Created
: 2025.10.06
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Copper hits five-month high as supply disruptions deepen - ING
World FX news
Breaking news
Copper hits five-month high as supply disruptions deepen - ING
New
2025.10.06 19:36
2025.10.06 19:36
2025.10.06 19:36
LME Copper prices extended the upward rally for a fourth straight session this morning, with prices moving above $10,785/t (the highest since May 2024), amid expectations of US interest rate cuts and ongoing supply disruptions, ING's commodity experts Ewa Manthey and Warren Patterson note.
Industrial metals rally on rate-cut hopes and mine outages
"Recent reports of supply disruptions at major mines - including Freeport-McMoRan Inc. (Grasberg), Codelco (EI Teniente) and Hudbay Minerals Inc. - have led to a sharp downward revision in the output guidance for the year."
"Meanwhile, LME data shows that on-warrant inventories for lead fell by 26,525 tonnes (the biggest daily decline since 18 July 2025) after reporting gains for three consecutive sessions to 185,200 tonnes as of 3 October, the lowest since 20 May 2025. Most of the outflows were reported into Singapore warehouses."
"Total inventories of lead rose by 3,750 tonnes for a fourth straight session to 237,500 tonnes, while cancelled warrants increased by 30,275 tonnes for a second consecutive session to 52,300 tonnes for the period."
Last updated
: 2025.10.06
Related articles
Gold blasts past $3,950 as shutdown, uncertainty fuels haven rush
2025.10.07 03:49Gold surges past $3,900 on safe-haven demand amid US shutdown and political jitters
2025.10.06 21:39Silver Price Forecast: XAG/USD holds gains at multi-year highs above $48.30
2025.10.06 20:22Gold Price Forecast: XAU/USD refreshes all-time high near $3,950 on firm Fed rate cut bets
2025.10.06 20:04Impact of U.S government shutdown on commodity reports - Société Générale
2025.10.06 19:57Copper hits five-month high as supply disruptions deepen - ING
2025.10.06 19:35
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
EUR/USD falls on French political shock and shutdown lift Dollar
EUR/USD retreats during the North American session sponsored by political turmoil in France and US Dollar strength, amid the sixth day of government shutdown in the US. The pair trades at 1.1714, down 0.24%.
New
2025.10.07 07:02Fed Schmid: The Fed must maintain inflation credibility
The President of the Kansas City Federal Reserve Bank Jeffrey Schmid crossed the newswires on October 6. He delivered hawkish remarks, saying that the Fed must maintain its inflation credibility and stressed that inflation is too high. He added that monetary policy is appropriately calibrated.
New
2025.10.07 07:02Gold blasts past $3,950 as shutdown, uncertainty fuels haven rush
Gold price rallies to a new record high past the $3,900 figure on Monday, hitting $3,970 as the US government continues its shutdown, while investors are pricing in another rate cut by the Federal Reserve (Fed) at the upcoming October 29 meeting. XAU/USD trades at $3,952, up 1.73%, at the time of w
New
2025.10.07 03:49Australian Dollar rises as Greenback softens on shutdown, dovish Fed outlook
The Australian Dollar (AUD) trades on the front foot against the US Dollar (USD) on Monday, extending its recovery as the Greenback's early strength fades. The pair rebounds toward the upper end of its recent consolidation band after swinging sharply in both directions earlier in the day.
New
2025.10.07 03:40Dow Jones Industrial Average wobbles near record highs
The Dow Jones Industrial Average (DJIA) struggled to keep its footing on Monday, kicking off the new trading week opening at record highs above 46,800. The Dow slipped early on Monday after investors briefly showed frayed nerves, but general market sentiment continues to drift into the high side.
New
2025.10.07 03:05FX Today: Fedspeak expected to grab all the attention
The US Dollar (USD) rose to multi-day highs on Monday, propped up almost exclusively by the strong depreciation of the Japanese Yen.
New
2025.10.07 02:45ECB's Lagarde declares disinflation process over, floats Euro as global currency candidate
European Central Bank (ECB) President Christine Lagarde confidently declared the ECB has achieved its disinflation targets while testifying before the European Parliament's Economic and Monetary Affairs Committee.
New
2025.10.07 02:36Canadian Dollar steadies as Oil recovery offsets US Dollar's limited gains
The USD/CAD exchange rate remains stable on Monday, hovering around 1.3950 at the time of writing. The cross edged lower earlier on Monday as the commodity-linked Canadian Dollar (CAD) gained support from the rebound in Oil prices, before stabilizing.
New
2025.10.07 02:20EUR/JPY steadies near record high as Euro and Yen face political shocks
EUR/JPY stabilizes around 175.70 on Monday, up 1.4% for the day, after reaching a record high of 176.25. The unexpected resignation of French Prime Minister Sébastien Lecornu, announced just hours after unveiling his new cabinet, shocked markets and weighed on the single currency.
New
2025.10.07 01:30EUR/USD rebounds above 1.1700 US Dollar strength fades amid shutdown, Fed cut bets
The Euro (EUR) recovers modestly against the US Dollar (USD) on Monday, paring earlier losses after briefly hitting its lowest level in nearly two weeks. The pair climbs back above 1.1700 as the Greenback's initial advance, driven by weakness in the Euro and the Japanese Yen (JPY), loses steam.
New
2025.10.07 01:09Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
