Financial Market News

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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Latest Economic News

The copper market is in shock: how Trump's tariffs have upended global trade

July, 31 2025

The global copper market has experienced the strongest shock in a year, marked by sharp price fluctuations and disruptions in supply chains. Donald Trump imposed 50% duties on copper imports to the United States, exempting only refined metal – a key element of international trade. This decision triggered a record drop in prices on Comex, where futures collapsed by more than 22%, while the decline on the LME turned out to be much more modest. As a result, Comex contracts began trading at a d... Read More

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