Daily Commodity Pointer
03rd August 2015

Tracking Market
Jul 31 2015 ClosePrevCloseAbsChange
$ / Re.64.1364.040.09
Euro / $1.09861.09300.0056
Light Sweet Crude Oil47.1248.52-1.40
Gold $ / OZ-1094.901087.307.60
Silver $ / OZ-14.7614.700.06
$ / Yen123.91124.18-0.27

On Jul 31 2015
Events ETISTForecastPrev
US Chicago PMI9.45AM7.15PM50.749.4
US Revised UoM Consumer Sentiment10.00AM7.30PM94.293.3

CallTracker
Commodity LTPT1T2SLMarginTick
Crude Oil3030299029653065240001.00


  Pivot Point - Agri/Non-Agri


  
Energy
NYMEX crude falls on weak China final July PMI
Crude oil prices fell further in Asia on Monday after a disappointing manufacturing survey from China.
Bullions
Gold extends weakness after worst month in 2 years
Gold edged lower early on Monday, trading near a 5-1/2-year low, as expectations for a near-term hike in U.S. interest rates kept up the downward pressure after bullion fell the most since 2013 in July.
Currency
Aussie holds weaker as China PMI final for July falls
The Australian dollar held weaker in Asia on Monday despite an upbeat manufacturing survey as the outlook for inflation appeared subdued and investors noted a disappointing manufacturing survey from China.
Base Metals
Copper slips as China factory growth judders
London copper slipped on Monday on jitters over China's economic health, after factory growth stuttered in July and a central bank official said downward pressure on the economy would persist into the second half.
Agri Commodity
Cotton wilts on weak offtake
Cotton prices moved down on weak demand from domestic mills and normal monsoon progress.
Retail demand buoys sugar
Sugar market witnessed a firm trend on higher volume at upper mill- level and eased reselling pressure which lifted spot rates by 10-15 a quintal and naka rates by 20-30.
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 3925.04 crores, whereas MCX recorded a total traded turnover of Rs. 22413.88 Crores on 30th July 2015.
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