Sunday 18 August 2013

Stock Market Trend – 19 August 2013

BASE METAL WRAP: Copper hit a 10-week high heading for a third week of gains, on expectations that a global economic recovery would increase demand for industrial metals.
ENERGY WRAP: West Texas Intermediate oil swung between gains and losses after rising to the highest price in two weeks. New York crude’s discount to London-traded Brent futures widened.
PRECIOUS METAL WRAP: Gold rose to a two-month high after holdings in the largest exchange-traded product posted the first weekly expansion this year. Silver headed for the longest rally since March 2008.
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