BASE METAL WRAP: Japan’s output of copper and copper-alloy fabricated products increased 5.6 percent in October, climbing for the fourth straight month, as demand from home and overseas expanded.
ENERGY WRAP: West Texas Intermediate’s discount to Brent reached an eight-month high as rising inventories weighed on U.S. futures and limited progress in Iran nuclear negotiations supported the European benchmark.
PRECIOUS METAL WRAP: Gold traded near a four-month low as the accord between Iran and world powers damped demand for haven assets, while holdings in exchange-traded products extended declines. Silver sank to the lowest in more than 15 weeks.
GLOBAL EVENTS TO WATCH: Pending Home Sales m/m.
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