Friday, 28 June 2013

ASIAN STOCKS

 MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1 percent after rising 1.6 percent for a second daily gains on Thursday which took the index away from an 11-month low touched earlier in the week and wipe away this week's steep losses.

U.S.STOCKS

US stocks climbed for a third straight day on Thursday after comments from several Federal Reserve officials soothed concerns that the central bank would begin to reduce its stimulus efforts in the near future.

U.S.TREASURIES

U.S. Treasuries prices gained on Thursday, and a sale of seven-year debt drew more aggressive bidding than markets had expected, in a sign that the bond market is stabilizing after a sharp selloff.

S&P

The S&P 500 gained 9.94 points or 0.62 percent, to finish at 1,613.20. 

FTSE

The FTSE 100 closed up 77.92 points, or 1.3 percent, at 6,243.40, with only nine stocks in negative territory.

DOLLAR

The dollar was up 0.1 percent against a basket of major currencies after reaching a near one-month high of 83.171 on Thursday. It was up 0.2 percent against the yen to 98.53.

NIKKEI

Japan's benchmark Nikkei average rose 3.01 percent to 13,610.67 on Friday, while the broader Topix  gained 3 percent to 1,131.81.

U.S.CRUDE

U.S. crude oil rose 11 cents to $97.16 a barrel.

BRENT CRUDE

Brent crude oil futures gained 18 cents to $103 a barrel by 0251 GMT, after falling to a session low of $102.44 earlier as investors sold off gains from the previous session.

CRUDE OIL

Crude oil futures rose for a fourth straight session on Thursday, gaining over $1 a barrel, as conviction strengthened that monetary stimulus measures from major central banks would stay in place for the time being.

LME COPPER

Three-month copper on the London Metal Exchange fell 0.69 percent to $6,703 a tonne by 0136 GMT, from the previous session when it finished little changed. Prices earlier dipped to $6660.50 a tonne, near a three-year low of $6,602 a tonne hit on June 25.

COPPER

London copper fell on Friday and was trading near three-year lows on jitters about the U.S. Federal Reserve drawing back stimulus, tarnishing the allure of commodities against a backdrop of fitful economic growth.

PLATINUM

Platinum rose 0.9 percent to $1,313 an ounce

SILVER

Among other precious metals, silver edged up 0.1 percent to $18.48 an ounce, a day after it sank 5.5 percent.

U.S.GOLD

U.S. gold fell almost $20 to $1,192.1.

SPOT GOLD

Spot gold reversed earlier gains and declined 0.6 percent to $1,191.79 an ounce by 0150 GMT, having fallen to a three-year trough of $1,180.71 earlier.

SPDR GOLD

Holdings in SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, are near four-year lows.

GOLD

Gold fell below $1,200 on Friday to its lowest since August 2010 and is on track to record its worst quarter since at least 1968 on persistent worries over the U.S. Federal Reserve's plan to wind down its monetary stimulus.

U.S.MARKET UPDATE

US stocks climbed for a third straight day on Thursday after comments from several Federal Reserve officials soothed concerns that the central bank would begin to reduce its stimulus efforts in the near future.
The Dow Jones Industrial Average rose 114.35 points or 0.77 percent, to end at 15,024.49. The S&P 500 gained 9.94 points or 0.62 percent, to finish at 1,613.20. The Nasdaq Composite added 25.64 points or 0.76 percent, to close at 3,401.86.

GM BULLION OPENING BUZZ

GM BULLION OPENING BUZZ:- 

GOLD:- 25247
SILVER:- 38792
COPPER:- 402.65
NICKEL:- 823.70
CRUDE:- 5840
NATURALGAS:- 216.50
LEAD:- 122.05
ZINC:- 108.50
ALUMINIUM:- 103.30 

Thursday, 27 June 2013

ASIAN STOCKS

Asian shares extended gains on expectations the Federal Reserve will not rush to end its stimulus programme, while the euro nursed broad losses.

U.S.STOCKS

US markets closed sharply higher after the weaker-than-expected final read on first-quarter gross domestic product diminished worries that the Fed would taper its stimulus measures in the immediate future. The CBOE volatility index declined near 17.

U.S.TREASURIES

The Treasury sold $35 billion in five-year notes to the lowest demand since September 2009, with a bid-to-cover ratio of 2.45 times. The notes sold at a high yield of 1.48 percent, the highest auction yield since July 2011..

S&P

The S&P 500 gained 15.23 points at 1,603.26.