ECONOMIC EVENTS, AGRICULTURE REPORTS: Forecast Prior Time (N.Y.) Germany Industrial Production YoY JUL 6.5% 6.7% 6:00 U.S. MBA Mortgage Applications SEP 2 -9.6% 7:00 U.S. JOLTs Job Openings JUL 3074 3109 10:00 Fed’s Beige Book 14:00 USDA Broiler Eggs Set SEP 2 192439 15:00 Metal Prices: ($/ton) Last %Chg RSI Copper $9,005.50 +0.8 47 Aluminum $2,400.25 +0.9 46 Zinc $2,215 +1.2 47 Lead $2,424.75 +1.7 48 Nickel $21,120 +2.2 43 Tin $23,900 +0.2 44 Other Markets: Last %Chg %YTD U.S. Dollar Index 75.608 -0.4 -4.3 Crude Oil $86.42 +0.5 -5.4 Gold $1,842 -1.8 +29.7 MSCI World Index $1,145.89 +0.4 -10.5 TOP STORY: Commodities Rise First Day in Four as Metals, Crude Oil Climb Commodities gained for the first day in four, led by metals and crude oil amid concerns about tightening global supplies and as Asian stocks rose. Corn and soybeans advanced, while gold was little changed. COMMODITY EXCLUSIVE: Pawnbrokers Thrive as Rising Gold Price Entices Hard-Up Britons Pawnbrokers, who arrived in England with William the Conqueror in 1066, are thriving in a spluttering economy as banks lend less and gold prices soar. Aluminum Will Stay in Surplus for Fifth Year, Sumitomo Says (1) The global aluminum market will remain oversupplied in 2012 for a fifth year as new capacity comes onstream amid growing concerns over global economic growth, Japan’s third-largest trading house said. Cameron’s Fast Rail Runs Into Tory Roadblock: Freight Markets Prime Minister David Cameron’s plan to build the U.K.’s first high-speed domestic rail link, freeing capacity for freight, faces opposition in his party’s heartland. INDUSTRIAL METALS: Copper Rebounds as Mine Strike Threats Deepen Supply Concerns Copper futures gained for the first day in five on concern that production may decline amid strike threats at mines in Peru and Indonesia, worsening a global shortage. Eramet Plans to Invest $6 Billion in Indonesian Nickel Project Eramet SA plans to invest a total of $6 billion in an Indonesian nickel project in Halmahera, North Maluku province, Indonesia’s Coordinating Minister for the Economy Hatta Rajasa said in Jakarta after a meeting today between Eramet Chief Executive Officer Patrick Buffet with President Susilo Bambang Yudhoyono. Jinchuan Sees China’s Nickel Output at 440,000 Tons This Year China’s nickel output may rise to 440,000 metric tons this year from 332,300 tons in 2010, Wu Jun, vice president of Jinchuan Group Ltd., said in Shanghai today. PRECIOUS METALS: Gold Falls for Second Day as Equity Rebound Trims Haven Demand Gold fell for a second day as a rebound in equities trims demand by investors seeking to protect their wealth against declining currencies and economic turmoil. MINING: Rio Gem Mine Complies With Zimbabwe Law, Impala Platinum Fails Rio Tinto Group’s Murowa diamond mine is among 45 operations that have met a plan to increase ownership by black citizens of Zimbabwe while an Impala Platinum Holdings Ltd. unit has failed to, said Indigenization Minister Saviour Kasukuwere. AGRICULTURE: Corn, Soybean, Wheat Prices Rally as Dry Weather May Hurt Crops Corn, soybean and wheat futures rallied on speculation that dry weather in the U.S., the world’s largest exporter of the grains, may damage crops. South Australia Total 2011-12 Crop Output Seen 7.66 Million Tons South Australia’s total crop production is forecast at 7.66 million metric tons in the 2011-2012 season, Rural Solutions SA said in a report for the state government’s primary industries department. That compares to a July forecast of 6.75 million tons. Wheat output is forecast at 3.96 million tons, it said. That compares to the 3.54 million tons predicted in July. India’s Should Allow Sugar Exports From November, Group Says India, the world’s largest sugar producer after Brazil, should allow exports from November as the nation may have a surplus of 4 million metric tons for shipments, a producers’ group said. India’s Sugar Output May Exceed 26 Million Tons, Cargill Says Sugar production in India may exceed 26 million metric tons in the crop year beginning Oct. 1, Swati Shukla, head of sugar business at Cargill’s India unit, told a conference organized by broker and researcher Kingsman SA in New Delhi today. Palm Oil Inventory Drops in Malaysia as Ramadan Slows Harvests Palm oil stockpiles in Malaysia, the second-largest grower, probably fell in August from a month earlier as the Muslim fasting month of Ramadan slowed harvests, according to a Bloomberg News survey. Palm Oil Gains as Soybeans Advance on Lower U.S. Yield Forecasts Palm oil gained for the first time in three days after soybeans advanced on forecasts for lower yields and worsening crop conditions in the U.S., raising concern that global cooking oil supplies may decline. Cocoa Arrivals From Brazil’s Bahia Decline 4%, Hartmann Says Cocoa arrivals from Bahia, Brazil’s biggest growing region, fell 4 percent from a week earlier, according to analyst Thomas Hartmann. ECONOMIES: Obama Said to Seek More Than $300 Billion Package to Boost Jobs President Barack Obama plans to propose sparking job growth by injecting more than $300 billion into the economy next year, mostly through tax cuts, infrastructure spending and direct aid to state and local governments. SNB Dares Investors With ‘Unlimited’ Swiss Franc Firepower (1) Investors may have to think twice before taking on Philipp Hildebrand and his printing press at the Swiss central bank. Australia’s Economy Grew More Than Estimated Last Quarter (1) Australia’s economy expanded more than economists forecast last quarter, driven by rising consumer spending and a rebound in exports. The local currency gained by the most in more than a week. OTHER MARKETS: Asia Stocks Rebound From Three-Day Drop; Aussie, Copper Advance Asian stocks rebounded from a three- day drop that left valuations at the cheapest level since 2008, and copper rose for the first time in five days. The Australian dollar gained after the economy grew at a faster-than-forecast pace and Treasury 10- year yields climbed above 2 percent. Oil Gains on Forecast Stockpile Drop as Cyclone Builds in Gulf Oil advanced from the lowest in more than a week in New York on speculation a storm building in the Gulf of Mexico poses a threat to supply in the U.S. amid shrinking crude stockpiles in the world’s biggest consumer. Apple Bears Depart as Jobs Sends Puts to One-Year Low: Options Prices to insure Apple Inc. shares from losses dropped to a one-year low after Steve Jobs, who presided over a 91-fold increase in the stock, stepped down as chief executive officer. To contact the reporter on this story: Chanyaporn Chanjaroen in Singapore at cchanjaroen@bloomberg.net To contact the editor responsible for this story: Richard Dobson at rdobson4@bloomberg.net

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