China's central bank cut interest rates on Friday for the sixth time in less than a year, and it again lowered the amount of cash that banks must hold as reserves in a bid to jump start growth
in its stuttering economy
Commodity Research Report 30 November 2015 Ways2Capitalways2capitalindore
Gold futures were down by Rs 37 to Rs 25,244 per 10 gram today as participants trimmed their positions. In futures trading, gold for delivery in December traded Rs 37, or 0.15% lower at Rs
25,244 per 10 gram in a business turnover of 350 lots at the Multi Commodity Exchange
Gold's image as a haven asset has taken a battering with the metal heading for its third-straight annual loss amid the sale of gold-backed funds by investors. Bullion for immediate delivery
rose 0.2 per cent to $1,063.22 an ounce at 3:32 pm. in Singapore after declining 0.7 per cent on Wednesday,
Gold rose to a two-week high on Friday as the Federal Reserve's decision to leave US interest rates unchanged weighed on the dollar and added to uncertainty over the timing of the first rate hike in a decade. Spot gold was up 0.5 per cent at $1,136.06 an ounce, having earlier touched
$1,138.80, keeping it on track to snap a three-week losing streak.
Commodity Research Report 07 December 2015 Ways2Capitalways2capitalindore
Goldman Sachs said on Friday that oil prices will likely remain "lower for even longer," as OPEC members failed to agree on a new production ceiling at the cartel's meeting in Vienna.
Commodity Research Report 23 November 2015 Ways2Capitalways2capitalindore
• Nickel smelter developers are putting projects on hold as they struggle to get financing with metal prices near their lowest in more than a decade, industry and government stakeholders
said on Wednesday.
Gold scaled higher on Friday, further off a four-month low, as the dollar tumbled against the euro on signs of progress in Greece's efforts to secure fresh funding. Spot gold was up 0.2 percent at $1,161.88 an ounce by 1029 GMT.
Plunging iron ore prices are providing a lifeline for some of China's biggest steel mills, but
raising the prospect of a rising tide of exports and increased friction with the European Union
and countries such as India.
Gold prices fell by Rs 50 to Rs 25,958 per 10 grams in futures trade on Wednesday amid a weak global trend.At Multi Commodity Exchange, gold for October contacts fell by Rs 50, or 0.19%, to Rs25,958 per 10 grams in a business turnover of 354 lots.
Commodity Research Report 30 November 2015 Ways2Capitalways2capitalindore
Gold futures were down by Rs 37 to Rs 25,244 per 10 gram today as participants trimmed their positions. In futures trading, gold for delivery in December traded Rs 37, or 0.15% lower at Rs
25,244 per 10 gram in a business turnover of 350 lots at the Multi Commodity Exchange
Gold's image as a haven asset has taken a battering with the metal heading for its third-straight annual loss amid the sale of gold-backed funds by investors. Bullion for immediate delivery
rose 0.2 per cent to $1,063.22 an ounce at 3:32 pm. in Singapore after declining 0.7 per cent on Wednesday,
Gold rose to a two-week high on Friday as the Federal Reserve's decision to leave US interest rates unchanged weighed on the dollar and added to uncertainty over the timing of the first rate hike in a decade. Spot gold was up 0.5 per cent at $1,136.06 an ounce, having earlier touched
$1,138.80, keeping it on track to snap a three-week losing streak.
Commodity Research Report 07 December 2015 Ways2Capitalways2capitalindore
Goldman Sachs said on Friday that oil prices will likely remain "lower for even longer," as OPEC members failed to agree on a new production ceiling at the cartel's meeting in Vienna.
Commodity Research Report 23 November 2015 Ways2Capitalways2capitalindore
• Nickel smelter developers are putting projects on hold as they struggle to get financing with metal prices near their lowest in more than a decade, industry and government stakeholders
said on Wednesday.
Gold scaled higher on Friday, further off a four-month low, as the dollar tumbled against the euro on signs of progress in Greece's efforts to secure fresh funding. Spot gold was up 0.2 percent at $1,161.88 an ounce by 1029 GMT.
Plunging iron ore prices are providing a lifeline for some of China's biggest steel mills, but
raising the prospect of a rising tide of exports and increased friction with the European Union
and countries such as India.
