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BASE METAL WRAP: Copper fell to the lowest in more than a week in New York as signs of a strengthening economy fueled speculation that the Federal Reserve will curb stimulus in the U.S., the world’s second-biggest user of the metal.
ENERGY WRAP: West Texas Intermediate oil advanced for a fourth day, the longest rising streak since August, as TransCanada Corp. said it will start part of its Keystone XL pipeline next month and data showed U.S. crude inventories fell.
PRECIOUS METAL WRAP: Gold traded near the lowest level in five months as signs of improving economic growth in the U.S. reinforced speculation that the Federal Reserve will taper monetary stimulus in the coming months.
GLOBAL EVENTS TO WATCH: ADP Non-Farm Employment Change, Trade Balance, Trade Balance, BOC Rate Statement, Overnight Rate, ISM Non-Manufacturing PMI, New Home Sales, New Home Sales, Crude Oil Inventories, President Obama Speaks.
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