[Today's Market Preview] Copper prices break through $11,700 to set a new high! "Super Central Bank Week" is coming

mitrade
2025.12.08 10:08
portai
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Copper prices have surpassed USD 11,700, reaching a historic high, driven by U.S. stockpiling and global supply tightness. Citibank predicts that copper prices will rise to USD 13,000 per ton in the next year. Japan's GDP contracted by 2.3% in the third quarter, impacting the central bank's interest rate decision. Bitcoin and Ethereum have rebounded, with the market anticipating a rate cut from the Federal Reserve this week. "Super Central Bank Week" is approaching, with the Federal Reserve and the Reserve Bank of Australia set to announce their interest rate decisions