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- COMMODITY MARKET TREND - 20 JANUARY 2014
Posted by : Simran Shah
Sunday, 19 January 2014
BASE METAL WRAP: Copper fluctuated before the release of China’s
industrial production and gross domestic output data. Nickel headed for
its first decline in seven days.
ENERGY WRAP: Natural gas dropped for a second day in New York on speculation that unusually mild weather in the U.S. will reduce demand for heating fuel. West Texas Intermediate crude slid from the highest closing price in two weeks after government data showed that industrial output slowed last month in China, the world’s second-biggest oil consumer.
PRECIOUS METAL WRAP: Gold rallied to the highest level in almost six weeks on signs of increasing demand as holdings in the biggest exchange-traded product expanded the most since 2011. Platinum climbed on prospects for strikes in South Africa.
GLOBAL EVENTS TO WATCH: GDP q/y, Bank Holiday.
For More info contact at +91-731-6662200; 09907222727
http://www.capitalstars.com/services.php
indore, madhya pradesh, India, January 21, 2014 - (capitalstars.com)
ENERGY WRAP: Natural gas dropped for a second day in New York on speculation that unusually mild weather in the U.S. will reduce demand for heating fuel. West Texas Intermediate crude slid from the highest closing price in two weeks after government data showed that industrial output slowed last month in China, the world’s second-biggest oil consumer.
PRECIOUS METAL WRAP: Gold rallied to the highest level in almost six weeks on signs of increasing demand as holdings in the biggest exchange-traded product expanded the most since 2011. Platinum climbed on prospects for strikes in South Africa.
GLOBAL EVENTS TO WATCH: GDP q/y, Bank Holiday.
For More info contact at +91-731-6662200; 09907222727
http://www.capitalstars.com/services.php
indore, madhya pradesh, India, January 21, 2014 - (capitalstars.com)