Sunday, 22 June 2014
BASE METAL WRAP: Copper advanced for a
seventh day as a private gauge of Chinese factory output beat economist
estimates, boosting demand prospects in the biggest user.
ENERGY WRAP: West Texas Intermediate
rose for a third day and Brent gained as militants in Iraq seized more
territory and President Barack Obama warned that the crisis may spill over into
other countries.
PRECIOUS METAL WRAP: Gold fell for a second
day on signs that a rally to a two-month high damped physical and investment
demand. Platinum and palladium declined amid expectations that striking miners
in South Africa may return to work this week.
GLOBAL EVENTS TO WATCH: HSBC Flash Manufacturing PMI, BOJ Gov Kuroda
Speaks, French Flash Manufacturing PMI, German Flash Manufacturing PMI, Flash
Manufacturing PMI, Existing Home Sales.
