Copper, better known as Dr. Copper, is a crucial barometer for the global economic health. Since hitting its all-time high in May 2024, COMEX copper futures have since dropped by about 17%. Besides, the rallying fueled by the Chinese stimulus package in late September, the red metal is down by about 10%. Copper prices are set to benefit from the Chinese government’s stimulus measures in the long run. However, the fading of the support’s cheer, coupled with disappointing press briefings post the PBoC’s announcement has seen the red metal erase some of its September gains. Besides, a stronger US…