TODAY COMMODITY MARKET STRATEGY

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


BASE METAL WRAP:

The biggest rally in copper in three months is
reversing as analysts predict that the largest
glut in 13 years will overwhelm consumption
from an accelerating Chinese economy, which
uses two in every five tons.

ENERGY WRAP:

Brent crude swung between gains and losses after
rising for the first time in three days yesterday
as U.S. lawmakers urged backing for military
action against Syria, fanning concern that
possible strikes may disrupt Middle East oil e
xports.

PRECIOUS METAL WRAP:

Gold traded little changed after dropping for
three days to a one-week low as investors assessed
prospects for reduced stimulus in the U.S. as the
world’s largest economy recovers.

GLOBAL EVENTS TO WATCH:

Retail Sales m/m, Cash Rate, RBA Rate Statement,
Construction PMI, Final Manufacturing PMI, ISM
Manufacturing PMI, Construction Spending m/m,
IBD/TIPP Economic Optimism, ISM Manufacturing Prices.
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EQUITY TIPS
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