Weekly Commodity Report (26 th -Nov-2018)

Size: px
Start display at page:

Download "Weekly Commodity Report (26 th -Nov-2018)"

Transcription

1 (26 th -Nov-2018) 1

2 26 th -Nov-2018 MCX GOLD Daily Chart GOLD Commentary Fundamental News: The first gold coins appeared around 560 B.C. Over time it became a practice to store larger amounts of gold in warehouses. Paper receipts were issued certifying that the gold was on deposit. Technical Outlook: Gold has witnessed a negative bias with positional support in between to level. So, Buy above with TGT & SL or else Short near with TGT & SL R R R S S S MCX SILVER Daily Chart Data to Watch: US CB Consumer Confidence, US FOMC Member Bostic Speaks, US Prelim GDP q/q, US Fed Chair Powell Speaks, ALL G20 Meetings, CANADA Current Account, US Core PCE Price Index m/m, US Personal Spending m/m, US Unemployment Claims, US FOMC Meeting Minutes, CHINA Manufacturing PMI, CHINA Non- Manufacturing PMI, CANADA GDP m/m, CANADA RMPI m/m, US FOMC Member Williams Speaks, US Chicago PMI. SILVER Commentary Fundamental News: The major silver miners stocks have been largely abandoned this year, spiraling to brutal multi-year lows. Such miserable technicals have exacerbated the extreme bearishness plaguing this tiny contrarian sector. While profitable silver mining is challenging at today s exceedingly-low silver prices, these miners are chugging along. Their recently-reported Q3 18 results show their earnings are ready to soar as silver recovers. Technical Outlook: Silver has witnessed a negative range bound trade. Go long above with TGT of & and maintain SL of or else Sell near with TGT & and keep SL of level. R R R S S S Data to Watch: US CB Consumer Confidence, US FOMC Member Bostic Speaks, US Prelim GDP q/q, US Fed Chair Powell Speaks, ALL G20 Meetings, CANADA Current Account, US Core PCE Price Index m/m, US Personal Spending m/m, US Unemployment Claims, US FOMC Meeting Minutes, CHINA Manufacturing PMI, CHINA Non- Manufacturing PMI, CANADA GDP m/m, CANADA RMPI m/m, US FOMC Member Williams Speaks, US Chicago PMI. 2

3 MCX CRUDE OIL Daily Chart CRUDE OIL Commentary Fundamental News: The short version is that oil prices are a reflection of supply and demand. Global demand has already been falling for the last several months and oil prices are now waking up that reality. Technical Outlook: Crude Oil has remains in under selling pressure. Go long above 3894 With TGT of 4005 & 4141 and keep Sl of 3783 or else short near 3673 with TGT of 3562 & 3426 and keep stop loss of R R R S S S MCX NATURAL GAS Daily Chart Data to Watch: US CB Consumer Confidence, US FOMC Member Bostic Speaks, US Prelim GDP q/q, US Crude Oil Inventories, US Fed Chair Powell Speaks, ALL G20 Meetings, CANADA Current Account, US Personal Spending m/m, US Unemployment Claims, US FOMC Meeting Minutes, CHINA Manufacturing PMI, CANADA GDP m/m, CANADA RMPI m/m, US FOMC Member Williams Speaks, US Chicago PMI. NATURAL GAS Commentary Fundamental News: Natural gas markets continue to be very volatile, after seeing so much in the way of gains over the last couple of weeks. We are going to finish the week with a less than impressive bullish tone, and I think it s only a matter of time before we see this market completely rollover. Technical Outlook: R R R Natural Gas has witnessed a high volatility trade and also positive bias has remains in this counter. Until close below 285 level. Go long above with TGT of & and Keep SL of level or else Go Short below with TGT of & and keep stop loss of Data to Watch: US Natural Gas Storage. S S S

4 MCX COPPER Daily Chart COPPER Commentary Fundamental News: Copper s 12,059 lots a close second. Across the afternoon however, selling pressure began to mount across base metals. Technical Outlook: Copper has witnessed a negative range bound trade. So, go long above with TGT of & and maintain Stop loss of or else go short near with TGT & and keep sl of level. R R R S S S MCX ALUMINIUM Daily Chart Member Bostic Speaks, GBP Bank Stress Test Results, US Prelim GDP q/q, US Fed Chair Powell Speaks, ALL G20 Meetings, EUR German Prelim CPI m/m, US Core PCE Price Index m/m, US Personal Spending m/m, US Unemployment Claims, US FOMC Meeting Minutes, CHINA Manufacturing PMI, EUR CPI Flash Estimate y/y, EUR Core CPI Flash Estimate y/y, US FOMC Member Williams Speaks, US Chicago PMI. ALUMINIUM Commentary Fundamental News: QME made its debut in October this year when it launched a spot domestic alumina price. But liquidity has been slow to build up and few alumina market participants in China are using the spot platform. Technical Outlook: Aluminium has witnessed a tight negative range bound trade. So, go short near with TGT of & keep SL of & Go long above with TGT of & and keep Sl of R R R S S S3 133 Member Bostic Speaks, GBP Bank Stress Test Results, US Prelim GDP q/q, US Fed Chair Powell Speaks, ALL G20 Meetings, EUR German Prelim CPI m/m, US Core PCE Price Index m/m, US Personal Spending m/m, US Unemployment Claims, US FOMC Meeting Minutes, CHINA Manufacturing PMI, EUR CPI Flash Estimate y/y, EUR Core CPI Flash Estimate y/y, US FOMC Member Williams Speaks, US Chicago PMI. 4

