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Benzinga
197 days

Copper Stocks On Shaky Ground, JPMorgan Analysts Say: Tariffs, DeepSeek Cloud Outlook

1. JP Morgan warns of tariffs and risks affecting copper stocks. 2. Copper sector needs trade de-escalation or China stimulus for upside. 3. Copper demand projected to grow despite AI disruption fears. 4. Instability in DRC could impact global copper supply significantly. 5. JP Morgan favors EMEA gold miners over copper investments currently.

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FAQ

Why Bearish?

Ongoing tariffs and geopolitical risks create significant downward pressure. Past instances show how tariffs have historically pummelled metal prices.

How important is it?

Tariffs and geopolitical instability drastically impact copper pricing, affecting CPER valuations heavily.

Why Short Term?

Immediate impacts from tariffs can affect CPER within months. Longer-term recovery hinges on market stabilization.

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