The economic calendar outlines upcoming high-impact US economic data releases, including the goods trade balance for February and the Dallas Fed manufacturing index for March. Several currency pairs are analyzed technically, with the AUD/USD and NZD/USD seen as bullish, EUR/USD neutral, GBP/USD neutral, USD/JPY bullish, USD/CAD bearish, USD/CHF neutral, and gold seen as neutral. Entry, target, and stop loss levels are provided for each pair based on the technical outlook.
The document discusses different types of gold traders categorized by the time period they hold positions. It outlines scalpers who hold positions for minutes, day traders who hold for hours, swing traders who hold for days, and position traders who hold for weeks to months. The document then focuses on day trading as the most popular method, where traders use 15-minute charts to open and close positions within a trading day, aiming for profits of $7 to $9 per trade. An example day trading chart is also included.
The Indian rupee appreciated against the US dollar due to selling of dollars by exporters and banks, while the euro rose marginally against the dollar due to weakness in the dollar index and favorable Eurozone economic data. Technical analyses were provided for various currency pairs, with the USD/INR and JPY/INR expected to rise further and the GBP/INR and EUR/INR forecasted to decline in the coming sessions. Key economic indicators from the UK, Japan, Germany and Eurozone were also highlighted that could impact major currency pairs.
The economic calendar highlights upcoming news announcements from Japan, Australia, the UK, and US that could impact currency markets. These include unemployment, retail sales, central bank opinions and summaries, consumer credit, and job openings data. The document also provides technical analyses and trading strategies for several currency pairs, finding AUD/USD, NZD/USD, USD/JPY bullish, while EUR/USD, GBP/USD, USD/CAD are bearish, and USD/CHF, USD/CHF are neutral based on indicators and chart patterns. Strategies suggest buy or sell entries with up to two price targets and stop losses.
The document provides a technical analysis of gold, silver, copper, and crude oil futures contracts on the MCX exchange in India. It finds that gold and silver are in bullish trends and forecasts higher prices, while copper and crude oil are in bearish trends and predicts lower prices in the coming sessions. Support and resistance levels are provided. The document also includes commentary on movements in international commodity prices and inventories.
The Indian rupee depreciated for the fourth consecutive day against the US dollar, plunging 13 paise to close at 67.27. Weak domestic market sentiments and constant dollar demand from importers and banks put pressure on the rupee. Unfavorable domestic economic data, including a rise in inflation and a decline in industrial production, also weighed on the currency. The dollar gained strength due to rising risk aversion and weak US economic data, including a drop in core retail sales. Most other currencies also declined against the dollar except for the yen. The report provides technical analysis and pivot levels for various currency pairs and highlights upcoming domestic and global economic indicators.
- Gold and silver prices are quoted per troy ounce globally, though other units like grams and kilograms are also used. Benchmark prices for gold are set twice daily in London and Shanghai based on an electronic auction between banks.
- The bid price is what someone will pay for an ounce of gold, while the ask price is the lowest price someone will sell. The spread is the difference between these prices.
- Gold is typically priced in U.S. dollars as it is the most liquid market, though currency strength can cause prices to vary slightly between countries. Silver tends to be much cheaper than gold due to its greater availability during mining.
The economic calendar outlines upcoming high-impact US economic data releases, including the goods trade balance for February and the Dallas Fed manufacturing index for March. Several currency pairs are analyzed technically, with the AUD/USD and NZD/USD seen as bullish, EUR/USD neutral, GBP/USD neutral, USD/JPY bullish, USD/CAD bearish, USD/CHF neutral, and gold seen as neutral. Entry, target, and stop loss levels are provided for each pair based on the technical outlook.
The document discusses different types of gold traders categorized by the time period they hold positions. It outlines scalpers who hold positions for minutes, day traders who hold for hours, swing traders who hold for days, and position traders who hold for weeks to months. The document then focuses on day trading as the most popular method, where traders use 15-minute charts to open and close positions within a trading day, aiming for profits of $7 to $9 per trade. An example day trading chart is also included.
The Indian rupee appreciated against the US dollar due to selling of dollars by exporters and banks, while the euro rose marginally against the dollar due to weakness in the dollar index and favorable Eurozone economic data. Technical analyses were provided for various currency pairs, with the USD/INR and JPY/INR expected to rise further and the GBP/INR and EUR/INR forecasted to decline in the coming sessions. Key economic indicators from the UK, Japan, Germany and Eurozone were also highlighted that could impact major currency pairs.
The economic calendar highlights upcoming news announcements from Japan, Australia, the UK, and US that could impact currency markets. These include unemployment, retail sales, central bank opinions and summaries, consumer credit, and job openings data. The document also provides technical analyses and trading strategies for several currency pairs, finding AUD/USD, NZD/USD, USD/JPY bullish, while EUR/USD, GBP/USD, USD/CAD are bearish, and USD/CHF, USD/CHF are neutral based on indicators and chart patterns. Strategies suggest buy or sell entries with up to two price targets and stop losses.