5 26 21 th st -Nov May-2018 MCX LEAD Daily Chart LEAD Commentary Technical Outlook: Lead has witnessed a momentum trade. So, go short near with TGT of & and keep SL of Member Bostic Speaks, GBP Bank Stress Test Results, US Prelim GDP q/q, US Fed Chair Powell Speaks, ALL G20 Meetings, EUR German Prelim CPI m/m, US Core PCE Price Index m/m, US Personal Spending m/m, US Unemployment Claims. R R R S S S MCX ZINC Daily Chart ZINC Commentary Technical Outlook: Zinc has witnessed a high volatility trade. So, short near with TGT of & and SL of Member Bostic Speaks, GBP Bank Stress Test Results, US Prelim GDP q/q, US Fed Chair Powell Speaks, ALL G20 Meetings, EUR German Prelim CPI m/m, US Core PCE Price Index m/m. MCX NICKEL Daily Chart R R R S S S NICKEL Commentary Technical Outlook: Nickel has witnessed a support near 740 range. So, go short near with TGT of & 740 SL of level. Member Bostic Speaks, GBP Bank Stress Test Results. R R R S S2 740 S

6 Weekly MCX COMMODITY CHANGE Indices Close Change % GOLD SILVER CRUDE OIL NATURAL GAS COPPER ALUMINIUM LEAD ZINC NICKEL ECONOMIC CALENDER Country Economic Event Forecast Previous Date &Time JAPAN Current Account 0.23T -0.78T 9th June (5.20 AM) JAPAN Final GDP q/q 1.4% 1.5% 9th June (5.20 AM) CANADA Housing Starts 185K 195K 9th June (5.45 PM) AUD RBA Gov Stevens Speaks - - 9th June (9.00 PM) GBP BRC Retail Sales Monitor y/y - 4.2% 10th June (4.31 AM) JAPAN Tertiary Industry Activity m/m -3.3% 2.4% 10th June (5.20 AM) AUD Home Loans m/m 0.3% -0.9% 10th June (7.00 AM) CHINA CPI y/y 2.4% 1.8% 10th June (7.00 AM) CHINA PPI y/y -1.5% -2.0% 10th June (7.00 AM) EUR French Industrial Production m/m 0.3% -0.7% 10th June (12.15 PM) CHINA New Loans 750B 775B 10th 14th June GBP Manufacturing Production m/m 0.4% 0.5% 10th June (2.00 PM) Source : Forex Factory 6

7 Source : Forex Factory ECONOMIC CALENDER 7

8 Source : Forex Factory ECONOMIC CALENDER 8

9 RESEARCHED & PREPARED BY B.KESAVAMOORTHY SENIOR RESEARCH MANAGER ID: CONTACT NO: Disclaimer LAL S This report is for the personal information of the authorized recipient and is not for public distribution The information provided in the document is from information /data. available in public domain and other sources, which we believe, are reliable. We have made our best efforts to try and ensure accuracy of data however, Sky Commodities and/or any of its affiliates and/or employees shall not liable for resultant loss or damage that may arise from use of this document Sky Commodities and/or any of its affiliates and/or employees may or may not hold positions in any of the securities mentioned in the document. Investors should not solely rely on the information contained in this document and must make investment decisions based on their own investment objectives, risk appetite, investment horizon, financial strength or other parameter. The recipients of this material should take their own professional advice or consult your SEBI registered Investment Adviser for your specific Investment related advice/requirements and/or before acting on this information. The report also includes analysis and views expressed by our research team. The report is purely for information purposes and does not construe to be investment recommendation/advice or an offer or solicitation of an offer to buy/sell any securities. The opinions expressed are our current opinions as of the date appearing in the material and may be subject to change from time to time without notice. This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to local law, regulation or which would subject Sky Commodities and affiliates to any registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restriction. 9

Weekly Commodity Report (31 st -Dec-2018)

Weekly Commodity Report (31 st -Dec-2018) (31 st -Dec-2018) 1 31 st -Dec-2018 MCX GOLD Daily Chart GOLD Commentary Fundamental News: Gold futures tip lower early Friday as volatile stock markets calmed down for now, but the haven metal remained

More information

Weekly Commodity Report (27 th -Nov-2017)

Weekly Commodity Report (27 th -Nov-2017) () 1 MCX GOLD Daily Chart GOLD Commentary Fundamental News: Gold prices fell on Friday as investors appeared to take profit on recent gains, while German geopolitical uncertainty eased supporting an uptick

More information

Weekly Commodity Report (28 th -Jan-2019)

Weekly Commodity Report (28 th -Jan-2019) (28 th -Jan-2019) 1 28 th -Jan-2019 MCX GOLD Daily Chart GOLD Commentary Fundamental News: Gold touched the lows of January early in the week but has bounced back and is now at the best levels since last

More information

Weekly Commodity Report (7 th -May-2018)

Weekly Commodity Report (7 th -May-2018) () 1 MCX GOLD Daily Chart GOLD Commentary Fundamental News: The price of gold has been feeling the pressure lately from a stronger U.S. dollar, which is at a four-month high, and rising Treasury yields.

