Radar do Mercado
Resumo diário completo com análise técnica e fundamental dos mercados globais, incluindo movimentos em Forex, ações, metais e decisões macroeconômicas relevantes.
12167 tópicos neste fórum
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Copper continued its record-breaking rally on Monday amid stockpiling of the metal in the US, while China set domestic growth as its top economic priority for next year, boosting the demand outlook. Futures on the London Metal Exchange climbed as much as 1.3% to $11,771 a ton, surpassing the all-time high set in the previous session. Click on chart for live prices. Copper has been ratcheting higher in recent weeks amid a mass exodus of the metal into the US in anticipation of expanded tariffs, raising concerns of a global supply squeeze. The latest spike came after China — the world’s top consumer — announced it will stick with a “proactive” fiscal approach …
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Copper prices collapsed by 20% on Wednesday afternoon after US President Donald Trump excluded the most widely imported form of copper from his planned import tariffs. In its statement, the White House confirmed that the 50% import tariff will only apply to semi-finished products such as copper pipes, wires, rods, sheets and tubes, and to copper-intensive goods like pipe fittings, cables, connectors and electrical components. Copper futures collapsed following the tariff announcement. The most actively traded COMEX copper futures fell by 19.6% to $4.5235/lb. as of 4:15 p.m. ET, the lowest since early May, following the announcement. Prior to that, US copper …
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Copper for delivery in September fell by more than 1% to a high of $5.0450 per pound or $11,120 per tonne in early trading on the Comex market on Friday as traders take profits after five straight days of gains. Pre-emptive buying in the US ahead of likely tariffs has opened up a massive gap between US and London Metal Exchange prices. Benchmark 3-month copper in London was trading higher at $9,887 per tonne on the LME in morning trading in London on Friday. Reuters reports some Chinese smelters have agreed to process copper from Antofagasta for no charge, but the outcome was better than expected for the smelters, already suffering losses. Shanghai Metals Mark…
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Copper extended its record-breaking run on Friday, as Citigroup became the latest to provide a bullish outlook on prices behind the narrative of an impending global supply shortage. Futures on the London Metal Exchange rose as much as 2.2% to $11,705 a ton, surpassing the previous record high set earlier this week. The industrial metal has been ratcheting up in recent weeks as traders anticipate a supply squeeze caused by stockpiling in the US ahead of potential tariffs. Copper’s record-breaking week. (Click on chart for live prices.) The rally received a further boost Friday when Citigroup backed this supply-side narrative, predicting that the global copper def…
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Copper extended its decline on Tuesday amid fresh uncertainty surrounding the US monetary policy and eased concerns over global supply. Prices dropped as much as 2.4% amid a broader decline in base metals. By 1 p.m. ET, three-month copper traded at roughly $10,855 per tonne on the London Metal Exchange, while those on the COMEX were priced at $5.013 per lb. (about $11,050/t). Click on chart for live prices. With a cooldown in global trade tensions, investor focus has now shifted to the US Federal Reserve policy and the outlook for China’s wavering economy. A series of remarks from Fed officials has offered contrasting views on what’s next for US rates, after…
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Copper prices edged higher on Thursday, driven by strong Chinese trade data that signaled robust industrial demand, while supply risks from Chile began to cast a shadow over the market outlook. China reported an unexpected surge in both imports and exports in July. Total exports jumped 7.2% from a year earlier, outpacing economists’ projections of 5.6%, as manufacturers expanded into alternative markets despite ongoing US tariffs imposed by President Donald Trump. This export-led momentum is sustaining demand for industrial metals like copper, which are essential components in cars, appliances, electronics, and construction. Chinese manufacturers, facing subdued d…
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Copper jumped to a 15-month high on Monday amid a broader risk-on rally, as traders prepare for this week’s US Federal Reserve meeting with the expectation of a long-awaited interest rate cut. Futures on the London Metal Exchange rose by 1% to $10,173 a ton, the highest since June 2024. Those on the COMEX also gained 1.5% to $4.726 a pound, or about $10,419 a ton. Click on chart for live prices. Copper, a bellwether for the health of the global economy, has now risen for six consecutive trading sessions, as a stream of weak US economic data led traders to raise their bets on the Fed cutting rates. It is widely anticipated that a quarter-point rate cut will c…
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Copper prices climbed to their highest level in more than a year on Thursday, fueled by mounting global supply disruptions and growing expectations that US interest rate cuts will support demand for the industrial metal. Benchmark futures on the London Metal Exchange (LME) briefly rose above $10,500 a tonne for the first time since May 2024, before trading at $10,497.50, up 1.1% as of 11:50 a.m. in London. Three-month futures traded above $10,976 per ton ($4.989 per lb.) on the CME, up 2.2% for the day. Click on chart for live prices. The rally has been bolstered by news that Freeport-McMoRan (NYSE: FCX) declared force majeure at its giant Grasberg mine in Ind…
