Commodity Tips, Gold Commodity Tips, NCDEX Commodity Tips

Locked
mcxprovider
Posts: 212
Joined: Sun May 13, 2012 10:37 pm
Location: Indore
Contact:

Re: Commodity Tips, Gold Commodity Tips, NCDEX Commodity Tips

Post by mcxprovider » Tue Jun 19, 2012 3:12 am

ASIAN STOCK
Most Asian stocks fell as Spain’s borrowing costs climbed to a euro-area record and optimism faded that Greece’s election will calm Europe’s debt crisis.
U.S.STOCK
In the US markets, stocks finished mixed after wavering in a tight range for most of the session as ongoing worries over Spain overshadowed the Greek election outcome.
DOLLAR
Versus the dollar, the yen was 0.2 percent higher at 78.97 on the back of buying from Tokyo exporters.
COPPER
copper was steady on Tuesday, after ending slightly down in the previous session when an early euphoria over a victory for Greece’s pro-bailout parties soon gave way to worries about Spain’s shaky finances and wider problems in the global economy.
U.S.GOLD
U.S. gold for August delivery added $2.00 an ounce to $1,629.00 an ounce.
GOLD
Gold hit an intraday high of $1,630.59 an ounce and was steady at $1,627.95 an ounce by 0300 GMT. Gold rallied to a record of around $1,920 in 2011.

mcxprovider
Posts: 212
Joined: Sun May 13, 2012 10:37 pm
Location: Indore
Contact:

Re: Commodity Tips, Gold Commodity Tips, NCDEX Commodity Tips

Post by mcxprovider » Wed Jun 20, 2012 3:06 am

ASIAN STOCK
Asian shares rose on Wednesday and the euro clung to most of the previous session’s gains as investors bet that Europe’s worsening debt crisis and faltering global growth will prompt major central banks to launch a new round of monetary stimulus.
U.S.STOCK
U.S. stocks rose around 1 percent on Tuesday on hopes that the Federal Reserve will agree to extend stimulus measures as the economy struggles to recover and the euro zone debt crisis worsens.
DOLLAR
The dollar eased 0.1 percent versus the yen to 78.88 yen . There was talk of stop-loss offers below 78.50 yen
EURO
The euro dipped 0.1 percent to $1.2671, giving back a bit of ground after climbing about 0.9 percent on Tuesday.
FTSE
The FTSE 100 index closed up 95.22 points, or 1.7 percent at 5,586.31, just below the 5,600 level.
U.S.CRUDE
U.S. crude oil’s front-month contract settled up 76 cents, or nearly 1 percent, at $84.03 a barrel, after trading as high as $84.41 during the session.
COPPER
Copper also edged down, losing about 0.3 percent to fetch around $7,584 a tone, copper slipped on Wednesday in thin trading, with worries lingering over Spain’s debt problems and as some investors looked to cash in on gains made the previous day.
GOLD
Gold, which tends to be pushed higher by monetary stimulus due to its traditional role as a hedge against inflation, rose around 0.2 percent to about $1,620 an ounce.

mcxprovider
Posts: 212
Joined: Sun May 13, 2012 10:37 pm
Location: Indore
Contact:

Re: Commodity Tips, Gold Commodity Tips, NCDEX Commodity Tips

Post by mcxprovider » Thu Jun 21, 2012 2:26 am

ASIAN STOCK
Asian stocks struggled and commodities fell broadly on Thursday after the Federal Reserve ramped up monetary stimulus by expanding “Operation Twist”, but disappointed some investors who had been hoping for more aggressive measures.
U.S.STOCK
In the US markets, it was a volatile session after Bernanke’s move. Stocks however cut losses in later trade. The major averages took on mild declines in a day of tight-range trading.
U.S.TREASURYThe benchmark 10-year note US10YT=RR, meanwhile, slipped 5/32, its yield rising to 1.64 percent from 1.63 percent on Tuesday.
DOLLAR
The dollar rose against eight of 16 major peers and weakened against the rest. It strengthened 0.8 percent versus the yen, while slipping 0.1 percent to trade at $1.2703 against the euro.
GOLD
Gold fell $5.62 an ounce to $1,599.76 by 0214 SGMT. Gold rallied to its highest level in 2012 of around $1,790 in February.

mcxprovider
Posts: 212
Joined: Sun May 13, 2012 10:37 pm
Location: Indore
Contact:

