The post Copper: Tariff risk fuels rally – Commerzbank appeared on BitcoinEthereumNews.com.
Commerzbank’s Commodity Analyst Barbara Lambrecht highlights that Copper has surged to record levels on the London Metal Exchange, supported by structural demand from the energy transition and data centers. At the same time, the US is considering extending tariffs to refined Copper from 2027, encouraging pre-emptive stockpiling and tightening supply outside the US. Chinese production data due next week will be closely watched. Record prices and looming US tariffs “In the base metals markets, sentiment remains positive despite another significant rise in energy prices: The London Metal Exchange index even hit a new record high this week. A ton of copper cost more than USD 14,000.” “In addition to concerns about a shortage of copper ore, fears of an expansion of US tariffs on metal imports are likely also playing a role in the current copper price rally. The US Department of Commerce is expected t
Polymarket’s push to lift its CFTC ban is not just a venue story; it’s a fight over whether “reality markets” on war, pandemics and macro become a regulated US asset class or stay an offshore grey zone. Polymarket is in…
The surge in copper prices highlights the critical role of infrastructure and technology demands, potentially reshaping global economic dynamics.
The post Copper prices surge to record $6.5 per pound amid tight supply and AI-fueled demand appeared first on Crypto Briefing.
The redirection of ships underscores heightened geopolitical risks, potentially destabilizing global oil markets and intensifying regional tensions.
The post US redirects 75 ships in Strait of Hormuz amid escalating tensions with Iran appeared first on Crypto Briefing.
Iran's refusal to transfer uranium heightens geopolitical tensions, complicating diplomatic resolutions and impacting global nuclear stability.
The post Iran rejects enriched uranium transfer, citing distrust of US appeared first on Crypto Briefing.
The airstrikes risk derailing peace efforts, highlighting the fragility of diplomatic solutions amid ongoing regional tensions.
The post Israel strikes Lebanon amid US peace talks, ceasefire extension in doubt appeared first on Crypto Briefing.
The post Gold: Higher yields weigh on price – Commerzbank appeared on BitcoinEthereumNews.com.
Commerzbank’s Carsten Fritsch notes that the Gold price has retreated sharply as markets price in renewed US rate hikes after strong producer price data. Rising US Treasury yields are increasing the opportunity cost of holding Gold, while India’s steep import tax hike is set to curb physical demand. The new Fed Chair may struggle to justify rate cuts. Rate expectations and Indian tax shock “The price of gold has fallen by up to 2% today to USD 4,560 per troy ounce. Before the price drop began yesterday, it was still trading at around USD 4,700. Headwinds are coming from interest rate expectations.” “Following the significantly higher-than-expected US producer price data for April, the market now anticipates interest rate hikes by the US Federal Reserve. A 15-basis-point rise in US key interest rates is priced in by the end of the year, and a full 25-basis-point rate hike by March 2027. As a r
The post 1 Billion Users: Coinbase CEO Armstrong Makes Known Ultimate Goal for Major US Crypto Exchange appeared on BitcoinEthereumNews.com.
15 May 2026 marks the 14th anniversary of leading U.S. cryptocurrency exchange Coinbase. To celebrate the milestone, CEO Brian Armstrong officially declared the platform’s main historical mission: bringing 1 billion users into the open financial system. The CEO visually demonstrated the project’s evolution by publishing a screenshot of the original Coinbase interface from 2012. What started as a simple Bitcoin wallet has, over the course of 14 years, transformed into a universal financial super app. Today, the platform offers millions of different assets, including not only cryptocurrencies, but also equities and commodities, serving retail clients, developers, and the world’s largest institutional players. Bitcoin (BTC) Says Goodbye to $80,000, Dogecoin (DOGE) Spikes 50% Hinting at New Rally, Toncoin (TON) Risks Losing $2: Crypto Market Review X
Increased tensions may hinder short-term stability in the Strait of Hormuz, impacting global markets and geopolitical dynamics.
The post US rejects Iran’s 14-point proposal amid Strait of Hormuz tensions appeared first on Crypto Briefing.