Citi analysts predict a decline in copper prices in the second half of 2025 amid weakening demand from China and tariff restrictions in the United States. In an analytical note, the bank warns that the market will be affected by the consequences of an abnormal increase in copper consumption in May, related to the hype around solar energy in China, as well as the Section 232 tariffs planned by Trump from August 1.Citi expects prices to fall to $8,800 per ton in the next three months. The ban... Více
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A two-day meeting of the US Federal Reserve System starts today, following which the regulator will... Více
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According to the US Department of Commerce, retail sales jumped 17.7% in May compared with April.... Více
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