Gold prices fell by Rs 50 to Rs 25,958 per 10 grams in futures trade on Wednesday amid a weak global trend.At Multi Commodity Exchange, gold for October contacts fell by Rs 50, or 0.19%, to Rs25,958 per 10 grams in a business turnover of 354 lots.
Gold was trading near its highest since October on Friday, on track for its strongest weekly gain in a month as the dollar was pressured by growing doubts the Federal Reserve can stick to
its interest rate hike campaign.
Gold prices ended lower on Friday, reversing earlier gains, as disappointing U.S. employment data was seen as unlikely to alter the Federal Reserve’s plan for raising interest rates before the end of the year.
Gold for December delivery on the Comex division of the New York Mercantile Exchange dipped $ 1.10, or 0.09%, to settle at $1,251.90 a troy ounce by close of trade.
Gold prices rallied to new 15 months high on Friday as the dollar continued to slip against the basket of
currencies after the Bank of Japan decided to skit any fresh stimulus in its economy in the latest monetary
policy.
U.S. payrolls surged in December and the job count for the prior two months was revised sharply higher, showing the economy on solid ground despite a troubling international
backdrop. Nonfarm payrolls increased by 292,000 last month, the Labor Department said on Friday, as hiring got a boost from unseasonably warm weather.
Commodity Research Report 02 November 2015 Ways2Capitalways2capitalindore
Gold prices today fell Rs 76 to Rs 26,777 per 10 gram in futures trade amid a weak global trend. At Multi Commodity Exchange, gold delivery in far-month February next year fell Rs 76, or 0.28%, to Rs 26,777 per 10 gram, in a business turnover of four lots.
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
Commodity Research Report 14 December 2015 Ways2Capitalways2capitalindore
Gold drifted lower on Friday and was headed for the seventh weekly drop in eight weeks as investors positioned for a looming US rate hike. A strong US nonfarm payrolls report last week
cemented expectations of a rate hike at the Federal Reserve's policy meeting on December 15- 16.
Commodity Research Report 28 December 2015 Ways2Capitalways2capitalindore
Silver prices slipped from highs as U.S. home re-sales posted their sharpest drop in five years in November. The prices stayed higher earlier as the dollar slipped against a basket of currencies on Tuesday as more traders booked profits on bullish greenback bets following the Federal Reserve's interest rate increase last week.
Gold prices fell to the lowest level since May on Friday as the dollar rallied to almost 14-year highs amid a rally driven by the U.S. presidential election and expectations that the Federal Reserve will
raise interest rates next month. Gold for December delivery on the Comex division of the New
Gold prices edged lower on Friday as stocks firmed and the US dollar rose on expectations the Federal Reserve would raise interest rates by the end of the year. Spot gold was down 0.1 per
cent at $1,256.50 an ounce by 0257 GMT. The metal was on track to end the week mostly flat.
Gold rose on Tuesday due to rising physical demand from India but growing expectations of a U.S. interest rate hike kept a lid on prices. The metal is highly sensitive to rising U.S. rates, which lift the opportunity cost of holding non-yielding assets while boosting the dollar. Spot gold XAU= was up
Crude oil prices rose slightly on Friday, ending the week higher, after data from top energy consumers the United States and China boosted the oil demand outlook.
Friday saw another rise in the price of gold, a 16 per cent rise since the year began. However, with rising prices, the market has also slipped into a historically high discount for physical
delivery. In the past two days, a discount of $30 an ounce or higher (Rs 680-700 per 10g) was quoted. In Ahmadabad on Friday, it was $32.5 an oz, by NCDEX poll data.
Gold prices edged lower in European trade on Wednesday, reversing overnight gains as market players looked ahead to minutes of the Federal Reserve’s July policy meeting, which many feared
could be more hawkish than the statement. Gold for December delivery on the Comex division of the New York Mercantile Exchange shed $ 9.95, or 0.73%, to trade at $1,346.95 a troy ounce by 3:05 AM.
