Saturday 14 July 2012

ASIAN STOCK

Asian stocks fell, with the regional benchmark posting its largest weekly retreat since May, amid concern a slowdown in economies from China and Korea to Australia will hurt corporate profits.
0731-6618000

U.S.STOCK

Stocks surged on Friday, lifted by economic figures that eased concerns about growth in China and earnings at JPMorgan that eased fears about the impact of failed trades that cost the bank billions.

0731-6618000

EURO

The euro fell to $1.2190, not far from a two-year trough of $1.2166 hit on trading platform EBS the previous day and on track for its second straight week of losses.
0731-6618000

U.S.CRUDE

U.S. crude rose $1.02 to settle at $87.10 a barrel, after reaching $87.61. It scaled the front-month 50 day moving average of $87.50, pushing above it for the first time since early May on its way to posting a 3.14 percent gain for the week.
0731-6618000

BRENT CRUDE

Brent August crude rose $1.33 to settle at $102.40 a barrel, reaching $103.44 intraday and moving above its 50-day moving average for the first time since April when it pushed past $101.65.
0731-6618000

SHANGHAI COPPER

The most-active October copper contract on the Shanghai Futures Exchange rose 0.5 percent to 55,420 yuan ($8,700) a tonne and is on track to end the week down 0.6 percent.
0731-6618000

LME COPPER

Three-month copper on the London Metal Exchange rose to $7,605.50 per tonne, its highest since July 6, but pared gains afterwards, trading 0.3 percent up at $7,575 per tonne by 0411 GMT.
0731-6618000

COPPER

Copper rose to a one-week high on Friday after data showed China’s economy grew at an expected 7.6 percent in the second quarter after many investors had bet on a much worse showing.
0731-6618000

SPOT GOLD

Spot gold rose 1. 2 percent at $1,5 8 9.6 3 an ounce by 2 : 42 p.m. EDT (18 4 2 GMT)
0731-6618000

GOLD

Gold rose about 1.5 percent on F riday, boosted by sharp rallies in equities and commodities after data showed that China’s  economic growth, though slower, was stronger than some had expected.
0731-6618000

U.S.MARKET UPDATE

Stocks surged on Friday, lifted by economic figures that eased concerns about growth in China and earnings at JPMorgan that eased fears about the impact of failed trades that cost the bank billions.
The Dow Jones industrial average .DJI rose 203.82 points, or 1.62 percent, to 12,777.09. The S&P 500 Index .SPX gained 22.01 points, or 1.65 percent, to 1,356.77. The Nasdaq Composite .IXIC added 42.28 points, or 1.48 percent, to 2,908.47.
0731-6618000

Friday 13 July 2012

ASIAN STOCK

Asian shares marked time with small gains on Friday ahead of China’s second-quarter gross domestic product figures which could depress risk appetite while a Moody’s downgrade of Italy’s credit rating threatened to rekindle worries over Europe’s debt crisis.
0731-6618000

U.S.STOCK

U.S. stocks fell on Thursday, hit by more warnings in the technology sector, while a rally in Procter & Gamble helped the blue-chip Dow cut its loss.
0731-6618000

U.S.TREASURY

U.S. Treasuries rose in price on Thursday, Benchmark 10-year notes were trading 11/32 higher in price to yield 1.48 percent, down from 1.52 percent late Wednesday.
0731-6618000

DOLLAR

The dollar index stood at 83.614. It had climbed to 83.829 on Thursday, the highest level since July 2010. Against the yen, the dollar edged up 0.1 percent to 79.33 yen.
0731-6618000

EURO

The euro fell around 30 pips to a session low at $1.2181 on the ratings news, coming close to the overnight trough of $1.2166.
0731-6618000

NIKKEI

The Nikkei average was little changed at 8,717.25,though sentiment remained fragile after it pierced below its 25-day moving average on Thursday, when it fell 1.5 percent in the sixth consecutive day of decline.
0731-6618000

U.S.CRUDE

U.S. crude was at $85.93, down 15 cents.
0731-6618000

BRENT CRUDE

Brent crude futures for August delivery  settled at $101.07 a barrel, up 84 cents. It shot up to a session high of $101.36 a barrel, moving toward its 50-day average of $101.86.
0731-6618000

SHANGHAI COPPER

The most-active October copper contract on the Shanghai Futures Exchange rose 0.1 percent to 55,180 yuan ($8,700) per tone.
0731-6618000

LME COPPER

Three-month copper on the London Metal Exchange inched down 0.3 percent to $7,535 per tonne by 0101 GMT, after rising 0.2 percent on Thursday, on track to end the week up 0.2 percent.
0731-6618000

U.S.GOLD

The U.S. gold futures contract for August delivery  edged up 0.2 percent to $1,568.50.
0731-6618000

SPOT GOLD

Spot gold had inched down 0.1 percent to $1,568.70 an ounce by 0006 GMT, heading for a weekly decline of 0.9 percent.
0731-6618000

GOLD

Gold ticked lower on Friday,remaining on course for a second consecutive week of losses as worries about the euro zone debt crisis.
0731-6618000

U.S.MARKET UPDATE

U.S. stocks fell for the fourth day on Tuesday as more pessimism from U.S. companies compounded worries the sluggish world economy is taking a toll on U.S. profit growth.
The Dow Jones industrial average was down 83.17 points, or 0.65 percent, at 12,653.12. The Standard & Poor’s 500 Index was down 10.99 points, or 0.81 percent, at 1,341.47. The Nasdaq Composite Index was down 29.44 points, or 1.00 percent, at 2,902.33.
0731-6618000

Commodity Market Outlook :13-07-2012

Gold down on dollar rise, Fed easing outlook
U.S. jobless data beats expectations
Dollar rise, disappointment over no Fed stimulus weigh
Silver edged up 0.2 percent to $27.12 an ounce
Copper slips ahead of China GDP data
Oil prices trimmed earlier losses on Thursday
0731-6618000

Wednesday 11 July 2012

ASIAN STOCK

Asian shares fell on Wednesday on worries that the global economic slowdown will erode corporate earnings, with the market unconvinced the euro zone can decisively bring down struggling member states’ borrowing costs even after yields pulled back.
0731-6618000