BASE METAL WRAP: Copper swung between gains and losses as investors weighed declining stockpiles against speculation the Federal Reserve will soon be able to taper stimulus. Zinc fell for the first time in five days while lead rose for a fifth session.
ENERGY WRAP: West Texas Intermediate swung between gains and losses before government data that may show crude and fuel stockpiles shrank in the U.S., the world’s biggest oil consumer.
PRECIOUS METAL WRAP: Gold fell as investors weighed when the U.S. Federal Reserve will slow the pace of bond purchases and as holdings in the biggest bullion-backed exchange-traded product extended their decline.
GLOBAL EVENTS TO WATCH: Trade Balance, Cash Rate, RBA Rate Statement, Manufacturing Production m/m, Trade Balance, Trade Balance, JOLTS Job Openings, IBD/TIPP Economic Optimism, FOMC Member Evans Speaks.
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