Gold rebounded to a fresh three-week high on Friday, as investor risk aversion lifted appetite for the metal,
putting it on track for a second straight weekly rise. Often perceived as an insurance against economic and
financial concerns,
Monsoon may set in over Kerala during June 3 to 9, says agro-met advisory Meteorological
subdivision-level rainfall forecast indicates rainfall activity over South India during June 3 to 9, which
can bring the onset of the South-West monsoon
Gold pared early gains on Thursday as the U.S. dollar recovered and global stocks rallied after oil producers agreed to curb output. The Organization of Petroleum
Exporting Countries on Wednesday agreed modest oil output cuts in the first such deal
he India Meteorological Department (IMD) said on Sunday that the onset of southwest monsoon over the Kerala coast this
year could be delayed by six days and that the rains would arrive around June 7
ARC's Sal Spada Packaging Machinery Presentation @ ARC Industry Forum 2010ARC Advisory Group
ARC's Sal Spada Packaging Machinery Presentation @ ARC Industry Forum 2010 in Orlando, FL.
Latest Developments in Packaging Machinery
Trends in Packaging Line Configurations
♦Overall production operation can be balanced
with a combination of high speed mechatronic
packaging lines in combination with rapid
changeover robotic packing lines.
♦Operational strategy going forward does not
mean that robotics will displace specialized
packaging machinery such as blister, flow
wrappers, or form/fill/seal packing machinery.
♦Going forward, the industry challenge is to
determine the optimal combination of rapid
changeover, but slower robotic lines that create a
balance with dedicated high speed lines.
Gold was trading near its highest since October on Friday, on track for its strongest weekly gain in a month as the dollar was pressured by growing doubts the Federal Reserve can stick to
its interest rate hike campaign.
Gold prices ended lower on Friday, reversing earlier gains, as disappointing U.S. employment data was seen as unlikely to alter the Federal Reserve’s plan for raising interest rates before the end of the year.
Gold for December delivery on the Comex division of the New York Mercantile Exchange dipped $ 1.10, or 0.09%, to settle at $1,251.90 a troy ounce by close of trade.
Gold prices rallied to new 15 months high on Friday as the dollar continued to slip against the basket of
currencies after the Bank of Japan decided to skit any fresh stimulus in its economy in the latest monetary
policy.
U.S. payrolls surged in December and the job count for the prior two months was revised sharply higher, showing the economy on solid ground despite a troubling international
backdrop. Nonfarm payrolls increased by 292,000 last month, the Labor Department said on Friday, as hiring got a boost from unseasonably warm weather.
Commodity Research Report 02 November 2015 Ways2Capitalways2capitalindore
Gold prices today fell Rs 76 to Rs 26,777 per 10 gram in futures trade amid a weak global trend. At Multi Commodity Exchange, gold delivery in far-month February next year fell Rs 76, or 0.28%, to Rs 26,777 per 10 gram, in a business turnover of four lots.
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
Commodity Research Report 14 December 2015 Ways2Capitalways2capitalindore
Gold drifted lower on Friday and was headed for the seventh weekly drop in eight weeks as investors positioned for a looming US rate hike. A strong US nonfarm payrolls report last week
cemented expectations of a rate hike at the Federal Reserve's policy meeting on December 15- 16.
Commodity Research Report 28 December 2015 Ways2Capitalways2capitalindore
Silver prices slipped from highs as U.S. home re-sales posted their sharpest drop in five years in November. The prices stayed higher earlier as the dollar slipped against a basket of currencies on Tuesday as more traders booked profits on bullish greenback bets following the Federal Reserve's interest rate increase last week.
Gold prices fell to the lowest level since May on Friday as the dollar rallied to almost 14-year highs amid a rally driven by the U.S. presidential election and expectations that the Federal Reserve will
raise interest rates next month. Gold for December delivery on the Comex division of the New
Gold prices edged lower on Friday as stocks firmed and the US dollar rose on expectations the Federal Reserve would raise interest rates by the end of the year. Spot gold was down 0.1 per
cent at $1,256.50 an ounce by 0257 GMT. The metal was on track to end the week mostly flat.
Gold rose on Tuesday due to rising physical demand from India but growing expectations of a U.S. interest rate hike kept a lid on prices. The metal is highly sensitive to rising U.S. rates, which lift the opportunity cost of holding non-yielding assets while boosting the dollar. Spot gold XAU= was up
Crude oil prices rose slightly on Friday, ending the week higher, after data from top energy consumers the United States and China boosted the oil demand outlook.
