Key facts
- Copper and other base metals prices have fallen.
- Caution has spread through risk assets.
- Key US employment data is anticipated.
- The data could shape Federal Reserve policy expectations.
Copper prices slumped, and other base metals followed, as a wave of caution swept through risk assets. This sentiment is driven by anticipation of crucial US employment data. The upcoming jobs report is expected to significantly influence market expectations regarding future Federal Reserve monetary policy decisions.