More information

Weekly Commodity Report (18 th -Feb-2019)

Weekly Commodity Report (18 th -Feb-2019) (18 th -Feb-2019) 1 18 th -Feb-2019 MCX GOLD Daily Chart GOLD Commentary Fundamental News: Gold is at an inflection point as traders muse over what's more important to the market -- a U.S.-China trade

More information

Weekly Commodity Report (11 th -JUNE-2018)

Weekly Commodity Report (11 th -JUNE-2018) () 1 MCX GOLD Daily Chart GOLD Commentary Fundamental News: Gold prices look likely to remain vulnerable ahead of the upcoming Federal Reserve meeting on Wednesday, when it is widely expected to raise

More information

Weekly Commodity Report (7 th -Jan-2019)

Weekly Commodity Report (7 th -Jan-2019) (7 th -Jan-2019) 1 7 th -Jan-2019 MCX GOLD Daily Chart GOLD Commentary Fundamental News: Gold hit its much-awaited $1,300 target Friday, triggering an equally anticipated profit-taking raid that allows

More information

Weekly Commodity Report (13 th -Nov-2017)

Weekly Commodity Report (13 th -Nov-2017) () 1 MCX GOLD Daily Chart GOLD Commentary Fundamental News: Gold prices fell sharply on Friday but remained on track to snap three to three-week losing streak amid dollar weakness. Technical Outlook: Gold

More information

Weekly Commodity Report (29 th -Jan-2018)

Weekly Commodity Report (29 th -Jan-2018) () 1 MCX GOLD Daily Chart GOLD Commentary Fundamental News: Gold prices were hovering near after four-month highs on Thursday, propelled higher by a weaker dollar, which hit fresh three-year lows after

More information

Weekly Commodity Report (15 th -Oct-2018)

Weekly Commodity Report (15 th -Oct-2018) (15 th -Oct-2018) 1 15 th -Oct-2018 MCX GOLD Daily Chart GOLD Commentary Fundamental News: This week precious metals traders will see whether gold s surge higher can be sustained after a rout in global

More information

Weekly Commodity Report (12 th -Nov-2018)

Weekly Commodity Report (12 th -Nov-2018) (12 th -Nov-2018) 1 12 th -Nov-2018 MCX GOLD Daily Chart GOLD Commentary Fundamental News: Gold's key support of $1,200 could also be under attack, with investors seeing little upside for the yellow metal

More information

Weekly Commodity Report (22 nd -Oct-2018)

Weekly Commodity Report (22 nd -Oct-2018) (22 nd -Oct-2018) 1 22 nd -Oct-2018 MCX GOLD Daily Chart GOLD Commentary Fundamental News: Gold prices settled a touch lower on Friday on profit-taking from recent gains, but a weaker dollar and geopolitical

More information

Morning Newsletter (7 th Dec- 2018)

Morning Newsletter (7 th Dec- 2018) (7 th Dec- 2018) 1 Precious Metals 7 th -Dec-2018 MCX GOLD Daily Chart GOLD Commentary Gold prices were flat on Thursday after the arrest of a top executive at China-based Huawei Technologies sparked worries

More information

Morning Newsletter (28 th Sep- 2018)

Morning Newsletter (28 th Sep- 2018) (28 th Sep- 2018) 1 Precious Metals 28 th -Sep-2018 MCX GOLD Daily Chart GOLD Commentary Gold prices dipped below the psychologically important $1,200 level on Thursday, finding little support after the

More information

Morning Newsletter (11 th Oct- 2018)

Morning Newsletter (11 th Oct- 2018) (11 th Oct- 2018) 1 Precious Metals 11 th -Oct-2018 MCX GOLD Daily Chart GOLD Commentary Gold prices were largely unchanged Wednesday as investors grappled with rising U.S. interest rates, although the

More information

Morning Newsletter (3 rd Aug- 2018)

Morning Newsletter (3 rd Aug- 2018) (3 rd Aug- 2018) 1 Precious Metals 3 rd -Aug-2018 MCX GOLD Daily Chart GOLD Commentary Gold prices were down on Thursday as the dollar strengthened amid trade worries. Buy GOLD above 29667 TGT 29702 /

More information

id: Toll Free:

id: Toll Free: Weekly Market Reflection Gold Prices at 3-1/2 Week Highs as U.S. Dollar Tumbles COMDEX 19 th Feb to 23 rd Feb 2018 Gold prices were hovering at three-and-a-half week highs on Friday, as concerns over the

More information

BULLIONS WEEKLY TECHNICAL LEVELS GOLD(APRIL) MCX WEEKLY CHART

BULLIONS WEEKLY TECHNICAL LEVELS GOLD(APRIL) MCX WEEKLY CHART BULLIONS WEEKLY TECHNICAL LEVELS GOLD(APRIL) MCX WEEKLY CHART MCX Gold JUNE contract, showed upside movement this week and made a weekly high of 33617 and low of 32600 due to rise in dollar index and global

More information

BULLIONS WEEKLY TECHNICAL LEVELS GOLD(APRIL) MCX WEEKLY CHART

BULLIONS WEEKLY TECHNICAL LEVELS GOLD(APRIL) MCX WEEKLY CHART BULLIONS WEEKLY TECHNICAL LEVELS GOLD(APRIL) MCX WEEKLY CHART MCX Gold April contract, showed upside movement this week and made a weekly high of 33410 and weekly low of 32805. This week gold closed above

More information

26-30 Nov.2018 COMMODITY WEEKLY REPORT Nov.2018

26-30 Nov.2018 COMMODITY WEEKLY REPORT Nov.2018 COMMODITY REPORT Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: info@tradenivesh.in COMMODITIES PREVIOUS WEEKS MOVEMENT(19-23

