COMMODITY MARKET TRENDS 03 April 2014

BASE METAL WRAP: 

Copper fell for the first time in three days as mines in Chile, the world’s biggest producer, were returning to normal operations after the government ordered an evacuation following an earthquake and tsunami.

ENERGY WRAP: 

West Texas Intermediate fell for a fourth day, the longest losing streak in three months, amid speculation reduced Chinese and U.S. growth will curb demand in the world’s biggest oil users. Brent was steady in London.
 

PRECIOUS METAL WRAP: 

Gold held an advance from a seven-week low amid speculation that physical demand will strengthen, while holdings in the largest exchange-traded product were steady.

GLOBAL EVENTS TO WATCH: 

Retail Sales m/m, Trade Balance, Trade Balance, Services PMI, Minimum Bid Rate, Trade Balance, ECB Press Conference, Trade Balance, Unemployment Claims, Final Services PMI, ECB President Draghi Speaks, ISM Non-Manufacturing PMI, Natural Gas Storage.

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