Copper futures slide 5% as wholesale inflation runs hot. 9/10/26

Bob Iaccino unpacks the latest price action in Copper futures, which tumbled more than 5% for their largest single-day decline since July 2025. The discussion highlights the macroeconomic pressures weighing on base metals, including elevated energy costs, geopolitical tensions, and rising global bond yields following the ECB's 25-bps rate hike. Iaccino also covers the August PPI report, noting that wholesale inflation came in slightly above estimates at an annual rate of 5.4%, leaving the Federal Reserve with a tough decision ahead of the upcoming FOMC meeting. Learn more about trading futures and options at CME Group: https://www.cmegroup.com/markets/metals.html #CopperFutures #PPI #Commodities