The latest Market Talks covering Commodities. Published exclusively on Dow Jones Newswires throughout the day.

0310 GMT - Copper prices are higher in early Asia trading as easing expectations for a near-term U.S. rate increase reduce some of the macro pressure on metals, Dongwu Futures analysts say in a note. Tight supply continues to provide fundamental support, the analysts say. On the supply side, the copper concentrate market remains tight, they add. Copper prices are likely to remain rangebound at elevated levels in the near term, they say. Tight supply supports prices while macro uncertainty limits the upside, they say. The three-month LME copper contract is up 0.3% at $14,485.00 a ton. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

0253 GMT - Palm oil rises in Asian trading, supported by overnight gains in soybean oil on the Chicago Board of Trade. The technical outlook for CPO futures appears bearish, with overall sentiment cautious to bearish, although oversold conditions could trigger short-covering rebounds, AmInvestment Bank says in a note. It sees resistance at 4,664 ringgit a ton and support at 4,595 ringgit a ton. The Bursa Malaysia Derivatives contract for December delivery is up 8 ringgit at 4,632 ringgit a ton. (yingxian.wong@wsj.com)

0209 GMT - The pace of trade negotiations and China's rare-earth exports to the U.S. are key near-term indicators of U.S.-China relations to watch, BofA Securities says in a note. The September Trump-Xi summit followed only one formal negotiating round, compared with five ahead of the October 2025 summit, the bank notes. "A faster cadence over the next three months would improve the prospects for a broader agreement by the Jan. 10 deadline [of trade truce]," it writes. Potential leader-level meetings at the APEC summit in Shenzhen in November and the G-20 summit in Miami Dec. 14-15 are scheduled opportunities for high-level engagement before the truce expires. The U.S. midterm elections in early November will also be on investors' radar. (tracy.qu@wsj.com)

0205 GMT - Iron ore rises in early Asian trade. Prices are likely to continue fluctuating before China's weeklong National Day holiday, which begins Thursday, Baocheng Futures analysts say in a note. The ferrous metal's prices could weaken as its fundamentals remain weak due to a supply-demand imbalance, they add. The most actively traded January iron ore contract on the Dalian Commodity Exchange is 0.2% higher at 703.0 yuan a ton.(amanda.lee@wsj.com)

0056 GMT - Gold is steady in early Asian trade. The sell-off seen on Monday is stabilizing as oil and U.S. treasury yields ease, and Fed hike expectations moderate, OCBC Group Research writes in a note. Near-term price direction for the precious metal remains sensitive to whether upcoming U.S. labour and inflation data validate or challenge the recent hawkish Fed repricing in the market, it adds. Spot gold is flat at $4,179.42 an ounce.(kimberley.kao@wsj.com)

0055 GMT - Chinese copper premiums are around a two-year high, supported by a sharp drop in inventories, Commonwealth Bank of Australia analyst Vivek Dhar says. "Both Shanghai bonded and SHFE [Shanghai Futures Exchange] on‑warrant metal stocks are now at two‑year lows," having fallen by 52% and 66%, respectively, over that period, says Dhar. Stocks have fallen as more metal is shipped to the U.S. amid talk of potential tariffs by the Trump administration. On Sept. 18, China's Yangshan bonded warrant premium reached $124/metric ton, a 72% rise on the start of the month, Dhar says. It has eased back to $119/ton as of Tuesday. "What is clear is that China's limited copper inventories and increased copper premium have not been caused by a significant improvement in Chinese demand," he says. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

2054 GMT - The decision to push ahead with phase two of the Canada LNG operation in Western Canada is a sign the country is again building big, Prime Minister Mark Carney says. He tells an audience that the more than C$30 billion investment to double LNG production will make LNG Canada the second-largest facility of its kind in the world. It also will create some 4,000 jobs at the peak of construction, he adds. will create over thousands of new jobs. And the Shell-led venture's final investment decision, TC Energy will move ahead with a multi-billion-dollar second phase of the Coastal GaslLink pipeline, which Carney says will create more than 2,000 jobs. Shell CEO Wael Sawan says the investment go-ahead reflects confidence in Canada as a place to invest and do business for the long-term. (robb.stewart@wsj.com; @RobbMStewart)By Joseph Wilkins and Kirk Maltais Bitcoin stayed afloat after rebounding from a one-week low reached on Monday as 30-year bond yields soared to their highest level since 2002.

The flagship cryptocurrency inched up 0.1% at $83,574 on Tuesday. It's a rebound from the low of $82,516 reached the previous day, according to LSEG data, but off from an intraday high of nearly $84,500.

Bitcoin continues to pull back from the near eight-month high of $87,315 reached last week. The source of much of the pressure came from yields that found a 24-year high Tuesday, in turn strengthening the U.S. dollar and making assets such as gold and cryptocurrencies less attractive for investors.

But easing the pressure was comments from the Federal Reserve casting some doubt on further rate hikes coming when the Fed meets in October. New York Fed President John Williams said Tuesday that the central bank could wait until December before raising interest rates again.

Even so, the trend of bitcoin is that the heralded return of the "bull market" is already in trouble, said analysts with CryptoQuant in a note. "The rally is running out of steam," said the firm, adding that profit-taking is being seen in the short term.

The firm said that the next support level for bitcoin is seen at $80,000, the 365-day market average. Avoiding that will require strong demand on the spot market pushing past the $87,000 mark.

"Any advance must be carried by spot demand," analysts with Bitfinex said.

The upcoming midterm elections in the U.S. may become another pressure point for bitcoin prices, with bitcoin shedding 37% in November 2018 and 16% in November 2022, said Vanessa Grellet, managing partner with Arche Capital.

But the macro situation in those two years is different than where it sits now, Grellet adds.

"The triggers were crypto-specific and the election simply coincided with the bear market's final flush," she said.