Daily Commodity Pointer
31st October 2014

Tracking Market
Oct 30 2014 ClosePrevCloseAbsChange
$ / Re.61.4761.340.13
Euro / $1.26141.2636-0.0022
Light Sweet Crude Oil81.0281.95-0.93
Gold $ / OZ-1199.001208.20-9.20
Silver $ / OZ-16.4517.08-0.63
$ / Yen109.26108.340.92

On Oct 31 2014
Events ETISTForecastPrev
EUR German Retail Sales m/m07001230-0.8%2.5%
US Core PCE Price Index m/m123018000.1%0.1%
US Personal Spending m/m123018000.2%0.5%
US Chicago PMI1345191560.260.5
US Revised UoM Consumer Sentiment1355192586.486.4

CallTracker
Commodity LTPT1T2SLMarginTick
COPPER416.5413411419300000.05


  Pivot Point - Agri/Non-Agri


  
Energy
NYMEX crude oil weakens slightly in Asia with demand from China eyed
Crude oil prices fell on Friday in Asia with the focus on demand prospects from major importers like China as the U.S. recovery shows renewed signs of strength.
Bullions
Gold prices rebound in Asia as investors look for demand cues
Gold prices gained slightly on Friday in Asia on a rebound from overnight dips as investors eyed growth demand cues for further direction.
Currency
Yen retains weakness after CPI, unemployment, market awaits BoJ
The yen remained weaker against the dollar after consumer prices and unemployment met expectations, thought it recovered from early Friday lows as investors looked ahead to a central bank statement on monetary policy.
Base Metals
Copper falls as dollar rallies on Fed comments, U.S. data
Copper fell more than 1 percent on Thursday as the dollar rallied on strong U.S. growth data and the Federal Reserve's relatively hawkish tone on monetary policy.
Agri Commodity
Drop in freight rates drags sugar
Sugar prices on the Vashi wholesale spot market declined by another Rs.10-14 a quintal on Thursday on slack demand amid ample supply.
Export buying lifts jeera
Jeera prices, in futures and spot market, gained on the back of strong export demand.
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 5551.78 crores, whereas MCX recorded a total traded turnover of Rs. 23772.05 Crores on 30th October 2014.
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