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Citi: Stay Long Copper, Drawdowns Are Limited
Overseas major asset weekly report | Expected interest rate cut in September reignites US stock market, French stock market experiences largest decline in over two years, crude oil leads the commodity.
As inflation cools down, the US stock market continues to hit record highs, while French President Emmanuel Macron's "magic operation" triggers a dual kill of French stocks and bonds, and the price of gold has risen for the first time in four weeks. The US chip sector continues to lead the way.
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