Monday, 13 August 2012

EURO

The euro, however, was barely changed from where it closed in New York at $1.2285.

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NIKKEI

Nikkei share average seesawed in and out of positive territory in early trade on Monday as fresh reasons to buy were thin on the ground and technical resistance weighed heavy, but hopes for further stimulus prevented a steep drop.

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U.S.CRUDE

U.S. oil rose 47 cents to $93.34, after settling 49 cents lower at $92.87.

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BRENT CRUDE

Brent crude gained 68 cents to $113.63 a barrel.

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OIL

Brent crude rose above $113 per barrel on Monday on renewed fears of supply disruption as Israel’s latest comments on stopping Iran from proceeding with a disputed nuclear programme stoked tension in the region.

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LME COPPER

Three-month copper on the London Metal Exchange edged down $4 to $7,486 per tone.

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U.S.GOLD

U.S. gold futures contract for December delivery traded nearly flat at $1,622.70.

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SPOT GOLD

Spot gold was little changed at $1,620.11.

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GOLD

Gold hovered near $1,620 an ounce on Monday, after gaining for a sixth straight day in the previous session as downbeat China economic data triggered expectations of more stimulus measures from the world’s second-largest economy.

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U.S.MARKET UPDATE

U.S. new-crop corn eased on Monday, extending losses from the prior session when prices came off an all-time high, as the market priced in the U.S.
The Dow Jones industrial average rose 42.76 points, or 0.32 percent, to 13,207.95 at the close. The S&P 500 Index added 3.07 points, or 0.22 percent, at 1,405.87. The Nasdaq Composite Index advanced 2.22 points, or 0.07 percent, to close at 3,020.86.

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