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Monday 23 September 2013

TODAY COMMODITY MARKET STRATEGY

Dear All,

BASE METAL WRAP:

Copper led declines in industrial metals, falling by most in more than a week as
lower imports by China suggested demand by the largest consumer may be weaker
than estimated.

ENERGY WRAP:

West Texas Intermediate crude fluctuated as signs Chinese manufacturing expanded
the most since March countered easing concern that conflict in Syria will spread
and disrupt oil supplies.

PRECIOUS METAL WRAP:

Hedge funds cut bullish gold bets for a second week, reducing long contracts to the
lowest since June, before prices rose the most in a month as the Federal Reserve
unexpectedly decided not to taper stimulus.

GLOBAL EVENTS TO WATCH:

HSBC Flash Manufacturing PMI, French Flash Manufacturing PMI, German Flash
Manufacturing PMI, ECB President Draghi Speaks, Flash Manufacturing PMI, FOMC Member
Dudley Speaks, SNB Chairman Jordan Speaks.
 visit on given Tips...



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