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2. info@capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Gold prices rose in Europe on Monday
Crude oil prices slipped on Monday
Copper slipped on Monday
Silver consolidate near high
Gold prices rose in Europe on Monday, recovering some of last week's one percent
losses, as the impact of an earthquake in Japan added to upward pressure on the
metal, driving it back towards recent record highs. Crude oil prices slipped on Monday in
volatile trading, pressured by expectations of slower Japanese demand after a
devastating earthquake, while ongoing unrest in the Middle East helped limit oil losses.
Copper slipped on Monday as the unfolding disaster in Japan and tensions in the
Middle East undermined investor sentiment and prompted a flurry of selling.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Tue 6:00pm USD Empire State Manufacturing 16.2 15.4
Mar 15 Index
6:00pm USD Import Prices m/m 0.9% 1.5%
6:30pm USD TIC Long-Term Purchases 59.3B 65.9B
7:30pm USD NAHB Housing Market Index 17 16
11:45pm USD FOMC Statement
11:45pm USD Federal Funds Rate <0.25% <0.25%
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4. info@capitalheight.com
Phone- (0731)4295950
ALUMINIUM(MAR)
Trend • Consolidate
Strategy • Sell on high
•R2 - 117.7
Resistance
•R1 - 114.8
•S1 - 112.5
support
•S2 - 110.5
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