NASDAQ:COPJ - Nasdaq - US85208P5017 - ETF - Currency: USD
Multinational miner BHP's bid for Anglo American may not be enough as other miners are likely to make rival bids for copper assets. Global demand for copper is expected to increase for clean energy.
Copper prices rise on supply shortages and optimism about the broader economy, making it a leading economic indicator. Chinese economy and interest rates also play a role.