Copper

RBA

2026-09-29 06:46:58

Bitunix analyst says RBA rate hike to 4.60% could keep global tightening in place longer

Australia’s central bank has raised its policy rate by 25 basis points to 4.60% and said further tightening remains possible if needed, putting inflation back at the center of market attention. According to the BlockBeats report citing a Bitunix analyst, the move comes even as Australia’s consumer and housing markets have cooled, because economic growth and inflation are still running above expectations. The report also points to two cost drivers that could keep price pressures elevated: higher energy prices linked to conflict in the Middle East, and rising technology product prices tied to AI demand. The analysis extends beyond Australia. It argues that when energy costs and technology demand lift input prices at the same time, inflation can stay sticky even as economic activity slows, limiting room for global rate cuts. On commodities, Deutsche Bank said U.S. copper stockpiling tied to tariff expectations is reducing spot supply available to other regions. In an extreme scenario, the bank said copper could reach $22,050 per ton in the second quarter of 2027, though it stressed that this is not its base-case forecast. The broader market implication is that higher raw material and financing costs together could keep pressure on valuations, liquidity, and risk assets.

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copper

2026-09-09 07:39:00

Copper Hits a Record as U.S. Tariff Bets and Chile Supply Stress Tighten the Market

Copper prices pushed to fresh records as a wave of metal shipments into the United States collided with worsening supply pressure in key producing regions. London Metal Exchange copper futures broke above $14,533 per ton on Sept. 7 and climbed as high as $14,616 per ton on Sept. 8, while domestic spot copper in China moved above 110,000 yuan. The report says the immediate trigger was not a sudden jump in end-user demand, but market pricing around possible U.S. tariffs on refined copper and a broader rush to move inventories into the U.S. to capture higher prices on Comex. Analysts cited in the report said the rally reflects localized shortages rather than broad-based global demand strength. At the same time, deeper structural constraints are building. Chile, the world’s largest copper producer, has seen weather-related mining and port disruptions, while Antofagasta and Lundin cut production guidance. Data in the report also pointed to weaker output among a broad sample of global copper miners, lower Chilean export revenue despite stronger prices, and higher acid-related costs hitting copper production in the Democratic Republic of Congo. Longer term, demand from AI servers, data centers, grid upgrades, and new energy systems continues to add pressure to an already tight market.

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Copper

2026-09-08 15:23:46

Copper CEO Amar Kuchinad leaves as buyer search enters fourth month

Amar Kuchinad has left Copper, the cryptocurrency custody firm where he had served as chief executive since 2024, according to CoinDesk, which cited two people familiar with the matter. His departure comes while Copper’s effort to find a buyer has moved into a fourth month. The report did not disclose further details on the timing of his exit, the reasons behind the change, or any potential acquirer. Copper is a crypto custody company, and the leadership change lands at a time when the sale process is still ongoing. The information available in the report is limited to Kuchinad’s departure, his tenure as CEO since 2024, and the status of the company’s search for a buyer.

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whale

2026-09-08 04:11:16

Whale Loracle Turns Bullish on Gold and Copper, Most Short Positions Underwater

According to Hyperbot data, whale Loracle has opened a 10x leveraged long position on gold and a 1x long on copper, both currently in profit. Meanwhile, most of its short positions are underwater, with the HYPE short losing $13.66 million, SNDK losing $5.16 million, NVDA losing $0.62 million, PONS losing $1.28 million, MU losing $1.94 million, and PLTR losing $0.014 million. Only CASHCAT and CRWV shorts are in profit.

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JPMorgan

2026-09-03 07:33:42

JPMorgan Says the Global Economy Is Entering a New Investment Cycle, Flags Fed Hike Risk and AI Chip Shortage

JPMorgan said in its early-September global market outlook that the world economy is positioning for a new investment cycle. The bank expects the Federal Reserve to raise rates by 25 basis points in December, lifting the fed funds target range to 3.75% to 4.00%. It also forecasts 2026 U.S. GDP growth of 2.0%, core PCE inflation at 3.5% and unemployment at 4.1%. The report says the gap between market pricing and the Fed’s own policy path is widening and could drive volatility in the coming quarters. JPMorgan sees the 2-year Treasury yield at 4.30% and the 10-year at 4.85% by the end of 2026, with the curve steepening to 55 basis points. On assets, the bank expects the U.S. dollar to retain support into a possible December hike, while oil and copper reflect a mixed supply-demand picture. It also argues that AI infrastructure spending remains in a multi-year supercycle, with GPU scarcity, grid investment and regional localization shaping the next phase of growth.

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copper

2026-08-25 20:08:43

Copper closes at a record as bitcoin rises alongside gold and silver

Comex copper futures settled at $6.71 per pound on Tuesday, marking the highest closing price on record for the metal. Techub, citing BeInCrypto, said a debasement trade is lifting both metals and crypto as investors shift toward scarce assets on concerns that U.S. debt management could weaken the dollar. Gold, silver and bitcoin all moved higher under that backdrop. Last week, the U.S. Treasury raised its maximum bond buyback size from $2 billion to at least $4 billion, a step the market read as a form of stealth easing that added pressure to the dollar. The dollar index is now near a three-month low, while gold is trading around $4,666 per ounce and posting its best monthly performance since 1999. Bitcoin tracked the move in metals, trading near $78,900 with a 24-hour gain of about 0.23%, according to BeInCrypto. Earlier on Tuesday, BTC briefly moved above $81,000, its highest level since May. CoinGlass data showed that more than $4 billion in short positions were liquidated during the breakout.

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Copper

2026-08-25 13:56:45

Potential buyers value Copper at $200 million, far below prior $500 million offer

Crypto custody firm Copper is drawing interest from potential buyers, but the bids on the table are far below levels discussed earlier, according to CoinDesk, citing people familiar with the matter. The company, which was once valued at as much as $2.5 billion, has reportedly received offers of only $200 million. That compares with a $500 million offer made by Cantor Fitzgerald several months ago. The gap highlights how far current buyer interest sits below both Copper’s earlier valuation and prior acquisition interest. People familiar with the matter also said Copper is dealing with challenges tied to preferred shares after raising more than $300 million at a high valuation. The report points to pressure created by past fundraising terms as the firm weighs strategic interest from buyers.

770

Kalshi

2026-08-19 18:02:02

Kalshi Seeks CFTC Approval for Stock Index and Copper Perpetual Futures

Kalshi has asked the U.S. Commodity Futures Trading Commission to approve two new perpetual futures contracts tied to a U.S. large-cap stock index and copper, extending a contract format long associated with crypto into a new corner of the regulated derivatives market. The filing, submitted on Aug. 18, marks Kalshi’s first push into equity-linked perpetuals and follows a separate request made about a month earlier for a gold perpetual future. Under the proposal, the stock product, US500, would track the MerQube US Large Cap Index, while COPPERPERP would reference Pyth Network’s XCU/USD price feed. Kalshi said both contracts would be cleared through its in-house clearinghouse, Kalshi Klear, and trade nearly around the clock from Sunday evening to Friday evening Eastern Time. The move comes even as the legal status of U.S. perpetual futures remains unsettled. The CFTC approved the first such products at Kalshi and Coinbase in May, but CME Group sued the regulator in June, arguing that contracts with recurring funding payments and no delivery date should be treated as swaps rather than futures. Kalshi has continued to build on the structure despite that dispute.

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