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BASE METAL WRAP: Copper saw a bounce towards the weekend as signs of re-emerging appetite for the metal in top consumer China boosted the demand outlook and helped offset concerns over a tapering of monetary stimulus in the United States.
ENERGY WRAP: West Texas Intermediate crude rose for a third day as speculation the Federal Reserve will maintain economic stimulus boosted the demand outlook in the world’s biggest oil user. Brent’s premium to WTI narrowed.
PRECIOUS METAL WRAP: Gold swung between gains and losses after climbing to the highest level since June as investors weighed the outlook for stimulus in the U.S., with a slump in new-home sales boosting the case for sustained debt-buying.
GLOBAL EVENTS TO WATCH: Trade Balance, Core Durable Goods Orders m/m, Durable Goods Orders m/m.
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