Week in review The main catalyst of the rally was expectations for more fiscal stimulus from China after the government unveiled a slew of steps to boost domestic demand in order to combat external headwinds caused by the escalating wave of US tariffs. This came after the US announced on September 15 the...
International copper prices enjoyed a powerful rally last week amid a broad-based rebound across the industrial metals space. LME copper rose 7.3%, the largest weekly gain since the week ending November 25, 2016. Comex copper surged 8.9%, its best performance since the week ending November 11, 2016. SHFE copper rose by a smaller 3.2%, but still the biggest rise since the week ending June 8, 2018.
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