Copper futures slide 5% as wholesale inflation runs hot
Copper futures tumbled more than 5% for the largest single-day decline since July 2025. The segment cites wholesale inflation at 5.4% for the August PPI, slightly above estimates.
Copper futures fell more than 5% in their biggest one-day drop since July 2025. The move came as base metals faced pressure from higher energy costs, geopolitical tensions and rising global bond yields after the ECB's 25-bps rate increase. 4%, slightly above estimates. Iaccino said that leaves the Federal Reserve with a difficult decision heading into the next FOMC meeting.