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Tag Archives: MCX Copper Tips

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 20 FEB 2019

Precious Metals Preview: Smashing Gains In Gold, MCX Futures Approach Rs 34K. COMEX Gold jumped sharply yesterday, extending the recent gains as global equities saw a choppy pattern as traders remained focused on the US-China trade talks. Weak corporate earnings in Europe hurt the risk sentiments somewhat. Gold market eyed the drop in global Initial

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 18 FEB 2019

Precious Metals Preview: Gold Bulls Stay In Charge. COMEX Gold futures rose last week, eyeing the upbeat movement in commodities as crude oil and copper rallied. The metal has been well supported after recovering from two week low and traders are eying the possibility of a further upmove in the commodity given its recent price

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 15 FEB 2019

Precious Metals Preview: COMEX Gold Recovers From Two Week Low. MCX Gold futures tested around two week low before rising on volatile US equities. US markets saw uneven moves and sentiments were jittery after the US Commerce Department said retail sales fell by 1.2% in December after inching up by a revised 0.1% in November.

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

Market Update (Bullions) Bullion counter may remain sideways to weak bias. U.S. consumer prices were unchanged for a third straight month in January, leading to the smallest annual increase in inflation in more than 1-1/2 years, which could allow the Federal Reserve to hold interest rates steady for a while. Several Federal Reserve officials have

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 13 FEB 2019

Base Metals Preview: Copper Sees Modest Gains. COMEX Copper rose after recovering from one week low on improving risk appetite. The metal trades at $2.78 per pound, up marginally on the day. However, the overall economic undertone remains weak and that could cap the upside for the red metal. The IFO World Economic Climate index

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 12 FEB 2019

Energy Preview: Crude Oil Speculative Longs Fall To Lowest Level In More Than Two Years. Large energy speculators trimmed their bullish net positions in the WTI Crude Oil futures markets in early January, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of

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