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Monday 14 April 2014

COMMODITY MARKET TRENDS 15 April 2014

ENERGY WRAP: 
Crude oil prices eased in Asia on Tuesday on profit taking after gains made on geopolitical tension in the Ukraine. Oil prices received further support following delays in resuming oil exports from Libya.

PRECIOUS METAL WRAP: 
Gold declined from a three-week high, a year after the biggest two-day slump in three decades, as investors assessed an improving U.S. economy and the situation in Ukraine.

GLOBAL EVENTS TO WATCH: 
Monetary Policy Meeting Minutes, CPI y/y, German ZEW Economic Sentiment, Manufacturing Sales m/m, Core CPI m/m, CPI m/m, Empire State Manufacturing Index, Fed Chair Yellen Speaks, TIC Long-Term Purchases, NAHB Housing Market Index.


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