BASE METAL WRAP: Copper ended little changed on Tuesday as robust U.S. and Chinese economic data offset the effects of a firmer dollar. The U.S. manufacturing sector grew last month at its fastest in more than two years, according to data from the Institute for Supply Management, an indicator that demand for metals could rise in the world’s largest economy.
ENERGY WRAP: West Texas Intermediate fluctuated as President Barack Obama won support from two opposition lawmakers for a military strike on Syria, bolstering concern Middle East oil supply may be disrupted if the conflict widens. Natural gas futures climbed to a five-week high in New York on concern that storms would disrupt supplies amid hot weather that may stoke demand for the power-plant fuel.
PRECIOUS METAL WRAP: Gold traded little changed above $1,400 an ounce after rising the most in a week, as investors weighed the prospects for reduced stimulus in the U.S. against the threat of a military attack against Syria.
GLOBAL EVENTS TO WATCH: GDP q/q, Services PMI, Trade Balance, Trade Balance, BOC Rate Statement, Overnight Rate,m IBD/TIPP Economic Optimism, Total Vehicle Sales, Beige Book.
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