European markets are expected to start on a positive note.
The Euro was firm against its major counterparts. In Europe, German import price index fell by 0.6% in March after a 0.1% decline in February. Economists anticipated a 0.1% decrease.
Gold was down $7.2 to $1296.1. The precious metal was below its 20D MA (@ $1299) and below its 50D MA (@ $1319).
Copper Future (JUL 14) on Comex was about flat to 309.2c/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 1950 tons to 237000 tons.
Today's Economic Events
EC 09:00: MAR Euro-zone: M3 (3 mth ave.): NA
EC 10:00: APR Euro-zone: Industrial Confidence: NA
EC 10:00: APR Business Climate Indicator: NA
EC 10:00: APR Euro-Zone: Economic Confidence: NA
EC 10:00: APR Euro-Zone: Consumer Confidence: NA
GE 13:00: MAR Consumer Price Index (MoM): NA
GE 13:00: MAR CPI - EU Harmonised (MoM): NA
US 15:00: APR Consumer Confidence: 83.15