As per our previous recommendation dated May 15 to go Short on MCX Gold, the first target of Rs.25450 has been achieved.Hence, in our view, profits on Short positions (as per our previous ...
Similar to Bullions, base metals have been in downtrend for the last few months, and are moving lower by forming lower tops and lower bottoms.In the month of February 2013, MCX Copper gave a strong ...
Copper MCX fell down to Rs392.60 levels in the first half of the last week. This is short term support as well as previous week's low. Subsequently it could not sustain at lower levels, seeing a sharp...
Crude oil MCX continued its bull trend for last four weeks, ending the week up by Rs50 (1%). We expect the bullish trend to continue, even though its reaching a near term resistance of 5400. Breaching...
Silver witnessed three weeks of consolidation during its down run. The primary trend continued during the past week. Silver MCX, was down nearly 6% last week, closing at 42629 per kg. While giving ...
Spot Gold shed more than 6% during the week closing at $1369.6 at the end. Downfall in MCX counterpart was limited to 4.31% (-1164) amid depreciating INR. Gold is moving below key moving average in ...
Gold has been in a bear trend since retreating from the 1795.80 high in October 2012, breaking sharply below a key support around 1525 in the middle of April. Since finding support at 1321.53 after ...
At a time when international central banks are printing money in massive amounts and governments, Australia included, are borrowing heavily, one could expect to see gold in demand as investors fear ...
Silver closed lower on Tuesday. The midrange close set the stage for a steady opening when Wednesday's night session begins. Stochastics and the RSI are turning bullish, signaling that a low might be ...
Gold closed lower on Tuesday. The midrange close sets the stage for a steady opening when Wednesday's night session begins. Stochastics and the RSI remain neutral to bearish, signaling that sideways ...
Natural Gas closed higher on Tuesday. The high range close sets the stage for a steady to higher opening on Wednesday. Stochastics and the RSI are bullish, signaling that sideways to higher prices are...
U.S. Oil posted an inside day with a lower close on Tuesday. The low range close sets the stage for a steady to lower opening when Wednesday's night session begins. Stochastics and the RSI have turned...
Looks like the Obama administration, EU and Beijing are going to settle. Via the NY Times: “The plan that is starting to take shape would essentially carve up the global solar panel market into...
A short-term copper price spike coming soon? Via Reuters: “The death toll from a tunnel collapse at the world’s second largest copper mine run by Freeport McMoRan Copper & Gold ...
The Biggies - BHP Billiton, Rio Tinto, Vale - are lamenting the end of the commodities super cycle. Via The Australian: ”Over past three months the value of mining service companies has fallen ...
First the San Francisco-Oakland Bay Bridge debacle, now this? Via China Daily: “Last year, the [Verrazano-Narrows] bridge operator, the Metropolitan Transportation Authority, awarded ...
Europe’s steel producers are debating rescue measures for the flailing industry. All of them agree that with demand down 30 percent below pre-crisis levels and no sign of an imminent recovery, ...
| SPX 500 Futures | 1,649.95 | -0.05 | 0.00% | |||
| NQ 100 Futures | 2,992.90 | +0.65 | +0.02% | |||
| US 30 | 15,303.26 | +8.76 | +0.06% | |||
| DAX | 8,305.32 | -46.66 | -0.56% | |||
| FTSE 100 | 6,654.34 | -42.45 | -0.63% | |||
| Japan 225 | 14,568.00 | +84.02 | +0.58% | |||
| US Dollar Index | 83.70 | -0.09 | -0.11% |
| Gold | 1,385.25 | -6.55 | -0.47% | |||
| Silver | 22.335 | -0.173 | -0.77% | |||
| Copper | 3.295 | -0.009 | -0.29% | |||
| Crude Oil | 93.84 | -0.41 | -0.44% | |||
| Natural Gas | 4.227 | -0.035 | -0.81% | |||
| US Cotton No.2 | 81.57 | -0.21 | -0.26% | |||
| US Coffee C | 127.05 | -3.83 | -2.92% |
| Euro Bund | 144.51 | -0.02 | -0.01% | |||
| Euro BTP | 114.51 | -0.85 | -0.74% | |||
| Euro BOBL | 126.376 | +0.015 | +0.01% | |||
| UK Gilt | 117.70 | +0.19 | +0.16% | |||
| US 2 YR T-Note | 110.23 | -0.01 | -0.01% | |||
| US 10 YR T-Note | 131.31 | +0.02 | +0.02% | |||
| US 30 YR T-Bond | 143.32 | +0.25 | +0.17% |
| Central Banks | Interest Rates | Next Meeting | |||
|---|---|---|---|---|---|
| FED | 0.00%-0.25% | Jun 19, 2013 | |||
| ECB | 0.50% | Jun 06, 2013 | |||
| BOE | 0.50% | Jun 06, 2013 | |||
| SNB | 0.00% | Jun 20, 2013 | |||
| RBA | 2.75% | Jun 04, 2013 | |||
| BOC | 1.00% | May 29, 2013 | |||
| RBNZ | 2.50% | Jun 12, 2013 | |||
| BOJ | 0.10% | May 22, 2013 | |||
