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23 Aug 2016

Commodities traded on a softer note – ANZ

Research Team at ANZ, notes that the commodities were slightly weaker overnight.

Key Quotes

“Precious metals are a little softer ahead of Fed Chair Yellen’s speech at the end of this week, while base metals also closed lower. Stockpiles of copper on the LME rose by 8.9% – the biggest gain in more than six weeks.

Oil also slipped overnight, ending a long run of daily gains as Iraq moves to boost crude shipments by about 5% over the next few days and Nigerian militants called an end to hostilities. Softs were mixed overnight, with sugar prices up 3.4% and wheat down 3.6%.”

Aug 23, 2016

Euro area PMIs and consumer confidence in focus – Danske Bank

Research Team at Danske Bank, suggests that in the euro area, the week starts with consumer confidence figures for August on Tuesday. Key Quotes “We
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Aug 23, 2016

Euro area: All eyes on flash PMIs - Nomura

Research Team at Nomura, expects the euro area composite PMI to decline 0.3 points to 52.9 in August following a slight uptick to 53.2 in July. Key Q
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