
Morning Briefing: Citi is bullish on copper
The Federal Reserve is meeting for its two-day Federal Open Market Committee (FOMC) meeting. Base case is rates stay the same, but markets see an outside chance for rate hike this week to counter inflation worries.
Yesterday, Citi maintained its bullish copper price targets through the end of the year, citing tighter physical markets, according to a report by Reuters.
The Morning Briefing also covered news from Banyan Gold, Intrepid Metals, Westhaven Gold, Uranium Royalty and Cambria Gold Mines.
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