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Wednesday 4 September 2013

TODAY COMMODITY MARKET STRATEGY

                                   (Dear All)

BASE METAL WRAP:

Copper ended little changed on Tuesday as robust U.S.
and Chinese economic data offset the effects of a
firmer dollar. The U.S. manufacturing sector grew last
month at its fastest in more than two years, according
to data from the Institute for Supply Management, an
indicator that demand for metals could rise in the world's
largest economy.

ENERGY WRAP:

West Texas Intermediate fluctuated as President Barack
Obama won support from two opposition lawmakers for a
military strike on Syria, bolstering concern Middle
East oil supply may be disrupted if the conflict widens.
Natural gas futures climbed to a five-week high in New
York on concern that storms would disrupt supplies amid
hot weather that may stoke demand for the power-plant fuel.

PRECIOUS METAL WRAP:

Gold traded little changed above $1,400 an ounce after
rising the most in a week, as investors weighed the prospects
for reduced stimulus in the U.S. against the threat of a
military attack against Syria.

GLOBAL EVENTS TO WATCH:

GDP q/q, Services PMI, Trade Balance, Trade Balance,
BOC Rate Statement, Overnight Rate,m IBD/TIPP Economic
Optimism, Total Vehicle Sales, Beige Book

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MCX TIPS
EQUITY TIPS

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