Friday saw another rise in the price of gold, a 16 per cent rise since the year began. However, with rising prices, the market has also slipped into a historically high discount for physical
delivery. In the past two days, a discount of $30 an ounce or higher (Rs 680-700 per 10g) was quoted. In Ahmadabad on Friday, it was $32.5 an oz, by NCDEX poll data.
Gold prices edged lower in European trade on Wednesday, reversing overnight gains as market players looked ahead to minutes of the Federal Reserve’s July policy meeting, which many feared
could be more hawkish than the statement. Gold for December delivery on the Comex division of the New York Mercantile Exchange shed $ 9.95, or 0.73%, to trade at $1,346.95 a troy ounce by 3:05 AM.
Gold rebounded to a fresh three-week high on Friday, as investor risk aversion lifted appetite for the metal,
putting it on track for a second straight weekly rise. Often perceived as an insurance against economic and
financial concerns,
Monsoon may set in over Kerala during June 3 to 9, says agro-met advisory Meteorological
subdivision-level rainfall forecast indicates rainfall activity over South India during June 3 to 9, which
can bring the onset of the South-West monsoon
Gold pared early gains on Thursday as the U.S. dollar recovered and global stocks rallied after oil producers agreed to curb output. The Organization of Petroleum
Exporting Countries on Wednesday agreed modest oil output cuts in the first such deal
he India Meteorological Department (IMD) said on Sunday that the onset of southwest monsoon over the Kerala coast this
year could be delayed by six days and that the rains would arrive around June 7
ARC's Sal Spada Packaging Machinery Presentation @ ARC Industry Forum 2010ARC Advisory Group
ARC's Sal Spada Packaging Machinery Presentation @ ARC Industry Forum 2010 in Orlando, FL.
Latest Developments in Packaging Machinery
Trends in Packaging Line Configurations
♦Overall production operation can be balanced
with a combination of high speed mechatronic
packaging lines in combination with rapid
changeover robotic packing lines.
♦Operational strategy going forward does not
mean that robotics will displace specialized
packaging machinery such as blister, flow
wrappers, or form/fill/seal packing machinery.
♦Going forward, the industry challenge is to
determine the optimal combination of rapid
changeover, but slower robotic lines that create a
balance with dedicated high speed lines.
development of premium quality, plastic fuel and liquid storage tanks. Carbery Fuel Points are ideal for the storage and dispensing of Diesel fuel. Regulatory compliant and benefiting from bunded (tank within a tank) construction, every Fuel Point combines forecourt style refuelling convenience with the assurance of supply, only on-site storage can provide.
Manufacturing, Supplying and Exporting quality approved Variety of Glasses such as Ultra Clear Float Glass, Tinted Float Glass, Rider Glass, Shower Cubicle Glass, Low - E Insulated Glass, Bend Glass, Float Glass, Double Glazed Unit, Toughened Glass, Reflective Glass, Insulated Glass, Glass Bricks. The glasses offered by us are highly used and preferred by the clients for their easy to clean and long lasting features.
Commodity Research Report 16 November 2015 Ways2Capitalways2capitalindore
U.S. retail sales rose less than expected in October amid a surprise decline in automobile purchases, suggesting a slowdown in consumer spending that could temper expectations of a strong pickup in fourth-quarter economic growth. The Commerce Department said retail
sales edged up 0.1 percent last month after being unchanged in both September and August. Economists had forecast sales increasing 0.3 percent.
Snapping three-day rising streak, gold prices retreated by Rs 60 to Rs 27,000 at the bullion market on wednesday on weak global cues and easing demand from jewellers at prevailing levels.Silver too turned weak and fell by Rs 150 to Rs 35,000 per kg on reduced off take byindustrial units and coin makers.
Gold prices touched fresh 10-month lows on Friday and the precious metal posted its fifth straight weekly decline as expectations for higher U.S. interest rates continued to weigh. Gold
for February delivery settled down 0.94% at $1,161.4 on the Comex division of the New York
Commodity Research Report 21 December 2015 Ways2Capitalways2capitalindore
Gold slipped on Thursday, giving back some of its overnight gains, in choppy trading after the Federal Reserve raised US interest rates for the first time in nearly a decade. The US central bank's policy-setting
Gold prices fell Rs 49 to Rs 26,698 per 10 grams in futures trade today as participants trimmed their positions, largely in tune with a weak trend overseas.
