Wednesday, 25 June 2014
BASE METAL WRAP:
Copper advanced for a
ninth straight session in New York, capping the longest rally since 2005, amid
signs of tightening supply.
ENERGY WRAP:
West Texas
Intermediate traded near a three-day high before data that may show a
strengthening U.S. economy and as violence escalated in northern Iraq, OPEC’s
second-biggest crude producer. Brent was steady in London.
PRECIOUS METAL WRAP:
Gold traded below a
two-month high as investors weighed the outlook for the U.S. economy that
shrank in the first quarter by the most in five years.
GLOBAL EVENTS TO WATCH:
Unemployment Claims,
Core PCE Price Index m/m, Personal Spending m/m, Personal Income m/m, Natural
Gas Storage.
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