Copper Steady After Four-Day Gain as Market Hit by Data Drought

Copper prices have steadied after a four-day gain, reflecting investor caution as they seek clarity on US monetary policy. The recent six-week government shutdown has deprived the market of essential official data, creating a data drought that complicates decision-making for investors. This scenario underscores the interconnectedness of government operations and market performance, as the lack of data can lead to uncertainty and volatility in commodity prices. As investors navigate this landscape, their focus remains on forthcoming indicators that could influence monetary policy, emphasizing the critical role of timely information in financial markets.