The document provides a technical analysis of gold, silver, copper, and crude oil futures contracts on the MCX exchange in India. It finds that gold and silver are in bullish trends and forecasts higher prices, while copper and crude oil are in bearish trends and predicts lower prices in the coming sessions. Support and resistance levels are provided. The document also includes commentary on movements in international commodity prices and inventories.
The Indian rupee depreciated for the fourth consecutive day against the US dollar, plunging 13 paise to close at 67.27. Weak domestic market sentiments and constant dollar demand from importers and banks put pressure on the rupee. Unfavorable domestic economic data, including a rise in inflation and a decline in industrial production, also weighed on the currency. The dollar gained strength due to rising risk aversion and weak US economic data, including a drop in core retail sales. Most other currencies also declined against the dollar except for the yen. The report provides technical analysis and pivot levels for various currency pairs and highlights upcoming domestic and global economic indicators.
- Gold and silver prices are quoted per troy ounce globally, though other units like grams and kilograms are also used. Benchmark prices for gold are set twice daily in London and Shanghai based on an electronic auction between banks.
- The bid price is what someone will pay for an ounce of gold, while the ask price is the lowest price someone will sell. The spread is the difference between these prices.
- Gold is typically priced in U.S. dollars as it is the most liquid market, though currency strength can cause prices to vary slightly between countries. Silver tends to be much cheaper than gold due to its greater availability during mining.
The document discusses gold prices and provides a forecast for XAU/USD (gold priced in US dollars). It notes that gold has broken out of a descending channel and short-term moving averages show a bullish trend. It expects gold to test support around $1760 before potentially continuing higher to a target above $1835. A breakdown below $1735 would indicate further declines to around $1695. Moving averages now show a bearish trend for gold.
The document provides a technical analysis of various commodities including gold, silver, copper, and crude oil. It finds that gold and silver prices are expected to rise further based on technical indicators such as a breakout of patterns and momentum indicators being above signal lines. Copper prices are also expected to rise based on rising channel formation and indicators being above thresholds. Meanwhile, crude oil prices are expected to fall based on trading in a falling channel and indicators being below levels. Pivot levels are also provided for various commodities on the day.
The Indian rupee dropped for the fifth consecutive day against the US dollar, depreciating 11 paise to close at 66.98. Eurozone CPI declined 0.2% in April, while the UK's claimant count change plunged by 2,400 in the last month. Japan's Q1 GDP rose 0.4%. Other details provided include currency movements and economic indicators from India, Europe, UK and Japan. Technical analysis is also given for USDINR, JPYINR, GBPINR and EURINR currency pairs.
The economic calendar highlights several important economic data releases and events:
- Japan inflation and BOJ interest rate decision are scheduled for release, both expected to be relatively high.
- Eurozone balance of trade figures for January are expected to show a high trade deficit.
- Canadian retail sales for January are forecast to rise significantly month-over-month.
- US existing home sales for February are predicted to be moderate.
- ECB President Lagarde is scheduled to give a speech but no major policy changes are anticipated.
The document provides a daily economic calendar and technical analysis on various currency pairs and gold. It lists key economic data and central bank speaker events that could impact currencies. The technical analysis sections summarize the trend, indicators, and potential trading strategies for each asset, with most pairs seen as neutral but USD/JPY viewed as bullish. Fresh buying opportunities are identified in USD/CHF near 0.9300 and in gold around $1,925.
The document provides a technical analysis of commodity markets. It summarizes trends in gold, silver, copper, crude oil, and other base metals and energy commodities. Gold and crude oil are expected to rise in the near term, while silver and copper are expected to fall. The analysis also provides pivot price levels, fundamentals news on commodities and markets, and LME and SHFE base metals inventory data.
The document contains daily predictions from September 11-30, 2013 for the Indian stock market between 9 AM and 3:30 PM. For each half-hour period, it predicts whether the market will see upside resistance and down, hold its levels and go up or down, or resistance and then go up or down based on reiki and astrology readings. The predictions are given for opening conditions of gap up, gap down, or negative open.
The document provides a daily commodity insight report summarizing prices and technical analysis of gold, silver, crude oil, and USD/INR exchange rates. It also analyzes silver and jeera prices in India, noting that silver prices have fallen 20% in the past month but may see a short-term rebound, while jeera prices are down 10% due to poor demand but expected to rise in the next 1-2 months if prices dip to certain support levels. Overall, the report gives updates on commodity prices movements and provides short-term trading recommendations.
Gold and silver prices dropped on Friday due to a stronger US dollar, though silver was on track to end its first weekly gain in four weeks. The dollar weakened over the week as tensions eased between the US and China over new tariffs. However, gold has still lost over 10% from its peak in April due to the ongoing trade dispute and rising US interest rates. The report recommends buying silver on the MCX exchange above Rs. 37530/kg as tensions ease and the dollar declines.
