Thursday, 7 January 2016

ASIAN STOCKS

Asian stocks fell to a three-month low on Thursday after China opted to keep guiding the yuan sharply lower, deepening concerns about the economy and the potential for competitive devaluations by other countries.

www.ripplesadvisory.com  9039089370

 

BRENT CRUDE

Brent crude prices fell to fresh 11-year lows on Thursday as fresh concerns over China's economy added to huge storage overhangs, near-record production and slowing demand that have already pummeled prices.

www.ripplesadvisory.com  9039089370

Brent crude prices fell to fresh 11-year lows on Thursday as fresh concerns over China's economy added to huge storage overhangs, near-record production and slowing demand that have already pummeled prices.

Read more at: http://www.moneycontrol.com/news/commodities/brent-crude-hits-new-11-year-low-as-china-worries-add-to-glut_4906481.html?utm_source=ref_article

Wednesday, 6 January 2016

MCX PRICE

 NATURAL GAS

Open   153.80

High   156.40

Low   153.80

  NIKKEI

Open   18,410.57

High   18,469.38

Low    18,064.30

 CRUDE OIL

Open   2,419.00

High   2,422.00

Low   2,413.00

  GOLD

Open   25,469.00

High   25,477.00

Low   25,442.00

  SILVER

Open   33,691.00

High   33,747.00

Low   33,691.00 

BRENT CRUDE

Brent crude prices were up 18 cents at USD 36.60 a barrel, after closing down 80 cents. 

www.ripplesadvisory.com  9039089370

 

Brent crude prices were up 18 cents at USD 36.60 a barrel, after closing down 80 cents.

Read more at: http://www.moneycontrol.com/news/commodities/oil-prices-edge-higher-after-dropping-to-near-11-year-lows_4890181.html?utm_source=ref_article

U.S. CRUDE

US crude for February delivery was 19 cents higher at USD 36.16 a barrel at 0124 GMT (2024 ET), after slipping 79 cents in the previous session. 

www.ripplesadvisory.com  9039089370

 

US crude for February delivery was 19 cents higher at USD 36.16 a barrel at 0124 GMT (2024 ET), after slipping 79 cents in the previous session.

Read more at: http://www.moneycontrol.com/news/commodities/oil-prices-edge-higher-after-dropping-to-near-11-year-lows_4890181.html?utm_source=ref_article

OIL PRICES

Oil prices edged higher on Wednesday, rebounding from near 11-year lows in the previous session as concerns over growing supply and rising stock levels outweighed tensions between key Middle East producers.

www.ripplesadvisory.com 9039089370

Oil prices edged higher on Wednesday, rebounding from near 11-year lows in the previous session as concerns over growing supply and rising stock levels outweighed tensions between key Middle East producers.

Read more at: http://www.moneycontrol.com/news/commodities/oil-prices-edge-higher-after-dropping-to-near-11-year-lows_4890181.html?utm_source=ref_article
Oil prices edged higher on Wednesday, rebounding from near 11-year lows in the previous session as concerns over growing supply and rising stock levels outweighed tensions between key Middle East producers.

Read more at: http://www.moneycontrol.com/news/commodities/oil-prices-edge-higher-after-dropping-to-near-11-year-lows_4890181.html?utm_source=ref_article
Oil prices edged higher on Wednesday, rebounding from near 11-year lows in the previous session as concerns over growing supply and rising stock levels outweighed tensions between key Middle East producers.

Read more at: http://www.moneycontrol.com/news/commodities/oil-prices-edge-higher-after-dropping-to-near-11-year-lows_4890181.html?utm_source=ref_article
Oil prices edged higher on Wednesday, rebounding from near 11-year lows in the previous session as concerns over growing supply and rising stock levels outweighed tensions between key Middle East producers.

Read more at: http://www.moneycontrol.com/news/commodities/oil-prices-edge-higher-after-dropping-to-near-11-year-lows_4890181.html?utm_source=ref_article

U.S. CRUDE

U.S. crude for February delivery was 19 cents higher at $36.16 a barrel at 0124 GMT (2024 ET), after slipping 79 cents in the previous session.

www.ripplesadvisory.com 9039089370

 

DOLLAR

The dollar was down 0.4 percent at 118.62 yen after hitting a near three-month low of 118.35. The euro slid to a nine-month low of 127.465 yen.

www.ripplesadvisory.com 9039089370

 

