BASE METAL WRAP:
Copper rose to the highest level in almost a week
after China’s official manufacturing data unexpectedly strengthened,
suggesting demand from the world’s largest consumer is improving.
West Texas Intermediate oil advanced for a second day, extending the
biggest monthly gain since August 2012, as manufacturing unexpectedly
strengthened in China, the world’s second-largest crude consumer.
PRECIOUS METAL WRAP:
Gold traded little changed after the Federal Reserve said it will
maintain its $85 billion in monthly bond purchases while persistently
low inflation could hamper the economic expansion.
GLOBAL EVENTS TO WATCH:
Manufacturing PMI , Manufacturing PMI, Asset Purchase Facility, Official
Bank Rate, MPC Rate Statement, Challenger Job Cuts y/y, Minimum Bid Rate,
ECB Press Conference, Unemployment Claims, Final Manufacturing PMI,
ISM Manufacturing PMI, Construction Spending m/m, ISM Manufacturing Prices,
Natural Gas Storage, Total Vehicle Sales.