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Crude Oil: Large futures market traders and speculators decreased their overall bullish bets in crude oil futures last week for a fourth consecutive week and to the lowest level since February,...
Gold market futures speculators edged their overall bullish bets higher last week after bets had declined for the first time in six weeks the previous week, according to the latest Commitment of...
Gold did well at the end of last week to surge higher through the $1300 level back up towards $1310 before easing slightly to start this new week. Throughout most of last week gold was...
Interesting price action on Oil, which has retreated a bit this weak in spite of the rise in geopolitical tension. Price has pulled back to a 61.8% Fibonacci retracement from swing low to swing high,...
Wall Street has been aggressively cheer-leading the solar industry over the past couple of years. An example, Canadian Solar Inc (NASDAQ:CSIQ), has climbed 10x in value since 2012. Backing up the...
Just before New York’s opening bell last Monday somebody dumped 14,000 Gold contracts onto the market.That’s 1.4 million ounces (a contract is 100 ounces), or $1.8bn worth around a 65th of...
This indicates a bearish outlook. On any rise till Rs6,175-6,185 one can sell for a target of Rs6,100-6,075. Trade above Rs6,225 will negate a bearish view on the counter. As one can see from...
Gold remains under the key level of $1300, as the spot price stands at $1293.13 per ounce late the European session. The metal has now slipped about 2% in the past week. On the release...
Talking PointsCrude Oil Stabilizes Ahead of Volatility-Inspiring Economic Data Next Week Gold and Silver Remain Vulnerable As Traders Look Past Geopolitical Tensions Bearish Technical...
Gold futures sold off sharply once again yesterday, with the precious metal plunging through the $1300 per ounce level, to close the trading session for the December contract with a wide spread down...
Currencies The euro (EUR) continued the downtrend and reached a new 8-month low at 1.3437 against the US dollar (USD) EUR/USD. The single currency rebounded up to1.3484 after better than expected...
Gold prices steadied near the five-week low in the early morning trade Friday, pressured by the positive economic data and stronger dollar amid reduced global demand for the metal as a safe haven.As...
The prices of oil was little changed Friday, with crude steadying around $102 a barrel, however, prices were on track for a weekly fall as weak demand weighed on sentiment.Growth fears, weak demand...
Construction companies added jobs in 38 states and the District of Columbia over the past 12 months, but they subtracted from the headcount in 27 states between May and June, according to an analysis...
As prices breached the ascending triangle pattern at 537 could see strong upside rallies towards 541 followed by 545 levels in the near term. CPO July MCX/NCDEX: CPO prices sky-rocketed higher...