The document is a newsletter providing a market wrap and technical analysis of various commodities. It reports that gold tumbled 2% as the dollar surged. Copper fell due to the stronger dollar and concerns about US economic growth. It also provides the previous day's economic data, upcoming economic calendar, and technical analysis charts for various commodities with resistance and support levels.
2. info@capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Gold tumbles 2 pct as dollar surges
The euro fell 1.0 percent against the dollar
U.S. jobless claims rise more than expected
Oil dives to lowest since Feb
Copper falls on dollar, growth concerns
Gold was set for its biggest daily fall in over a month on Thursday after a surprisingly
large rise in weekly U.S. jobless claims hit investor risk appetite, pummelling commodities
and stocks and boosting the dollar. Copper fell on Thursday on a stronger dollar and
concerns about demand in the United States after the Federal Reserve cut its forecasts
for economic growth in the world's largest economy.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Fri 1:30pm EUR German Ifo Business Climate 113.6 114.2
Jun 24
1:30pm EUR Italian Retail Sales m/m -0.1% -0.2%
Day 2 EUR EU Economic Summit
6:00pm USD Core Durable Goods Orders m/m 1.0% -1.6%
6:00pm USD Durable Goods Orders m/m 1.6% -3.6%
6:00pm USD Final GDP q/q 1.9% 1.8%
6:00pm USD Final GDP Price Index q/q 1.9% 1.9%
www.capitalheight.com
4. info@capitalheight.com
Phone- (0731)4295950
Phone
ALUMINIUM(JUNE)
Trend • Consolidate
Strategy • Sell on high
•R2 - 116.8
Resistance
•R1 - 113.5
•S1 - 111.3
support
•S2 - 109.5
Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not
accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that sui them
suits
the most.
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on
analysis and up on sources that we consider reliable.
This material is for personal information and based upon it & takes no responsib
responsibility
The information given herein should be treated as only factor, while making investment decision. The report does not provide
individually tailor-made investment advice. Capitalheight recommends that investors independently evaluate particular
made
investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall not be
ments
responsible for any transaction conducted based on the information given in this report, which is in violation of rules and
regulations of MCX and NCDEX.
The metals price projections shown are not necessarily indicative of future price performance. The information herein,
together with all estimates and forecasts, can change without notice. Analyst or any person related to Capitalheight might be
holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his
free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone c can
be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.
All Rights Reserved.
Investment in Commodity and equity market has its own risks.
We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred
whatsoever for any financial profits or loss which may arise from the recommendations above. Capitalheight does not
purport to be an invitation or an offer to buy or sell any financial instrum
instrument. Our Clients (Paid Or Unpaid), Any third party or
anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone
which is received directly or indirectly by them. If found so then Serious Lega Actions can be taken.
Legal
www.capitalheight.com