- GOLD STEADY AFTER S&P DOWNGRADES; DOLLAR PRESSURES.
- OIL CLIMBS FROM FOUR-WEEK LOW AS IRAN WARNS OF HORMUZ SUPPLY DISRUPTION.
- COPPER STEADIES AS MARKETS DIGEST DOWNGRADES.
- DOMESTIC OIL AAN OILSEED TRADE BEARISH.
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Showing posts with label commodity news for today. Show all posts
Showing posts with label commodity news for today. Show all posts
Tuesday, January 17, 2012
Commodity News for Today - 17th January 2012
Friday, January 13, 2012
Commodity News for Today - 13th January 2012
- GOLD RISES AS SPANISH BOND SALE LIFTS EURO.
- OIL UP ON IRAN, NIGERIA SUPPLY WORRIES.
- COPPER RISES TO ONE-MONTH HIGH AFTER SPANISH DEBT SALE.
- INDIAN JEERA AND PEPPER HIT 4PC UPPER CIRCUIT.
Thursday, January 12, 2012
Commodity News for Today - 12th January 2012
- GOLD HITS 4-WEEK TOP ON EUROPE WOES, ASIA DEMAND.
- OIL OFF STEADY AHEAD OF U.S STOCKPILES.
- COPPER STEADY, CHINA HOLDS BACK PURCHASES BEFORE HOLIDAYS.
- DOMESTIC OIL AND OILSEED TRADE STEADY.
- OIL OFF STEADY AHEAD OF U.S STOCKPILES.
- COPPER STEADY, CHINA HOLDS BACK PURCHASES BEFORE HOLIDAYS.
- DOMESTIC OIL AND OILSEED TRADE STEADY.
Wednesday, January 11, 2012
Commodity News for Today - 11th January 2012
- GOLD CLIMBS MORE THAN 1 PC AS EURO FIRMS; PLATINUM RISES.
- OIL ADVANCES ON IRANIAN DISPUTE, EURO DEBT MEETING.
- COPPER UP ON STRONG CHINA IMPORT DATA.
- INDIAN SPICES TRADE BEARISH ON WEAK EXPORT DEMAND.
Tuesday, January 10, 2012
Commodity News for Today - 10th January 2012
- GOLD EASES ON FIRM DOLLAR, EURO ZONE FEAR.
- CRUDE DECLINES TO FIVE-DAY LOW BEFORE MERKEL, SARKOZY MEET TO REVIVE EURO.
- COPPER DIPS, EUROPE DEBT CRISIS DIMS DEMAND HOPES.
- INDIAN SPICES TRADE LOW ON PROFIT BOOKING.
Monday, January 09, 2012
Weekly Commodity Analysis from 09th Jan to 13th Jan
GOLD UP IN 1ST WEEK OF YEAR THOUGH EUROPE FEARS STAY
Gold eased on Friday, snapping a five-session winning streak, but trade was choppy as investors digested a report of better U.S. job growth and the unemployment rate near a three-year low. The metal still notched its biggest weekly gain in five weeks after it broke ranks with a slumping euro in the last two days. Bullion has now more than recouped last week's losses that briefly sent it into bear market territory. Trading volume was decent after data showed U.S. nonfarm payrolls increased 200,000 in December and the unemployment rate dropped to a near three-year low of 8.5 percent, offering the strongest evidence yet the economic recovery was gaining steam. "Gold came under pressure because people are a bit more comfortable with the recovery of the economy, but it is going to remain rangebound until we get some significant news to push it into either direction".
NYMEX-CRUDE ENDS LOWER, BUT CLOSES WEEK UP MORE THAN 2 PCT
U.S. crude futures fell for a second straight day on Friday, as a stronger dollar and worries about Europe's economies trumped data showing strong U.S. jobs growth and lower unemployment. Worries persisted over possible supply disruptions due to rising tensions between Iran and the West, limiting losses. Even with the two-day decline, U.S. crude closed the four-day trading week more than 2 percent higher, after ending 2011 up 8.2 percent versus the previous year.Iran announced plans for military exercises in the Strait of Hormuz next month, the latest in weeks of bellicose gestures toward the West as new sanctions threaten Tehran's oil exports. A European Union embargo on Iranian oil imports could take a few months to start because some EU capitals want a delay they say they need to shield their debt-stricken economies. The plan involves the release of up to 14 million barrels per day of government-owned oil stored in the United States, Europe,Japan and other importers.
