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- COMMODITY MARKET TRENDS 15 April 2014
Posted by : Simran Shah
Monday, 14 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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