Gold scaled higher on Friday, further off a four-month low, as the dollar tumbled against the
euro on signs of progress in Greece's efforts to secure fresh funding. Spot gold was up 0.2 per cent at $1,161.88 an ounce by 1029 GMT
Oil futures edged up on Tuesday as the U.S. dollar backed off a two-week high hit the day before, although doubts that crude producers would agree next month to an output freeze continued to drag on prices.
Commodity Research Report 19 October 2015 Ways2Capitalways2capitalindore
Gold prices fell 0.43 per cent to Rs 27,360 per 10 grams in futures trade, amid a weak trend
overseas and profit-booking by speculators At the Multi Commodity Exchange, gold for
Gold steadied on Thursday after three days of gains as the European Central Bank left interest rates unchanged and maintained the parameters of its 1.74 trillion euro asset
buying scheme. The ECB has provided extraordinary stimulus in recent years in response
Gold continues to show the negative trend. Gold August contract is bearish for both short termand intra day at India's MCX. Gold has fallen back again after a brief recovery earlier this week which ended its worst losing streak in 20 years, after the Federal Reserve hinted at a rate rise in.the near future pushed the dollar towards fresh multi-year highs.
Bullion counter may trade on positive path as weaker greenback and safe haven demand can give support to the prices. Meanwhile movement of local currency rupee will give further direction to the prices. Gold
can move in range of 29300-29700 while silver can move in range of 39000-40000 in near term. Gold
prices rose early on Monday, pulling further away from a two-month low, as fresh concerns over North
Korea's nuclear ambitions stoked safehaven demand for the precious metal and weighed on the dollar.
The finance ministry is considering introducing measures to stop malpractices of importing pure gold under that garb of dore bars or unrefined gold. It may ask jewellers and refiners to follow know your
supplier, clients norms prescribed by the Organisation for Economic Co-operation and Development
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
Alcoa Inc said on Thursday it will permanently close its 269,000 tonne-per-year Warrick Operations smelter in Evansville, Indiana, by the end of first quarter, the latest in a string of
U.S. smelter curtailments as producers struggle with tumbling prices.
Gold prices bounced off the previous session's 10-month lows on Friday, but the precious metal still posted its sixth straight weekly decline as expectations for higher U.S. interest rates
in the months ahead continued to weigh.Gold for February delivery on the Comex division of
Gold and Silver prices have found bases and look set to remain range bound for now. The lack of any immediate geopolitical tension over North Korea has reduced the need for haven demand. With equities still generally upbeat, the opportunity cost of holding bullion is high, but the fact precious metals prices
Gold prices are trading on positive nota after the data released on Friday showed that U.S.economic growth braked sharply in the last quarter of 2015, expanding at an annual 0.7 percent
rate, as tepid global demand weighed on exports.
Similar to Commodity Research Report 26 October 2015 Ways2Capital (18)
Gold prices fell nearly 1 percent last week as supply remained dominant on higher levels. Distribution can be seen for last few weeks as prices are not approaching
Global stocks slid on trade concerns, but gold failed to capitalize on the fleeting liquidity as the dollar gained ground and heaped pressure on commodities while
Recently, the World Gold Council reported a 7% drop in global demand in the first quarter of 2018 to 973.5 tonnes, the lowest since the first quarter of 2008, as in-vestments fell 27% on the precious metal to 287 tonnes from 383 tonnes in the
BANKNIFTY May Futures started the last week on negative note and continued its bearish run till Wednesday but in last couple of days was very cheerful for index as it has recovered all its previous three days loss and gave clos-
After 5 weeks of continues bullish run, Indian Equity market ended its positive streak as index closed first time on negative note in last one month on weekly basis. Underperformance in most of the major Global market was the key reason for market to close on negative note.
Last week, equity benchmark index Nifty consolidated on higher level with the negative bias for the entire week
and managed to sustain above the major support level of 10400. F
Gold dipped in choppy trading on Friday as traders cashed in gains from the metal's
rally to 3-1/2-month highs this week and as the dollar rose even after weaker-than-
expected U.S. payrolls data for December.
