BASE METAL WRAP: Copper prices rose on Wednesday but remained near a one-month low due to concerns about growth in top consumer China and a strong dollar, while nickel slipped as supply worries eased.
ENERGY WRAP: West Texas Intermediate traded near an eight-month low amid speculation that rising U.S. crude output will add to excess supply in the world’s biggest oil consumer.
PRECIOUS METAL WRAP: Gold traded near a three-month low as investors assessed the outlook for U.S. monetary policy amid easing tensions between Ukraine and Russia.
GLOBAL EVENTS TO WATCH: Official Cash Rate, RBNZ Monetary Policy Statement, RBNZ Press Conference, RBNZ Rate Statement, President Obama Speaks, Employment Change, Unemployment Rate, CPI y/y, PPI y/y, Unemployment Claims, Natural Gas Storage, 30-y Bond Auction, Federal Budget Balance.
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ENERGY WRAP: West Texas Intermediate traded near an eight-month low amid speculation that rising U.S. crude output will add to excess supply in the world’s biggest oil consumer.
PRECIOUS METAL WRAP: Gold traded near a three-month low as investors assessed the outlook for U.S. monetary policy amid easing tensions between Ukraine and Russia.
GLOBAL EVENTS TO WATCH: Official Cash Rate, RBNZ Monetary Policy Statement, RBNZ Press Conference, RBNZ Rate Statement, President Obama Speaks, Employment Change, Unemployment Rate, CPI y/y, PPI y/y, Unemployment Claims, Natural Gas Storage, 30-y Bond Auction, Federal Budget Balance.
Get free trading in equity tips, free equity tips, stock tips, stock cash tips, stock futures tips, commodity tips, nifty tips, nifty f & o, mcx tips, ncdex tips, and share market tips etc.
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