Tuesday 5 August 2014
BASE METAL WRAP:
London copper fell to its lowest level in two weeks and Shanghai prices
slid nearly 1 percent, reflecting investor caution as weakness in China's
services sector cast doubts on its economic recovery momentum.
ENERGY WRAP: West Texas
Intermediate rose for a second time in three days after an industry report
showed crude stockpiles declined in the U.S., the world’s biggest oil user.
Brent climbed in London.
PRECIOUS METAL WRAP: Silver futures fell to
a six-week low as the dollar’s advance reduced the appeal of commodities as
alternative investments. Gold, platinum and palladium dropped.
GLOBAL EVENTS TO WATCH: Employment Change
q/q, Unemployment Rate, Manufacturing Production m/m, Trade Balance, Trade
Balance, Crude Oil Inventories.
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