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Global copper smelters face losses as China ramps up processing capacity — Reuters

Global copper smelters are facing a crisis as China's rapid buildup of processing capacity undermines profitability across the sector, according to Reuters.

4 July
UK tax hikes dampen hiring as businesses cut jobs

Nearly one-third of UK small and medium-sized enterprises (SMEs) have reduced their workforce in recent months, with major corporations also warning of potential layoffs amid rising social security costs, industry experts report.

26 June
UK tax hikes dampen hiring as businesses cut jobs
Invesco files application for Solana ETF

Invesco has filed to launch a Solana-based exchange-traded fund (ETF), signaling growing interest from asset managers in cryptocurrencies beyond bitcoin, according to Reuters.

26 June
Invesco files application for Solana ETF
Anglo American strategists forecast 40% increase in demand for copper by 2040

During his speech at the London Indaba, head of strategy group at Anglo American Paul Gait said that global demand for copper is expected to grow by 40% over the next 15 years.

26 June
Anglo American strategists forecast 40% increase in demand for copper by 2040
Reuters reports likely downgrade of Japan's GDP growth forecast for this fiscal year

Insiders told Reuters that the Japanese government might lower the country’s economic growth forecast for the current fiscal year, which ends in March 2026. Currently, officials are expecting GDP to grow by 1.2%, but Donald Trump's tariff policies could push this figure below 1%.

26 June
Reuters reports likely downgrade of Japan's GDP growth forecast for this fiscal year
Copper continues to rise as Goldman Sachs projects $10,050 price target

According to Bloomberg, copper prices have been rising for the fifth straight day following a Goldman Sachs forecast predicting the metal could hit a record high of $10,050 per ton by August 2025.

26 June
Copper continues to rise as Goldman Sachs projects $10,050 price target
United States. Heating Oil Stockpiles. The value of the indicator has decreased from 0.152M to -0.716M

A decrease of the indicator value may contribute to the rise in quotes of Heating Oil.

25 June
United States. Gasoline Inventories. The value of the indicator has decreased from 0.209M to -2.075M

A decrease of the indicator value may contribute to the rise in quotes of Gasoline.

25 June
United States. Gasoline Production. The value of the indicator has decreased from 0.386M to 0.008M

A decrease of the indicator value may contribute to the fall in quotes of Gasoline.

25 June
ICSG preliminary data shows copper production rising in first four months of 2025

According to preliminary data from the International Copper Study Group (ICSG), global copper production increased by 2% in the first four months of 2025.

25 June
ICSG preliminary data shows copper production rising in first four months of 2025
BOJ’s Tamura flags possible rate hike amid rising inflation risks

Naoki Tamura, the Bank of Japan's (BOJ) board member, stated that the central bank may be forced to raise interest rates if inflation risks increase, despite ongoing economic uncertainty.

25 June
BOJ’s Tamura flags possible rate hike amid rising inflation risks