COMMODITY
Copper futures settle higher as softer US inflation data cools fed’s rate hike bets
Jul-15-2026
Copper futures settled higher on Tuesday after a cooler-than-expected US inflation reading eased concerns about an imminent Federal Reserve rate hike. Additionally, a weaker dollar also made dollar-priced commodities like copper cheaper for non-US buyers and lifted sentiment across industrial metals. However, renewed tensions in the Middle East after the US reinstated its blockade of Iranian ports in the Strait of Hormuz, capped the gains.

Copper futures for September delivery rose $0.097 to settle at $6.3780 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.75% at $13,643 a ton.
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