This report forecasts the monthly gold fixing price from February 2015 to September 2015 using a regression model. It finds that over the past year, gold prices have been decreasing but the model forecasts prices to increase over the forecast period. The regression uses monthly returns on the DIX, S&P 500, and term premium as predictors. It finds all three to have a statistically significant positive relationship with gold prices. Based on the evidence, it recommends the CME group invest in gold to maximize returns over the forecast period.
The document provides a technical analysis of commodity markets. It summarizes that gold and silver prices are expected to move lower due to descending triangle patterns on hourly charts. MCX gold is predicted to reach 29300 levels and MCX silver 39000 levels. MCX copper is also forecasted to fall to 300 due to trading below the 100 HEMA and weakness in momentum indicators. MCX crude oil is assessed as bearish due to completing a bearish pattern at 3330 and momentum indicators, with a predicted drop to 3190. Fundamental news is also provided on movements in gold, crude oil, and other commodities.
- The Indian rupee appreciated by 5 paise against the US dollar on Monday due to selling of dollars by exporters and banks as well as upbeat domestic market sentiments.
- Spanish unemployment declined by 124,300 in June, while UK construction PMI fell by 5.2 points and Eurozone investor confidence plunged in July.
- Technical analysis indicates the rupee may strengthen further to 66.10 levels in the coming sessions, while the pound and euro are expected to weaken against the dollar and yen.
The document provides a technical analysis of commodity markets. It predicts that gold and silver prices will rise further in the near term based on technical indicators showing positive momentum. Copper and crude oil prices are expected to fall based on indicators showing weakness. Other base metals like aluminum, lead, nickel, and zinc are provided with support and resistance levels. Fundamental news regarding gains in gold and losses in oil are also mentioned, citing uncertainty following Brexit. International closing prices of commodities and currencies are listed.
Equities, interest rates, energy, commodities and currencies have become more correlated in their movements in recent years. This lack of diversification increases volatility and risk for portfolios. The document discusses how quantitative easing policies have caused liquidity to spread beyond domestic markets, influencing commodity prices globally and reducing benefits from diversification across asset classes.
A list of blogs and articles by Shamik bhose...a list of links and summary of TV interviews of Shamik on National business channels like ET Now or Cnbc or Zee Business news etc etc..
Shamik Gold Standard & Reasons 2011 SeptShamik Bhose
The document discusses 11 reasons why gold prices could rise significantly in the next 2-4 years, reaching as high as $5,000-$10,000 per ounce. It outlines factors such as heavy government debt leading to currency devaluation, lack of new gold supply discoveries, central banks and large companies increasing gold reserves, and many analysts predicting much higher future gold prices. Over 130 analysts are cited who believe gold will reach prices from $2,500-$20,000 per ounce in the next few years due to ongoing currency debasement and other supply and demand factors driving gold higher.
- The document discusses gold sentiment and provides a bullish outlook for gold prices.
- It notes that gold timers are less bullish now than in late July despite gold prices being 18% higher, which is viewed as a bullish contrarian signal.
- Sentiment indicators suggest a "wall of worry" has been rebuilt in the gold market, which could allow for further price rallies going into 2012.
1) The document discusses how the world is facing an imminent economic and social disaster due to decades of monetary mismanagement, debt accumulation, and moral and financial decadence.
2) Rising food and fuel prices are causing empty stomachs to riot in many countries, leading to regime changes, and this instability will likely spread across the globe.
3) The world is on the precipice of a hyperinflationary depression of unprecedented scale, as real money, food, and fuel are running out simultaneously just as governments have no ability to alleviate problems and stave off disaster.
The document discusses chaos theory and the perception of risk in markets. It argues that after periods of strong returns, markets tend to enter periods of choppy trading as returns average out. The author believes the Indian market has entered such a period after high returns from 2002-2008. Sentiment indicators are swinging quickly between fear and complacency. The author advises a cautious approach, focusing on stock picking rather than trying to replicate past decade's performance in current conditions.
The document discusses gold prices and provides a forecast for XAU/USD (gold priced in US dollars). It notes that gold has broken out of a descending channel and short-term moving averages show a bullish trend. It expects gold to test support around $1760 before potentially continuing higher to a target above $1835. A breakdown below $1735 would indicate further declines to around $1695. Moving averages now show a bearish trend for gold.
The document provides a technical analysis of various commodities including gold, silver, copper, and crude oil. It finds that gold and silver prices are expected to rise further based on technical indicators such as a breakout of patterns and momentum indicators being above signal lines. Copper prices are also expected to rise based on rising channel formation and indicators being above thresholds. Meanwhile, crude oil prices are expected to fall based on trading in a falling channel and indicators being below levels. Pivot levels are also provided for various commodities on the day.
The Indian rupee dropped for the fifth consecutive day against the US dollar, depreciating 11 paise to close at 66.98. Eurozone CPI declined 0.2% in April, while the UK's claimant count change plunged by 2,400 in the last month. Japan's Q1 GDP rose 0.4%. Other details provided include currency movements and economic indicators from India, Europe, UK and Japan. Technical analysis is also given for USDINR, JPYINR, GBPINR and EURINR currency pairs.
