Thursday 28 August 2014
BASE METAL WRAP: Copper
traded near the lowest in almost a week after China reported industrial
profit growth slowed and before economic expansion data today from the
U.S.
ENERGY WRAP: Gasoline
fell after a government report showed U.S. output rose before the Labor
Day holiday that marks the end of the country’s peak-demand driving
season. West Texas Intermediate crude settled little changed.
PRECIOUS METAL WRAP:
Gold futures dropped for the second time in three days on signs of
waning investor demand for the metal as an alternative asset.
GLOBAL EVENTS TO WATCH:
Private Capital Expenditure q/q, German Prelim CPI m/m, Prelim GDP q/q,
Unemployment Claims, Prelim GDP Price Index q/q, Pending Home Sales
m/m, Natural Gas Storage.
