Dear All,
BASE METAL WRAP:
BASE METAL WRAP:
The
worldwide glut of copper supply is poised to almost triple in 2014,
driving prices to the lowest in at least three years at a time when the
International Monetary Fund says economic growth will be weaker than
forecast.
ENERGY WRAP:
ENERGY WRAP:
West
Texas Intermediate fell for a second day as U.S. lawmakers continued to
negotiate an accord to raise the government’s debt limit amid concern a
potential default may slow global economic growth and sap fuel demand.
PRECIOUS METAL WRAP:
PRECIOUS METAL WRAP:
Gold
swung between gains and losses above a three-month low as U.S. Senate
leaders struggled to draft an accord to increase the debt limit and
avert a default before a deadline this week.
GLOBAL EVENTS TO WATCH:
GLOBAL EVENTS TO WATCH:
CPI y/y. Bank Holiday.
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