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Monday 19 December 2016

The rise in crude oil, what should we do today??

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Large oil-producing countries agreed to cut crude oil production has seen rapid. Brent crude is 0.5 per cent. While Nymex crude oil prices are above $ 52. OPEC, led by Russia, as well as nearly 18 million barrels of production cuts Garopek country are supposed to. Russia cut all oil companies to set goals that are too crude is getting stronger. In addition, Goldman Sachs has raised its estimate of the price of Brent. However, the big question is about crude demand. Also growing in the US shale production will have an impact on the market, how much it will be a case note. MCX crude oil rose by 0.7 per cent in 3535 has gone up to Rs.

The improvement was seen in gold today. South China Sea dispute between the US and China as a safe investment in gold has been shopping. COMEX gold has increased by 0.25 percent. Silver is trading with even faster. Comex has seen its price rise of 0.25 per cent. 27 230 with a gain of 0.25 per cent on MCX gold is trading around Rs.

Today has seen weakness in base metals prices. LME metals are weak on profit-booking, which is visible on the domestic market. London Metal Exchange copper prices fell 3½-week lows reached. Increased pressure on stock prices. MCX Copper is trading 1 per cent tax break.

Today has seen significant volatility in the spices. Reduction in sowing has picked up strongly in the coriander. Coriander acreage in the state is expected to fall 25 per cent in Rajasthan acreage is expected to drop 21-22 percent. Though cumin being under pressure. Turmeric is also declining. The possibility of negative growth in Malaysia palm oil prices has seen. Malaysia's palm oil board cut production estimates.

Tuesday 19 July 2016

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Gold resolved smooth and was set for its first every week loss since May on enhancing international risk feeling and a greater money after better-than-expected U.S. information. Costs changed failures after Turkish Primary Reverend Binali Yildirim said a team within the nation's army has tried to overthrow the govt.

After six several weeks of benefits, the lengthiest move since Goal 2014, the steel has come under stress this week, down 2.5 percent so far. It was hit by powerful U.S. non-farm payrolls information and as doubt around the effects of The british Brexit elect reduced with the development of a new govt. Three Government Source policymakers indicated the view that there was no rush to increase U.S. attention levels in the awaken of the UK elect to go away the Western Partnership, despite symptoms that the U.S. economic system is near full career. 

The U.S. Work Division said its Customer Cost Catalog improved by 0.2% in July, amongst tightening price demands in services, transport and health care. The benefits dropped a little bit below objectives of a 0.3% increase, 30 days after increasing by 0.2% in May. Every year, consumer prices improved by 1.0%, 30 days after increasing by an upward improved 1.1%.The Primary CPI Catalog, which pieces out unpredictable food and energy prices, improved by 0.2% in line with agreement reports. 

At the same time, Primary CPI over the last 12 months has raised by 2.3%, a little bit above yearly benefits of 2.2% in May. Officially companies are under short protecting as industry has experienced stop by open attention by -1.49% to resolved at 7261 while prices up 27 rupee, now Gold is getting assistance at 30842 and below same could see a test of 30707 level, And level of resistance is now likely to be seen at 31106, a move above could see prices examining 31235.

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