More information

08-12 Oct.2018 COMMODITY WEEKLY REPORT OCTOBER 2018

08-12 Oct.2018 COMMODITY WEEKLY REPORT OCTOBER 2018 COMMODITY REPORT 08-12 Oct.2018 Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: info@tradenivesh.in COMMODITIES PREVIOUS WEEKS

More information

COMMODITY DAILY. Global Market Round Up. Commodity Research - Alpha Commodity Pvt Ltd. As on Friday, April 28, 2017

COMMODITY DAILY. Global Market Round Up. Commodity Research - Alpha Commodity Pvt Ltd. As on Friday, April 28, 2017 Global Market Round Up Commodities traded lower with Bullion declined in evening session on stronger dollar on US tax reforms. Crude oil prices traded lower after steady trading session on supply overhang

More information

14-18 Jan COMMODITY WEEKLY REPORT Jan.2019

14-18 Jan COMMODITY WEEKLY REPORT Jan.2019 COMMODITY REPORT 14-18 Jan. 2019 Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: info@tradenivesh.in COMMODITIES PREVIOUS WEEKS

More information

Premium Commodity Weekly Journal

Premium Commodity Weekly Journal Published On 04 Mar 2019 Research Analyst Report GOLD 32640 SILVER 38301 04 MAR 2019 to 08 MAR 2019 Premium Commodity Weekly Journal Strictly for Client Circulation Email: research@24cfin.com & contactus@24cfin.com

More information

11-15 Mar COMMODITY WEEKLY REPORT Mar.2019

11-15 Mar COMMODITY WEEKLY REPORT Mar.2019 COMMODITY REPORT 11-15 Mar. 2019 Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: info@tradenivesh.in COMMODITIES PREVIOUS WEEKS

More information

31 Dec Jan. 2019

31 Dec Jan. 2019 COMMODITY REPORT 31 Dec.2018-04 Jan. 2019 Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: info@tradenivesh.in COMMODITIES PREVIOUS

More information

COMMODITY WEEKLY REPORT

COMMODITY WEEKLY REPORT COMMODITY REPORT 5 FEB-9 Feb 2018 Monday - Friday Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: info@tradenivesh.in COMMODITIES

More information

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 03 RD NOV 2017

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 03 RD NOV 2017 COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 03 RD NOV 2017 In Yesterday s Session Bullion pared early gains and by end of session price got stable near previous close. Gold climbed up to 29370 but later

More information

18-22 June 2018 COMMODITY WEEKLY REPORT. 16thAPR-20th APR

18-22 June 2018 COMMODITY WEEKLY REPORT. 16thAPR-20th APR COMMODITY REPORT 18-22 June 2018 Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: info@tradenivesh.in COMMODITIES PREVIOUS WEEKS

More information

COMMODITY DAILY. Global Market Round Up. Commodity Research - Alpha Commodity Pvt Ltd. As on Wednesday, March 15, 2017

COMMODITY DAILY. Global Market Round Up. Commodity Research - Alpha Commodity Pvt Ltd. As on Wednesday, March 15, 2017 Global Market Round Up Commodities traded lower on Tuesday with Bullion continued selling on growing optimism of Fed rate hike; Base metals traded weak witnessing heavy selling on easing worries of supply

More information

CMS Prime DAILY MARKET REPORT

CMS Prime DAILY MARKET REPORT CMS Prime DAILY MARKET REPORT May 1,5 2018 EURUSD BEARISH BIAS short position at 1.1935 with SL : 1.1960 and with targets at 1.1910 and 1.1890 long position at 1.1960 with SL : 1.1910 and with targets

More information

Premium Commodity Weekly Journal

Premium Commodity Weekly Journal Published On 12 Jan 2019 Research Analyst Report 14 JAN 2019 to GOLD 31917 18 JAN 2019 SILVER 39336 Premium Commodity Weekly Journal Strictly for Client Circulation Email: research@24cfin.com & contactus@24cfin.com

More information

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 28 TH FEB 2018

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 28 TH FEB 2018 COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 28 TH FEB 2018 In Yesterday s Session Bullion slipped in later half yesterday after comments by new Federal Reserve Chairman Jerome Powell pushed the U.S.

More information

18-22 Feb COMMODITY WEEKLY REPORT Feb.2019

18-22 Feb COMMODITY WEEKLY REPORT Feb.2019 COMMODITY REPORT 18-22 Feb. 2019 Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: info@tradenivesh.in COMMODITIES PREVIOUS WEEKS

More information

Nivesh Monthly Dollar/Rupee Outlook

Nivesh Monthly Dollar/Rupee Outlook Nivesh Monthly Dollar/Rupee Outlook 3 January, 2018 Currency LTP Chg% MoM Chg % Yoy USDINR 63.92-0.79-5.93 EURINR 76.38-0.13 6.88 GBPINR 86.06-0.84 2.64 JPYINR 56.72-1.29-2.86 DX 91.99-1.05-10.07 EURUSD

More information

22-26 Oct.2018 COMMODITY WEEKLY REPORT OCTOBER 2018

22-26 Oct.2018 COMMODITY WEEKLY REPORT OCTOBER 2018 COMMODITY REPORT 22-26 Oct.2018 Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: info@tradenivesh.in COMMODITIES PREVIOUS WEEKS

More information

05 th July Market Outlook. id: For our next Toll calls Free: click COMDEX

05 th July Market Outlook.   id: For our next Toll calls Free: click COMDEX Daily Market Reflection 05 th July 2018 Market Outlook COMDEX MCX Gold price keeps providing the positive trading today, on its way for a potential test to the key resistance 30650; we will keep our overall