The economic calendar highlights several important economic data releases and events:
- Japan inflation and BOJ interest rate decision are scheduled for release, both expected to be relatively high.
- Eurozone balance of trade figures for January are expected to show a high trade deficit.
- Canadian retail sales for January are forecast to rise significantly month-over-month.
- US existing home sales for February are predicted to be moderate.
- ECB President Lagarde is scheduled to give a speech but no major policy changes are anticipated.
The document provides a daily economic calendar and technical analysis on various currency pairs and gold. It lists key economic data and central bank speaker events that could impact currencies. The technical analysis sections summarize the trend, indicators, and potential trading strategies for each asset, with most pairs seen as neutral but USD/JPY viewed as bullish. Fresh buying opportunities are identified in USD/CHF near 0.9300 and in gold around $1,925.
The document provides a technical analysis of commodity markets. It summarizes trends in gold, silver, copper, crude oil, and other base metals and energy commodities. Gold and crude oil are expected to rise in the near term, while silver and copper are expected to fall. The analysis also provides pivot price levels, fundamentals news on commodities and markets, and LME and SHFE base metals inventory data.
The document contains daily predictions from September 11-30, 2013 for the Indian stock market between 9 AM and 3:30 PM. For each half-hour period, it predicts whether the market will see upside resistance and down, hold its levels and go up or down, or resistance and then go up or down based on reiki and astrology readings. The predictions are given for opening conditions of gap up, gap down, or negative open.
The document provides a daily commodity insight report summarizing prices and technical analysis of gold, silver, crude oil, and USD/INR exchange rates. It also analyzes silver and jeera prices in India, noting that silver prices have fallen 20% in the past month but may see a short-term rebound, while jeera prices are down 10% due to poor demand but expected to rise in the next 1-2 months if prices dip to certain support levels. Overall, the report gives updates on commodity prices movements and provides short-term trading recommendations.
Gold and silver prices dropped on Friday due to a stronger US dollar, though silver was on track to end its first weekly gain in four weeks. The dollar weakened over the week as tensions eased between the US and China over new tariffs. However, gold has still lost over 10% from its peak in April due to the ongoing trade dispute and rising US interest rates. The report recommends buying silver on the MCX exchange above Rs. 37530/kg as tensions ease and the dollar declines.
This report forecasts the monthly gold fixing price from February 2015 to September 2015 using a regression model. It finds that over the past year, gold prices have been decreasing but the model forecasts prices to increase over the forecast period. The regression uses monthly returns on the DIX, S&P 500, and term premium as predictors. It finds all three to have a statistically significant positive relationship with gold prices. Based on the evidence, it recommends the CME group invest in gold to maximize returns over the forecast period.
The document provides a technical analysis of commodity markets. It summarizes that gold and silver prices are expected to move lower due to descending triangle patterns on hourly charts. MCX gold is predicted to reach 29300 levels and MCX silver 39000 levels. MCX copper is also forecasted to fall to 300 due to trading below the 100 HEMA and weakness in momentum indicators. MCX crude oil is assessed as bearish due to completing a bearish pattern at 3330 and momentum indicators, with a predicted drop to 3190. Fundamental news is also provided on movements in gold, crude oil, and other commodities.
- The Indian rupee appreciated by 5 paise against the US dollar on Monday due to selling of dollars by exporters and banks as well as upbeat domestic market sentiments.
- Spanish unemployment declined by 124,300 in June, while UK construction PMI fell by 5.2 points and Eurozone investor confidence plunged in July.
- Technical analysis indicates the rupee may strengthen further to 66.10 levels in the coming sessions, while the pound and euro are expected to weaken against the dollar and yen.
The document provides a technical analysis of commodity markets. It predicts that gold and silver prices will rise further in the near term based on technical indicators showing positive momentum. Copper and crude oil prices are expected to fall based on indicators showing weakness. Other base metals like aluminum, lead, nickel, and zinc are provided with support and resistance levels. Fundamental news regarding gains in gold and losses in oil are also mentioned, citing uncertainty following Brexit. International closing prices of commodities and currencies are listed.
Equities, interest rates, energy, commodities and currencies have become more correlated in their movements in recent years. This lack of diversification increases volatility and risk for portfolios. The document discusses how quantitative easing policies have caused liquidity to spread beyond domestic markets, influencing commodity prices globally and reducing benefits from diversification across asset classes.
A list of blogs and articles by Shamik bhose...a list of links and summary of TV interviews of Shamik on National business channels like ET Now or Cnbc or Zee Business news etc etc..
Shamik Gold Standard & Reasons 2011 SeptShamik Bhose
The document discusses 11 reasons why gold prices could rise significantly in the next 2-4 years, reaching as high as $5,000-$10,000 per ounce. It outlines factors such as heavy government debt leading to currency devaluation, lack of new gold supply discoveries, central banks and large companies increasing gold reserves, and many analysts predicting much higher future gold prices. Over 130 analysts are cited who believe gold will reach prices from $2,500-$20,000 per ounce in the next few years due to ongoing currency debasement and other supply and demand factors driving gold higher.
