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BASE METAL WRAP: Copper dropped as the Federal Reserve begins a two-day policy meeting at which it is forecast to reduce the pace of its U.S. bond buying.
ENERGY WRAP: West Texas Intermediate crude slid for a third day on speculation that the threat of an imminent U.S.-led military strike against Syria is receding and as Libya’s oil production recovers.
PRECIOUS METAL WRAP: Gold swung between gains and losses as investors weighed the outlook for U.S. stimulus with the Federal Reserve to commence its policy meeting today.
GLOBAL EVENTS TO WATCH: Monetary Policy Meeting Minutes, CPI y/y, German ZEW Economic Sentiment, Treasury Sec Lew Speaks, Manufacturing Sales m/m, Core CPI m/m, CPI m/m, TIC Long-Term Purchases, NAHB Housing Market Index.
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