MCX (Multi Commodity Exchange) To Launch Crude Oil Options, Metals Options Dated May 15, 2018

Multi Commodity Exchange MCX

Gold Silver Reports (GSR) – MCX (Multi Commodity Exchange) To Launch Crude Oil Options, Metals Options Dated May 15, 2018 – India is the world’s third-biggest consumer of crude oil. Crude oil futures contracts were most traded on the exchange platform in 2017/18 fiscal year ended on March 31. Two contracts expiring on June 15 and July 17 with lot size of 100 barrel will be launched next week, the exchange said.             

Read More →

Crude Oil Slip Before Iran Decision News By Neal Bhai MFA Technical Analyst

Crude Oil MCX

Gold Silver Reports (GSR) – Crude Oil Slip Before Iran Decision News By Neal Bhai MFA Technical Analyst — U.S. stocks slumped as utility and telecom shares fell. West Texas crude sank as much as 4.4 percent before paring the loss as a U.S. official said Trump would quit the accord. The greenback strengthened for a third day. Ten-year Treasury yields approached 3 percent after JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon warned a climb to 4 percent may be coming.

Read More →