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8/8/2019 Stock Tips | Stock Market Tips | Free Stock Tips | Share Market Tips | Indian Share Market | Commodity Tips
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Daily Newsl13/12/2010
tter-Commodity
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8/8/2019 Stock Tips | Stock Market Tips | Free Stock Tips | Share Market Tips | Indian Share Market | Commodity Tips
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MARKETWRAP
Oil slips on China rate hike worry
China's crude oil imports jumped 22.1 percent last month
Gold drops as China tightens, down 2 pct on week
Copper near record high after China imports data
Oil prices fell on Friday in choppy trading, finishing with a weekly loss as concerns that
China's moves to cool inflation will curb energy demand. Despite reaching a 26-month
high of $90.76 on Tuesday, for the week U.S. crude oil futures fell 1.57 percent. Oil rose
6.48 percent last week, its second straight weekly gain. Gold fell on Friday after China
raised bank reserve requirements and investors took profits in bullion U.S. data showing
rising consumer confidence and a shrinking trade gap. Copper rose near record highs
on Friday on concerns about tight supplies and after strong Chinese import data
boosted the demand outlook. China's imports of copper rose 28.5 percent to 351,597
tonnes in November, after a slump in October.
ECONOMICCALENDAR
Date Time Currency Economic Data Forecast Previous
MonDec 13
5:31am GBP Rightmove HPI m/m -3.2%
5:31am GBP BOE Quarterly Bulletin
3:00pm GBP PPI Input m/m 0.7% 2.1%
5:00pm GBP MPC Member Bean Speaks
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ALUMINIUM(DEC)
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