European markets are expected to start on a negative note.
Gold was about flat to $1290.5. The precious metal was below its 20D MA (@ $1300) and below its 50D MA (@ $1321).
Copper Future (JUL 14) on Comex was about flat to 303c/lb. The contract was above its 20D MA (@ 300.44c) and below its 50D MA (@ 310.7c). In Europe, the London Metal Exchange reported its copper inventories decreased 0 tons to 242300 tons.
Today's Economic Events
UK 09:30: MAR Public Finances (PSNCR) (Bln): NA
US 15:00: MAR New Home Sales (Thsd): 450
US 15:30: W15 Crude Oil Inventories (WoW chg): 3000