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Earthquake of magnitude 6.6 hits near the cost of central Chile, GFZ reports

Newsquawk Staff ·

Earthquake of magnitude 6.6 hits near the cost of central Chile, GFZ reports.

What it means

The magnitude 6.6 earthquake off the coast of central Chile may lead to regional instability and concerns about potential aftereffects. While this event is primarily a natural disaster, it could have implications for commodities like copper and lithium, given Chile's significance in global supply chains. Traders should monitor asset movements as risk sentiment might be affected, particularly in energy and local equities.

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