Home

 
India Bullion iPhone Application
  Quick Links
Currency Futures Trading

MCX Strategy

Precious Metals Trading

IBCRR

Forex Brokers

Technicals

Precious Metals Trading

Economic Data

Commodity Futures Trading

Fixes

Live Forex Charts

Charts

World Gold Prices

Reports

Forex COMEX India

Contact Us

Chat

Bullion Trading Bullion Converter
 

$ Price :

 
 

Rupee :

 
 

Price in RS :

 
 
Specification
  More Links
Forex NCDEX India

Contracts

Live Gold Prices

Price Quotes

Gold Bullion Trading

Research

Forex MCX India

Partnerships

Gold Commodities

Holidays

Forex Currency Trading

Libor

Indian Currency

Advertisement

 
RTRS: NYMEX-Crude edges up on weak dollar, Japan weighs
 
NEW YORK, Aug 16 (Reuters) - U.S. crude oil futures prices
edged up on Monday, trying to break a string of four straight
lower settlements, with support from the dollar's weakness even
as disappointing growth data from Japan capped oil's strength.
The possibility of a tropical depression in the Gulf of
Mexico also lent support to oil prices.
FUNDAMENTALS
* On the New York Mercantile Exchange, September crude
CLU0 rose 31 cents, or 0.4 percent, to $75.70 a barrel by
9:10 a.m. EDT (1310 GMT), trading from $75.17 to $75.95.
* Remnants of Tropical Depression 5 strengthened in the
Gulf of Mexico south of the Florida Panhandle and had a 60
percent chance of redeveloping into a tropical depression over
the next 48 hours, the U.S. National Hurricane Center said
Monday. [nN16166764]
* An increase in Iran's stocks of crude oil is a result of
maintenance work at refineries at home and abroad rather than
of international sanctions, Iran's OPEC governor was quoted as
saying on Monday. [ID:nMOS625576]
MARKETS NEWS
* U.S. stock index futures fell as weak growth in Japan
added to worries about the strength of the global economy that
have sunk equity markets in recent days.
* Japan's economy grew just 0.1 percent in the second
quarter, below forecasts. [ID:nTOE67901S] The poor data
pressured Asian equities and that weakness fed into European
trading.
* Copper prices rose as the market focused on falling
inventories, supply constraints and strong economic growth in
China. [ID:nLDE67F0TQ]
* Gold scaled a seven-week peak on the weak Japanese
economic data. [GOL/]
* The euro fell sharply versus Swiss franc on Monday and
safe-haven U.S. and German government bond yields hit new lows
after much weaker than expected growth numbers from Japan added
to worries over a faltering economic recovery. The pan-European
FTSEurofirst 300 .FTEU3 lost 0.4 percent. [MKTS/GLOB]
UPCOMING DATA/EVENTS
* Aug. 17: Options on NYMEX Sept crude oil futures expire
* Aug. 17: American Petroleum Institute weekly stocks data
* Aug. 18: Energy Information Administration weekly stocks
* Aug. 20: NYMEX Sept crude oil futures expire
9:10 LAST NET PCT LOW HIGH CURRENT DAY AGO
CHNG CHNG VOL VOL
CLc1 75.70 0.31 0.4% 75.17 75.95 41,418 430,788
CLc2 76.07 0.30 0.4% 75.56 76.34 23,761 207,419
LCOc1 75.10 -0.01 0.0% 74.98 75.75 17,575 123,239
RBc1 1.9469 0.0073 0.4% 1.9368 1.9559 2,960 63,595
RBc2 1.8950 0.0103 0.6% 1.8826 1.9053 2,679 47,988
HOc1 2.0014 0.0058 0.3% 1.9938 2.0134 3,456 73,777
HOc2 2.0303 0.0061 0.3% 2.0220 2.0415 1,428 33,129
* NYMEX crude oil for September CLc1 rose 31 cents to $75.70
a barrel by 9:10 a.m. on volume of 41,418 lots.
Source