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As the US dollar neared a one-year high, funds cut their net long positions in copper by nearly 17,000 contracts. Normally, copper prices should have fallen, but instead, they rose. Who was buying copper on the other side? The answer lies in a place

2026-10-13

As the US dollar neared a one-year high, funds cut their net long positions in copper by nearly 17,000 contracts. Normally, copper prices should have fallen, but instead, they rose. Who was buying copper on the other side? The answer lies in a place few see! Click to view >>

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2026-10-13

Malaysian Trade Minister: Malaysia and the EU plan to sign a free trade agreement by the end of June 2027.

Malaysian Trade Minister: Malaysia and the EU plan to sign a free trade agreement by the end of June 2027.
2026-10-13

BoE MPC member Green said at an IMF meeting that UK growth running ahead of expectations and a resilient labor market indicate the Bank has not tightened policy enough and interest rates should be higher than current levels. She warned the BoE should

BoE MPC member Green said at an IMF meeting that UK growth running ahead of expectations and a resilient labor market indicate the Bank has not tightened policy enough and interest rates should be higher than current levels. She warned the BoE should not rely on financial markets to deliver tighter conditions. The IMF has raised its forecast for UK growth this year from 1.0% to 1.3%. "Our GDP data show monetary policy is not sufficiently tight and there is not much spare capacity in the economy," she said, adding recent labor-market data suggest the depth of weakness may have peaked while employment remains loose. Green, one of the MPC's more hawkish members, has supported a 25bp rise to 4% in recent months to guard against a wage–price spiral.
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