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BASE METAL WRAP:
Copper dropped,
paring the first quarterly gain in a year, on slowing demand in China before
next week’s holidays and on concern that U.S. budget negotiations are
stalling.
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ENERGY WRAP:
West Texas
Intermediate crude fell for a sixth day, the
longest losing
streak in 16 months, after a government report showed U.S. inventories
unexpectedly rose last week as demand slipped.
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PRECIOUS METAL WRAP:
Gold traded little
changed after its biggest advance in a week as investors weighed the risk of
a U.S. government shutdown against the outlook for the Federal Reserve’s
stimulus measures amid mixed economic data.
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GLOBAL EVENTS TO
WATCH:
Current Account,
Unemployment Claims, Final GDP q/q, Final GDP Price Index q/q, Pending Home
Sales m/m, FOMC Member Stein Speaks, Natural Gas Storage.
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