Copper Expected to Face Near-Term Headwinds, MUFG Says

Copper was trading higher Thursday and is likely to face near-term challenges due to the threat of U.S. tariffs on Chinese goods, but Beijing’s stimulus measures to boost the economy should support global demand, according to MUFG analysts.

Copper was trading higher Thursday and is likely to face near-term challenges due to the threat of U.S. tariffs on Chinese goods, but Beijing’s stimulus measures to boost the economy should support global demand, according to MUFG analysts.