NEW YORK (Reuters) - Oil futures gained on Monday after OPEC sources said Saudi crude production unexpectedly fell in July, raising concerns about global oil supplies as the United States prepares to reinstate sanctions against major exporter Iran.Brent crude futures rose 54 cents to settle at $73.75 a barrel, while U.S. West Texas Intermediate (WTI) crude futures rose 52 cents to settle at $69.01...Read More
NEW YORK (Reuters) - Stock markets lifted on Monday after strong corporate earnings turned Wall Street positive, but a tariff dispute between the United States and China limited gains in equities while boosting the dollar and helping keep Treasury yields lower.Sterling GBP= dropped to an 11-month low after the British trade minister warned that the nation was headed for a no-deal Brexit, stoking...Read More
WASHINGTON (Reuters) - Loan officers at U.S. banks reported easing lending standards for business loans for firms of all sizes while keeping terms for commercial real estate loans almost unchanged in the second quarter, a Federal Reserve survey showed on Monday.The officers also said they were seeing stronger demand for business loans from small firms and weaker interest in commercial real estate...Read More
Free Zinc Call – Buy Zinc SEP at CMP 177.85 Add more if price 176 with SL 175 for Target 180 – 182 Read More
Mcx Nickel Call – Buy Nickel at CMP 915 Add more at price 907 with SL 898 for Target 925 – 935 Read More
(Reuters) - Shares of Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) surged on Monday to their highest level since March after the conglomerate reported strong second-quarter results in several major business lines.Berkshire on Saturday said operating profit rose 67 percent to $6.89 billion as the Geico car insurer won market share despite raising rates, and faster U.S. economic growth boo...Read More
TODAYS LME STOCK DATA REPORT : 06/08/2018ALUMINIUM -7725 MTCOPPER -725 MTNICKEL -1440 MTLEAD +450MT, TIN -25 MTAND ZINC -750 MT Read More
(Kitco News) - Gold and silver prices were moderately lower in lackluster early-afternoon U.S. trading Monday. Summertime trading conditions has many market-makers either on vacation or thinking about theirs upcoming. Selling pressure today is related to a strong U.S. dollar. Gold is trading not far above last week’s 12-month low. December gold futures were last down $5.50 an ounce at $1,217...Read More
ZINC LIVE MCXZinc Live Mcx – Zinc Buy Call cf4, given at price 179.2 (179.60+178.80) Triggered SL at Price 178.30. Total 0.9 Points per lot SL hit in ZincTIPS ID cf4 : Today Mcx Zinc Tips - BUY Zinc Aug at CMP 179.60 Add more at price 178.80 with SL 178.30 for Target 180.50 - 181.20 Read More
Aluminium Carry Call – Buy Aluminium Aug at CMP 138.70 Add more at price 138 with SL 137.50 for Target 139.60 – 140.20 Read More
LEAD COMMODITY LIVE CALLSLead Commodity Live Calls – Lead SELL Hold Call cca, given at price 146.45 (146.10+146.60) Achieved 1st Target 144. CMP 143.50. Total Profit of 2.95 Points x 2 lot = 5.9 Points / Rs 29500TIPS ID cca : Lead Carry Hold Call - SELL Mcx Lead Aug at CMP 146.10 Add more if price 146.80 for Target 144 - 143 with SL below price 147.80 Read More
Photo by mujijoa79/Shutterstock.com (Kitco News) - The trade war between the U.S. and China continues to heat up with escalating rhetoric coming from both governments; however, the gold market is seeing little safe-haven demand despite the high level of geopolitical uncertainty.Over the weekend, President Donald Trump tweeted that the U.S. is winning the global trade war. Meanwhile, China has...Read More
Today Mcx Zinc Tips – BUY Zinc Aug at CMP 179.60 Add more at price 178.80 with SL 178.30 for Target 180.50 – 181.20 Read More
Outflows of gold from exchange-traded-fund vaults have continued in early August, says Commerzbank. The ETFs track the price of gold, with metal put into storage to back the shares, thereby giving investors exposure to the price of the precious metal without having to incur assaying and storage costs. “We envisage significantly higher gold prices by year’s end, though for this to happe...Read More
(Kitco News) - Gold continues under pressure overnight after last week's tepid bounce. Gold managed a meager $15 bounce on Friday but could not sustain any momentum into the close. Overnight the dollar continued to appreciate, which brought fresh selling into the commodity space. The technical charts look terrible for gold but a possible support zone exists around $1,207. Watching the euro/dollar...Read More
Steel billet prices in most global markets were largely unchanged or edged downward during the week from Monday July 30 to Friday August 3, due to limited buying interest and uncertainty about the impending United States sanctions on Iran.China was the exception, with higher billet prices in the country driven by enforced production cuts.AsiaImport prices in Southeast Asia were largely unchanged d...Read More
Steel billet prices in most global markets were largely unchanged or edged downward during the week from Monday July 30 to Friday August 3, due to limited buying interest and uncertainty about the impending United States sanctions on Iran.China was the exception, with higher billet prices in the country driven by enforced production cuts.AsiaImport prices in Southeast Asia were largely unchanged d...Read More
Base metals on the London Metal Exchange consolidated for much of trading on Monday August 6, with closing prices mixed despite broad strength in the US dollar and an ongoing trade spat between the United States and China. ...Read More
Metal Bulletin is running a one-month consultation to seek feedback on whether to keep or amend the minimum tonnage used in the assessments of its zinc premiums for European countries. At present, Metal Bulletin publishes four weekly assessments for European zinc premiums: Zinc SHG ingot FCA duty-paid Rotterdam Zinc SHG ingot FCA duty-paid Antwerp Zinc SHG ingot FCA duty-paid Italy Zinc SHG ingot...Read More
China announced a 10% tariff on US lead ores and concentrates, which took up one-sixth of its imports last year, a move that could possibly exacerbate the tightness of lead raw material supply, according to a release by China's Ministry of Finance last Friday....Read More