GOOD MORNING
YESTERDAY PROFIT -GOLD 21000/- COPPER 6000/- ZINC 3000/-
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Thursday 20 December 2012
Wednesday 19 December 2012
Crude prices up in Asia on US inventory forecasts
SINGAPORE: Oil prices rose in thin Asian trade Wednesday, supported by a forecasted fall in US crude supplies, analysts said, while US lawmakers appear to be making progress in fiscal cliff talks.
New York's main contract, light sweet crude for delivery in January rose one cent to $87.94 a barrel and Brent North Sea crude for February delivery advanced a cent to $108.85.
Traders were heartened by data released by theAmerican Petroleum Institute (API) late Tuesday showing a sharper-than-expected fall in US stockpiles, said Nick Trevethan, senior commodities strategist at ANZ Research.
"API crude stocks dropped over four million barrels, which should support oil prices," he told AFP.
The fall was far steeper than the 1.7 million to 2.3 million barrel drawdown projected by various analysts. A fall in US crude inventories indicates a pickup in energy demand in the world's largest oil consumer.
The US Department of Energy is due to issue its weekly inventory report later Wednesday.
Confidence has also been boosted by hopes of a breakthrough in Washington on averting the fiscal cliff of tax hikes and spending cuts due to come into effect at the start of January.
The US economy will likely tip into recession if a new deal to cut the country's deficit with less swingeing measures is not found.
President Barack Obama and Republican House Speaker John Boehner have stepped up negotiations in recent days, with both sides narrowing their differences and providing concessions on spending and taxes.
SINGAPORE: Oil prices rose in thin Asian trade Wednesday, supported by a forecasted fall in US crude supplies, analysts said, while US lawmakers appear to be making progress in fiscal cliff talks.
New York's main contract, light sweet crude for delivery in January rose one cent to $87.94 a barrel and Brent North Sea crude for February delivery advanced a cent to $108.85.
Traders were heartened by data released by theAmerican Petroleum Institute (API) late Tuesday showing a sharper-than-expected fall in US stockpiles, said Nick Trevethan, senior commodities strategist at ANZ Research.
"API crude stocks dropped over four million barrels, which should support oil prices," he told AFP.
The fall was far steeper than the 1.7 million to 2.3 million barrel drawdown projected by various analysts. A fall in US crude inventories indicates a pickup in energy demand in the world's largest oil consumer.
The US Department of Energy is due to issue its weekly inventory report later Wednesday.
Confidence has also been boosted by hopes of a breakthrough in Washington on averting the fiscal cliff of tax hikes and spending cuts due to come into effect at the start of January.
The US economy will likely tip into recession if a new deal to cut the country's deficit with less swingeing measures is not found.
President Barack Obama and Republican House Speaker John Boehner have stepped up negotiations in recent days, with both sides narrowing their differences and providing concessions on spending and taxes.
GOOD MORNING
अंतर्राष्ट्रीय बाजार में सोने-चांदी में बढ़त पर कारोबार हो रहा है। कॉमैक्स पर सोना 0.30 फीसदी की तेजी के साथ कारोबार कर रहा है, हालांकि भाव 1,675 डॉलर पर हैं। वहीं चांदी में भी 0.40 फीसदी की मजबूती देखी जा रही है, लेकिन भाव 31 डॉलर प्रति औंस पर हैं।
अंतर्राष्ट्रीय बाजार में कच्चे तेल में सुस्ती देखी जा रही है। नायमैक्स पर कच्चा तेल हल्की गिरावट के साथ कारोबार कर रहा है। वहीं भाव फिलहाल 88 डॉलर प्रति बैरल के आसपास हैं।
लंदन मेटल एक्सचेंज(एलएमई) पर कॉपर में 0.25 फीसदी की तेजी के साथ कारोबार हो रहा है।
कमाई के लिए इन कमोडिटी पर लगाएं दांव-
सोना(फरवरी वायदा)एमसीएक्स: बेचें-31,100 रुपये, स्टॉपलॉस-31,250 रुपये, लक्ष्य-30,950 रुपये
कच्चा तेल(जनवरी वायदा)एमसीएक्स: खरीदें-4,850-4,860 रुपये, स्टॉपलॉस-4,800 रुपये, लक्ष्य-4,950 रुपये
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