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Category Archives: Daily Commodity Market Strategy

CAPITALSTARS – MCX COMMODITY EVENING MARKET NEWS UPDATES – 08 FEB 2018

Oil Prices Slump To 5-Week Low Amid Rising U.S. Output – Crude oil futures extended losses on Thursday, as lingering concerns over rising production in the U.S. sent prices to their lowest levels in around five weeks. Oil settled lower for the fourth session in a row on Wednesday, after data showed U.S. oil production topped the

CAPITALSTARS – MCX COMMODITY EVENING MARKET NEWS UPDATES – 07 FEB 2018

Oil Ticks Higher on Bets for Drop in U.S. Crude Supplies – Crude prices ticked higher on Wednesday, amid speculation weekly supply data due later in the day will show a decline in U.S. oil and fuel supplies. Oil settled lower for the third session in a row on Tuesday weighed down by the recent stock-market rout

CAPITALSTARS – MCX COMMODITY EVENING MARKET NEWS UPDATES – 06 FEB 2018

Oil prices fall more than 1 percent amid global market rout – Oil prices dropped by more than 1 percent on Tuesday, extending falls from the previous session as global financial markets tumbled lower in the wake of one of the biggest intra-day falls ever registered on Wall Street. “The fall (in crude futures) is

CAPITALSTARS – MCX COMMODITY EVENING MARKET NEWS UPDATES – 05 FEB 2018

Gold Edges Lower to Start the Week Amid Rising Bond Yields – Gold prices edged lower to start the week on Monday, as investors reacted to data from the U.S. Labor Department showing wages last month recorded their largest annual gain in more than 8-1/2 years. The data contributed to the sentiment that inflation is

CAPITALSTARS – DAILY MCX COMMODITY MARKET NEWS – 02 FEB 2018

Gold Prices Move Higher with Eyes on U.S. Data – Gold prices moved higher on Friday, as sentiment on the U.S. dollar remained vulnerable ahead of a key U.S. employment report due to be released later in the day. Market participants were looking ahead to the U.S. nonfarm payrolls report due later Friday, for further indications on

CAPITALSTARS – DAILY MCX COMMODITY MARKET NEWS – 01 FEB 2018

Gold Under Pressure Amid Hawkish Fed Rate Hike Outlook – Gold prices edged lower on Thursday, after the Federal Reserve left interest rates unchanged but hinted at hikes later this year. At Fed Chair Janet Yellen’s last policy meeting as head of the central bank, the Fed announced it was holding rates steady, a move that

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