More information

Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore (M.P.) India Mobile :

Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore (M.P.) India Mobile : Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: info@tradenivesh.in Telephone :+91-731-698.3000 Gold Weekly Wrap Up OPEN 29587

More information

04 th July Market Outlook. id: For our next Toll calls Free: click COMDEX

04 th July Market Outlook.   id: For our next Toll calls Free: click COMDEX Daily Market Reflection 04 th July 2018 Market Outlook COMDEX MCX Gold price trades positively now to test the broken support of the bearish channel, the price needs to settle below 30500 level to guarantee

More information

Weekly Market Reflection

Weekly Market Reflection Weekly Market Reflection 20 th August to 24 th August 2018 Market Outlook USDINR On Thurday, against the US dollar, the Indian Rupee plunged to a record low of 70.4925 with market participants sentiments

More information

[ ] WEEKLY CHANGES AGAINST THE USD. » The Bank of England raised its benchmark interest rate to its highest level in MACRO & MARKET COMMENTARY

[ ] WEEKLY CHANGES AGAINST THE USD. » The Bank of England raised its benchmark interest rate to its highest level in MACRO & MARKET COMMENTARY August 06, 2018 [ ] MACRO & MARKET COMMENTARY» The Bank of England raised its benchmark interest rate to its highest level in almost a decade. Raising the interest rate is suggesting that inflation continues

More information

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 13 TH DEC 2017

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 13 TH DEC 2017 COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 13 TH DEC 2017 In Friday s Session Bullion continued with its bearish trend where Gold remained at five month low as investors continued to focus on the US

More information

Friday, August 12, 2016 MAJOR COMMODITIES. News & Development. For Private Circulation Only

Friday, August 12, 2016 MAJOR COMMODITIES. News & Development. For Private Circulation Only Friday, August 12, 2016 For Private Circulation Only MAJOR COMMODITIES Commodity Expiry High Low Close Change Commodity Expiry High Low Close ($) Change Gold 05-Oct 31492 31262 31327-66 Gold (Oz) Oct 1350.40

More information

[ ] WEEKLY CHANGES AGAINST THE USD

[ ] WEEKLY CHANGES AGAINST THE USD February 26, 2018 [ ] MACRO & MARKETS COMMENTARY» Federal Reserve officials see the economic growth and the acceleration of inflation as a good signal to continue to raise interest rate gradually over

More information

WEEKLY LATEST UPDATES

WEEKLY LATEST UPDATES WEEKLY LATEST UPDATES Gold bulls weathered rising U.S. interest rates, record-high equity markets and an improving global economy to push the metal to its best year since 2010 Bullion futures on the Comex

More information

[ ] WEEKLY CHANGES AGAINST THE USD

[ ] WEEKLY CHANGES AGAINST THE USD February 19, 2018 [ ] MACRO & MARKETS COMMENTARY» Last week, Global stock markets witnessed one of their best weeks in almost six years after two consecutive weeks in the red. The last week rally was mainly

More information

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 12 TH JAN 2018

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 12 TH JAN 2018 COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 12 TH JAN 2018 In Yesterday s Session Bullion remained flat to negative in yesterday s session. Prices eased as investors debated the prospect of China trimming

More information

COMMODITY WEEKLY REPORT

COMMODITY WEEKLY REPORT COMMODITY REPORT 2017 Monday-Friday Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: info@tradenivesh.in Telephone :+91-731-698.3000

More information

20-24 Aug.2018 COMMODITY WEEKLY REPORT August 2018

20-24 Aug.2018 COMMODITY WEEKLY REPORT August 2018 COMMODITY REPORT 20-24 Aug.2018 Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: info@tradenivesh.in COMMODITIES PREVIOUS WEEKS

More information

Metals and Energy MARKET WATCH. April

Metals and Energy MARKET WATCH. April 1 MARKET WATCH COMMODITY LAST OPEN HIGH LOW NETCHG PERCCHG VOL OI CHICAGO MERCANTILE EXCHANGE - COMEX SPOT GOLD 1,320.80 1,317.80 1,321.90 1,316.30 2.90 0.22% - - GOLD FUTURES 1,319.97 1,316.99 1,321.08

More information

WEEKLY CHANGES AGAINST THE USD MACRO & MARKETS COMMENTARY

WEEKLY CHANGES AGAINST THE USD MACRO & MARKETS COMMENTARY July 10, 2017 [ W E E K LY E C O N O M I C C O M M E N TA R Y ] WEEKLY ANALYSIS FOR THE MOST CRITICAL ECONOMIC AND FINANCIAL DEVELOPMENTS MACRO & MARKETS COMMENTARY» The minutes of FOMC meeting in June

More information

15 th March Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas Guar seed Castor seed. Bullion. Base Metal. Energy.

