Tuesday, 26 January 2021

Copper Forecast: US Stimulus and Chinese Recovery Key Price Drivers

Copper prices are easing this week after a major producer downgraded its sales volume forecast. Price action is likely dependent on Chinese demand and US Stimulus in coming weeks.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...