The post Copper: Tariff risk fuels rally – Commerzbank appeared on BitcoinEthereumNews.com.
Commerzbank’s Commodity Analyst Barbara Lambrecht highlights that Copper has surged to record levels on the London Metal Exchange, supported by structural demand from the energy transition and data centers. At the same time, the US is considering extending tariffs to refined Copper from 2027, encouraging pre-emptive stockpiling and tightening supply outside the US. Chinese production data due next week will be closely watched. Record prices and looming US tariffs “In the base metals markets, sentiment remains positive despite another significant rise in energy prices: The London Metal Exchange index even hit a new record high this week. A ton of copper cost more than USD 14,000.” “In addition to concerns about a shortage of copper ore, fears of an expansion of US tariffs on metal imports are likely also playing a role in the current copper price rally. The US Department of Commerce is expected t
The redirection of ships underscores heightened geopolitical risks, potentially destabilizing global oil markets and intensifying regional tensions.
The post US redirects 75 ships in Strait of Hormuz amid escalating tensions with Iran appeared first on Crypto Briefing.
Iran's refusal to transfer uranium heightens geopolitical tensions, complicating diplomatic resolutions and impacting global nuclear stability.
The post Iran rejects enriched uranium transfer, citing distrust of US appeared first on Crypto Briefing.
The airstrikes risk derailing peace efforts, highlighting the fragility of diplomatic solutions amid ongoing regional tensions.
The post Israel strikes Lebanon amid US peace talks, ceasefire extension in doubt appeared first on Crypto Briefing.
The post Gold: Higher yields weigh on price – Commerzbank appeared on BitcoinEthereumNews.com.
Commerzbank’s Carsten Fritsch notes that the Gold price has retreated sharply as markets price in renewed US rate hikes after strong producer price data. Rising US Treasury yields are increasing the opportunity cost of holding Gold, while India’s steep import tax hike is set to curb physical demand. The new Fed Chair may struggle to justify rate cuts. Rate expectations and Indian tax shock “The price of gold has fallen by up to 2% today to USD 4,560 per troy ounce. Before the price drop began yesterday, it was still trading at around USD 4,700. Headwinds are coming from interest rate expectations.” “Following the significantly higher-than-expected US producer price data for April, the market now anticipates interest rate hikes by the US Federal Reserve. A 15-basis-point rise in US key interest rates is priced in by the end of the year, and a full 25-basis-point rate hike by March 2027. As a r
The post 1 Billion Users: Coinbase CEO Armstrong Makes Known Ultimate Goal for Major US Crypto Exchange appeared on BitcoinEthereumNews.com.
15 May 2026 marks the 14th anniversary of leading U.S. cryptocurrency exchange Coinbase. To celebrate the milestone, CEO Brian Armstrong officially declared the platform’s main historical mission: bringing 1 billion users into the open financial system. The CEO visually demonstrated the project’s evolution by publishing a screenshot of the original Coinbase interface from 2012. What started as a simple Bitcoin wallet has, over the course of 14 years, transformed into a universal financial super app. Today, the platform offers millions of different assets, including not only cryptocurrencies, but also equities and commodities, serving retail clients, developers, and the world’s largest institutional players. Bitcoin (BTC) Says Goodbye to $80,000, Dogecoin (DOGE) Spikes 50% Hinting at New Rally, Toncoin (TON) Risks Losing $2: Crypto Market Review X
Increased tensions may hinder short-term stability in the Strait of Hormuz, impacting global markets and geopolitical dynamics.
The post US rejects Iran’s 14-point proposal amid Strait of Hormuz tensions appeared first on Crypto Briefing.
AI security talks between Trump and Xi highlight the urgent need for international cooperation to manage technological risks and economic tensions.
The post Trump discusses AI security with Xi Jinping during first US state visit to China since 2017 appeared first on Crypto Briefing.
The post Hungarian Forint: Swap move flags MNB easing risk – Commerzbank appeared on BitcoinEthereumNews.com.
Commerzbank’s Tatha Ghose notes that the National Bank of Hungary (MNB) cut the implied rate on EUR liquidity swaps, effectively a 50 bp easing signal that widens the gap to the base rate. While the Monetary Policy Committee (MPC) kept the policy rate unchanged and maintains a wait‑and‑see stance, the June Inflation Report could open the door to cuts. The bank does not expect this to hurt the Forint given strong real rates and supportive politics. NBH swap cut prefaces possible rate easing “The National Bank of Hungary (MNB) reduced the implied interest rate on its EUR-liquidity swaps with domestic banks on Wednesday, a move widely seen as a precursor to monetary easing.” “This translates to roughly 50bp rate cut, widening the gap of the swap rate versus the main policy rate to 1pp.” “While not a formal change to the base rate, this can be interpreted as an implicit acknowledge