15 th March Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas Guar seed Castor seed. Bullion. Base Metal. Energy. 15 th March 2018 Bullion Base Metal Energy Agro Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas Guar seed Castor seed On the daily chart MCX Gold price has given rising wedge breakdown

More information

WEEKLY CHANGES AGAINST THE USD MACRO & MARKETS COMMENTARY

WEEKLY CHANGES AGAINST THE USD MACRO & MARKETS COMMENTARY July 31, 2017 [ W E E K LY E C O N O M I C C O M M E N TA R Y ] WEEKLY ANALYSIS FOR THE MOST CRITICAL ECONOMIC AND FINANCIAL DEVELOPMENTS MACRO & MARKETS COMMENTARY» Federal Open Market Committee (FOMC)

More information

[ ] WEEKLY CHANGES AGAINST THE USD

[ ] WEEKLY CHANGES AGAINST THE USD February 12, 2018 [ ] MACRO & MARKETS COMMENTARY» In the early hours of last Friday, U.S Congress approved a major budget deal that opens the door for more increase in defense and non-defense spending

More information

WEEKLY CHANGES AGAINST THE USD MACRO & MARKETS COMMENTARY

WEEKLY CHANGES AGAINST THE USD MACRO & MARKETS COMMENTARY July 17, 2017 [ W E E K LY E C O N O M I C C O M M E N TA R Y ] WEEKLY ANALYSIS FOR THE MOST CRITICAL ECONOMIC AND FINANCIAL DEVELOPMENTS MACRO & MARKETS COMMENTARY» The Federal Reserve (FED) might be

More information

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 30 TH AUGUST 2018

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 30 TH AUGUST 2018 COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 30 TH AUGUST 2018 In Yesterday s Session Bullion edged up in Wednesday s session as fund managers bet prices would find short-term support at psychological

More information

WEEKLY COMMODITY REPORT 01ST JUNE TO 05TH JUNE 2015

WEEKLY COMMODITY REPORT 01ST JUNE TO 05TH JUNE 2015 BULLIONS WEEKLY TECHNICAL LEVELS GOLD(AUGUST) MCX WEEKLY CHART TRADING STRATEGY: MCX Gold JUNE contract during this week as expected stuck at the resistance zone of 27270 levels & made new weekly low of

More information

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 09 TH MAY 2018

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 09 TH MAY 2018 COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 09 TH MAY 2018 In Yesterday s Session Bullion was in negative territory as dollar surged to a new 2018 high against its rivals, though losses were limited

More information

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 12 TH JULY 2018

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 12 TH JULY 2018 COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 12 TH JULY 2018 In Yesterday s Session Bullion, continues with Tuesday down trend as US dollar trade stronger after the Trump administration threatened to

More information

04-08 June 2018 COMMODITY WEEKLY REPORT. 16thAPR-20th APR

04-08 June 2018 COMMODITY WEEKLY REPORT. 16thAPR-20th APR COMMODITY REPORT 04-08 June 2018 Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: info@tradenivesh.in COMMODITIES PREVIOUS WEEKS

More information

26 th Oct Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Chana. Agro.

26 th Oct Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Chana. Agro. 26 th Oct 2018 Bullion Base Metal Energy Agro Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas Chana Soya Bean Gold futures closed flat Thursday, as strength in the U.S. dollar pushed

More information

WEEKLY CHANGES AGAINST THE USD

WEEKLY CHANGES AGAINST THE USD December 04, 2017 [ W E E K LY E C O N O M I C C O M M E N TA R Y ] WEEKLY ANALYSIS FOR THE MOST CRITICAL ECONOMIC AND FINANCIAL DEVELOPMENTS MACRO & MARKETS COMMENTARY» The U.S senate passed the long-awaited

More information

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 25 TH JAN 2018

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 25 TH JAN 2018 COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 25 TH JAN 2018 In Yesterday s Session Bullion moved up strongly in yesterday s session well supported by a weaker U.S. dollar languishing at three-year lows.

More information

Tuesday, January 30, 2018 MAJOR COMMODITIES. News & Development. For Private Circulation Only

Tuesday, January 30, 2018 MAJOR COMMODITIES. News & Development. For Private Circulation Only Tuesday, January 30, 2018 For Private Circulation Only MAJOR COMMODITIES Commodity Expiry High Low Close Change Commodity Expiry High Low Close ($) Change Gold Feb 30150 29980 30060-301 Gold (Oz) Feb 1351.40

More information

Research Analyst Report Premium Commodity Daily Journal

Research Analyst Report Premium Commodity Daily Journal Research Analyst Report Premium Commodity Daily Journal CARAT4 Strictly for Client Circulation G O L D 30038 S I L V E R 39386 +91-98261-69053 contactus@24cfin.com research@24cfin.com 604 - Shekhar Central,

More information

Premium Commodity Daily Journal

Premium Commodity Daily Journal Published On 22 JAN 2019 Research Analyst Report 22 GOLD 31,998 JAN 2019 SILVER 38,820 Premium Commodity Daily Journal Strictly for Client Circulation Email: research@24cfin.com & contactus@24cfin.com Market

More information

19-23 Nov.2018 COMMODITY WEEKLY REPORT Nov.2018

19-23 Nov.2018 COMMODITY WEEKLY REPORT Nov.2018 COMMODITY REPORT Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: info@tradenivesh.in COMMODITIES PREVIOUS WEEKS MOVEMENT(12-16

More information

January 4th, 2018 CURRENCIES USD/CAD AUD/USD USD/CHF. Market Watch

January 4th, 2018 CURRENCIES USD/CAD AUD/USD USD/CHF. Market Watch CURRENCIES USD/CAD I believe that this pair is going to continue to be rather choppy over the next couple of sessions, with the 1.25 level offering a bit of a floor. This is because we get jobs numbers

More information

[ ] WEEKLY CHANGES AGAINST THE USD

[ ] WEEKLY CHANGES AGAINST THE USD January 15, 2018 [ ] MACRO & MARKETS COMMENTARY» The European central bank (ECB) has indicated it should revisit its communication stance in early 2018, according to the ECB s minutes of December meeting

