铜价从15个月高点回落 市场静候美联储降息决策

Core Viewpoint - Copper prices are trading below their highest closing levels since May 2024, as traders prepare for the Federal Reserve's first interest rate cut since Trump's return to the White House [1] Group 1: Market Performance - Industrial metals started the week strong, with London copper rising over 1%, marking a year-to-date increase of over 15% [1] - As of now, London Metal Exchange copper prices have decreased by approximately 0.4% to $10,150 per ton [1] - Aluminum prices have slightly retreated from a six-month high, while zinc prices have dipped from their year-to-date peak [1] Group 2: Federal Reserve Expectations - Investors widely anticipate a 25 basis point rate cut from the Federal Reserve this week [1] - The market is particularly focused on the central bank's guidance regarding future easing measures [1] Group 3: Impact on Commodities - Rate cuts typically boost demand and weaken the dollar, which in turn supports commodity prices by lowering the purchasing cost for holders of other currencies [1]