According to CoinMeta, due to concerns about inflation dampening market sentiment, copper prices fell during the Asian trading session. The three-month copper contract on the London Metal Exchange (LME) dropped by 0.2% to $14,442 per ton. Analysts stated that fears of rising inflation and tightening monetary policies are weighing on market sentiment. Market expectations that the Federal Reserve will maintain interest rates unchanged this week have strengthened, while rising oil prices have pushed the implied probability of a Fed interest rate hike in December above 90%, putting further pressure on copper prices. At the same time, the possibility of the United States imposing additional tariffs on refined copper could provide some support for copper prices.