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Friday 6 September 2013

TODAY COMMODITY MARKET STRATEGY

                    DEAR ALL


BASE METAL WRAP:

Copper rose for the first time in three days as investors
await a U.S. jobs report that may show rising employment
in the world’s second-biggest user of metals.

ENERGY WRAP:

West Texas Intermediate oil swung between gains as losses
as U.S. crude inventories shrank and President Barack Obama
searched for diplomatic backing for a military strike on
Syria while at the G-20 summit in Russia.

PRECIOUS METAL WRAP:

Gold traders are divided on the outlook for prices next week,
weighing signs of an improving U.S. economy against the
threat of a military attack on Syria. Two years after bullion
set a record, the majority said a new peak won’t be reached
in the next 24 months.

GLOBAL EVENTS TO WATCH:

CPI m/m, Manufacturing Production m/m, FOMC Member Evans
Speaks, Employment Change, Unemployment Rate, Non-Farm
Employment Change, Unemployment Rate, Average Hourly Earnings
m/m, Ivey PMI, G20 Meetings, FOMC Member George Speaks.
          
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