Copper rose in the Asian session as markets digested US midterm results. Ole Hansen, head of commodities strategy at Saxo Bank, said investors are balancing copper's supportive long-term fundamentals against election-driven cross-currents. He warned political and regulatory scrutiny of AI and data-center investment could intensify and weigh on future demand. Hansen said the long-term outlook remains constructive but the vote may trigger an extended consolidation as traders reassess tariff risk,

Copper rose in the Asian session as markets digested US midterm results. Ole Hansen, head of commodities strategy at Saxo Bank, said investors are balancing copper's supportive long-term fundamentals against election-driven cross-currents. He warned political and regulatory scrutiny of AI and data-center investment could intensify and weigh on future demand. Hansen said the long-term outlook remains constructive but the vote may trigger an extended consolidation as traders reassess tariff risk, inventory flows and US demand prospects.