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RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
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Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
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It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
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Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
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1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
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1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
5. MCX - WEEKLY NEWS LETTERS
INTERNATIONAL NEWS
MCX - WEEKLY MARKET REVIEW
✍ China's central bank cut interest rates on Friday for the sixth time in less than a year, and it
again lowered the amount of cash that banks must hold as reserves in a bid to jump start growth
in its stuttering economy.
✍ U.S. energy firms reduced oil rigs for an eighth week in a row this week but slowed the rate
of those cuts to just one rig, data showed on Friday, a sign some drillers may soon return to the
well pad with hopes of rising crude prices in the future.
PRECIOUS METAL
✍ GOLD
Gold was flat to slightly lower on Friday as the dollar soared to its highest level in more than
two months and U.S. equities raced higher after China eased monetary policy for the sixth time
in a year, reviving expectations of a U.S. rate hike. Bullion vaulted over 1 percent higher to an
intraday high of $1,180 per ounce in early New York trading immediately after Beijing
announced a surprise interest rate cut. Investors initially bet the Federal Reserve would be
compelled to delay raising rates given the fragility of the global economy, but buying soon
evaporated on the view that the Chinese stimulus and upbeat U.S. data made a U.S. rate hike
more likely this year. Gold has languished at 5-1/2-year lows in recent months on expectations
the Fed will raise rates this year, potentially lifting the opportunity cost of holding non-yielding
bullion. Concerns over the health of the global economy have recently pushed back
expectations into 2016. But further stimulus in China and upbeat U.S. data have increased the
likelihood of a rate rise in December. Better-than-expected manufacturing figures for October
supported the dollar. U.S. flash manufacturing PMI rose to its highest level since March,
beating expectations for a slight decline from the previous month. A stronger dollar weighs on
gold by making the metal more expensive for holders of other currencies.
✍ ENERGY
Crude oil prices continued its bearish trend for the second consecutive week, where WTI
suffered more losses than Brent crude.
As per Friday’s closing, WTI for the December month contract went down by 1.70%
registering at $44.60/ barrel, whereas Brent for the same month contract went down slightly by
just 0.20% registering at $47.99/ barrel , On weekly basis, WTI suffered losses more than
5.50%, whereas Brent crude’s losses restricted within 5%
Crude Oil fell on Friday, erasing early gains as traders dismissed a rate cut by China to focus on
a surging dollar and weaker spot prices for U.S. crude as a glut weighed on prompt supplies.
Earlier on Friday, oil prices rose about 1 percent on expectations the Chinese rate cut might
6. prompt the No. 1 energy consumer to import more oil. A stubborn global oil glut, partly due to
record pumping by the biggest producers in OPEC, has prevented crude prices from staging a
meaningful rebound despite a few sharp intermittent rallies since early September. U.S crude
inventories have risen for four straight weeks amid reduced refining activity during the autumn
maintenance season. U.S. oil drillers also slowed the pace of rig cuts this week, idling just one
rig, the smallest cut in eight weeks suggesting they may soon return to the well pad with hopes
of rising crude prices in the future.
Natural gas futures fell to a fresh three-year low on Friday as the market focused on warm
weather forecasts at the start of the winter heating season in November. March-April is usually
the widest month-to-month spread of the year since it marks the end of the winter heating
season and the start of spring, making it one of the most widely traded gas spreads. It is known
as the widow-maker because it can quickly turn against speculators with changing winter
forecasts. Both the U.S. and European weather models called for continued well above normal
temperatures over the next two weeks, expected to keep residential, commercial and industrial
heating demand lower than normal during that time, according to Thomson Reuters Analytics.
✍ COPPER
Copper fell on Friday, retreating from a one-week high after a strong dollar offset optimism
stemming from top metals consumer China cutting interest rates to boost its slowing economy.
Prices on the London Metal Exchange had surged after China's central bank cut interest rates
for the sixth time in less than a year and again lowered the amount of cash that banks must hold
as reserves. A continued decline in LME copper stocks, which are at their lowest levels since
February, helped support prices, as did news of more production cuts. copper output further as
it posted a bigger-than-expected quarterly loss.
