0742 GMT - Copper prices fall in early European trading, pressured by inflation concerns and weaker Chinese data. "The pullback comes after a strong run, with prices slipping from the recent highs hit just last week amid intensifying macro headwinds," analysts at ING say. U.S.-Iran tensions and higher oil prices have increased fears of persistent inflation and stricter monetary policy, which could hurt global growth and industrial demand. Meanwhile in China, softer activity in investment, retail and industrial output added to concerns about the demand outlook. Three-month copper futures on the LME are down 0.3% to $13,544.50 a metric ton. Despite the retreat, prices are up more than 8% year-to-date, supported by tech-related demand and supply constraints. (giulia.petroni@wsj.com)
(END) Dow Jones Newswires
May 19, 2026 03:44 ET (07:44 GMT)
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