COMMODITY MARKET STRATEGY OF TODAY

Dear All, 

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.

STOCK TIPS
COMMODITY TIPS
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