Tuesday, 5 January 2016

MCX PRICE

GOLD

Open   25,336.00

High   25,457.00

Low   25,318.00

Open   33,600.00

High   33,750.00

Low   33,568.00

CRUDE OIL

Open   2,467.00

High   2,476.00 

Low   2,445.00

ALUMINIUM

Open   99.15

High   100.10

Low   99.00

COPPER

Open   308.40

High   313.50

Low   308.40

www.ripplesadvisory.com  9039089370

 

Global Benchmark

Global benchmark Brent crude prices were down 22 cents at $37 a barrel at 1057 GMT. U.S. West Texas Intermediate (WTI) crude slipped 4 cents to $36.72 a barrel.

www.ripplesadvisory.com   

 9039089370

 

SILVER

Silver rose 0.6 percent to $13.95 an ounce, having ended 2015 down 11.7 percent. 

www.ripplesadvisory.com   

 9039089370

 

 

SOPT GOLD

Spot gold was up 0.3 percent at $1,077.60 an ounce by 1058 GMT. On Monday, the metal jumped as much as 2.2 percent to a four-week high of $1,083.30 after data showed Chinese factory activity contracted for a 10th straight month in December.

www.ripplesadvisory.com  9039089370

Asian Stock Markets News

Crude prices rose on Tuesday as Asian stock markets stabilized following heavy losses in the previous session, but weak oil market fundamentals with production levels persistently above global demand kept a lid on gains.

www.ripplesadvisory.com 9039089370

 

 

DOLLAR

The dollar regained some ground on the yen to stand at 119.49 JPY after being as low as 118.68 on Monday.

www.ripplesadvisory.com 9039089370

 

BRENT CRUDE

Brent crude LCOc1 was up 25 cents at $37.47 a barrel, while U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 23 cents at $36.99 per barrel, both more than a dollar less than highs reached in the prior session.

www.ripplesadvisory.com 9039089370

 

INDIAN RUPEE

The Indian rupee gained in the early trade on Tuesday. It has opened higher by 11 paise  at 66.50 per dollar versus 66.61 Monday.

www.ripplesadvisory.com 

  9039089370

 

Monday, 4 January 2016

MCX PRICE

COPPER
Open   315.70
High   315.70
Low   308.30
ALUMINIUM
Open   100.35
High   100.45
Low   98.85
GOLD
Open   25,040.00
High   25,318.00
Low   25,034.00
SILVER
Open   33,364.00
High   33,765.00
Low   33,364.00
CRUDE OIL
Open   2,494.00
High   2,529.00
Low   2,462.00
www.ripplesadvisory.com 9039089370
 

GOLD

Gold prices rose by Rs 88 to Rs 25,050 per 10 gram in futures trade as speculators created fresh positions taking positive cues from the global market.

www.ripplesadvisory.com 9039089370

RUPEE

The Indian rupee opened lower by 11 paise at 66.25 per dollar on Monday versus 66.14 Friday.

www.ripplesadvisory.com 9039089370

 

SPOT GOLD

Spot gold was up 0.3 percent to USD 1,063.50 an ounce by 0043 GMT. US gold futures GCcv1 also rose 0.3 percent.

www.ripplesadvisory.com   9039089370

 

BRENT CRUDE

Brent crude looked set for a loss of around 36 percent for the year as sustained selling pushed prices near 11-year lows, and the outlook for oil prices looks bleak for 2016.
www.ripplesadvisory.com

Friday, 1 January 2016

SILVER

On the other hand, silver ready ended flat at Rs 33,300 per kg, while weekly-based delivery drifted by Rs 96 to Rs 33,352 per kg. Silver coins held steady at Rs 46,000 for buying and Rs 47,000 for selling of 100 pieces.

ww.ripplesadvisory.com 9039089370

RUPEE

The Indian rupee opened marginally lower at 66.18 per dollar on Friday against previous close of 66.15.

MCX PRICE

CRUDE OIL

Open   2,475.00

High   2,497.00

Low   2,465.00

ALUMINIUM

Open   100.25

High   100.90

Low   99.80

ZINC

Open   105.95

High   107.40

Low   105.40

LEAD

Open   118.05

High   119.10

Low   117.55

NICKEL

Open   581.80

High   588.30

Low   581.30

SILVER

Open   33,399.00

High   33,411.00

Low   33,233.00

Open   24,913.00

High   25,039.00

Low   24,913.00

www.ripplesadvisory.com   9039089370

 

GOLD

Gold prices rebounded by Rs 120 to Rs 25,510 per ten grams on the first trading day of 2016 at the bullion market. 

www.ripplesadvisory.com   9039089370