Highlight of The International Commodity Market
- US Core Durable Goods Orders declined by 0.1 percent in August.
- GfK German Consumer Climate rose to 7.1-level in September.
- US New Home Sales gained by 31,000 to 421,000 in the last month.
- UK’s CBI Realized Sales jumped to 34-mark in the current month
- LME Copper inventories fell 0.6 percent in yesterday’s trading session.
- US crude oil inventories surged unexpectedly by 2.6 mn bbl yesterday.
Asian markets are trading lower today on the back of rising concerns over the US debt ceiling which poses a threat of growth in the world’s largest economy.
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