Tuesday 13 August 2013

Stock Market Trend – 13 August 2013

BASE METAL WRAP: Copper Slipped while aluminium extended gains on Monday as signs of a pickup in top metals consumer China and expectations of encouraging euro zone data came up against a rise in the dollar.
ENERGY WRAP: West Texas Intermediate crude traded near the highest price in five days amid speculation that U.S. stockpiles fell for the sixth time in seven weeks as summer driving buoyed demand.
PRECIOUS METAL WRAP: Gold snapped a four-day advance as a rally to the highest level in almost three weeks damped demand and prompted some investors to sell. Silver declined.
GLOBAL EVENTS TO WATCH: CPI y/y, German ZEW Economic Sentiment, NFIB Small Business Index, Core Retail Sales m/m, Retail Sales m/m, Import Prices m/m, Business Inventories m/m.
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