Daily Commodity Pointer
28th July 2017

Tracking Market
Jul 28 2017 ClosePrevCloseAbsChange
$ / Re.64.1064.36-0.26
Euro / $1.16701.16400.0030
Light Sweet Crude Oil49.1548.720.43
Gold $ / OZ-1258.701260.30-1.60
Silver $ / OZ-16.5616.63-0.07
$ / Yen111.33111.120.21

On Jul 28 2017
Events ETISTForecastPrev
Advance GDP q/q8.3018.002.5%1.4%
Advance GDP Price Index q/q8.3018.001.3%1.9%
Employment Cost Index q/q8.3018.000.6%0.8%
Revised UoM Consumer Sentiment10.0019.3093.293.1

Commodity LTPT1T2SLMarginTick

  Pivot Point - Agri/Non-Agri

Crude drifts weaker in Asia with Baker Hughes rig count eyed
Crude prices gave up early gains in Asia on Friday with rig count figures from the U.S
Gold edged higher in Asia with Japan CPI shrugged off
Gold held an edge in Asia on Friday with Japan prices data showing little impact and the market seen steady until more clarity arrives on U.S. economic policies.
Dollar stalls after bounce, U.S. GDP awaited for potential support
The dollar stalled against its major peers on Friday, its mild bounce earlier petering out ahead of the second quarter U.S. economic growth data
Base Metals
Copper steady as dollar flattens
Copper prices drifted in early Asian trading on Friday with little movement in currency markets, a key driver over recent sessions.
Agri Commodity
Global cues lift soya
Improved global cues and physical demand lifted prices of majority of oils in Indore mandis with soy refined quoted at ?634-37
Rubber prices under pressure
Profit booking at higher levels continued to keep the rubber prices under pressure
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 2113.635 crores, whereas MCX recorded a total traded turnover of Rs. 22103.52 Crores on 27th July 2017.
Ventura Commodities Ltd.
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