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2. HEADLINES
Natural Gas Slips to Three-Week Low.
Natural-gas prices settled at their lowest level in three
weeks as analysts and traders expect Hurricane Sandy
to cause power outages along the East Coast,
squelching demand for the fuel. Natural gas for
November delivery fell 3.4 cents, or 1%, to $3.40 a
TRADING TIP: million British thermal units on the New York
Mercantile Exchange, the front-month contract's lowest
Buy Lead Oct settlement since Oct. 5. For the week, the contract lost
6%. Hurricane Sandy is expected to churn up the
Above 110.50
Eastern Seaboard before making landfall in Delaware.
TGTS-111/111.70 Base metals close mostly slightly lower.
SL-109.90
BASE metals have closed mostly modestly lower on the
London Metal Exchange despite a somewhat buoyant
sessions as a generally weaker US dollar improved their
affordability to other currency holders and wider risk
aversion eased. At the PM kerb closeon Thursday, LME
three month copper was flat at USD 7,814 per tonne
Buy Gold Dec while tin was 0.7% higher at USD 20,390 per tonne.
Market sentiment was a little brighter Thursday, helped
Above 31070 by the Federal Reserve's pledge on Wednesday to stick
TGTS-31110/31160 to its current accommodative monetary policy, steady
bond yields in Spain and Italy and encouraging US
SL-31036 economic data.
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