European markets are expected to start on a positive note.
The Euro was mixed against its major counterparts. In Europe, Bank of France business sentiment index fell to 98 in April vs 99 in March.
Gold was up $7.4 to $1296.2. The precious metal was above its 20D MA (@ $1295) and below its 50D MA (@ $1312).
Copper Future (JUL 14) on Comex was up 6.3c to 314.55c/lb. The contract was above its 20D MA (@ 304.03c) and above its 50D MA (@ 305.13c). In Europe, the London Metal Exchange reported its copper inventories decreased 3000 tons to 205325 tons.
Today's Economic Events
GE 10:00: MAY Zew Survey (Current Situation): NA
US 13:30: APR Retail Sales: 0.3%
US 13:30: APR Retail Sales less Autos: 0.5%
US 15:00: MAR Business Inventories: 0.4%