Gold remains under pressure as trade optimism remains in place and as some longer-term investors lock in profits.
U.S. Crude Oil Production to Grow by More Than 1 Million bpd in 2020
Fund manager Paulson & Co. Inc, a shareholder of Callon Petroleum, is dropping its opposition to a merger between Callon and Carrizo Oil & Gas that could be the start of consolidation among smaller shale players after the massive Occidental-Anadarko deal.
MCX Zinc Day Trading – Below 194 Under Selling Zone Target 188—187
MCX Zinc settled down 0.42% at 191.5 as pressure seen after China’s industrial output grew significantly slower than expected in October despite of decline in LME zinc inventories. China’s central bank lowered the interest rate on reverse repurchase agreements by five basis points, the first reduction in the short-term liquidity tool in more than four years.
MCX Crude Tips Rocking – 4100 to 4069 – Don’t Miss It, Fast Join Day Trading for Small Trader’s
MCX Crude Tips Rocking – 4100 to 4069 – Don’t Miss It, Fast Join Day Trading for Small Trader’s
Crude Oil on MCX settled down 1.38% at 4077 due to excess supply in the market and on uncertainty over a potential trade deal between the U.S. and China. U.S. shale production is likely to climb by 49,000 barrels a day in December to 9.133 million barrels a day.
Beijing Strategy now to Talk But Wait Due to Impeachment, US Election
Mood in Beijing about trade deal is pessimistic, government source tells me. China troubled after Trump said no tariff rollback. (China thought both had agreed in …
Commodities Weekly Technical Research Report 18 — 22 November 2019 – Gold Silver Reports
MCX Live Commodities Weekly Technical Live Research Report 04 — 08 November 2019 By Neal Bhai Reports (NBR) India, New Delhi
Indian Rupee Up 0.22% to 71.63 Against Dollar
Indian rupee strengthened for the third consecutive session against the US dollar on Monday, amid mixed cues from other Asian currencies due to uncertainty over US-China trade deal.