62FINANCE
⚡ Markets: Bullish for copper mining stocks and commodity-exporting economies. The high price, often seen as an economic barometer ('Dr. Copper'), could signal inflationary pressures if driven by demand, or stagflationary risk if driven by supply shocks.LME CopperFreeport-McMoRanBHP
Copper prices on the London Metal Exchange (LME) have hit a new record, trading near $14,300 a ton, marking the longest weekly winning streak since 1994. The rally is driven by a shrinking physical supply chain and concerns over potential trade tariffs.
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