The price of oil took a tumble this week on persistent concerns about high US stocks, while copper also fell as the strike at the world’s largest mine was called off. More generally, there were signs of fading investor interest as prices drifted or fell, despite the weakness in the US dollar.
Turning to next week, the UK is set to trigger Article 50 on Wednesday, formally starting the Brexit process. Otherwise, it will be a relatively quiet week for economic data releases, aside from the official and unofficial China manufacturing PMIs for March, which will be published on Friday and Saturday respectively.
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