AI demand collides with natural disaster

Deadly storms that have disrupted copper mines in Chile could amplify market strains, strategists say, as the U.S. and China battle for supply of the critical industrial metal, in turn pushing prices higher. Although the immediate outages appear limited, mining disruption in Chile — which accounts for more than a fifth of global copper production…

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How to trade extreme weather

Markets are underestimating the impact of climate volatility across asset classes, commodity strategists warn, as extreme heat grips Europe and meteorologists flag the risk of a powerful El Niño this year. The World Meteorological Organization expects a “strong El Niño event” in the tropical Pacific between July and September this year. El Niño is a…

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