China Sets Conservative Growth Target as Challenges Loom — Commodities Roundup

MARKET MOVEMENTS: — Brent crude oil is 1.4% lower at $84.61 a barrel. — European benchmark gas falls 4.5% to EUR 43 a megawatt hour. — Gold futures are up 0.2% at $1,858.40 a troy ounce. — Three Month copper is 0.7% lower at $8,862 a metric ton. — Wheat futures are 0.9% lower at $7.03 a bushel. TOP STORY: China Sets Conservative Growth Target as Challenges Loom China unveiled its lowest growth target in more than a quarter-century as Beijing faces challenges in the domestic and global economy following its emergence from three years of strict Covid-19 measures. China’s…