U.S. crude futures fell for a second straight day on Friday, as a stronger dollar and worries about Europe's economies trumped data showing strong U.S. jobs growth and lower unemployment. Worries persisted over possible supply disruptions due to rising tensions between Iran and the West, limiting losses. Even with the two-day decline, U.S. crude closed the four-day trading week more than 2 percent higher, after ending 2011 up 8.2 percent versus the previous year.Iran announced plans for military exercises in the Strait of Hormuz next month, the latest in weeks of bellicose gestures toward the West as new sanctions threaten Tehran's oil exports. A European Union embargo on Iranian oil imports could take a few months to start because some EU capitals want a delay they say they need to shield their debt-stricken economies. The plan involves the release of up to 14 million barrels per day of government-owned oil stored in the United States, Europe,Japan and other importers.
Tuesday, January 03, 2012
Commodity News - 03rd January 2012
- GOLD TRADES UP IN THIN TRADE, DOLLAR WEIGHS.
- OIL HEADS UP ON IRAN SANCTIONS.
- COPPER RISES ON POSITIVE CHINESE MANUFACTURING DATA.
- INDIAN SPICES TRADE UP AS EXPORT DEMAND INCREASES.
Thursday, December 29, 2011
Commodity News - 29th December 2011
- GOLD FALLS, TRACKS EQUITIES ON IRAN, EURO ZONE WORRIES.
- OIL TRADES NEAR SIX-WEEK HIGH ON IRAN THREAT TO STRAIT OF HORMUZ SHIPPING.
- COPPER DOWN ON EURO ZONE AND CHINA SLOWDOWN WORRIES.
- DOMESTIC OILSEED COMPLEX SURGES UP ON GLOBAL CUES.
Tuesday, December 27, 2011
Commodity Market Analysis for today
- GOLD LITTLE CHANGED IN THIN HOLIDAY TRADE; AWAITS U.S. ECONOMIC DATA.
- OIL STEADY AHEAD OF CONSUMER CONFIDENCE DATA.
- SHANGHAI COPPER FALLS 1 PCT AFTER RALLYING ON US DATA.
- SOYBEAN FUTURES RISE ON DRY SOUTH AMERICAN WEATHER.
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Friday, December 23, 2011
Commodity Market News for 23rd December 2011
- GOLD EDGES DOWN AS EUROPE DEBT WORRIES PERSIST.
- OIL UP AS U.S ISTOCKPILES DECLINE MOST IN A DECADE.
- COPPER UP WITH EURO IN ECB TENDER REACTION.
- DOMESTIC OIL AND OILSEED TRADE LOW ON GLOBAL CUES.
Thursday, December 22, 2011
Commodity News for 22nd December 2011
- GOLD CLIMBS AS ECB TENDER LIFTS EURO.
- OIL CLIMBS A THIRD DAY ON U.S. ECONOMY, SHRINKING SUPPLIES, IRAN SANCTIONS.
- COPPER RISES ON SIGNS OF GROWTH IN U.S., GERMANY.
- DOMESTIC OIL AND OILSEED TRADE STEADY; SOUTH AMERICAN RAINS EYED.
Wednesday, December 21, 2011
Commodity News for 21st December 2011
- GOLD CLIMBS AS THE EURO REBOUNDS 1 PCT.
- OIL CLIMBS FOR SECOND DAY ON GAIN IN U.S. HOUSING STARTS, IRAN
- CONCERN .
- COPPER RISES ON UPBEAT GERMAN DATA, WEAK DOLLAR.
- INDIA CHANA TO TRADE POSITIVE ON RISING SPOT DEMAND.
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