Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
The German bunds were trading mixed on Tuesday as investors await for Federal Reserve’s monetary policy meeting and Federal Reserve Chair Janet Yellen’s speech in an attempt to estimate the Fed's likely next step to raise interest rate. The yield on the benchmark 10-year bonds, which moves inversely to its price, moved up 0.37 pct to 0.270 pct and the yield on the 2-year bonds fell 1.43 pct to -0.497 pct by 0815 GMT.
Yesterday, the Germany IFO business climate rose to 106.6 in April, lower than market expectation of 107.1, from 106.7 in March. Moreover, the German bonds have been closely following developments in oil markets because of their impact on inflation expectations and stocks prices. Today, crude oil prices rose by tracking weak greenback and stream on fresh liquidity into the market. Meanwhile, Crude oil prices continue to rover around 5-month high. The International benchmark Brent futures rose 0.65 pct to $44.62 and West Texas Intermediate (WTI) climbed 0.63 pct to $42.91 by 0815 GMT.
According to Reuters sources, German parliament wants to invite Draghi to explain the ECB's ultra-low interest rates and expansionary monetary policy. The meeting with members of the committee on Europe, budget and finance would take place after the summer recess which ends on 5 September.
The markets in the Germany will now focus on a greater flow of economic data throughout the week, retail sales and unemployment change on Thursday (0755 GMT), Consumer Price Index (CPI) at (1200 GMT) and retail sales on Friday (0600 GMT). The investors will also look forward to FOMC meeting on Wednesday, 27th April.
Meanwhile, the German stock index DAX Index rose 0.53 pct at 10,349 by 0815 GMT.
