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Galaxy Securities expects El Niño conditions in the equatorial central‑eastern Pacific by May 2026, peaking in Nov-Dec and waning through spring–summer 2027. Projected climate patterns include heavier rainfall on South America’s west coast, drier con

2026-09-15

Galaxy Securities expects El Niño conditions in the equatorial central‑eastern Pacific by May 2026, peaking in Nov-Dec and waning through spring–summer 2027. Projected climate patterns include heavier rainfall on South America’s west coast, drier conditions in Southeast Asia and drought in southern Africa. So far there have been no large-scale weather-induced mine shutdowns. The firm says El Niño is likely to produce localized, short-duration disruptions for non-ferrous metals and will tend to amplify existing supply‑demand tensions rather than serve as a decisive market driver.

Other News
2026-09-14

Copper futures on the New York Mercantile Exchange fell 3% to $6.29 a pound, the lowest level since July 29.

Copper futures on the New York Mercantile Exchange fell 3% to $6.29 a pound, the lowest level since July 29.
2026-09-14

The US dollar index (DXY) extended its gains to 0.49% to 99.57; the euro fell 0.5% against the dollar (EUR/USD) to 1.1536; the pound fell 0.34% against the dollar (GBP/USD) to 1.3480%; and the dollar rose 0.68% against the yen (USD/JPY) to 154.517.

The US dollar index (DXY) extended its gains to 0.49% to 99.57; the euro fell 0.5% against the dollar (EUR/USD) to 1.1536; the pound fell 0.34% against the dollar (GBP/USD) to 1.3480%; and the dollar rose 0.68% against the yen (USD/JPY) to 154.517.
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