✍ NICKEL
Nickel too managed to stay afloat yesterday and settled at $10515 MT, up marginally by around
.8% from its previous close. The inventories dropped by 4512 MT while the canceled warrants
declined by 5232 MT, giving a mixed cue for the metal. However, the contango steadied at $27
MT, the number too high to lure the investors. As per the recent updates, Nickel pig iron
production in China continued to decline for the previous month by 2% m/m to 31,600 MT,
raising hopes for the consumption of Nickel to rise in the near term.
✍ ZINC
LME 3M Zinc moved higher yesterday and settled at $1755 MT, up marginally by around
0.30% from its previous close. While, Lead showed weakness and settled at $1754 MT, down
by around .40% from its previous close. In case of lead, inventories and cancelled warrants
dropped by 400 MT, giving mixed cues for the metal. The contango for the metal at LME
remained at 17, overall showing negative signs. While in case of zinc, inventories and
7. canceled warrants dropped by 1875 MT, giving a mixed cue for the metal. While, the contango
for the metal remained came a bit lower at $23 MT, giving poor cues for the metal.
✍ NCDEX - WEEKLY NEWS LETTERS
Agri markets bounced back moderately on Tuesday after the fall seen the earlier day as good
demand amidst low stocks supported the prices even as Govt takes steps to check hoarding
amids impositions of stocks limits for Pulses and Oilseeds in states.
Govt initiatives may keep prices under check in the short term but medium term sentiments
look firm as low production and low stocks could support the prices as demand remains strong.
Spices look firm as exports slowly start picking up with low stocks reported as other counters
are expected to recover after some short term corrections.
✍ CHANA
Chana prices moved down by 2.03 per cent to Rs 4,815 per quintal in futures trade on Friday as
traders reduced exposure amid increased supplies at the spot market after the government took
steps to curb soaring prices.At the National Commodity and Derivative Exchange, chana for
delivery in November fell Rs 100, or 2.03 per cent, to Rs 4,815 per quintal with an open
interest of 55,180 lots.
Similarly, the commodity for delivery in December contracts eased Rs 96, or 1.93 per cent, to
Rs 4,874 per quintal in 50,410 lots.Trimming of exposure by traders triggered by pick-up in
supplies in the physical market after the raids by authorities on hoarders mainly kept pressure
on chana prices.
The government's decision to import more pulses too helped prices decline
Meanwhile, over 35,000 tonnes of pulses have been seized form 10 states in two days after
state governments intensified crackdown against hoarding and black marketing of the
commodity.
✍ REFINED SOYA OIL
Refined soya oil prices were up by 1.09 per cent to Rs 642.75 per 10 kg in futures trade on
Wednesday as speculators enlarged their bets, driven by pick up in demand in the spot
market.At the National Commodity and Derivatives Exchange, refined soya oil for delivery in
November month went up by Rs 6.95, or 1.09 per cent to Rs 642.75 per 10 kg with an open
interest of 72,855 lots.
The December contract gained Rs 6.40, or 1.01 per cent, to Rs 640 per 10 kg in 1,06,005
lots.The rise in refined soya oil futures to pick up demand in the spot market amid restricted
supplies from producing regions.
8. ✍ MUSTARDSEED
Mustardseed prices were down by Rs 88 to Rs 4,920 per quintal in future trading on monday
after traders trimmed positions, taking weak cues from spot market.At the National Commodity
and Derivatives Exchange, mustard seed for delivery in November contract fell Rs 88, or 1.76
per cent to Rs 4,920 per quintal, with an open interest of 59,300 lots.Mustardseed for delivery
in the current month lost Rs 57, or 1.16 per cent to Rs 4,851 per quintal, having an open interest
of 570 lots.Apart from pickup in arrivals from growing regions, slackened demand from oil
mills and vanaspati units at higher levels in physical markets mainly led to the fall in mustard
seed prices at futures trading.
✍ JEERA
Jeera prices closed lower by 1.54 per cent on Wednesday at the National Commodity &
Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the
producing regions in the midst of a decline in the export demand. At the NCDEX, jeera futures
for November 2015 contract closed at Rs. 16,005 per quintal, down by 1.54 per cent, after
opening at Rs. 16,290 against the previous closing price of Rs. 16,255. It touched the intraday
low of Rs. 15,820.
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