Daily Commodity Pointer
23rd December 2014

Tracking Market
Dec 22 2014 ClosePrevCloseAbsChange
$ / Re.63.2463.29-0.05
Euro / $1.22281.22260.0002
Light Sweet Crude Oil55.3257.86-2.54
Gold $ / OZ-1170.701196.10-25.40
Silver $ / OZ-15.6715.89-0.22
$ / Yen120.05119.530.52

On Dec 23 2014
Events ETISTForecastPrev
US Core Durable Goods Orders m/m1.30PM7.00PM1.1%-1.1%
US Final GDP q/q1.30PM7.00PM4.3%3.9%
US Durable Goods Orders m/m1.30PM7.00PM3.0%0.3%
US Revised UoM Consumer Sentiment2.55PM8.25PM93.593.8
US New Home Sales3.00PM8.30PM461K458K
US Personal Spending m/m3.00PM8.30PM0.5%0.2%
US Personal Income m/m3.00PM8.30PM0.6%0.2%

CallTracker
Commodity LTPT1T2SLMarginTick
COPPER408406404411250000.05


  Pivot Point - Agri/Non-Agri


  
Energy
Natural gas drops to nearly 2-year lows on mild weather
Natural gas futures dropped to nearly two-year lows on Monday, due to milder-than-expected weather and as concerns over supply shortages during the winter heating season began to subside.
Bullions
Gold trades higher but fails to rise above $1,200
Gold prices were higher on Monday, but held around the $1,200 threshold as the sustained strength of the dollar continued to weigh on the precious metal.
Currency
Dollar holds close to 5-year highs against other majors
The dollar remained close to five-year highs against the other major currencies on Monday, after disappointing U.S. housing data as expectations for a U.S. rate hike next year continued to support demand for the greenback.
Base Metals
Copper falls after weak US housing data
Copper prices fell on Monday, after data showed sales of previously owned homes in the US tumbled last month, raising concerns about demand for the metal.
Agri Commodity
Cardamom gains flavour on demand
Cardamom prices increased on higher domestic demand at last week?s auctions held in Kerala and Tamil Nadu.
Weak inflow boosts soya oil
Weak arrival and improved buying lifted soya oil prices in Indore mandis with soya refined prices being quoted at Rs.600-605 for 10 kg, while soya solvent rose to Rs.585-90.
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 3624.46 crores, whereas MCX recorded a total traded turnover of Rs. 21005.27 Crores on 22nd December 2014.
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