Dear All,
BASE METAL WRAP:
Copper rose for a second day ahead of Chinese trade data that may show sustained demand from the biggest metals user and as U.S. politician continued talks to avoid a debt default.
ENERGY WRAP:
West Texas Intermediate crude headed for a fourth weekly loss in five after President Barack Obama and House Republicans failed to agree on raising the U.S. debt ceiling and ending the partial government shutdown.
PRECIOUS METAL WRAP:
Gold traded below $1,300 an ounce, swinging between gains and losses, on optimism that U.S. lawmakers will reach agreement to avert a default.
GLOBAL EVENTS TO WATCH:
Employment Change, Unemployment Rate, Prelim UoM Consumer Sentiment, Prelim UoM Inflation Expectations, IMF Meetings, FOMC Member Powell Speaks, G20 Meetings.
BASE METAL WRAP:
Copper rose for a second day ahead of Chinese trade data that may show sustained demand from the biggest metals user and as U.S. politician continued talks to avoid a debt default.
ENERGY WRAP:
West Texas Intermediate crude headed for a fourth weekly loss in five after President Barack Obama and House Republicans failed to agree on raising the U.S. debt ceiling and ending the partial government shutdown.
PRECIOUS METAL WRAP:
Gold traded below $1,300 an ounce, swinging between gains and losses, on optimism that U.S. lawmakers will reach agreement to avert a default.
GLOBAL EVENTS TO WATCH:
Employment Change, Unemployment Rate, Prelim UoM Consumer Sentiment, Prelim UoM Inflation Expectations, IMF Meetings, FOMC Member Powell Speaks, G20 Meetings.
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