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- COMMODITY MARKET TRENDS 22 April 2014
Posted by : Simran Shah
Monday, 21 April 2014
BASE METAL WRAP:
Nickel
advanced for a third day to a 14-month high on concern that escalating
tensions in Ukraine may disrupt supplies from Russia amid Indonesia’s
ban on ore exports.
ENERGY WRAP:
ENERGY WRAP:
Brent
crude traded near a seven-week high amid speculation that escalating
tension between the U.S. and Russia over Ukraine may disrupt energy
supplies to Europe. West Texas Intermediate in New York was steady.
PRECIOUS METAL WRAP:
PRECIOUS METAL WRAP:
Gold
fell for a sixth day toward the lowest level in more than two weeks on
signs of an improving U.S. economy as assets in the largest
exchange-traded product sank to a 12-week low.
GLOBAL EVENTS TO WATCH:
HPI m/m, Existing Home Sales, Richmond Manufacturing Index.GLOBAL EVENTS TO WATCH:
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