A look at the day ahead in European and global markets from Gregor Stuart Hunter

After a banner year for precious metals, industrial metals are in focus today as the ‍prospect of more stimulus from China pushes Shanghai copper futures to a record high.

As the U.S. dollar falls to a two-month low after this week’s Fed rate cut and policy stance pushed back against the market’s hawkish outlook, investors are turning to real assets to protect their purchasing power.

So-called dollar ‌debasement trades had already lifted silver, which edged ‌down 0.3% on Friday after hitting a fresh record of $64.31 the day earlier, while gold drew back from a seven-week high.

Stock markets in Asia posted gains even though AI bubble jitters undermined tech shares. Strength on Wall Street helped lift the MS

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