BASE METAL WRAP: Copper rose to the highest level in almost a week after China’s official manufacturing data unexpectedly strengthened, suggesting demand from the world’s largest consumer is improving.
ENERGY WRAP: West Texas Intermediate oil advanced for a second day, extending the biggest monthly gain since August 2012, as manufacturing unexpectedly strengthened in China, the world’s second-largest crude consumer.
PRECIOUS METAL WRAP: Gold traded little changed after the Federal Reserve said it will maintain its $85 billion in monthly bond purchases while persistently low inflation could hamper the economic expansion.
GLOBAL EVENTS TO WATCH: Manufacturing PMI , Manufacturing PMI, Asset Purchase Facility, Official Bank Rate, MPC Rate Statement, Challenger Job Cuts y/y, Minimum Bid Rate, ECB Press Conference, Unemployment Claims, Final Manufacturing PMI, ISM Manufacturing PMI, Construction Spending m/m, ISM Manufacturing Prices, Natural Gas Storage, Total Vehicle Sales.
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