- The document discusses gold sentiment and provides a bullish outlook for gold prices.
- It notes that gold timers are less bullish now than in late July despite gold prices being 18% higher, which is viewed as a bullish contrarian signal.
- Sentiment indicators suggest a "wall of worry" has been rebuilt in the gold market, which could allow for further price rallies going into 2012.
1) The document discusses how the world is facing an imminent economic and social disaster due to decades of monetary mismanagement, debt accumulation, and moral and financial decadence.
2) Rising food and fuel prices are causing empty stomachs to riot in many countries, leading to regime changes, and this instability will likely spread across the globe.
3) The world is on the precipice of a hyperinflationary depression of unprecedented scale, as real money, food, and fuel are running out simultaneously just as governments have no ability to alleviate problems and stave off disaster.
The document discusses chaos theory and the perception of risk in markets. It argues that after periods of strong returns, markets tend to enter periods of choppy trading as returns average out. The author believes the Indian market has entered such a period after high returns from 2002-2008. Sentiment indicators are swinging quickly between fear and complacency. The author advises a cautious approach, focusing on stock picking rather than trying to replicate past decade's performance in current conditions.
Central banks, especially those in emerging markets, hold less than 4% of their foreign exchange reserves in gold on average, which is below the suggested optimal level of 4.6-7% for diversification. A new report from the World Gold Council finds that valuing gold holdings in local currency rather than US dollars could allow the optimal level to rise to 8.4-10% without adding risk. The report concludes that this valuation method minimizes the impact of foreign exchange fluctuations and improves risk-adjusted returns for central banks. In the first quarter of 2012, gold futures rose 6% beating other commodities and dollar indices, driven in part by signals from the US Federal Reserve that more stimulus may be needed for the US economy
The document discusses rising global debt levels and their implications. Total global debt, including government and private sector debt, has nearly tripled since 2001 to over $82 trillion. In comparison, total global equity assets are only around $44 trillion, resulting in a negative global net worth of around $38 trillion. High and rising debt levels increase the risk of fiscal and financial crises for governments and could plunge countries into crisis if debt is not rolled over successfully. The higher global debt climbs, the greater the risks become.
The document discusses gold seasonality patterns and predictions for gold prices over the remainder of 2009 and into 2010-2012. It notes that gold has historically risen between mid-August and the end of the year, averaging 11.4% gains. The document predicts gold will reach $1240/ounce by early 2010 and could reach $1620-2450/ounce in the next 12-36 months. It also discusses factors like dollar weakness, inflation, and economic uncertainty as supportive of higher gold prices in the medium term.
The document discusses Japan's deteriorating financial situation, with a debt-to-GDP ratio approaching 200%, the highest in the world besides Zimbabwe. This has led S&P to downgrade Japan's credit rating, raising concerns that other countries like the US could face similar downgrades if deficits are not reduced. Rising debt is a major global problem with nations having to pay higher interest rates, making deficits harder to manage.
The document provides an overview of the crude oil market in summer 2012. It discusses several factors impacting crude oil prices at the time, including:
1. A projected 17% drop in North Sea crude oil production in September due to maintenance at the Buzzard oil field.
2. Ongoing tensions between Iran and Western countries over Iran's nuclear program, as well as fears of supply disruptions through the Strait of Hormuz.
3. Uncertainty in the Middle East from Syria's civil war and the potential for supply shocks from political instability in other oil producing countries.
The document analyzes supply and demand trends and geopolitical risks that were supporting elevated crude oil prices at
Satellite data has confirmed that groundwater levels are declining rapidly in some parts of northwest India inhabited by 114 million people. Between 2002 and 2008, three Indian states lost a volume of groundwater equal to over twice the capacity of Lake Mead, the largest US reservoir. The depletion is mostly due to unsustainable pumping of groundwater for irrigation, which has tripled India's irrigated area since 1970. Without action to curb water usage, drinking water shortages and reduced crop production are likely to result.
The impact of innovation on travel and tourism industries (World Travel Marke...Brian Solis
From the impact of Pokemon Go on Silicon Valley to artificial intelligence, futurist Brian Solis talks to Mathew Parsons of World Travel Market about the future of travel, tourism and hospitality.
We’re all trying to find that idea or spark that will turn a good project into a great project. Creativity plays a huge role in the outcome of our work. Harnessing the power of collaboration and open source, we can make great strides towards excellence. Not just for designers, this talk can be applicable to many different roles – even development. In this talk, Seasoned Creative Director Sara Cannon is going to share some secrets about creative methodology, collaboration, and the strong role that open source can play in our work.
Reuters: Pictures of the Year 2016 (Part 2)maditabalnco
This document contains 20 photos from news events around the world between January and November 2016. The photos show international events like the US presidential election, the conflict in Ukraine, the migrant crisis in Europe, the Rio Olympics, and more. They also depict human interest stories and natural phenomena from various countries.
