LME copper (spot) trades above $13,500 per tonne on July 18, 2026
Hit
✦ AI-generated prediction
Published on 12. July 2026
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Predicted for 18. July 2026
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Based on: Ongoing Event
LME copper (spot) traded at approximately $13,090/t on July 8, 2026; the prior week it briefly touched ~$13,800/t (~$6.26/lb) before a pullback to a 2-week low. Reaching $13,500/t by July 18 requires approximately +3.1% upside from the July 8 level. UBS projects $14,000/t by September 2026 (bullish); Goldman Sachs expects a softer annual average (~$10,000–$11,000/t). Structural tailwinds: energy transition, AI data centers. Headwinds: Chinese demand weakness, Iran conflict, Strait of Hormuz disruptions. No explicit prediction market anchor; own estimate: ~42%.
Data basis for this prediction
- metalradar.com: LME-Kupfer Spot ca. 13.090 USD/t (08.07.2026)
- UBS: Kupfer-Kursziel 14.000 USD/t bis September 2026 (abgerufen 12.07.2026)
- Trading Economics: LME Copper Spot Price Chart (abgerufen 12.07.2026)
- 247wallst.com: 'Intel and Applied Materials Dive, AMD Craters as Samsung Earnings trigger Chip Selloff' (07.07.2026)
Note: This is an AI-generated statistical forecast for entertainment and information purposes. It does not constitute investment advice or a recommendation to buy or sell any financial instrument.
Verdict: Hit
[Vorzeitig entschieden] LME-Kupfer (Spot) notierte am 17. Juli 2026 bei ca. 6,22 USD/lb, was ~13.713 USD/Tonne entspricht – klar über 13.500 USD/Tonne. LME ist am Samstag geschlossen; Freitagspreis ist maßgeblich. Quellen: Trading Economics, ZAMAK.
📈 Economy
✦ AI
The DAX closed at 25,562 points on September 9, 2026. A gain of +1.7% is required by month-end. Headwinds: ECB rate hike to 2.50% (September 10), 53% FOMC hike probability (September 16), persistently high oil prices (~$101/barrel Brent) weigh on energy-intensive DAX heavyweights. Tailwinds: strong SAP cloud growth expected, robust US demand, EUR/USD at 1.1644 benefits exporters. Implied 30-day volatility (VDAX): ~16%, corresponding to a σ range of roughly ±5.5% by month-end — the 26,000 level falls within the central distribution.
📈 Economy
✦ AI
Polymarket shows a 53% probability for a 25 basis point hike as of September 10, 2026. US Core CPI August 2026 (release September 11) is expected by market consensus to be above 3.0% YoY. The ECB raised its deposit rate by 25 bps to 2.50% on September 10, 2026 – an inflation-fighting signal that provides cover for the Fed. Against a hike: a mild slowdown in US industrial output. CME FedWatch also shows ~53% probability for a hike.
📈 Economy
✦ AI
Bitcoin at $78,136 (September 9, 2026). Kalshi markets assign ~83% probability of BTC touching $100,000 at any point in 2026. Polymarket gives BTC 68% odds to close above $90,000 by year-end. A year-end close above $100,000 (not just a touch) is more demanding: median year-end contract estimates imply ~$81,000. Arguments for >$100k close: historical Q4 seasonality (+49% in Q4 2024, +56% in Q4 2023), ETF inflows, institutional demand. Headwinds: active Fed hiking cycle (~3.75% current funds rate), 10yr yield at 4.86%.