BASE METAL WRAP:
Copper
climbed for the first time in three days before Chinese trade data and
after minutes from the Federal Reserve eased concern over the timeline
for higher U.S. interest rates.
ENERGY WRAP:
ENERGY WRAP:
West
Texas Intermediate crude traded near the highest price in a month as
rising fuel demand in the U.S. countered signs of a slowing Chinese
economy. Brent slid in London.
PRECIOUS METAL WRAP:
PRECIOUS METAL WRAP:
Gold
held near a two-week high after the release of U.S. Federal Reserve
minutes that played down forecasts by some of the bank’s own policy
makers that interest rates might rise faster than they previously
predicted.
GLOBAL EVENTS TO WATCH:
Employment
Change, Unemployment Rate, Trade Balance, Asset Purchase Facility,
Official Bank Rate, MPC Rate Statement, Unemployment Claims, Import
Prices m/m, G20 Meetings, G7 Meetings, Natural Gas Storage, 30-y Bond
Auction, Federal Budget Balance.
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