The Six Highest Performing B2B Blog Post FormatsBarry Feldman
If your B2B blogging goals include earning social media shares and backlinks to boost your search rankings, this infographic lists the size best approaches.
1) The document discusses the opportunity for technology to improve organizational efficiency and transition economies into a "smart and clean world."
2) It argues that aggregate efficiency has stalled at around 22% for 30 years due to limitations of the Second Industrial Revolution, but that digitizing transport, energy, and communication through technologies like blockchain can help manage resources and increase efficiency.
3) Technologies like precision agriculture, cloud computing, robotics, and autonomous vehicles may allow for "dematerialization" and do more with fewer physical resources through effects like reduced waste and need for transportation/logistics infrastructure.
The document discusses recent changes by the SEC that will allow money market funds to let their share prices float below $1 and to block withdrawals during times of crisis. It also summarizes market performance for stocks, gold, oil and the US dollar for the week. The S&P 500, Nasdaq and Russell 2000 fell while gold rose. Crude oil closed near recent levels and the US dollar index strengthened significantly.
Epic Research is expertise in serving Stock Market recommendations generated by the experienced research team whose technical analysis is best for all the segments of the Indian share market and Global market.
The document provides commentary on various financial markets and economic indicators. It discusses:
1. Employer tactics like making all employees part-time or using automation to avoid paying $15 minimum wage and benefits.
2. The impact of a strong US dollar on multinational company earnings and exports. The dollar is at a support level and could impact future earnings if it gains strength.
3. Commentary on movements in the S&P 500, NASDAQ 100, Russell 2000, US Dollar Index, crude oil, and gold. Technical indicators are discussed for each market.
The document provides an economic and currency summary for September 15th, 2016, noting that the Indian rupee appreciated against the US dollar, while also highlighting inflation and other economic data from India, the UK, Eurozone, China, and the US that impacted currency movements. Technical analyses are also provided for certain currency pairs like USDINR, JPYINR, EURINR and GBPINR along with important economic indicators and their expected impact on currencies.
We hope you enjoyed the roller-coaster ride the market provided during the last two weeks. We not only had the Brexit vote, but the end of the month adjustments and the left-over natural adjustment that occurs right after a quarterly expiration of futures. Wahoo an option sellers delight, the VIX pulled out of the doldrums into a brief state of excitement!
Epic Research which is one of the eminent financial advisory known for its analysis for all the segments of the stock market provide free Commodity Tips for Trading having excellent accuracy.
- The document is a weekly market summary and outlook letter from an options trading advisory service.
- It provides analysis of recent price action and technical indicators for S&P 500, Nasdaq 100, Russell 2000, US Dollar, crude oil, and gold markets.
- The letter expects markets to see increased volatility over the coming week due to the Brexit vote on Thursday, with reactions on both Thursday and Friday depending on the outcome.
The document provides a technical analysis of commodity markets. It summarizes recent price movements in gold, silver, copper, and crude oil on the MCX. Gold and copper prices are expected to fall further to Rs. 29730/ounce and Rs. 315/kg respectively due to technical indicators showing bearish trends. Meanwhile, silver and crude oil prices are expected to rise to Rs. 43950/ounce and Rs. 3335/bbl respectively due to bullish technical patterns observed. Pivot levels and trends are provided for various commodities for the day. Fundamental news updates on commodity prices, the dollar index, and LME/SHFE inventory data are also included.
The document provides a weekly market summary and outlook for various indexes and commodities. It notes that the S&P 500 and NASDAQ 100 ended the week lower after reaching new highs earlier. The Russell 2000 and crude oil performed poorly, with indicators pointing lower. Gold also looks weak with support at $1182. The US dollar index remains strong with indicators pointing higher still. In closing, the author advises caution given mixed signals in markets and recommends tight stops if positions are held.
GOLD -Gold reversed its fortunes somewhat last week, moving higher and ending what has been its worst tranche of losses in a
while. As a result, it may be worth taking a closer look at what was driving this price action and what it could mean moving forward.
In particular, we should take a look at the fundamental and technical factors that have been impacting,and will continue to impact, the
The document provides an economic calendar with upcoming news releases and their expected impact on various currencies. It also includes technical analysis and trading strategies for several currency pairs. The key news releases include UK unemployment rate and US core inflation rate. Analysis of AUD/USD, NZD/USD, EUR/USD, GBP/USD, USD/JPY, USD/CAD, USD/CHF and gold suggest neutral to bullish outlooks based on technical indicators and recent price action. Trading strategies provide entry, target and stop loss levels.
Gold and silver prices declined last week due to the US Federal Reserve interest rate hike and strengthening US dollar. For this coming week, gold is expected to find support between 24700-24400 and resistance between 25200-25300. Silver is expected to find support between 33550-33100 and resistance between 34300-34800. Crude oil declined due to high inventories but may see some upward movement due to the US lifting its crude oil export ban to Canada. Copper reversed from support and may trade in a range this week.
