🔴 Copper Miners ETF (4COPD.XD) is trading 3.25% down as hotter-than-expected U.S. inflation revived rate concerns

4COPD.XD is trading at €55.41 (-3.25%) as hotter-than-expected September U.S. CPI renewed higher-for-longer rate concerns.

• Copper fell about 1%, while the broader COPX miners fund declined 4.24% on October 14.
• BHP’s Escondida mine averted a strike, easing immediate supply concerns.
• Broader market risk-off added to the sector-led pressure.