Re: Commodity Tips, Gold Commodity Tips, NCDEX Commodity Tips

Post by mcxprovider » Fri Jun 22, 2012 12:52 am

Commodity Market Outlook :22-06-2012
Gold heads for biggest weekly loss since May

US crude steady around $78 after dropping to 8-month low

U.S. stocks posted their worst day in three weeks

Copper eyeing 7th weekly loss in eight

LME copper hit a two-week low of $7,320 on Thursday
U.S. MARKET UPDATE
U.S. stocks posted the worst day in three weeks on Thursday on mounting evidence that slowing manufacturing growth worldwide threatened corporate profits.

The Dow Jones industrial average was down 251.35 points, or 1.96 percent, at 12,573.04. The Standard & Poor’s 500 Index was down 30.19 points, or 2.23 percent, at 1,325.50. The Nasdaq Composite Index was down 71.36 points, or 2.44 percent, at 2,859.09.

mcxprovider
Posts: 212
Joined: Sun May 13, 2012 10:37 pm
Location: Indore
Contact:

Re: Commodity Tips, Gold Commodity Tips, NCDEX Commodity Tips

Post by mcxprovider » Sat Jun 23, 2012 12:25 am

U.S. MARKET UPDATE
U.S. stocks fell, ending a two-week winning streak by the Standard & Poor’s 500 Index, after the Federal Reserve cut its economic forecast and a bear market in commodities prices dragged down energy producers.

The Dow Jones industrial average was up 78.56 points, or 0.62 percent, at 12,652.13. The Standard & Poor’s 500 Index was up 9.92 points, or 0.75 percent, at 1,335.43. The Nasdaq Composite Index was up 29.17 points, or 1.02 percent, at 2,888.26.

GOLD
Gold rebounded on Friday after the last session’s sell-off, but the precious metal was virtually flat for the year to date and posted a weekly drop of nearly 4 percent on deflation worries and a lack of aggressive Federal Reserve stimulus.

SPOT GOLD
Spot gold was up 0.2 percent at $1,568.70 an ounce by 2:59 PM EDT (1859 GMT), just $5 above the closing price of $1,563.80 for 2011.

U.S.GOLD
U.S. gold futures for August delivery settled up $1.40 at $1,566.90, with trading volume at about 35 percent below its 30-day average.

mcxprovider
Posts: 212
Joined: Sun May 13, 2012 10:37 pm
Location: Indore
Contact:

Re: Commodity Tips, Gold Commodity Tips, NCDEX Commodity Tips

Post by mcxprovider » Thu Jun 28, 2012 10:45 pm

Crude Copper updates and trading tips
Crude oil in international markets is seeing good growth. In Norway crude oil production declined by 15 per cent due to the strike. International market has had a rapid effect on domestic business. Despite the strengthening of the rupee against the dollar on MCX crude oil is trading above Rs 4,500.

Copper trend :- Copper prices are expected to witness a range bound move as from 414 to 406, one can look for buying opportunity around 409 with a stop loss below 405. Fresh buying could witness above 415.

NCDEX pepper trend :- Pepper prices zoomed both in the local cash market and commodity bourses on strong buying support. The NCDEX Pepper for the June delivery was facing resistance at Rs.40400-40450 per quintal during the last few sessions. Technically, the NCDEX Pepper for the July delivery is likely to find next resistance at Rs.40800, Rs. 41500 and support is at Rs. 40300, Rs. 40030 per quintal.

mcxprovider
Posts: 212
Joined: Sun May 13, 2012 10:37 pm
Location: Indore
Contact:

Re: Commodity Tips, Gold Commodity Tips, NCDEX Commodity Tips

Post by mcxprovider » Mon Jul 02, 2012 12:41 am

U.S.GOLD
U.S. gold lost half a percent to $1,595.70.
SPOT GOLD
Spot gold edged down 0.1 percent to $1,594.99 an ounce by 0024 GMT, after surging 3 percent in the previous session. The precious metal posted a monthly gain of more than 2 percent in June, its first in five months.
GOLD
Gold prices edged down on Monday, taking a breather after a 3-percent rally in the previous session, as the initial euphoria over a euro zone deal to help its debt-laden members gave way to caution over its effectiveness.

Locked

Who is online

Users browsing this forum: No registered users and 76 guests