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Copper surged to a 16-month high in London after Teck Resources (TSX: TECK.A, TECK.B)(NYSE: TECK) lowered its copper production guidance for 2025 after persistent setbacks at its Quebrada Blanca (QB) mine in Chile and Highland Valley Copper (HVC) operation in Canada. Prices climbed as much as 0.5% to $10,815 per tonne on the London Metal Exchange. The company said it now expects to produce 170,000 to 190,000 tons in 2025, down from its previous target of 210,000 to 230,000 tons. Teck also trimmed annual production targets for the next three years. The QB project has long frustrated investors, coming in $4 billion over budget and years behind schedule. Current chal…
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Copper futures hit a new record on Tuesday as the US market continues to brace itself for a 50% tariff next month. The most active September contracts on the CME soared as much as 1.6% to $5.7275 per lb., a new all-time high. Since US President Donald Trump’s tariff announcement earlier this month, copper price have soared past the $5/lb. level to new heights. Following a double-digit move on July 8 (see chart below), the metal has risen by another 2%. Click on chart for live prices. This takes copper’s year-to-date gains to over 40%, making it one of the best performing commodities of 2025, even surpassing that of gold. Meanwhile, corresponding contract…
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Copper advanced to a record in London on Wednesday, as the prospect of easing in US-China trade tensions provided a fresh catalyst to a rally built on supply setbacks and tariff-driven trade dislocations. Three-month future contracts rose to as high as $11,146 a ton on the London Metal Exchange, topping a previous peak set last year. This places copper on course for its best performance since 2017, having risen over 24% year to date. Click on chart for live prices. “Copper prices are being supported by a pick-up in risk appetite on optimism about a potential trade deal between the US and China,” Craig Lang, a principal analyst at CRU Group, told Bloomberg. The m…
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Copper prices held steady on Monday as traders continue to assess the impact of a major mine shutdown on global supplies. Three-month futures traded at above $10,000 per ton ($4.6125 per lb.) on the CME, down 0.3% for the day. In London, the metal traded at just under $10,000/ton, holding onto Friday’s advance. Click on chart for live prices. The moves follow an announcement by Freeport McMoRan that it will temporarily suspend its Grasberg mine in Indonesia — the second-largest copper producer in the world — following a mud flow incident that trapped seven workers underground two weeks ago. As of Monday, the bodies of two workers had been recovered. Operatio…
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Copper prices in London hit a fresh high on Friday in the wake of bullish calls by participants of this week’s industry gathering in Asia. Three-month LME futures rose as much as 2.5% to a record $11,210.50 a ton, before pulling back below the $11,000 level. Click on chart for live prices. The surge comes after miners, smelters and traders met in Shanghai this week, with discussions focused on a tightening market. The jump also came after Kostas Bintas, the high-profile head of metals at Mercuria, renewed his bullish prediction for prices, warning that a rush to ship metal to the US risks draining the rest of the world’s inventories. “This is the …
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Copper prices surged nearly 6% on Monday, supported by a weaker dollar and investor concerns over potential US tariffs on copper imports. On the COMEX, copper for July delivery rose 5.8% to $4.949 per pound ($10,887 per tonne). The rally followed President Trump’s announcement late Friday that the US will double tariffs on steel and aluminum to 50%, starting this Wednesday. Benchmark three-month copper on the London Metal Exchange (LME) was up 0.7% at $9,572 per metric ton as of 07:06 GMT. China’s commodity markets were closed on Monday for the Dragon Boat Festival holiday. The dollar edged lower, paring gains from last week, as markets assessed the po…
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To meet the world’s future needs, copper prices must at least double their current levels in order to incentivize companies to build more mines, a study published in the latest issue of the SEG Discovery journal suggests. According to the study, led by researchers from the University of Michigan, Cornell University and the University of Queensland, the problem isn’t about finding enough copper in the ground, but the rate at which companies are mining to satiate the rapid consumption of metal driven by two major themes: economic development and clean energy. These two drivers of demand are at odds when it comes to how resources are to be allocated, because, as the …
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Copper prices surged toward a record on Monday as optimism over an imminent US-China trade deal added steam to a rally driven by a slew of disruptions at some of the world’s biggest mines. Prices on the London Metal Exchange rose as much as 1.2% to $11,094 a tonne, just $10 shy of a record reached in May of 2024. Click on chart for live prices. Meanwhile, copper futures on the COMEX traded as high as $5.247 a lb., equivalent to about $11,568 per tonne, which is also not far off the record $12,330 per tonne hit in July. The rally coincides with signs that the US and China, the world’s two biggest economies, are lining up a trade accord, which would outlook fo…
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Copper prices fell to the lowest in a week on Monday after opening the market higher, as investors continue to monitor the final details on imminent US tariffs on the metal. The most active copper futures on the COMEX fell by nearly 3% to $5.613/lb., a sharp pullback following a record-setting rise last week that saw prices approach the $6/lb. level. Click on chart for live prices In London, the benchmark three-month copper contract was down more than 1% at $9769.50/tonne, having risen by 0.6% earlier to $$9,824.50/tonne. The decline comes just days before the official implementation of the touted 50% tariff on the industrial metal, the details of which rema…
