Monday, 2 December 2013


BASE METAL WRAP: Copper extended last month's losses on Monday as upbeat U.S. economic data spurred renewed fears about the Federal Reserve trimming monetary stimulus and the dollar strengthened.commodity tips
ENERGY WRAP: West Texas Intermediate rose for a third day before a report tomorrow that’s forecast to show crude stockpiles dropped for the first time in almost three months in the U.S., the world’s biggest oil consumer. commodity tips
PRECIOUS METAL WRAP: Gold prices tumbled 2.6 percent on Monday to their lowest since early July, as better-than-expected U.S. manufacturing data prompted funds and speculators to increase bearish bets on bullion.commodity tips
GLOBAL EVENTS TO WATCH: RBA Rate Statement, Spanish Unemployment Change, Construction PMI, IBD/TIPP Economic Optimism, Total Vehicle Sales.

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