Copper fell to its lowest level since December as the worsening war in the Middle East pushed energy prices higher and raised the risk of damage to the global economy. The move reflects a risk-off shift likely to weigh on cyclical commodities and related equities by increasing downside pressure on industrial demand.
Copper fell to its lowest level since December as the worsening war in the Middle East pushed energy prices higher and raised the risk of damage to the global economy. The move reflects a risk-off shift likely to weigh on cyclical commodities and related equities by increasing downside pressure on industrial demand.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
