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Category Archives: Daily Commodity Market Strategy

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 18 JAN 2019

Bullions: Bullion counter may trade on mixed path. Gold futures pulled back on Thursday from the nearly two-week high they settled at a day earlier, as the psychologically important $1,300 line remained elusive for another session. U.K. Prime Minister Theresa May survived a no-confidence vote from Parliament late Wednesday, but the markets were little impacted

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 17 JAN 2019

Bullions Bullion counter may trade in green on expectations the U.S. Federal Reserve will hold off on further interest rate hikes. Risks to the U.S. economic recovery, no end in sight to a partial government shutdown and volatile stock markets have made several Federal Reserve officials call for patience before raising interest rates again. Gold

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 16 JAN 2019

Bullions: Bullion counter may trade with upside bias as gold prices inched up on Wednesday on expectations of a pause in U.S. interest rate hikes and as the dollar weakened against the pound after lawmakers voted down British Prime Minister Theresa May’s deal to leave the European Union. British lawmakers defeated May’s Brexit divorce deal

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 15 JAN 2019

Bullions: Bullion counter may trade on mixed path as gold prices were steady on Tuesday, pressured by a firm dollar on the back of concerns over slowing global growth, but well supported by expectations the U.S. Federal Reserve could refrain from raising interest rates this year. Also fanning fears was a fall in euro zone

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 14 JAN 2019

Bullions: Bullion counter may trade with upside bias as gold prices inched up on Monday, supported by expectations that the U.S. Federal Reserve will not raise rates this year, but the yellow metal faced a strong technical resistance at $1,300, keeping the bullion range-bound for the past couple of weeks. Market participants think that worries

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 11 JAN 2019

BULLION: Bullion counter may trade with upside bias as gold prices edged up on Friday as the dollar softened a touch on expectations the U.S. central bank will keep interest rates steady if the economy slows this year, while the Sino-U.S. trade spat also remained in focus. Gold can find support near 31800 in MCX

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