Copper

Metrics Ventu

2026-08-14 07:06:08

Metrics Ventures says gold and resource assets are absorbing liquidity before Bitcoin

Metrics Ventures used its latest market note, titled Talk is Cheap, to argue that recent moves in bonds and foreign exchange have already priced in the impact of Warsh’s July remarks, and that the dollar’s problems are beyond the reach of any single Federal Reserve chair. The fund said U.S. equities, bonds and currencies are still sending different signals on credit, with stocks holding onto confidence after a selective deleveraging while bond and FX markets continue to express distrust. It also said gold and silver bottomed early enough to show what it sees as a central-bank consensus: verbal signaling is no longer enough in a period of weakening confidence in Western currencies. Looking ahead to Q3 and Q4, Metrics Ventures said it still favors supply-constrained resources such as copper and electricity, along with gold, which it said continues to price in currency distrust. For crypto, the report was more restrained. It said the digital-asset market is unlikely to see large excess returns before excess liquidity is released in size and the marginal growth slowdown in AI is fully priced in. The fund also said gold and other resource commodities remain ahead of Bitcoin as liquidity-absorption assets at this stage.

1500

Copper

2026-08-13 08:40:04

Copper's US Subsidiary Secures SEC Broker-Dealer License and FINRA Membership

Copper, the UK-based crypto custody firm, has obtained a broker-dealer license registered with the US Securities and Exchange Commission (SEC) and become a member of the Financial Industry Regulatory Authority (FINRA) through its American subsidiary. The license expands Copper's compliant footprint in the US, letting the firm offer institutional clients regulated crypto custody and trading services. Copper is headquartered in the UK and already holds related licenses there and in Switzerland.

1530

JPMorgan

2026-08-13 08:27:00

JPMorgan says a Fed hike in December is now its base case, with commodities facing a 2022-style risk

JPMorgan’s global markets strategy team has moved forward its call for the next Federal Reserve rate hike, now expecting it in December instead of the third quarter of 2027. The bank also said September cannot be ruled out if inflation heats up again quickly. In its review of past tightening cycles, JPMorgan noted that commodities have posted positive returns in every Fed hiking cycle since 1990 except the latest one, from March 2022 to July 2023, when the sector fell about 14%. The report argues that the monetary backdrop may resemble 1999, when the Fed delivered a mid-cycle adjustment, but the structure of the commodity market looks much closer to 2022. In JPMorgan’s view, that raises the risk that a fading supply disruption premium could once again collide with tighter financial conditions and weigh on the asset class during any coming hiking phase. The bank breaks that view down across sectors. It says energy will depend heavily on shipping through the Strait of Hormuz and Chinese oil demand, precious metals are most exposed to a sharper repricing of Fed tightening, and base metals still look firm for now, though that outlook remains sensitive to manufacturing PMI trends and the path of the U.S. dollar.

1640

Policy and Re

2026-08-07 04:29:00

Stocks Slip Ahead of Payrolls as Hawkish Fed Signals Build, Oil and Copper Climb

Wall Street turned cautious ahead of the U.S. July nonfarm payrolls report, with the three major stock indexes ending lower, Treasury yields climbing and the dollar testing the 100 level. Oil jumped after Iran advanced a draft rule for transit in the Strait of Hormuz, while LME copper neared historic highs after the Democratic Republic of the Congo moved to ban exports of copper-cobalt concentrates. At the same time, investors reassessed AI-related spending and guidance risk after sharp sell-offs in application software and memory names. The market is also watching a widening split in payroll forecasts, ranging from 18,000 to 83,000 new jobs. That dispersion has raised the stakes for Friday’s data as traders weigh the odds of a September rate hike. St. Louis Fed President Musalem said the probability of inflation staying above target has increased and signaled support for higher rates, while the Financial Times reported that Warsh could also push for a September hike if inflation runs hot in coming weeks. Within equities, SpaceX and several space-linked names outperformed, while Western Digital, SanDisk, AppLovin and Datadog were hit hard after earnings-related disappointments. Alphabet’s $25 billion bond sale, backed by roughly $115 billion in orders, added to supply pressure in long-dated Treasuries and sharpened concerns over how AI infrastructure spending may weigh on free cash flow.

1860

copper

2026-08-07 00:57:17

Copper hits a record as supply disruptions and AI demand tighten the market

U.S. copper futures climbed to a record $6.90 per pound, driven by a mix of supply shocks and stronger long-term demand. On the supply side, severe winter snowstorms in Chile forced several major mining companies to halt operations, adding to concerns about refined copper shortages as inventories continue to fall. London Metal Exchange copper stockpiles have dropped about 40% since mid-April, pointing to rapid drawdowns in the physical market. Demand has also strengthened, with AI data center construction, the global energy transition, and power grid upgrades all lifting copper consumption. In China, grid investment rose 13% in the first half of the year, and the country recently announced a roughly $574 billion grid modernization plan. Chinese smelters competing for copper concentrate and scrap have also pushed import premiums to their highest level since 2022. Market concerns over potential U.S. tariffs on imported metals and broader geopolitical risks have added another layer of pressure, encouraging strategic stockpiling and arbitrage trades. Bank of America said copper market volatility is likely to remain elevated in the near term as supply chain stress and policy risks overlap.

1940

Mariana Miner

2026-08-03 14:40:48

Mariana Minerals raises $310 million in Series B at a $1.5 billion valuation

Software-driven mining startup Mariana Minerals has closed a $310 million Series B round, according to Fortune, with Khosla Ventures leading the financing and Andreessen Horowitz (a16z), Breakthrough Energy Ventures, Greenoaks, BHP Ventures, and Mitsubishi Corp. also participating. The deal brings the company’s total funding to $400 million and values Mariana at $1.5 billion. Mariana was co-founded in 2024 by Turner Caldwell, a former member of Tesla’s factory design and construction team, and is based in San Francisco. The company says it is working to remake traditional mining through software. It currently operates two mining assets: Copper One in Utah, a copper mine targeting annual refined copper output of 50,000 tons, and Lithium One in Texas, a lithium mine expected to begin commercial production in 2027. The financing adds to investor backing from both venture capital firms and industrial groups as Mariana expands its operating footprint.

2000

precious meta

2026-07-24 08:30:16

After Precious Metals Flash Crash, Could Copper Become the New King of the AI Era? CME Margin Hike Triggers Deleveraging

In late January 2026, a CME margin hike triggered a brutal deleveraging in precious metals, with silver plunging over 35% and gold falling 12%+. Analysts point to copper's demand from AI data centers and EVs as a potential new metal king.

220

Copper

2026-07-23 13:25:16

Copper Said to Hold Early IPO Talks as Crypto Infrastructure Draws Wall Street Interest

Crypto custody firm Copper is reportedly in early talks about a public listing, with Goldman Sachs, Citi and Deutsche Bank potentially involved. The company says it is not planning an IPO at this time.

420