Copper Price Forecast: Bull Case to Prevail on Robust Supply and Demand Drivers

Copper is on track to make a sixth consecutive monthly gain as prices inch towards its all-time high. The global backdrop remains supportive despite a short-term pause in the rally.

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AUD/USD Eyes February High After Australian Q4 GDP Beat

The AUD/USD pair climbed towards February peaks after Australian Q4 GDP data beat expectations. Growth declined 1.1% (YoY) while rising 3.1% (QoQ) versus -1.9% and 2.5% estimated respectively.

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USD/CAD May Move Lower on USD Weakness Despite Crude Oil Breakdown

US equities failed to extend gains from Monday as Treasury yields aesed. Elsewhere, the Canadian Dollar gained versus the Greenback despite falling crude oil prices.

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ASX 200, Nikkei 225 Edge Lower as Risk Sentiment Remains Mixed

The ASX 200 and Nikkei 225 have pulled back from their pandemic highs following late February’s bond market volatility.

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AUD/USD Eyes February High After Australian Q4 GDP Beat

The AUD/USD pair climbed towards February peaks after Australian Q4 GDP data beat expectations. Growth declined 1.1% (YoY) while rising 3.1% (QoQ) versus -1.9% and 2.5% estimated respectively.

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