Tuesday 26 August 2014
BASE METAL WRAP:
Aluminium traded near an 18-month high on speculation demand is rising
amid signs a recovery is gathering pace in the U.S. and before data forecast to
show the country’s economy expanded for the second quarter.
ENERGY WRAP: West Texas
Intermediate traded near a three-day high before a government report forecast
to show crude stockpiles dropped for a second week in the U.S., the world’s
biggest oil consumer. Brent was steady in London.
PRECIOUS METAL WRAP: Gold held below $1,300
an ounce as investors weighed a strengthening U.S. economy and dollar against
signs of easing tensions around the world.
GLOBAL EVENTS TO WATCH: Crude
Oil Inventories.
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