Fundamentally, the US economy is showing slight improvement based on stronger than expected Q2 GDP growth and China PMI data, which will support demand and prices for base metals in the coming months. Technically, lead prices have risen 25 rupees in the past three months and are in an upward trend, with targets of 105 and 112 possible in the next few weeks as lead breaks out of an inverse head and shoulders pattern. Turmeric prices have risen over 3000 rupees or 20% in three weeks on lower arrivals and good domestic demand, with further upside to 15500 and 16000 possible in the next two months.
The document provides a recommendation to sell gold and silver futures contracts on the MCX exchange in India. For gold, it recommends selling above 26950-27050 levels with a stop loss of 27250 and target of 26500. For silver, it recommends selling at 37700-37600 with a stop loss of 38050 and target of 36500. Both recommendations are based on technical analysis showing the metals in bearish short and medium-term trends with resistances at cited levels and indicators like RSI in oversold zones, suggesting upside moves may end soon. Charts are provided showing wave counts supporting the analysis.
The document provides a technical analysis of various commodities including gold, silver, copper, crude oil, and other base metals. It finds that gold and silver prices are expected to move lower in the coming sessions based on breakdown of patterns and momentum indicators. Copper prices are also forecasted to decrease towards 368 levels. Meanwhile, crude oil is predicted to rise towards 3700 due to support from its wedge pattern and RSI being above 50. Pivot levels and trends are given for different commodities. Fundamental news relates to US economic growth and its implications for rates and gold prices. International closing prices of commodities and currencies are also listed.
The document provides a weekly market review and analysis from Thirdeyeopentrades. It includes commentary on precious metals such as gold and silver, as well as analysis of stocks, indexes, and other economic indicators. The author provides charts and technical indicators to speculate on potential price movements and trading opportunities in the near future. However, readers are advised to do their own research and assume full responsibility for their investment decisions.
The document provides an analysis of copper and guarseed prices and trading opportunities. For copper, fundamentals suggest prices may rise due to improving US economic data and demand. Technically, copper is at a lifetime high and may reach $8300-$8500 on the LME and $372-$380 on MCX. In the long term, prices could reach $400-$420 and $450-$470. For guarseed, prices have fallen due to high supply but may rise in October-November. Technically, prices are consolidating and may break resistance at $2150 to reach $2250-$2400. Both commodities present buying opportunities on dips according to the analysis.
- The S&P 500 hit a resistance level twice last week according to a horizontal line drawn based on past behavior, but volume is declining in the recent four-day rally, which is typical of the wishy-washy market.
- Earnings season has had some positive and negative surprises, and mergers are beginning to appear as companies take advantage of cheap borrowing costs.
- Most indexes gained on Friday but volume was low on some new highs, a sign the market may need rest before further gains, though indicators still point higher overall. Gold and oil retreated as the dollar rallied.
The Indian rupee depreciated by 12 paise against the US dollar on Monday, closing at 67.18 due to dollar demand from bankers and importers. However, foreign fund inflows into the debt and equity markets supported the rupee and prevented sharper declines. The euro gained 0.2% against the dollar while the pound rose 0.6% on expectations of positive economic data from those regions. Most Asian currencies also weakened against the dollar as risk aversion increased demand for the safe-haven US currency. Technical indicators suggest the rupee may trade in the 67.15-67.65 range over the coming days.
Similar to Shamik On Gold & Silver Breakout (20)
The document discusses 11 reasons why gold prices could rise significantly in the next 2-4 years, reaching as high as $5,000-$10,000 per ounce. It cites factors like heavy government debt leading to currency devaluation, lack of new gold supply discovery, central banks and large companies increasingly purchasing gold to diversify reserves, and widespread analyst predictions of much higher gold prices. Over 130 analysts are referenced who foresee gold's peak price being at least $2,500/ounce, with 90 predicting it will surpass $5,000/ounce, within the next few years.
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Ray & Santiniketan, a little drop of dewShamik Bhose
This summary provides high-level information about the document in 3 sentences:
The document discusses Satyajit Ray's time at Santiniketan and memories the author has of him from their days there, where he was known as Manik-da. It describes interactions between Ray and the author, including a last meeting in Calcutta where Ray seemed tired. The author also shares memories of performing in a play in Santiniketan and interactions with other students from those days.
Shamik bhose profile as director of commodity & currencyShamik Bhose
Shamik Bhose has over 24 years of experience in commodity, currency, and financial markets. He is currently the Executive Director of Commodity, Currency and Interest rate futures markets for Microsec Group. Previously, he held senior positions with major trading houses and e-trading ventures. He has expertise in developing client bases, identifying new markets and business opportunities, and advising exchanges on contract design.
The document discusses gold seasonality patterns and predictions for gold prices over the remainder of 2009 and into 2010-2012. It notes that gold has historically risen between mid-August and the end of the year, averaging 11.4% gains. The document predicts gold will reach $1240/ounce by early 2010 and could reach $1620-2450/ounce in the next 12-36 months. It also discusses factors like dollar weakness, inflation, and economic uncertainty as supportive of higher gold prices in the medium term.
