Daily Commodity Pointer
24th April 2015

Tracking Market
Apr 23 2015 ClosePrevCloseAbsChange
$ / Re.63.3162.820.49
Euro / $1.08201.07210.0099
Light Sweet Crude Oil57.4856.161.32
Gold $ / OZ-1193.001186.906.10
Silver $ / OZ-15.8515.790.06
$ / Yen119.59119.92-0.33

On Apr 24 2015
Events ETISTForecastPrev
EUR German Ifo Business Climate8.00AM1.30PM108.5107.9
EUR Eurogroup MeetingsALL DAYALL DAY--
US Core Durable Goods Orders m/m12.30PM6.00PM0.2%-0.6%
US Durable Goods Orders m/m12.30PM6.00PM0.7%-1.1%

CallTracker
Commodity LTPT1T2SLMarginTick
COPPER374.5 377.8379372250000.05


  Pivot Point - Agri/Non-Agri


  
Energy
Crude Oil Ends Sharply Higher On Weak Dollar, Yemen Crisis
US crude oil surged to end sharply higher on Thursday, after the dollar weakened against a basket of few select currencies on some soft economic data from the US
Bullions
Gold rises from three-week low on soft U.S. dollar
Gold rose from a three-week low on Thursday, following its biggest drop in over a month on Wednesday, as the dollar retreated on weaker-than-expected U.S. economic data.
Currency
Dollar turns broadly lower as U.S. data disappoints
The dollar turned broadly lower against a basket of other major currencies on Thursday, after data showed that U.S. jobless claims rose unexpectedly last week and that U.S. new home sales dropped far more than expected in March.
Base Metals
Copper rises in step with stronger equities, oil
Copper futures edged up on Friday after dropping overnight on weak Chinese industrial data, buoyed by robust share markets in Asia.
Agri Commodity
Govt mulls sugar stockpile, supply curbs to ease crisis
The government is considering proposals to reorganise the sugar sector with a national stockpile of the sweetener and greater control on supply,
Export enquiries lift jeera
Spot jeera prices were higher on the back of strong export as well as good domestic enquiries
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 5569.18 crores, whereas MCX recorded a total traded turnover of Rs. 22229.18 Crores on 23rd April 2015.
Ventura Commodities Ltd.
Corporate Office: C-112/116, Bldg No. 1, Kailash Industrial Complex, Park Site, Vikhroli (W), Mumbai – 400079.

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 Commodities 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 contribution.