* Copper rises on Bank of Japan monetary easing
* Oil slides on plentiful stocks, Saudi comments
* Coming up: U.S. jobless claims data 8:30 a.m. EDT Thursday
By Jeanine Prezioso
NEW YORK, Sept 19 (Reuters) – Commodity markets ended mixed
on Wednesday with oil prices dragging, despite some positive
U.S. data and a buoyant stock market.
Gold ended nearly flat with Tuesday’s close, and copper rose
on support from the Bank of Japan’s monetary policy easing.
Oil is the largest component of the 19-commodity Thomson
Reuters-Jefferies CRB index which reflected crude’s
weakness on Wednesday.
The CRB fell 1 percent on Wednesday, after falling by 1
percent on Tuesday and 2 percent on Monday.
A few bright patches in the U.S. economy, which would
generally support the energy market, were not enough to lift oil
prices.
Continued…