More information

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 18 TH JAN 2018

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 18 TH JAN 2018 COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 18 TH JAN 2018 In Yesterday s Session Bullion remained flat to negative in volatile session yesterday,s backing off its strongest level in around four months

More information

PULSE. Issue th Dec 2018

PULSE. Issue th Dec 2018 xdirect MARKET PULSE \ M O R N I N G - R E P O R T 07.12.2018 e USD/CHF CMP 0.99239 USD/CHF Resistance: trading at 1.3005 0.99239, - 1.3055 0.31% up since Thursday. The Swiss Franc The euro seemed pushed

More information

Premium Commodity Daily Journal. Strictly for Client Circulation

Premium Commodity Daily Journal. Strictly for Client Circulation Published On 07 MAR 2019 Research Analyst Report 07 MAR 2019 GOLD 31,931 38,228 SILVER Premium Commodity Daily Journal Strictly for Client Circulation Market Wrap Wed 06 Mar 2019 Scrip Name Contract Open

More information

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 06 TH JULY 2018

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 06 TH JULY 2018 COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 06 TH JULY 2018 In Yesterday s Session Bullion was trading weak ahead of minutes from the U.S. Federal Reserve's June policy meeting later in the day. The

More information

Energy Weekly. Exchange S3 S2 S1 R1 R2 R3 Mar- Crude oil - Nymex ($/bbl) MCX Crude oil Feb (Rs/bbl)

Energy Weekly. Exchange S3 S2 S1 R1 R2 R3 Mar- Crude oil - Nymex ($/bbl) MCX Crude oil Feb (Rs/bbl) Technical Recommendation:-Buy Exchange S3 S2 S1 R1 R2 R3 Mar- Crude oil - Nymex ($/bbl) 83.7 85.4 87.5 91.4 93.1 95.3 MCX Crude oil Feb (Rs/bbl) Nymex crude oil (April) 3853 392 3996 4139 426 4282 Buy

More information

Currency Report- Daily

Currency Report- Daily ASIA E.U U.S.A Currency Report- Daily Tuesday 14 Nov 2017 Global Market Overview High dividend-paying sectors including consumer staples and utilities saw rise in stock prices helping US indices move up

More information

28 th March Market Outlook. id: Toll Free:

28 th March Market Outlook.    id: Toll Free: Daily Market Reflection 31900 Market Outlook MCX Gold price was quite volataile on Wednesday. On upcoming session if price maintains above 32200 then again bullish scenario will active and it can also

More information

WEEKLY CHANGES AGAINST THE USD

WEEKLY CHANGES AGAINST THE USD October 09, 2017 [ W E E K LY E C O N O M I C C O M M E N TA R Y ] WEEKLY ANALYSIS FOR THE MOST CRITICAL ECONOMIC AND FINANCIAL DEVELOPMENTS MACRO & MARKETS COMMENTARY» The storm impacted job report showed

More information

DAILY COMMODITY REPORT

DAILY COMMODITY REPORT DAILY COMMODITY REPORT Epic Research India 411 Milinda Manor (Suites 409-417) 2 RNT Marg. Opp Cental Mall Indore (M.P.) Hotline: +91 731 664 2300 Or give us a missed call at 026 5309 0639 Our Presence

More information

Economic Data Release Calendar November 25, December 1, 2018

Economic Data Release Calendar November 25, December 1, 2018 Economic Data Release Calendar November 25, 2018 - December 1, 2018 www.dailyfx.com research@dailyfx.com AUD 1.50% NZD 1.75% EUR 0.00% CAD 1.75% GBP 0.75% USD 2.00-2.25% CHF -0.75% JPY -0.10% MXN 8.00%

More information

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 02 ND NOV 2017

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 02 ND NOV 2017 COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 02 ND NOV 2017 In Yesterday s Session Silver surges more than 2% in yesterday s session on persistent off take by industrial units. Price opened near previous

More information

12 th Oct2018. Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Chana. Agro.

12 th Oct2018. Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Chana. Agro. 12 th Oct2018 Bullion Base Metal Energy Agro Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas Chana Soybean Gold prices climbed almost 1.6% up on Thursday, regaining the psychologically

More information

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 30 TH JAN 2018

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 30 TH JAN 2018 COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 30 TH JAN 2018 In Yesterday s Session Bullion fell in yesterday s session where Gold lost its shine by 1% and silver slipped by almost 2%. Price fell from

More information

I forex Market Insight

I forex Market Insight I forex Market Insight INTERNATIONAL CURRENCY BUZZ ECONOMIC CALENDAR GBP/USD HOURLY CHART EUR/USD HOURLY CHART EPIC RESEARCH SINGAPORE INTERNATIONAL CURRENCY BUZZ Forex - Dollar Edges Slightly Higher but

More information

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 09 TH NOV 2017

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 09 TH NOV 2017 COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 09 TH NOV 2017 In Yesterday s Session Bullion moved up in yesterday s session as geopolitical tensions between US & North Korea and in the Middle East prompted

More information

Aaj Ka Trend. Bullions. MCX Gold (Dec) Daily Chart CMP: MCX Gold (Dec) Trend: Bullish. Price potential: Reversal: 29100

Aaj Ka Trend. Bullions. MCX Gold (Dec) Daily Chart CMP: MCX Gold (Dec) Trend: Bullish. Price potential: Reversal: 29100 Bullions MCX Gold (Dec) Daily Chart CMP: 29318 On the 4 hourly chart, MCX Gold has formed morning star candlestick patterns and bounced back from lower levels. Moreover. COMEX Gold has found a support

