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BASE METAL WRAP:
Copper futures in New York rose for the second
time in three days after manufacturing unexpectedly
expanded in China, the world’s largest consumer
of the metal.
ENERGY WRAP:
West Texas Intermediate crude was little changed
in New York after climbing the most in almost
two weeks as signs of an improving U.S. jobs
market bolstered the economic outlook in the
world’s biggest oil user.
PRECIOUS METAL WRAP:
Gold traders are the most bearish in nine weeks
after Federal Reserve policy makers backed plans
to taper stimulus if the economy strengthens,
eclipsing a surge in demand for physical metal
that drove prices to a two-month high.
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