Sunday, 12 January 2014
BASE METAL WRAP:
Nickel climbed to the highest level in two weeks, leading gains in
industrial metals, after Indonesia started a ban on mineral ore exports.
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ENERGY WRAP: West Texas Intermediate rose for a second day after slower-than-estimated growth in U.S. payrolls eased speculation the Federal Reserve will further curtail economic stimulus in the world’s biggest oil consumer.
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PRECIOUS METAL WRAP: Gold climbed to the highest level in a month on speculation that the Federal Reserve will slow the pace of cuts to stimulus after U.S. payrolls increased less than analysts forecast. Silver, platinum and palladium rose.
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GLOBAL EVENTS TO WATCH: Italian Industrial Production m/m, BOC Business Outlook Survey.
ENERGY WRAP: West Texas Intermediate rose for a second day after slower-than-estimated growth in U.S. payrolls eased speculation the Federal Reserve will further curtail economic stimulus in the world’s biggest oil consumer.
Free Trials
PRECIOUS METAL WRAP: Gold climbed to the highest level in a month on speculation that the Federal Reserve will slow the pace of cuts to stimulus after U.S. payrolls increased less than analysts forecast. Silver, platinum and palladium rose.
Free Trials
GLOBAL EVENTS TO WATCH: Italian Industrial Production m/m, BOC Business Outlook Survey.
Agri Commodity Market Update
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CS CHANA (FEB.) OVERVIEW:
TREND CONSOLIDATE SUP1:3015 SUP2:2950 RESIST1:3164 RESIST2:3194 TRADING STRATEGY: BUY ON DIPS Free Trials CS JEERA (MARCH) OVERVIEW: TREND CONSOLIDATE SUP1:12370 SUP2:12270 RESIST1:12950 RESIST2:13540 TRADING STRATEGY: SELL ON RISE Free Trials CS TURMERIC (APRIL) OVERVIEW: TREND CONSOLIDATE SUP1:6510 SUP2:6370 RESIST1:6940 RESIST2:7250 TRADING STRATEGY: SELL ON RISE Free Trials CS SOYABEAN (FEB.) OVERVIEW: TREND BEARISH SUP1:3600 SUP2:3530 RESIST1:3710 RESIST2:3752 TRADING STRATEGY: SELL ON RISE Free Trials |
Bullion Commodity Market Update.
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CS COPPER (FEB.) OVERVIEW:
TREND CONSOLIDATE SUP1:456 SUP2:453 RESIST1:462 RESIST2:467 TRADING STRATEGY: SELL ON RISE Free Trials CS CRUDE (JAN.) OVERVIEW: TREND BEARISH SUP1:5650 SUP2:5570 RESIST1:5785 RESIST2:5880 TRADING STRATEGY: SELL ON RISE Free Trials CS GOLD (FEB.) OVERVIEW: TREND CONSOLIDATE SUP1:28900 SUP2:28670 RESIST1:29280 RESIST2:29640 TRADING STRATEGY: BUY ON DIPS Free Trials CS SILVER (MARCH) OVERVIEW: TREND CONSOLIDATE SUP1:43560 SUP2:42430 RESIST1:45740 RESIST2:46700 TRADING STRATEGY: BUY ON DIPS Free Trials |
