Copper Falls as U.S. Inflation Pressures Weigh on Sentiment
Copper prices are lower in early Asian trade. Guangzhou Futures analysts cite persistent U.S. inflation pressures, expectations for higher-for-longer rates and weaker risk appetite.
Copper prices are lower in early Asian trade. Persistent inflationary pressures in the U.S. reinforce expectations for higher-for-longer interest rates, while weaker risk appetite weighs on market sentiment, Guangzhou Futures analysts say in a note. A sharp selloff in technology stocks is fueling c…