<ul>
<li>价格从创纪录高位回落</li>
<li>铜价连续第二天下跌</li>
<li>中国加强对高频交易的监管</li>
<li>美国关税延期进一步施压</li>
</ul>
<p>确认其作为今年最具波动性的商品之一，铜期货在周五恢复下行趋势，跌破每磅 5.90 美元这一心理重要关口。</p>
<p>这一修正阶段的主要驱动力是中国监管机构的紧急决定，旨在大幅遏制高频交易。作为前所未有的措施，国内交易所被要求将算法交易公司的第三方服务器从其数据中心物理移除，剥夺了它们在订单执行中的关键竞争优势——超低延迟。这一举措旨在降低整体市场风险，立即引发了从上海到伦敦和纽约所有主要交易平台的抛售潮，使金属报价从近期历史高位回落。</p>
<p>华盛顿决定推迟对战略矿物的关税引入，使情况更加复杂，铜因其在国防技术和国家能源网现代化中的不可或缺性，去年被纳入该名单。</p>
<p><img src="https://imageproxy.pbkrs.com/https://cdn.builder.io/api/v1/image/assets%2F8e3ed79c6937481b915db7608b9e8915%2Fb765bd31d8fc4878b9945f661eb84fcb?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1000" height="800" original-src="https://imageproxy.pbkrs.com/https://cdn.builder.io/api/v1/image/assets%2F8e3ed79c6937481b915db7608b9e8915%2Fb765bd31d8fc4878b9945f661eb84fcb"/></p>
<hr/>
<p><em>更多来自此作者的文章：</em></p>
<p>本周：美元指数面临 CPI、PPI 和销售数据的考验</p>
<p>本周：US500 和 NAS100</p>
<p>本周：GBPUSD、EURUSD、USDJPY 和美国非农就业数据聚焦</p>

<p>铜价连续第二天下跌，跌破每磅 5.90 美元。这一下降归因于中国对高频交易的打击，导致全球市场出现大量抛售。此外，美国已推迟对包括铜在内的战略矿物征收关税，进一步影响了价格。这些发展证实了铜作为市场关键商品的波动性</p>

<ul>
<li>Prices retreat from record highs</li>
<li>Copper extends losses for a second day</li>
<li>China cracks down on high-frequency trading</li>
<li>U.S. tariff deferral adds further pressure</li>
</ul>
<div class="lb-trans"><ul>
<li>价格从创纪录高位回落</li>
<li>铜价连续第二天下跌</li>
<li>中国加强对高频交易的监管</li>
<li>美国关税延期进一步施压</li>
</ul>
</div><p>Confirming its status as one of the year's most volatile commodities, copper futures resumed their downward trajectory on Friday, slipping below the psychologically significant level of $5.90 per pound.</p>
<div class="lb-trans"><p>确认其作为今年最具波动性的商品之一，铜期货在周五恢复下行趋势，跌破每磅 5.90 美元这一心理重要关口。</p>
</div><p>The driving force behind this corrective phase was an emergency decision by Chinese regulators aimed at drastically curbing high-frequency trading. As part of an unprecedented measure, domestic exchanges were ordered to physically remove third-party servers of algorithmic trading firms from their data centers, stripping them of their key competitive advantage—ultra-low latency in order execution. This move, targeted at reducing overall market risks, immediately triggered a wave of selling across all key trading platforms from Shanghai to London and New York, pulling the metal's quotes back from recent historic highs.</p>
<div class="lb-trans"><p>这一修正阶段的主要驱动力是中国监管机构的紧急决定，旨在大幅遏制高频交易。作为前所未有的措施，国内交易所被要求将算法交易公司的第三方服务器从其数据中心物理移除，剥夺了它们在订单执行中的关键竞争优势——超低延迟。这一举措旨在降低整体市场风险，立即引发了从上海到伦敦和纽约所有主要交易平台的抛售潮，使金属报价从近期历史高位回落。</p>
</div><p>The situation was further complicated by Washington's decision to postpone the introduction of tariffs on strategic minerals, a list to which copper was added last year due to its indispensability for defense technologies and the modernization of the national energy grid.</p>
<div class="lb-trans"><p>华盛顿决定推迟对战略矿物的关税引入，使情况更加复杂，铜因其在国防技术和国家能源网现代化中的不可或缺性，去年被纳入该名单。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cdn.builder.io/api/v1/image/assets%2F8e3ed79c6937481b915db7608b9e8915%2Fb765bd31d8fc4878b9945f661eb84fcb" alt="" original-src="https://cdn.builder.io/api/v1/image/assets%2F8e3ed79c6937481b915db7608b9e8915%2Fb765bd31d8fc4878b9945f661eb84fcb"/></p>
<hr/>
<div class="lb-trans"><hr/>
</div><p><em>More By This Author:</em></p>
<div class="lb-trans"><p><em>更多来自此作者的文章：</em></p>
</div><p>This Week: USD Index Faces CPI, PPI, And Sales Data Test</p>
<div class="lb-trans"><p>本周：美元指数面临 CPI、PPI 和销售数据的考验</p>
</div><p>This Week: US500 &amp; NAS100</p>
<div class="lb-trans"><p>本周：US500 和 NAS100</p>
</div><p>This Week: GBPUSD, EURUSD, USDJPY And US NFP In Focus</p>
<div class="lb-trans"><p>本周：GBPUSD、EURUSD、USDJPY 和美国非农就业数据聚焦</p>
</div>

由于中国和美国的举措，铜价下跌