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Copper futures climbed toward $6.60 per pound on Thursday, recovering from the previous session’s losses as supply disruptions in top producer Chile lent support to prices. Two unions at Antofagasta’s Centinela project launched industrial action on Wednesday, warning that the strike could begin affecting production wit
JPMorgan analysts said the Clarity Act is unlikely to become law in the U.S. this year, citing the congressional calendar and the Senate vote pattern. The note points to fading prospects for crypto legislation before year-end.
Commerzbank's Antje Praefcke says the euro is unlikely to rebound soon because of concern over France's public finances. The euro fell 0.7% to $1.1181 after touching a 16-month low of $1.1160 on Monday.