Commodity on-line news and calls

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DATE	PARTICULARS	SEGMENTS
16/06/2016 01:23pm	Crude oil dropped amid nervousness ahead of the UK Brexit referendum, and as US crude reserves shrank less than expected.	MCX
16/06/2016 01:22pm	The Bank of Japan kept monetary policy steady on Thursday even as sluggish global growth and anemic inflation put policymakers under pressure to do more to reflate the economy out of stagnation, bolstering the yen.	MCX
16/06/2016 01:19pm	USDINR Reference Rate for Today is Rs.67.2068 EURINR Reference Rate for Today is Rs.75.8160 GBPINR Reference Rate for Today is Rs.95.2388 JPYINR Reference Rate for Today is Rs.64.5500	CURRENCY
16/06/2016 01:13pm	BUY CRUDEOIL AT 3180 STOPLOSS 3140 TARGET 3200/3210 CMP 3180 DISCLAIMER	MCX
16/06/2016 11:07am	Today US Datas: Consumer Price Index 06:00 PM,Jobless Claims 06:00 PM,Philadelphia Fed Business Outlook Survey 06: 00 PM, Current Account 06:00 PM,Bloomberg Consumer Comfort Index 07:15 PM,Housing Market Index 07:30 PM,EIA Natural Gas Report 08:00 PM.	MCX
16/06/2016 11:00am	FOMC Meeting Announcement: Prior 0.25 to 0.50 % ,Consensus Range 0.25 % to 0.50 % ,Actual 0.25 to 0.50 %	MCX
16/06/2016 10:05am	Naturalgas trading range for the day is 172.4-178.4. Naturalgas traded in the range as traders are waiting for weekly inventory that is expected to show a heavy stockpiles which may continue to limit rallies. Stockpiles typically build this time of year when production is strong and there is no demand for gas-fired heat. Updates from MDA Weather Services keep showing unseasonably warm temperatures stretching deeper into June. Stockpiles likely grew last week to 3 trillion cubic feet, 26% above levels from a year ago and 30% above the five-year average for the same week	MCX
16/06/2016 10:05pm	Aluminium trading range for the day is 106.7-109.9. Aluminium hit its highest level in nearly six weeks as the dollar dipped and investors bought more risky assets ahead of a Federal Reserve meeting. Aluminium stocks at three major Japanese ports stood at 337,200 tonnes at the end of May, up 3.8 percent from a month earlier. LME data showed one entity held 40-50 percent of short-term aluminium futures. Warehouse stock for Aluminium at LME was at 2458850mt that is down by -2475mt.	MCX
16/06/2016 10:05am	Nickel trading range for the day is 590.1-620.5. Nickel saw some upside with LME nickel traded above $8,800 per metric ton, despite the fact that a major supply disruption was avoided. Workers at Colombia’s Cerro Matoso nickel mine reached an eleventh hour, averting a supply disruption at one of the world’s largest ferronickel mines. LME Nickel prices remain below $9,000 per metric ton, not far off of the 13-year low of $7,580 per ton they hit in February. Warehouse stock for Nickel at LME was at 389136mt that is down by -1524mt.	MCX
16/06/2016 10:05am	Zinc trading range for the day is 132.8-139.8.Zinc prices rallied on the back of worries about potential shortages.Official industrial production in China, rose 6 percent from a year earlier in May, matching estimates. Business activity in the manufacturing sector in New York surprisingly rebounded from contraction in June, a survey showed.Warehouse stock for Zinc at LME was at 383200mt that is down by -875mt.	MCX
16/06/2016 10:05am	Copper trading range for the day is 300.6-319.6.Copper rose on evidence that Chinese growth is stabilizing and as concern over a buildup in metal stockpiles eased. The Fed kept interest rates unchanged and said slower economic growth would crimp the pace of monetary policy tightening in future years.Money managers cut their bullish copper bets to a four-month low in London last week, when stockpiles surged the most in a decade.Warehouse stock for Copper at LME was at 202150mt that is down by -1125mt.	MCX
16/06/2016 10:05am	Crudeoil trading range for the day is 3164-3306.Crude oil prices fell following a lower than expected draw on U.S. stockpiles and amid worries Britain might leave the European Union.U.S. crude stocks fell last week, the government said, but the decline was much smaller than anticipated, while gasoline stocks decreased sharply.Crude inventories fell by 933,000 barrels in the last week, the U.S. EIA reported, less than half the 2.3 million barrel decrease expected.At 531.5 million barrels, U.S. crude oil inventories are at historically high levels for this time of year.	MCX
16/06/2016 10:05am	Silver trading range for the day is 41203-41771.Silver remained in range as market awaited the U.S. Feds policy statement amid concerns about a potential British exit from the European Union.The Federal Open Market as expected, left the target range of its benchmark Federal Funds Rate unchanged at a level between 0.25 and 0.50%. The Committee currently expects that, with gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace A referendum on June 23 by Britain to leave the 28-member EU, dubbed Brexit, could tip Europe back into a recession, putting more pressure on the global economy.	MCX
16/06/2016 10:05am	Gold trading range for the day is 30208-30638.Gold prices were little changed as investors looked ahead to the conclusion of the Fed meeting and the U.K. vote on whether to leave the European UnionThe Fed kept said it kept interest rates unchanged as expected but signalled it still plans two rate increases this year.SPDR gold trust holdings gained by 0.23% i.e. 2.08 tonnes to 900.75 tonnes from 897.67 tonnes. US wholesale prices got a boost from more expensive energy and a sharp rebound in volatile trade margins, but without those effects, inflation pressure seemed quite tame.	MCX