Daily Commodity Pointer
24th July 2014

Tracking Market
Jul 23 2014 ClosePrevCloseAbsChange
$ / Re.60.0860.24-0.16
Euro / $1.34621.3466-0.0004
Light Sweet Crude Oil103.29101.911.38
Gold $ / OZ-1304.701308.20-3.50
Silver $ / OZ-20.9521.01-0.06
$ / Yen101.54101.470.07

On Jul 24 2014
Events ETISTForecastPrev
EUR German Flash Manufacturing PMI0730130052.252.0
EUR Flash Manufacturing PMI0800133052.051.8
US Unemployment Claims12301800310K302K
US New Home Sales14001930485K504K
US Natural Gas Storage1430200095B107B

CallTracker
Commodity LTPT1T2SLMarginTick
COPPER429 432434427300000.05


  Pivot Point - Agri/Non-Agri


  
Energy
NYMEX crude prices carry U.S. gains into Asia, global events support
Crude oil prices gained in Asia early Thursday, carrying gains overnight from a bullish supply report and supported by geopolitical tensions.
Bullions
Gold prices dip in Asia, but global tensions offer support
Gold prices dipped slightly in Asia on Thursday, but remained well supported on global tensions.
Currency
Dollar makes cautious gains on data and earnings, Ukraine weighs
The dollar traded largely higher against most major currencies on Wednesday, buoyed by Tuesday's inflation and home sale data as well as upbeat earnings, though geopolitical tensions in Ukraine weighed on the greenback's advance.
Base Metals
Zinc near 3-year peak as stocks fall, supply tightens
Zinc held near a three-year peak on Wednesday with supply set to tighten while aluminium dipped from multi-month highs but could turn higher again as inventories fall and demand rises.
Agri Commodity
Turmeric falls on quality issues
Prices of hybrid finger turmeric fell further on Wednesday as the quality of arrivals was not up to mark.
Castorseed futures fall on profit booking
As market participants booked profits, castorseed futures declined on Wednesday. However, spot prices improved on fresh demand at the lower level and some export inquiries in castor oil.
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 4112.14 crores, whereas MCX recorded a total traded turnover of Rs. 17349.59 Crores on 23rd July 2014.
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