Asian stocks wobbled and the dollar index edged up from a
five-week low on Tuesday as investors positioned for the Federal Reserve's
monetary policy meeting at which it might offer clues to the timing of its
stimulus reduction. * Foreign institutional investors sold 2.32 billion rupees
of cash shares on Monday, exchange data showed, while domestic institutions
were net sellers of 1.01 billion rupees in shares.
Tuesday, 30 July 2013
U.S.STOCKS
U.S. stocks fell on Monday, pulling back before this week's
Federal Reserve meeting that could signal when the Fed is going to begin
reducing its bond purchases aimed at helping the economic recovery.
U.S.TREASURIES
U.S. Treasuries prices fell on Monday on selling by Wall
Street dealers to lock in borrowing costs for corporate bonds they are
underwriting ahead of this week's Federal Reserve policy meeting and U.S.
employment report.
NIKKEI
The benchmark Nikkei rose 0.2 percent to 13,684.99 in
midmorning trade, after opening slightly lower, while the broader Topix gained
0.5 percent to 1,134.00.
DOLLAR
The dollar drifted off a five-week trough against a basket
of major currencies on Tuesday as the euro faltered ahead of chart resistance
and a three-day rally in the yen lost a bit of steam.
EURO
The euro held steady at $1.3258, staying below a five-week
high near $1.3297 set Friday on trading platform EBS and chart resistance at
$1.3300.
U.S.CRUDE
U.S. crude futures fell 25 cents to $104.30, pressured by a
recovery in the U.S. dollar. The North Sea benchmark's premium over its U.S.
counterpart widened to $3.04.
BRENT CRUDE
Brent crude futures had slipped 11 cents to $107.34 a barrel
by 0259 GMT, after falling 0.8 percent last week.
LME COPPER
Three-month copper on the London Metal Exchange CMCU3 slipped
by 0.22 percent to $6,862.75 a tonne by 0104 GMT, from the previous session
when it finished little changed.
COPPER
London copper marked time on Tuesday, but was off a near
three-week low touched the session before, as focus shifted to any clues from
the U.S. Federal Reserve on the timing of a pull-back in bond purchases, which
could cut commodities demand.
SPOT SILVER
Spot silver was down 0.50 percent at $19.90 an ounce, having
touched a one-month high of $20.60 last week.
SPOT GOLD
Spot gold had edged up 0.05 percent to $1,327.61 an ounce by
0007 GMT. It fell 0.5 percent on Monday as investors took profits after three
weeks of gains.
GOLD
Gold was steady on Tuesday as traders shied away from taking
big bets ahead of a key Federal Reserve meeting beginning later in the day.
U.S.MARKET UPDATE
U.S. stocks fell on Monday, pulling back before this week’s Federal Reserve meeting that could signal when the Fed is going to begin reducing its bond purchases aimed at helping the economic recovery.
Losses were led by the energy and financial sectors, with both the S&P energy index and S&P financial index down 0.8 percent. Shares of Southwestern Energy slid 3 percent to $38.14 and shares of Noble Energy fell 2.1 percent to $62.07 following as a decline in natural gas prices.
GM BULLION OPENING BUZZ
GM BULLION OPENING BUZZ:-
GOLD:- 28300
SILVER:- 41048
COPPER:- 411
NICKEL:- 814.40
CRUDE:- 6232
NATURALGAS:- 207.30
LEAD:- 122.90
ZINC:- 108.35
ALUMINIUM:- 104.65
GOLD:- 28300
SILVER:- 41048
COPPER:- 411
NICKEL:- 814.40
CRUDE:- 6232
NATURALGAS:- 207.30
LEAD:- 122.90
ZINC:- 108.35
ALUMINIUM:- 104.65
GM GOOD MORNING BULLION MARKET UPDATE
GM GOOD MORNING BULLION MARKET UPDATE:-
GOLD TREND:- SIDEWAYS
STRATEGY:- SELL ON HIGH
S1- 27900 S2- 27600
R1- 28500 R2- 28900
SILVER TREND:- SIDEWAYS
STRATEGY:- SELL ON HIGH
S1-40600 S2- 40000
R1- 41600 R2- 42300
COPPER TREND:- SIDEWAYS
STRATEGY:- BUY ON DIPS
S1-405 S2- 400
R1-414 R2- 418
GM GOOD MORNING BULLION MARKET UPDATE
GM GOOD MORNING BULLION MARKET UPDATE:-
CRUDE TREND:- SIDEWAYS
STRATEGY:- SELL ON HIGH
S1-6180 S2- 6130
R1- 6300 R2- 6350
NICKEL TREND:- SIDEWAYS
STRATEGY:- SELL ON HIGH
S1-805 S2- 800
R1- 820 R2- 828
LEAD TREND:- SIDEWAYS
STRATEGY:- SELL ON HIGH
S1-120.5 S2- 118
R1- 123 R2- 125
Monday, 29 July 2013
ASIAN STOCKS
MSCI's broadest index of Asia-Pacific shares outside Japan
edged up 0.1 percent, following on from a 1.9 percent rise last week. But
Tokyo's Nikkei slid 1.8 percent, extending last week's 3.2 percent decline.
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