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BASE METAL WRAP: Copper was poised for the biggest weekly gain in a year after the Federal Reserve unexpectedly maintained monetary stimulus in the U.S., the second-biggest consumer of the metal.
ENERGY WRAP: West Texas Intermediate headed for a second weekly loss as Libya’s oil output increased and the threat of military strikes against Syria receded, damping concern that Middle East supplies may be disrupted.
PRECIOUS METAL WRAP: Gold snapped a two-day advance, trimming the first weekly increase in a month, as U.S. economic data backed the case for reduced stimulus after the Federal Reserve this week maintained the pace of monthly bond purchases. Silver, platinum and palladium declined.
GLOBAL EVENTS TO WATCH: BOJ Gov Kuroda Speaks, Core CPI m/m, FOMC Member George Speaks, FOMC Member Tarullo Speaks, FOMC Member Bullard Speaks.
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