Daily Commodity Pointer
22nd October 2014

Tracking Market
Oct 21 2014 ClosePrevCloseAbsChange
$ / Re.61.1661.35-0.19
Euro / $1.27131.2797-0.0084
Light Sweet Crude Oil82.5581.850.70
Gold $ / OZ-1249.701247.202.50
Silver $ / OZ-17.5017.410.09
$ / Yen107.06106.940.12

On Oct 22 2014
Events ETISTForecastPrev
US Core CPI m/m123018000.2%0.0%
US CPI m/m123018000.0%-0.2%
US Crude Oil Inventories150020302.8M8.9M

Commodity LTPT1T2SLMarginTick
COPPER409 412.5414407250000.05

  Pivot Point - Agri/Non-Agri

NYMEX crude oil gains in Asia on hopes for global growth
Crude prices gained on Wednesday as investors continued to buy on hopes of stronger global economic growth.
Gold prices down in Asia on profit taking, holiday demand weak
Gold prices eased in Asia on Wednesday on profit taking and with holiday demand failing to offer support.
Dollar gains on upbeat U.S. housing data, ECB stimulus talk
The dollar traded largely higher against most major currencies on Tuesday, buoyed by upbeat U.S. home sales numbers and talk of fresh European Central Bank stimulus programs, though lackluster Chinese economic growth figures capped gains.
Base Metals
Zinc, nickel slide on excess supply, China uncertainty
Nickel hit a seven-month low and zinc slid to its weakest in nearly four months on Tuesday, weighed down by excess supply and doubts about whether China will unveil more stimulus measures after economic growth was slightly better than expected.
Agri Commodity
Chana market under long liquidation, open interest drops 1.38%
Chana settled down by -0.55% at 2870 as a result of the steady sowing progress of pulses along with higher supplies from the major producing states.
Soyabean weakness, market under long liquidation
Soyabean settled down by -2.22% at 3001 due to lower demand in the spot market
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 2797.98 crores, whereas MCX recorded a total traded turnover of Rs. 19334.36 Crores on 21st October 2014.
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