Friday, June 3, 2016

Commodity Online News and Calls


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

EQUITY TRADING CALLS

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