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FxWirePro: Daily Commodity Tracker - 21st March, 2022

U.S. personal income and spending rose less than expected in August

Malaysian headline inflation falls further in October, likely to remain negative in 2020

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

U.S. durable goods orders sustain robust growth

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U.S. vehicle sales fall again in November

Swedish economic sentiment indicator rises in November

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

U.S. existing home sales decline in August

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

Philippine central bank keeps interest rate unchanged at 2 pct

U.S. Q3 economic growth unrevised in second estimate

U.S. House prices increase slightly in July

Reserve Bank of India likely to stand pat in December

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Gains in Copper are corrective and temporary: BofA Merrill Lynch

Tuesday, March 3, 2015 6:21 PM UTC

Quotes from BofA Merrill Lynch:

- Since late Jan, Copper has been correcting higher. Now, with daily RSI rolling over from overbought, we look for a top in the confluence of resistance between 5864/6051and a resumption of the larger bear trend for 5279 ahead of 4791.

- An impulsive break below 5740 (Feb-24 low)confirms a top and turn lower.

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Gains in Copper are corrective and temporary: BofA Merrill Lynch

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