• posted by IMV |
  • 01/2/2018

Morning News Headlines Economic Times● Big surge in provisions weighs on ICICI Bank in Q3● FTIL case: Sebi revokes interim order against individuals● ONGC buys govt's entire 51.11% stake in HPCL● Mahindra & Mahindra  to invest Rs 600 crore in new EV● Quess to acquire Monster India, HCL Info' care bizMint● SBI gets board approval to divest 4.40% CCIL stake● Havells India promoters sell 2% stake for Rs 647 cr● L&T, 2 senior...

  • posted by IMV |
  • 12/1/2018

Update on Bullion, Base Metal and Energy Levels 12th January 2018Gold futures ended higher on Wednesday, hitting its highest in nearly four months as dollar index fell sharply after a report that Chinese officials recommended slowing or halting purchases of US Treasury securities.Crude oil futures traded lower on MCX after hitting their highest levels overseas. Although traders have been warning of the risks of a downward price correction since...

  • posted by IMV |
  • 12/1/2018

 Crude oil dips in Asia despite strong China data on oil importsCrude oil prices dipped in Asia despite solid China trade data on imports for the month of December and all of 2017 with US rig count data ahead. China's crude oil imports in December come in at 34 million metric tons, while 2017 crude imports rose 10.1% to 420 million metric tons, highest on record. China's gas imports 7.87 million metric tonnes in December, while natural gas...

  • posted by IMV |
  • 11/1/2018

Gold futures ended higher on Wednesday, hitting its highest in nearly four months as dollar index fell sharply after a report that Chinese officials recommended slowing or halting purchases of US Treasury securities.Crude oil futures continued their upmove on Wednesday, extending 4-year highs amid further signs the global oil market is tightening. Traders cheered an unexpected drop in US production while data showing crude stockpiles fell for the...

  • posted by IMV |
  • 10/1/2018

Update on Bullion, Base Metal and Energy Levels 10th January 2018Gold futures ended lower on Tuesday, as traders adopted cautious approach on expectations for more US interest rate hikes this year. The yellow metal also declined as US dollar strengthened against a basket of major currencies on the back of concerns about political uncertainty in Europe, while a buoyant stock market also drained enthusiasm for bullion.Crude oil futures traded...

  • posted by IMV |
  • 09/1/2018

Update on Bullion, Base Metal and Energy Levels 09th January 2018Gold futures ended marginally lower on Monday, notching their first decline after a record streak of 11 straight gains as US dollar rose against a bucket of currencies. Traders await key readings on U.S. inflation due out later this week for hints on the Federal Reserve's pace of interest-rate increases.Crude oil futures traded higher on MCX after US oil prices hit their highest...

  • posted by IMV |
  • 09/1/2018

U.S. oil prices hit highest since 2015, but doubts loom over rallyU.S. oil prices hit their highest since 2015 again as speculators bet on further price rises amid OPEC-led production cuts and a dip in American drilling activity, though some warned the rally could run out of steam. Beyond that 2015-high, which was a short intra-day spike, Tuesday's peak was the strongest level for WTI since December, 2014, at the start of the oil market slump....

  • posted by IMV |
  • 08/1/2018

Update on Bullion, Base Metal and Energy Levels 08th January 2018Gold futures traded flat on Monday, after marking a 3-1/2-month high last week, amid growing expectations of further US interest rate hikes to come this year.Crude oil futures traded marginally higher on MCX as speculators widened their bets on account of output cut by OPEC and Russia, freezing weather in the US which has fuelled demand for heating oil and falling crude oil...

  • posted by IMV |
  • 05/1/2018

Update on Bullion, Base Metal and Energy Levels 05th January 2018Gold futures ended higher on Thursday as the US dollar hit a four-month low against the euro amid optimism about the euro zone economy. Though, some gains were capped as prospects for further US interest rate increases. Crude oil futures extended their gains on Thursday after data showed crude stockpiles fell for the seventh-straight week. Energy Information Agency (EIA)...

  • posted by IMV |
  • 05/1/2018

Oil dips away from 2015 highs as doubts over rally emergeOil prices fell slightly, dropping away from highs last seen in 2015, as soaring production in the United States undermined the 10 percent rally from lows hit in December that was driven by tightening supply and political tensions in OPEC member Iran. Traders said political tensions in Iran, third-largest producer in the Organization of the Petroleum Exporting Countries (OPEC), had pushed...