BASE METAL WRAP: Industrial metals declined as concerns remained that economic growth in China, the biggest user, is slowing.
ENERGY WRAP: West Texas Intermediate traded near the highest level in more than a week on speculation U.S. crude stockpiles shrank for the first time in a month, signaling increased demand in the world’s largest oil consumer.
PRECIOUS METAL WRAP: Gold extended a rebound from a 34-month low, gaining for a third day, on speculation that lower prices will raise demand even as holdings in the largest bullion-backed exchange-traded product resumed a decline.
GLOBAL EVENTS TO WATCH: Cash Rate, RBA Rate Statement, Construction PMI, Factory Orders m/m, IBD/TIPP Economic Optimism, Total Vehicle Sales, FOMC Member Dudley Speaks.
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ENERGY WRAP: West Texas Intermediate traded near the highest level in more than a week on speculation U.S. crude stockpiles shrank for the first time in a month, signaling increased demand in the world’s largest oil consumer.
PRECIOUS METAL WRAP: Gold extended a rebound from a 34-month low, gaining for a third day, on speculation that lower prices will raise demand even as holdings in the largest bullion-backed exchange-traded product resumed a decline.
GLOBAL EVENTS TO WATCH: Cash Rate, RBA Rate Statement, Construction PMI, Factory Orders m/m, IBD/TIPP Economic Optimism, Total Vehicle Sales, FOMC Member Dudley Speaks.
stock tips
commodity tips
equity tips
Get free trial
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