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Rio Tinto (RIO.N) CEO said the company is monitoring rising U.S. copper inventories to prepare to respond to a tariff decision.

2026-07-29

Rio Tinto (RIO.N) CEO said the company is monitoring rising U.S. copper inventories to prepare to respond to a tariff decision.

Other News
2026-07-29

Mitsubishi UFJ: A hawkish hold would support U.S. Treasury yields and the dollar. COMMERZBANK: Cuts year-end gold and silver targets to $4,500 and $67, citing persistent inflation that keeps the Fed restrictive. TD Securities: A unanimous decision wo

Mitsubishi UFJ: A hawkish hold would support U.S. Treasury yields and the dollar. COMMERZBANK: Cuts year-end gold and silver targets to $4,500 and $67, citing persistent inflation that keeps the Fed restrictive. TD Securities: A unanimous decision would be surprising and imply Waller has consolidated internal consensus, a scenario that could trigger a sharp dollar sell-off. Goldman Sachs: Even if the Fed keeps rates unchanged for the year, dollar weakness would be limited; EUR/USD faces structural downside. Saxo Bank: A Fed would hike likely the forward rate curve unless markets view it as a defensive move. Sumitomo Mitsui: The rate decision and Waller’s press remarks could push USD/JPY toward the 164 area. ING: If UST yields remain capped, gold may find support near current levels; any hawkish Fed surprise could curb near-term upside. DBS Group: Even minor changes in statement or press-conference wording could materially move short-end rates. HSBC: Unless the Fed unexpectedly hikes, this week's decision is unlikely to provide fresh upside for the dollar. SIA Wealth Management: Major policy adjustments are unlikely before September; gold is likely to trade rangebound through autumn and, in extreme scenarios, into early 2027.
2026-07-29

South Korea's KOSPI index fell more than 7% intraday, SK Hynix fell more than 10%, and Samsung Electronics fell more than 6%.

South Korea's KOSPI index fell more than 7% intraday, SK Hynix fell more than 10%, and Samsung Electronics fell more than 6%.
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