According to UBS, copper imports to the US will decline sharply in the coming months due to the accumulation of excess inventories prior to the implementation of 50% tariffs on August 1.
According to UBS, copper imports to the US will decline sharply in the coming months due to the accumulation of excess inventories prior to the implementation of 50% tariffs on August 1.
According to NYDIG, Bitcoin surged 30.7% and Ethereum gained 36% between April and June. Meanwhile, the US stock market saw more modest growth at just 11.14%. This shows that crypto assets are increasingly being viewed as a more promising and profitable alternative to traditional assets.
The 50% tariff on copper imposed by the United States, which takes effect on August 1, may negatively affect American buyers of the metal. Imposing duties on foreign copper purchases could increase production costs and undermine the international competitiveness of domestic manufacturers.
An increase of the indicator value may contribute to the rise in quotes of GBP.
According to the Bank of Japan (BOJ), the recent increase in US tariffs has so far had no significant effect on the country’s exports or industrial output.
Cardano (ADA) is trading at $0.63 after breaking out of a falling wedge pattern yesterday. This bullish breakout coincided with Bitcoin hitting new all-time highs, boosting optimism across the crypto market, according to FXStreet.
The US has announced a 50% tariff on copper imports, pushing Chile and Mexico, its top suppliers of the metal, to seek new buyers.
Red Cloud Securities strategist Ken Hoffman outlined multiple factors supporting higher copper prices this year in an interview with Bloomberg. The main one is growing demand for the metal, which plays a crucial role in the energy transition and the development of modern technologies.
According to Reuters, Japan’s annual wholesale inflation slowed again in June, marking the third straight month of decline. The figures support the central bank’s view that price pressures will continue to dissipate gradually.
President Donald Trump's impending 50% tariff on US copper imports has dramatically cooled a previously heated speculative rally in the metal markets.
According to data from the Coinwy portal, Bitcoin and Ethereum led the recovery of the cryptocurrency market in July 2025. The growth occurred following major network upgrades and increased interest from institutional investors.