Daily Commodity Pointer
27th May 2016

Tracking Market
May 26 2016 ClosePrevCloseAbsChange
$ / Re.67.1767.33-0.16
Euro / $1.11921.11550.0037
Light Sweet Crude Oil49.4049.74-0.34
Gold $ / OZ-1219.801224.30-4.50
Silver $ / OZ-16.3416.340.00
$ / Yen109.75110.16-0.41

On May 27 2016
Events ETISTForecastPrev
Prelim GDP q/q8.3018.000.8%0.5%
Revised UoM Consumer Sentiment10.0019.3095.795.8
Fed Chair Yellen Speaks1.1522.45--

Commodity LTPT1T2SLMarginTick
CRUDE OIL3330329032703360240001

  Pivot Point - Agri/Non-Agri

Oil prices retreat from $50 on oversupply concerns
Oil futures dipped further in early Asian trade on Friday, finding resistance at the $50
Gold prices lower in Asia with markets looking ahead to Yellen remarks
Gold prices reversed course in Asia on Friday and fell as consumer prices in Japan
Yen turns weaker in Asia as investors look ahead to Yellen views
The yen turned weaker in Asia on Friday despite consumer prices for April a bit better than expected on the core measure
Base Metals
London copper set for weekly rise, pares big monthly drop
London copper fell on Friday, dragged lower by expectations that a likely U.S. interest rate rise
Agri Commodity
Jeera gains on short covering
Jeera price in futures gained on the back of speculative buying by traders,
Quality woes pound pepper
Spot pepper prices continued to stay easier on quality woes
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 2389.04 crores, whereas MCX recorded a total traded turnover of Rs. 23916.24 Crores on 26th May 2016.
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