Peter McGuire discusses the volatility in the commodity market due to Trump’s potential tariffs on copper imports aimed at boosting US production. Despite the uncertainty affecting market stability, the demand-supply dynamics and potential disruptions in copper will influence prices. McGuire also observes the interplay between the US dollar index, treasury yields, and inflation, highlighting the complexities in market forecasts.
Accenture beats third-quarter revenue estimates
Accenture beat Wall Street estimates for third-quarter revenue on Friday, driven by growing demand for the consulting giant’s AI-driven services from enterprise customers.