Thursday, 29 May 2014
BASE METAL WRAP: Copper fell from an
11-week high in London on signs of slowing economic growth in China and the
U.S., the biggest users of the metal.
ENERGY WRAP: West Texas
Intermediate headed for its first monthly advance since February as crude
inventories shrank at the delivery point for New York contracts. Brent was
steady in London.
PRECIOUS METAL WRAP: Gold headed for a
monthly loss as signs that the U.S. economy is improving fueled stock-market
gains, while demand for the metal slowed in China, the biggest consumer.
GLOBAL EVENTS TO WATCH: GDP m/m, Core PCE
Price Index m/m, Personal Spending m/m, Personal Income m/m, Chicago PMI,
Revised UoM Consumer Sentiment, Revised UoM Inflation Expectations, FOMC Member
Plosser Speaks.
