美联储官员鹰派表态推升美元 铜价延续跌势

Group 1 - The price of copper has declined from its record high due to uncertainties surrounding the Federal Reserve's interest rate cuts in December, with LME three-month copper contracts falling by 1.62% to $10,669.00 per ton [1] - Copper is considered a "barometer" of the global economy, widely used in construction, electricity, and manufacturing. It reached a record high of $11,200 per ton last week, driven by optimistic expectations from US-China trade talks [3] - Supply uncertainties have been a significant driver for recent copper price increases, with major mining companies like Glencore and Anglo American warning of production shortfalls, and Freeport-McMoRan reducing its 2026 production guidance by 35%, equating to a loss of approximately 270,000 tons of copper [3] Group 2 - Analysts suggest that the recent rise in copper prices is largely priced in, as market sentiment shifts back to the Federal Reserve's policy outlook, with a stronger dollar making dollar-denominated commodities less attractive [4] - The Federal Reserve's recent statements indicate a cautious approach to interest rate cuts, with several officials expressing skepticism about the need for further reductions, which has contributed to the uncertainty in the market [6][7] - Current market expectations place the probability of a Federal Reserve rate cut in December at approximately 67%, but economic data gaps and inflation trends are creating a more uncertain policy outlook [8]