BASE METAL WRAP: Copper futures in Shanghai advanced to near an eight-week high as tight supply pushed prices higher in the world’s biggest user of the metal.
ENERGY WRAP: Brent traded near a three-day high as concern that the crisis in Ukraine may disrupt Europe’s energy supplies countered increased signs of a slowing economy in China. West Texas Intermediate was steady in New York.
PRECIOUS METAL WRAP: Gold jumped to the highest level in almost three weeks, extending its biggest advance in a month, as escalating tension in Ukraine boosted haven demand.
GLOBAL EVENTS TO WATCH: Final Services PMI, ISM Non-Manufacturing PMI, Loan Officer Survey, Trade Balance.
ENERGY WRAP: Brent traded near a three-day high as concern that the crisis in Ukraine may disrupt Europe’s energy supplies countered increased signs of a slowing economy in China. West Texas Intermediate was steady in New York.
PRECIOUS METAL WRAP: Gold jumped to the highest level in almost three weeks, extending its biggest advance in a month, as escalating tension in Ukraine boosted haven demand.
GLOBAL EVENTS TO WATCH: Final Services PMI, ISM Non-Manufacturing PMI, Loan Officer Survey, Trade Balance.
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