Copper: Sustained Rally Depends on China, Trump

Copper: Sustained Rally Depends on China, Trump

By Erik Norland, Senior Economist, CME Group

Highlights: 

  • Sustained rally in copper hinges on China, Trump
  • Market awaits U.S. infrastructure spending, tax reform
  • Any slowdown in China’s growth could weigh on copper
  • Global copper output likely to keep growing in 2017