European markets are expected to start on a flat note.
The Euro was under pressure against its major counterparts. In Europe, German GfK advanced consumer confidence indicator was flat at 8.5 for April, as expected.
Gold was down $8 to $1303.2. The precious metal was below its 20D MA (@ $1341) and below its 50D MA (@ $1305).
Copper Future (MAY 14) on Comex was down 4.1c to 296.5c/lb. The contract was below its 20D MA (@ 307.74c) and below its 50D MA (@ 319.17c). In Europe, the London Metal Exchange reported its copper inventories increased 2925 tons to 269750 tons.
UK Market News
Today's Economic Events
EC 09:00: FEB Euro-zone: M3 (3 mth ave.): 1.2%
US 12:30: 4Q GDP (QoQ): 2.7%
US 12:30: 4Q GDP Price (QoQ): 1.6%
US 12:30: 4Q Personal Consumption: 2.8%
US 12:30: W11 Initial Jobless Claims (Thsd): 325