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1. Gold & Silver charts....Dollar & Rupee prices : Monthly, Weekly , Daily
..... BREAKOUT FORMATION
Gold International (Monthly)
Gold currently trading at $1688, confirming the break out in monthly charts. Technically RSI is at 56, thus the market is not
over bought yet. Furthur uptrends above trend resistance at 1800-1825$ is anticipated as the market moves...... above those
levels we expect resistance Poised at $1921,its previous all time highs.........
2. Silver International (Monthly)
Silver is at $31.76, also confirming the break out on a monthly chart. Next target should be around 33.50 to 34.60$ range. We feel
that is comfortably achievable over the next few weeks as monthly charts are showing a RSI at 50...... .under lining strength over
the medium term.
Both gold and silver are watching the QE3 and LTRO announcements from US Fed and the ECB but this only heightens the buyers
anticipations as the central bank buying, Indian and Chinese festival time interest, ETF accumulation, physical market tightness
and currency debasement are all contributing to the solid fundamentals of the up-trends............
This is re-inforced by buying towards the end of the calendar year ; the traditional strong period for gold and silver jewellery
markets amongst asian buyers
3. Gold International (Weekly)
Gold is comfortably trading above its 30 week simple moving average of $1639. Resistance is at $1700 and $1726.
RSI is at 61 and commodity channel index at 155, so there is enough room for gold to move further on a weekly scale.
4. MCX Gold (Weekly)
Chart wise it is an excellent bull pattern forming in MCX gold. Thanks to the recent past weakness in INR vis-avis the us dollar.. .
The price is still trading within the flag pattern and the upside trend line resistance at 31800, above that level, technically
it can be a free run for MCX gold.
7 week RSI is at 77, looks slightly over bought, thus a correction is anticipated before the rally catches fire and the next level
of price highs are set....
5. Silver International (Weekly)
Silver is also trading much higher than its 30 week simple moving average of $30.25. Next target hould be $33. Silver 7 week RSI
is at 75, which is slightly over bought. We expect that amidst the rallies we will have the odd healthy corrections before the price
could reach $36-40$ mark.
6. MCX Silver (Weekly)
MCX silver broke the triangle pattern made over the past 12 months and is trading much higher than its trend line resistance of
55000. Currently silver is trading above 59000. Next target could be 62000 -63,000 , but the weekly 7 RSI is at 77, thus corrections
will pause the rallies...
7. Gold International (Daily)
On the daily chart, Gold is trading well above its 200 simple moving average of $1643. thus a break out is confirmed and next
target could be $1700 to $1726 range . Support is at $1640 and $1620.Gold 14 day RSI is currently neutral but uptrending....
8. Silver International (Daily)
On a daily chart, silver broke through the upside trend line resistance and is trading above $32 currently....
Next target will be $33 – 34.60$ ... the 14 day RSI is at 78, a bit over bought, thus corrections could be in the
offing from time to time
amidst the rallies......On a long term basis, silver looks very bullish !!
9. MCX Gold and Silver (Daily)
Both Gold and silver on a daily chart in dollar terms have moved recently above their 200 day simple moving averages
In the daily chart, gold is still trading within the upside triangle in rupee terms , but silver has broken above that level, thus
silver looks more bullish than gold.
According to RSI (14day) analysis, locally Gold is at 83 and silver at 84 but internationally gold 14 daily RSI is at 62 but silver at
78, silver looks a tad more over
bought than gold right now …….but one needs to be cautious as silver moves in a volatile fashion....
11. USD INR (Daily)
Currently USD INR is trading within a tight range between 54.70 and 56.20. A break out on either side will be decisive.
RSI on daily basis is at a neutral zone....currently and the above mentioned analysis for gold and silver prices in MCX in rupee terms
is assuming that USD INR will remain range bound ; However, Any drastic change in USD - INR will cause major changes in MCX
gold and silver valuation.
12. 25 DELTA 3 MONTH RISK REVERSAL:
Difference in Implied volatility between 25 delta Call Option and Put option, for 3 months. (white line) & USD/INR spot (orange line)
Risk reversal is indicating market remains underweight on USD, in fact tad long in INR. Historically, the current levels of RR has co-
incided with an upward spike in USD. Hence, it can be concluded that market has less appetite for negative news at current levels.
We anticipate that the summer lull during August and Sept shall come to an end soon .....with the options delta pricing a market bias
towards the Rupee, we see that
A fall below 54.80/- close basis on the spot can take us towards 54 ; but the market could be surprised if the dollar rallies........Any
drastic change in USD - INR range established shall will cause major changes as we anticipate a move of over 3-4% or 1.50/- to 2.50/-rs
per dollar
13. “The only source of knowledge is experience” Albert Einstein
Shamik Bhose < Executive Director > Commodity & Currency & Interest rate futures Markets; Microsec Commerze Limited
Archan Singha < senior dealer & commodity Analyst >
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