More information

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 06 TH SEPT 2018

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 06 TH SEPT 2018 COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 06 TH SEPT 2018 In Yesterday s Session Bullion was trading with gains, supported by currency crisis in Argentina, which economists expect could lead to a recession,

More information

Daily Market Reflection

Daily Market Reflection Daily Market Reflection Market Outlook Snapping its two-day winning run, the rupee today took a hefty knock by plunging 23 paise to close at 65.05 a dollar amid fresh demand for the US currency from importers

More information

WEEKLY CHANGES AGAINST THE USD MACRO & MARKETS COMMENTARY

WEEKLY CHANGES AGAINST THE USD MACRO & MARKETS COMMENTARY July 03, 2017 [ W E E K LY E C O N O M I C C O M M E N TA R Y ] WEEKLY ANALYSIS FOR THE MOST CRITICAL ECONOMIC AND FINANCIAL DEVELOPMENTS MACRO & MARKETS COMMENTARY» Central banker s comments dominated

More information

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 12 TH APRIL 2018

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 12 TH APRIL 2018 COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 12 TH APRIL 2018 In Yesterday s Session Bullion surges more than 1.30% yesterday as a combination of concerns over ongoing trade tensions between the U.S.

More information

Weekly Market Update. MCX Commodities Week-on-week pct change. Monday, April 02, Lead. Aluminium. Nickel Zinc Copper Natural Gas

Weekly Market Update. MCX Commodities Week-on-week pct change. Monday, April 02, Lead. Aluminium. Nickel Zinc Copper Natural Gas MCX Commodities Week-on-week pct change Lead 2.28 Aluminium -2.62 Nickel Zinc Copper Natural Gas 2.54 1.81 0.78 6.15 Crude Silver Gold -0.75-1.42-1.61-4.00-3.00-2.00-1.00 0.00 1.00 2.00 3.00 4.00 5.00

More information

MCX DAILY REPORT REVENUE MAKER FINANCIAL SERVICES 12/4/2019

MCX DAILY REPORT REVENUE MAKER FINANCIAL SERVICES 12/4/2019 2019 MCX DAILY REPORT REVENUE MAKER FINANCIAL SERVICES 12/4/2019 MARKET UPDATE BULLIONS Bullion counter may witness some profit booking at higher levels. Gold on Thursday hovered near a two-week peak touched

More information

Premium Commodity Daily Journal

Premium Commodity Daily Journal Published On 10 JAN 2019 Research Analyst Report 10 10 JAN 2019 GOLD SILVER 32,034 39,591 Premium Commodity Daily Journal Strictly for Client Circulation Market Wrap Wed 09 Jan 2019 Scrip Name Contract

More information

Nivesh Daily Currency

Nivesh Daily Currency 2 November, 2017 FRO FROM RESEARCH DESK Currency Pair Close % Change Currency Pivot Levels OI % Change Prev OI %Change R * Pivot S* USDINR 64.82 0.28 20.68 10.72 64.9658 64.8392 64.6808 EURINR 75.54 0.28

More information

Zenith Monthly Economic Report December 2011

Zenith Monthly Economic Report December 2011 Zenith Monthly Economic Report December 211 ECONOMIC STATISTICS SUMMARY Cash Rate Inflation Rate (%) Unemployment Rate (%) GDP Annual Growth (%) Country Latest Last Change Latest Change Latest Change Past

More information

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 08 TH JUNE 2018

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 08 TH JUNE 2018 COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 08 TH JUNE 2018 In Yesterday s Session Bullion inched higher in yesterday trade as US Dollar remained in selling pressure. On other hand depreciating Indian

More information

23 rd Aug Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Turmeric. Agro.

23 rd Aug Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Turmeric. Agro. 23 rd Aug 2018 Bullion Base Metal Energy Agro Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas Turmeric Refined Soya Gold prices were flat on Wednesday, as a strengthening currency in

More information

DAILY METALS & ENERGY REPORT December 31, 2012

DAILY METALS & ENERGY REPORT December 31, 2012 FINANCIAL MARKET OVERVIEW Asset Last Chg % Chg Commodity Gold / US Dollar FX Spot 1654.9-8.39-0.50% Silver / US Dollar FX Spot 30-0.16-0.53% Crude oil $ Spot 90.66-0.25-0.27% COMEX Copper $ 358.95-1.15-0.32%

More information

Metals & Energy Nov. 05, 2015

Metals & Energy Nov. 05, 2015 Market synopsis Precious Metals Base metals High Low Close %Chg OI High Low Close %Chg OI MCX MCX (Rs/kg) Gold(Dec) (Rs/1 gm) 26,73 25,732 25,771 (.6) 7,55 Alum.(Oct) 98.8 96.2 97.7 (.4) 8,848 Silver(Dec)

More information

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 13 TH JULY 2018

COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 13 TH JULY 2018 COMMODITY RESEARCH Kunal Kame COMMODITY DAILY 13 TH JULY 2018 In Yesterday s Session Bullion extended its fall into fourth session as dollar firmed against its peers after expectation-beating inflation

More information

Currency Report- Daily

Currency Report- Daily ASIA E.U U.S.A Currency Report- Daily Wednesday 15 Nov 2017 Global Market Overview US stock indexes fell yesterday as a drop in crude oil prices hit energy stocks and the impact was seen in Asia where

More information