Thursday, 3 July 2014

Today’s Outlook of Commodity Market

We expect Gold prices to remain in a range to down for the day as investors awaits US employment data and ECB rate decision.

We expect Crude oil prices to remain in a range to down for the day as supply ease & easing tensions pressure the Crude prices. 

We expect Copper prices to move in a higher for the day over weaker dollar and positive Manufacturing PMI from US and China. Other base metals can follow copper and move higher for the day.

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