Dear All,
BASE METAL WRAP:
Copper was poised for the biggest weekly gain in a year after the Federal
Reserve unexpectedly maintained monetary stimulus in the U.S., the second
-biggest consumer of the metal.
ENERGY WRAP:
West Texas Intermediate headed for a second weekly loss as Libya’s oil output
increased and the threat of military strikes against Syria receded, damping
concern that Middle East supplies may be disrupted.
PRECIOUS METAL WRAP:
Gold snapped a two-day advance, trimming the first weekly increase in a month,
as U.S. economic data backed the case for reduced stimulus after the Federal
Reserve this week maintained the pace of monthly bond purchases. Silver,
platinum and palladium declined.
GLOBAL EVENTS TO WATCH:
BOJ Gov Kuroda Speaks, Core CPI m/m, FOMC Member George Speaks,
FOMC Member Tarullo Speaks, FOMC Member Bullard Speaks.
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