Dear All,
BASE METAL WRAP:
Copper pared a weekly advance as investors weighed China’s
smaller-than-expected inflation rate and ahead of industrial
output data due today.
ENERGY WRAP:
West Texas Intermediate crude rose for the first time in six
days, trimming a weekly drop as industrial production advanced
more than forecast in China, the second-biggest oil consumer.
PRECIOUS METAL WRAP:
Gold fell in London on speculation the Federal Reserve will
pare stimulus through bond purchases.
GLOBAL EVENTS TO WATCH:
RBA Monetary Policy Statement, CPI y/y, Employment Change,
Unemployment Rate, Wholesale Inventories m/m.
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