COMMODITY ONLINE NEWS AND CALLS
Commodity News upadated
DATE
|
PARTICULARS
|
SEGMENTS
|
| 03/06/2016 09:47pm |
!!! CRUDEOIL BOUGHT TARGET ACHIEVED AT 3281 !!! |
MCX |
| 03/06/2016 08:18pm |
CRUDEOIL BOUGHT AT 3260 BOOK PARTIAL PROFIT AT 3275 CMP 3274 |
MCX |
| 03/06/2016 08:00pm |
BUY CRUDEOIL AT 3260 STOPLOSS 3240 TARGET 3281 CMP 3260 DISCLAIMER |
MCX |
| 03/06/2016 07:44pm |
US ISM Non-Manufacturing PMI 52.9 VS 55.7 US Factory Orders mm1.9% VS 1.1% ===> DATA IS SUPPORTIVE FOR BULLION |
MCX |
| 03/06/2016 07:30pm |
US Final Services PMI51.3 VS 51.2 ===> DATA IS SLIGHT WEAK FOR BULLION, MILD SUPPORTIVE FOR DOLLAR |
MCX |
| 03/06/2016 07:01pm |
Dollar index dropped below 94.50 weakened against its main rivals after official data showed jobs growth decelerated last month to its weakest level since late 2010. |
MCX |
| 03/06/2016 06:00pm |
Currency : Daily Settlement Price : USDINR : 67.5475 : EURINR : 75.3500 : GBPINR : 97.4200 : YPYINR : 62.0100 : |
CURRENCY |
| 03/06/2016 05:30pm |
ZINC MINI SOLD 134.10 EXIT AT COST 134.10 CMP IS 134.20 |
MCX |
| 02/06/2016 03:30pm |
US Non-Farm Payrolls as well as unemployment rate data is scheduled for release later in the evening and can have impact on the direction of metals, especially with regards to volatility. As such trade carefully maintaining stops on all positions. |
MCX |
| 03/06/2016 1:45pm |
EUR ZONE Final Services PMI 53.3 VS 53.1. DATA IS LOW IMPACTED |
MCX |
| 03/06/2016 01:44pm |
Daily LME stock is as follows: Aluminium down by -7450MT, Copper up by 150MT, Lead unchanged, Nickel down by -2892MT & Zinc up by 2100MT. |
MCX |
| 03/06/2016 01:28pm |
EUR ZONE German Final Services PMI 55.2 VS 55.2 DATA REMAINS UNCHANGED |
MCX |
| 03/06/2016 01:03pm |
ZINC MINI SELL 134.10 STOPLOSS 135.20 TARGET 132.80/132 DISCLAIMER |
MCX |
| 03/06/2016 10:53m |
10:00pm USD FOMC Member Brainard Speaks |
MCX |
| 03/06/2016 10:46am |
Today US Datas: Employment Situation 06:00 pm, International Trade 6:00pm, PMI Services Index 07:15 pm, Factory Orders 7:30 pm, ISM Non-Mfg Index 07:30 pm. |
MCX |
| 03/06/2016 10:45am |
Nickel trading range for the day is 564-577.8. Nickel prices dropped amid expectations of slower seasonal demand in top consumer China, where there is a surplus. U.S. private employers increased hiring in May and new applications for jobless benefits fell last week, further boosting the economic outlook In news, Chinas new home prices rose further in May, while global manufacturing activity remained stuck in a rut last month. Warehouse stock for Nickel at LME was at 400008mt that is down by -1500mt. |
MCX |
| 03/06/2016 10:35am |
Silver trading range for the day is 38303-38723. Silver little changed as the dollar turned positive after the ECB said it made only marginal upward adjustments to its inflation projections. U.S. private employers increased hiring in May and new applications for jobless benefits fell last week, further boosting the economic outlook for the second quarter. Holdings at ishares silver trust gained by 0.46% i.e. 48.52 tonnes to 10491.18 tonnes from 10442.66 tonnes. Market players now looked ahead to Fridays US nonfarm payrolls report, a solid readings could further heighten expectations for a rate hike. |
MCX |
| 03/06/2016 10:23am |
Crudeoil trading range for the day is 3207-3385. Crude recovered as support seen as a sharp decline in crude inventories offset a widely expected decision by OPEC to leave its production ceiling unchanged. Energy Information Administration said in its weekly report that crude oil inventories fell by 1.366 million barrels in the week ended May 27. Crude prices hit session-lows after OPEC ended its semi-annual meeting in Vienna without making any adjustments to its production ceiling. Iran refused to cooperate with requests to limit production as it attempts to make up for years of harsh sanctions. |
MCX |
| 03/06/2016 10:21pm |
Copper trading range for the day is 306.9-311.3. Copper settled down facing a 2 percent weekly drop as a stronger dollar and ebbing seasonal demand from top consumer China undermined prices. ECB President Mario Draghi said inflation would likely remain very low or negative in the next few months. The total net long position of funds trading copper on the LME rose to 25,404 lots on May 27 from 24,919 lots the previous Friday, an LME report showed. Warehouse stock for Copper at LME was at 153525mt that is down by -825mt. |
MCX |
| 03/06/2016 10:20pm |
Aluminium trading range for the day is 101.7-107.5. Aluminium dropped as prices failed to sustain their April gains despite the large boost to Chinese credit growth early this year. The latest data releases on Chinese trade, production, investment and credit suggest that the economys burst of life is unlikely to last. Aluminum daily stocks at Shanghai exchange came down by 2225 tonnes. Warehouse stock for Aluminium at LME was at 2515675mt that is down by -4500mt. |
MCX |
| 03/06/2016 09:59pm |
Nickel trading range for the day is 564-577.8. Nickel prices dropped amid expectations of slower seasonal demand in top consumer China, where there is a surplus. U.S. private employers increased hiring in May and new applications for jobless benefits fell last week, further boosting the economic outlook In news, Chinas new home prices rose further in May, while global manufacturing activity remained stuck in a rut last month. Warehouse stock for Nickel at LME was at 400008mt that is down by -1500mt. |
MCX |
| 03/06/2016 09:58pm |
Gold trading range for the day is 28688-29126. Gold inched down amid a relatively flat dollar, as the ECB and OPEC ended without enacting any major policy changes. Fed have been hesitant to lift rates as the ECB and the Bank of Japan continue to maintain a negative interest rate policy. Holdings in SPDR Gold Trust, rose 0.51 percent to 875.20 tonnes on Thursday from 870.74 tonnes on Wednesday, the highest since October 2013. The steady stream of upbeat data suggest the economy is regaining momentum after growth slowed sharply at the start of the year |
MCX |
No comments:
Post a Comment