Daily Commodity Pointer
27th May 2016

Tracking Market
May 26 2016 ClosePrevCloseAbsChange
$ / Re.67.1767.33-0.16
Euro / $1.11921.11550.0037
Light Sweet Crude Oil49.4049.74-0.34
Gold $ / OZ-1219.801224.30-4.50
Silver $ / OZ-16.3416.340.00
$ / Yen109.75110.16-0.41

On May 27 2016
Events ETISTForecastPrev
Prelim GDP q/q8.3018.000.8%0.5%
Revised UoM Consumer Sentiment10.0019.3095.795.8
Fed Chair Yellen Speaks1.1522.45--

CallTracker
Commodity LTPT1T2SLMarginTick
CRUDE OIL3330329032703360240001


  Pivot Point - Agri/Non-Agri


  
Energy
Oil prices retreat from $50 on oversupply concerns
Oil futures dipped further in early Asian trade on Friday, finding resistance at the $50
Bullions
Gold prices lower in Asia with markets looking ahead to Yellen remarks
Gold prices reversed course in Asia on Friday and fell as consumer prices in Japan
Currency
Yen turns weaker in Asia as investors look ahead to Yellen views
The yen turned weaker in Asia on Friday despite consumer prices for April a bit better than expected on the core measure
Base Metals
London copper set for weekly rise, pares big monthly drop
London copper fell on Friday, dragged lower by expectations that a likely U.S. interest rate rise
Agri Commodity
Jeera gains on short covering
Jeera price in futures gained on the back of speculative buying by traders,
Quality woes pound pepper
Spot pepper prices continued to stay easier on quality woes
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 2389.04 crores, whereas MCX recorded a total traded turnover of Rs. 23916.24 Crores on 26th May 2016.
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 circulation.