<ul>
<li>價格從創紀錄高位回落</li>
<li>銅價連續第二天下跌</li>
<li>中國加強對高頻交易的監管</li>
<li>美國關税延期進一步施壓</li>
</ul>
<p>確認其作為今年最具波動性的商品之一，銅期貨在週五恢復下行趨勢，跌破每磅 5.90 美元這一心理重要關口。</p>
<p>這一修正階段的主要驅動力是中國監管機構的緊急決定，旨在大幅遏制高頻交易。作為前所未有的措施，國內交易所被要求將算法交易公司的第三方服務器從其數據中心物理移除，剝奪了它們在訂單執行中的關鍵競爭優勢——超低延遲。這一舉措旨在降低整體市場風險，立即引發了從上海到倫敦和紐約所有主要交易平台的拋售潮，使金屬報價從近期歷史高位回落。</p>
<p>華盛頓決定推遲對戰略礦物的關税引入，使情況更加複雜，銅因其在國防技術和國家能源網現代化中的不可或缺性，去年被納入該名單。</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>更多來自此作者的文章：</em></p>
<p>本週：美元指數面臨 CPI、PPI 和銷售數據的考驗</p>
<p>本週：US500 和 NAS100</p>
<p>本週：GBPUSD、EURUSD、USDJPY 和美國非農就業數據聚焦</p>

<p>銅價連續第二天下跌，跌破每磅 5.90 美元。這一下降歸因於中國對高頻交易的打擊，導致全球市場出現大量拋售。此外，美國已推遲對包括銅在內的戰略礦物徵收關税，進一步影響了價格。這些發展證實了銅作為市場關鍵商品的波動性</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>價格從創紀錄高位回落</li>
<li>銅價連續第二天下跌</li>
<li>中國加強對高頻交易的監管</li>
<li>美國關税延期進一步施壓</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>確認其作為今年最具波動性的商品之一，銅期貨在週五恢復下行趨勢，跌破每磅 5.90 美元這一心理重要關口。</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>這一修正階段的主要驅動力是中國監管機構的緊急決定，旨在大幅遏制高頻交易。作為前所未有的措施，國內交易所被要求將算法交易公司的第三方服務器從其數據中心物理移除，剝奪了它們在訂單執行中的關鍵競爭優勢——超低延遲。這一舉措旨在降低整體市場風險，立即引發了從上海到倫敦和紐約所有主要交易平台的拋售潮，使金屬報價從近期歷史高位回落。</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>華盛頓決定推遲對戰略礦物的關税引入，使情況更加複雜，銅因其在國防技術和國家能源網現代化中的不可或缺性，去年被納入該名單。</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>更多來自此作者的文章：</em></p>
</div><p>This Week: USD Index Faces CPI, PPI, And Sales Data Test</p>
<div class="lb-trans"><p>本週：美元指數面臨 CPI、PPI 和銷售數據的考驗</p>
</div><p>This Week: US500 &amp; NAS100</p>
<div class="lb-trans"><p>本週：US500 和 NAS100</p>
</div><p>This Week: GBPUSD, EURUSD, USDJPY And US NFP In Focus</p>
<div class="lb-trans"><p>本週：GBPUSD、EURUSD、USDJPY 和美國非農就業數據聚焦</p>
</div>

由於中國和美國的舉措，銅價下跌