Copper’s Price Hits 15-Month High As U.S. Rate Cut Nears
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最新报道：Copper prices hit a 15-month high, rising 1% to $10,173 per ton on the London Metal Exchange, marking six consecutive sessions of gains. The surge is driven by expectations of a 25-basis-point Fed rate cut on Sept. 17, supported by weak U.S. economic data and labor market indicators. Traders anticipate two more cuts by year-end. Strong Chinese demand, with consumption up 10% in H1, and a weaker dollar are also fueling the rally, boosting stocks of major producers like BHP, Teck Resources, and Rio Tinto.
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