empty
 
 

2025.08.2006:40:56UTC+00Copper Holds Losses on Risk-Off Mood

Copper futures remained close to $4.42 per pound on Wednesday, following a 1% decrease in the previous session. This decline was driven by a widespread selloff in risk assets, particularly affecting US technology stocks. Investor caution intensified ahead of the Federal Reserve’s annual Jackson Hole symposium, as markets awaited potential signals from Chair Jerome Powell regarding whether policymakers might counter expectations for an interest rate cut next month. On the supply front, an increase in imported copper arrivals has bolstered inventories, alleviating concerns about supply tightness. Furthermore, the market currently lacks new macroeconomic catalysts, with abundant stockpiles, relatively easy supply conditions, and only a slight uptick in demand resulting in stagnant prices.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In August we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback