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
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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
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GLOBAL EVENTS TO WATCH: RBA Rate Statement, Spanish Unemployment Change, Construction PMI, IBD/TIPP Economic Optimism, Total Vehicle Sales.
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