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Copper prices rebounded to a near record on Wednesday amid fresh warnings of a sizable supply shortage that is likely to fall short of demand. Three-month futures on the London Metal Exchange settled at $11,556.50 a ton, for an intraday gain of 0.6%. Earlier this week, the metal — a raw material vital to renewable energy, electric vehicles and data centers — hit a record of $11,771 a ton after promising economic outlook from China, its top consumer. Click on chart for live prices. The renewed rally comes on the back of further bullish calls on copper’s long-term prospects, which in recent months have been lifted by a series of mine disruptions and growing ex…
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Copper prices fell on Monday, giving back part of last week’s strong gains even as supply concerns persist following deadly disruptions at Indonesia’s Grasberg mine. Benchmark three-month copper on the London Metal Exchange (LME) slipped 0.7% to $10,639.50 per tonne by mid-afternoon trading, erasing earlier advances. The decline followed copper’s biggest weekly gain in a year. On the CME, three-month futures traded at $11,115 per tonne ($5.0525 per pound), down 1% for the day. Click on chart for live prices. A stronger US dollar weighed on prices. The greenback advanced after France’s prime minister announced his resignation and Japan appeared set to appo…
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Copper prices pulled back on Wednesday after briefly touching their highest levels since late March in London, as traders balanced concerns over supply with an uncertain demand picture from China. On the London Metal Exchange, copper climbed as much as 0.6% to $10,038 a tonne before easing 0.1% to $9,967 by 11:22 a.m. Shanghai time. The red metal gained 3% in August and remains up about 14% so far this year. In the US, COMEX futures were steady, with the most-active contract slipping 0.14% to $4.638 per pound ($10,203/t) on Wednesday morning. Click on image for live updates China concerns A weaker US dollar and the prospect of interest rate cuts have und…
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Copper climbed nearly 2% on Thursday as one of the world’s top miners gave a conservative production outlook, adding to the metal’s supply concerns in a year marred by global disruptions. Prices surged as much as 1.7% to above $10,800 per tonne on the London Metal Exchange, while three-month contracts on the COMEX gained 1.9% to $5.10 per lb., equivalent to $11,250/t. The metal used in wiring for renewable energy, electronics and construction has rallied more than 20% this year, supported by a series of major global mine outages and production setbacks. Prices have been on the rise since August following major incidents at Chile’s El Teniente, the world’s larg…
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Copper prices rose on Friday, putting the metal on track for a fourth straight weekly gain, as upbeat economic signals from the U.S. and China buoyed demand expectations. The benchmark three-month copper contract on the London Metal Exchange (LME) rose as much as 0.8% to $9,898 per metric ton, hovering near its highest level in a month. Futures on the COMEX also gained, with the most-active contract climbing 1% to $4.5880 per pound ($10,093/t). Economic tailwinds from the US and China In the US, revised government data showed the economy expanded at a 3.3% annualized pace in Q2, stronger than the previously reported 3% growth. The revision was driven by a picku…
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Copper climbed to a three‑month high on Tuesday, driven by tightening supply on the London Metal Exchange (LME) and an improved risk appetite linked to hopes of easing US–China trade tensions. Market attention remains fixed on tariffs, which continue to shape global metal flows. Supply squeeze LME copper prices are set to close out the first half of the year with a gain of 12%, beaten only by the tin market, largely due to the investigation into US copper imports announced by President Trump in February. There’s been a rapid drawdown in inventories on the London Metal Exchange and in China recently after traders moved record volumes to the US in a bid to f…
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Copper prices soared to a new record in London following a spike in orders to withdraw the metal from London Metal Exchange warehouses amid concerns of a global supply squeeze. Futures on the LME jumped as much as 2.6% to more than $11,400 per tonne during Wednesday’s morning trading, surpassing the previous peak set two sessions ago. It has since retreated to around the $11,100 level. Click on chart for live prices. The copper rally has been building momentum in recent weeks as a growing chorus of traders and analysts warned of global inventories reaching critically low levels, while huge volumes of metal are being shipped to the US in anticipation of tariffs. …
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Copper shot up to a new all-time high on Thursday, as an improved growth forecast for the US economy gave further boost to the metal’s rally. Three-month futures on the London Metal Exchange advanced as much as 2.1% to $11,800.50 a ton, surpassing a record set on Monday. Click on chart for live prices. The move follows an upgraded economic outlook from the US Federal Reserve, which projects the world’s largest economy to grow 2.3% next year, up from 1.8% previously. This sanguine outlook provides a jolt to the demand outlook for industrial metals, in particular copper, as it is used in almost every key sector and is seen as vital to the clean energy transiti…
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