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Monday 19 August 2013

TODAY COMMODITY MARKET STRATEGY


                 (...................(Dear All)......................)

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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