Japans leading index, which measures the future economic activity, dropped to 103.9 in July, its lowest score since late 2016 and from 104.6 in June, final data from the Cabinet Office showed Tuesday. The reading was above the preliminary estimate of 103.5 but the lowest score since November 2016. At the same time, the coincident […]

Precious metals including gold and silver were trading lower ahead of the two-day US Federal Reserve meeting beginning later in the day. MCX Gold futures were down 0.18 per cent at Rs 30,786 per 10 gram at around 10.20 am (IST), while MCX Silver futures were down 0.43 per cent at Rs 37,706 per 1 […]

Angel Commodities’ report on Soybean NCDEX Oct Soybean falls 1.64% on Monday due to profit booking by the market participants expecting bumper crop during next season. The area under soybean in the country up 6 .3 % at 112.6 lakh ha as of last week compared to last year sowing, according to data […]

The Indian rupee worsened against the dollar in early trades on Tuesday, 25 September 2018 owing to increased demand for the American currency from importers as global crude oil prices hit four-year high. The international benchmark Brent crude breached the USD 81 a barrel mark by surging over 3 per cent to trade at USD […]

Large precious metals speculators trimmed their bearish net positions in the Silver futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of Silver futures, traded by large speculators and hedge funds, totaled a net position of -25,516 […]

Gold was steady on Tuesday amid simmering US-China trade tensions after a new set of tariffs came into effect, while investors stuck to the sidelines ahead of a US Federal Reserve meeting. Fundamentals Spot gold was barely changed at $ 1,198.28 by 0056 GMT. US gold futures were down 0.2 per cent at $ 1,202.60 […]

Japan producer prices were up 1.3 percent on year in August, the Bank of Japan said on Tuesday – exceeding expectations for an increase of 1.1 percent, which would have been unchanged from the July reading. On a monthly basis, producer prices were unchanged after rising 0.1 percent in the previous month.

India’s Crude oil production during August, 2018 was 2908.12 TMT which is 6.47% lower than target and 3.70% lower when compared with August, 2017. Cumulative crude oil production during April-August, 2018 was 14611.53 TMT which is 3.55% lower than target for the period and 3.27% lower than production during corresponding period of last year. Natural […]

Steady bargain buying at lower levels pulled NCDEX Chana up today after a shaky start. A recent pick up in Chana arrivals in Delhi clubbed with prospects of sturdy rabi sowing prospects has weighed on the commodity recently. The benchmark NCDEX futures fell near Rs 3900 per quintal in early moves before edging up. The […]

Large energy speculators continued to cut their bullish net positions in the WTI Crude Oil futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled […]