Thursday, 26 September 2013

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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