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Copper's Outlook Pressured by Trump Policies, BMI Says

Copper was stronger, but its outlook is clouded by expectations of a stronger dollar, looming tariffs and a potential deceleration in the energy transition under Trump, BMI said, adding that the balance of risks to its relatively bullish outlook was tilted to the downside.

Outlook for Dollar Seen as Crucial for Treasurys

Gilt yields fell as investors awaited a statement by the U.K. Treasury Chief, and XTB said investors hope for reassurance on the government’s commitment to responsible public spending, and are cautious ahead of inflation data due Wednesday.
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