BASE METAL WRAP: Copper rose for a third day as the dollar fell against most major peers, and as China moved toward market-set lending rates. Zinc, lead, nickel and tin also gained.
ENERGY WRAP: West Texas Intermediate oil rose for a fourth day. Hedge funds increased bullish bets on the U.S. benchmark crude as stockpiles shrank, pushing it above Brent for the first time since 2010. Natural gas futures fell in New York for a second day as an outlook for moderating heat in the U.S. this week signaled reduced demand for the power-plant fuel.
PRECIOUS METAL WRAP: Gold jumped to a one-month high as reduced expectations that the U.S. Federal Reserve will soon taper monetary stimulus weakened the dollar, while investors speculated demand may improve after China changed lending rules.
GLOBAL EVENTS TO WATCH: Existing Home Sales.
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