Tuesday, 3 April 2012
GOLD
The most-active gold for June delivery on the Multi Commodity Exchange (MCX) ended at 28,557 rupees per 10 grams, up 0.14 percent on Monday.
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U.S.MARKET UPDATE
U.S. stocks started the second quarter with a bang on Monday, with the S&P 500 climbing to a fresh four-year high as manufacturing data from the United States and China helped support the outlook for economic growth.
The Dow Jones industrial average added 52.45 points, or 0.40 percent, to 13,264.49 at the close. The Standard & Poor’s 500 Index rose 10.43 points, or 0.74 percent, to 1,418.90. The Nasdaq Composite Index gained 28.13 points, or 0.91 percent, to 3,119.70.
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Commodity Market Outlook :03-04-2012
Oil eases below $123 after first-quarter rally
Gold prices rose above $1,680 an ounce on Monday
Dollar pares gains after earlier 1-mth high vs euro
Spot silver was up 2.4 percent at $32.97 an ounce
Copper rose more than 1 percent on Monday
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Monday, 2 April 2012
ASIAN STOCK
Asian shares kicked off the second quarter in positive territory on Monday as risk appetite returned after China manufacturing data dispelled fears of a hard landing for the world’s second-biggest economy.
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U.S.STOCK
U.S. stocks closed their strongest quarter in more than two years on a positive note on Friday, led by recently underperforming sectors, including energy and health care.
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U.S.TREASURIES
In late trade, the benchmark 10-year Treasury note was down 16/32 in price, its yield rising to 2.22 percent, breaking above its 200-day moving average in the 2.17-2.20 percent area.
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FTSE
The FTSE 100 ended up 0.5 percent, or 26.42 points, on the day at 5,768.45 to end the month down 1.8 percent.
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U.S.CRUDE
U.S. May crude settled at $103.02 a barrel, up 24 cents on the day and $4.19, and up over 4 percent from last quarter.
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