Daily Commodity Pointer
18th January 2019

Tracking Market
Jan 17 2019 ClosePrevCloseAbsChange
$ / Re.71.0371.20-0.17
Euro / $1.13871.1390-0.0003
Light Sweet Crude Oil51.4552.32-0.87
Gold $ / OZ-1291.701293.50-1.80
Silver $ / OZ-15.5515.62-0.07
$ / Yen109.24109.070.17

On Jan 18 2019
Events ETISTForecastPrev
FOMC Member Williams Speaks9.0519.35--
Industrial Production m/m9.1519.450.2%0.6%
Prelim UoM Consumer Sentiment10.0020.3097.098.3

CallTracker
Commodity LTPT1T2SLMarginTick
NICKEL822 835840810157000.10


  Pivot Point - Agri/Non-Agri


  
Energy
Oil Ends Down as Record U.S. Output Offsets Jumpstart in OPEC Cuts
Crude prices may be up nearly 14% year to date, with the path of least resistance often appearing to be higher than lower. Yet day-to-day volatility is frustrating those eager to see an uninterrupted move in prices
Bullions
Gold Prices Slip as Global Tensions Ease, Fed Remarks Watched
Gold prices dropped on Thursday on hopes of a thaw in U.S.-Sino relations and on increasing hopes that a 'hard Brexit' scenario can be avoided.
Currency
Upbeat U.S. Data Can't Help Dollar as Sterling Reigns Supreme
The U.S. dollar little changed Thursday as mostly upbeat economic data was offset by strong rise in sterling on bets the U.K. will avoid leaving the EU without a trade deal.
Base Metals
London copper rises for 4th day, touches 2019 high
London copper prices rose for a fourth straight session early on Friday, hitting their highest level so far this year, on signs the United States and top metals consumer China are closer to resolving their long-running trade dispute.
Agri Commodity
Vegetable oil imports up 11% in December
Vegetable oil imports rose by 11 per cent last month to over 12 lakh tonne, edible oil industry body SEA said on Tuesday and predicted that a rise in inward shipments of refined palm oil on customs duty cut
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 1648.83 crores, whereas MCX recorded a total traded turnover of Rs. 27728.64 Crores on 17th January 2019.
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