Showing posts with label Labels: commodities updates. Show all posts
Showing posts with label Labels: commodities updates. Show all posts

MCX NCDEX Tips ~ Commodity Market Updates Today 30 March 2012

Friday, March 30, 2012
NEWS HIGHLIGHT 
Gold gives up early gains; tracks equities lower.
Crude oil down $105 on us crude stocks rise offset iran tension.
Copper steadies; growth worries cap gains.
Domestic oil and oilseed trade up on global cues.

TODAY’S ECONOMIC EVENTS

Date
Time
Currency Economic Data
Forecast
Previous
FRI
30TH MAR
6:00pm
USD
Core PCE Price Index m/m
0.1%
0.20%
6:00pm
USD
Personal Spending m/m
0.6%
0.20%
6:00pm
USD
Personal Income m/m
0.4%
0.3%
7:15pm
USD
Chicago PMI


63.2
64.0
7:15pm
USD
Revised UoM Consumer Sentiment
74.9
74.3
7:15pm
USD
Revised UoM Inflation Expectations


4.0%

MCX Commodity Market Updates Today 29 March 2012

Thursday, March 29, 2012
NEWS HIGHLIGHT 
Gold slips below $1,680/oz as commodities retreat.
Crude oil breaches down $107 on us crude stocks rise ,possible release.
Copper dips; focus on u.s. durable goods.
Indian spices trade bearish.

TODAY’S ECONOMIC EVENTS


Date
Time
Currency Economic Data
Forecast
Previous
THUR
29TH MAR
6.00PM
USD
Unemployment Claims
351K
348K
6.00PM
USD
Final GDP q/q
3.00%
3.00%
6.00PM
USD
Final GDP Price Index q/q
0.90%
0.9%

8.00PM
USD
Natural Gas Storage


11B
9.45PM
USD
FOMC Member Lockhart Speaks



10.15PM
USD
Fed Chairman Bernanke Speaks



MCX and NCDEX Commodity Market Updates Today 07 March 2012

Wednesday, March 7, 2012
The Multi Commodity Exchange (MCX), COMDEX begun on a positive terrain after a fall of 0.41% on Tuesday. It is currently trading higher by 12.83 points, or 0.33%, at 3,942.54 at 10.04 a.m. after opening at 3,930.19.

Other index like MCXMETAL is trading upward by 19.61 points, or 0.40%, at 4,935.82 after opening at 4,917.45. MCXAGRI is trading up 17.28 points, or 0.48%, at 3,586.95 after opening at 3,573.09. Meanwhile MCXENERGY is trading up 5.18 points, or 0.15%, at 3,521.39 after opening at 3,514.00.

Gainers at the MCX were COTTON CAKE AKOLA - August contract, (3.01%) with open interest of 5, Cardamom - July contract, (1.64%) with open interest of 108, Wheat - September contract, (1.38%) with open interest of 13, COPPER1KG - August contract, (0.74%) with open interest of 22,010, and Wheat - August contract, (0.68%) with open interest of 450.

Top Losers at the MCX are POTATOTRWR - September contract, (3.89%) with open interest of 5, POTATOTRWR - August contract, (2.86%) with open interest of 108, POTATOTRWR - July contract, (2.47%) with open interest of 13, Nickel - September contract, (2.33%) with open interest of 22,010, and Cardamom - October contract, (2.22%) with open interest of 450.

MCX NCDEX Tips ~ Commodity Market Updates

Tuesday, March 6, 2012
MCX Gold (April)
Price indication: Prices have support at Rs 27,800/10gms and resistance at Rs 28,200/10gms.

MCX Silver (May)
Price indication: Prices have support at Rs 57,300/kg and resistance at Rs 59,000/kg.

MCX Copper (Apr)
Price indication: Prices have support at Rs 423/kg and resistance at Rs 432/kg.

MCX Crude (Mar)
Price indication: Prices have support at Rs 5,320/bbl and resistance at Rs 5,410/bbl.