Monday, 14 January 2013

U.S. TREASURY

U.S. Treasuries prices gained in choppy trading on Friday as investors struggled to find a new range for the debt, weighing a brighter economy against impending Washington budget battles.




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COPPER

London copper futures edged higher on Monday, bouncing back after losses in the previous session, although a shaky outlook for demand from the world’s top copper consumer China could limit gains.




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SPOT GOLD

Spot gold was little changed at $1,661.74 an ounce by 0057 GMT, after inching up 0.3 percent last week.




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GOLD

Gold traded nearly flat on Friday, taking a breather after a 1-percent climb in the precious session when it tracked the rally in the euro after the European Central Bank kept rates unchanged.




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U.S.MARKET

U.S. stocks ended little changed on Friday as investors took a step back from buying ahead of next week-s busy corporate earnings calendar.
The Dow Jones industrial average gained 17.21 points, or 0.13 percent, to 13,488.43. The Standard & Poor-s 500 Index  dipped 0.07 points to 1,472.05. The Nasdaq Composite Index added 3.88 points, or 0.12 percent, to 3,125.64.




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COMMODITY MARKET OUTLOOK 14-01-2013.

Crude oil slide below 93$
China’s inflation accelerated to a seven-month high in December

fell for the second time in three days

Silver futures for March delivery declined 1.6 percent.



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