Daily Commodity Pointer
13th December 2019

Tracking Market
Dec 12 2019 ClosePrevCloseAbsChange
$ / Re.70.8370.830.00
Euro / $1.11281.11280.0000
Light Sweet Crude Oil59.2258.850.37
Gold $ / OZ-1473.801479.40-5.60
Silver $ / OZ-16.9916.920.07
$ / Yen109.30108.550.75

On Dec 13 2019
Events ETISTForecastPrev
Core Retail Sales m/m8.3019.000.4%0.2%
Retail Sales m/m8.3019.000.5%-0.1%
Import Prices m/m8.3019.000.2%-0.5%

CallTracker
Commodity LTPT1T2SLMarginTick
CRUDEOIL4210 427042804169416801


  Pivot Point - Agri/Non-Agri


  
Energy
Oil prices hit highest in three months as U.S.-China trade deal takes shape
Oil prices extended gains on Friday, scaling three-month highs as the United States and China moved closer to a resolution to the 18-month trade war between the world's two biggest economies.
Bullions
Gold prices slip as trade euphoria lifts risk appetite
Gold prices fell on Friday after sources said Washington and Beijing had reached an interim trade deal and averted a fresh round of U.S. tariffs, boosting appetite for riskier assets.
Currency
Sterling sparkles after election poll, yuan up on trade deal reports
The pound rose to a three-and-a-half year high versus the euro and the highest in more than a year versus the dollar after exit polls suggested a win for the Conservatives, which should help ensure the UK's smooth exit from the European Union.
Base Metals
Copper heads for best week since Feb on U.S.-China trade relief
London copper prices raced past $6,200 a tonne for the first time in seven months in early Asian trade on Friday, set to rise for a seventh session in eight, as Washington and Beijing moved closer to ending their long-running trade row.
Agri Commodity
Bullish cues heat up oils
Most of the oils either ruled firm or traded higher at the mandis in Indore on strong global cues and foreign support.
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 1358.86 crores, whereas MCX recorded a total traded turnover of Rs. 38845.74 Crores on 12th December 2019.
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This report is neither an offer nor a solicitation to purchase or sell commodities. The information and views expressed herein are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in or have positions in the commodities mentioned in their articles. Neither Ventura Securities Limited nor any of the contributors accepts any liability arising out of the above information/articles. Reproduction in whole or in part without written permission is prohibited. This report is for private circulation.