EPIC RESEARCH SINGAPORE · daily comex commodity report daily comex commodity report by epic...

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Daily market outlook LME Inventory Support _Resistance News Daily Candlestick EPIC RESEARCH SINGAPORE DAILY COMEX COMMODITY REPORT DAILY COMEX COMMODITY REPORT Daily markrt outlook LME Inventory & Support Resistance News & Daily Candlestick

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Page 1: EPIC RESEARCH SINGAPORE · daily comex commodity report daily comex commodity report by epic research singapore gold comex -daily candlestick chart trading strategy : - buy gold above

Daily market outlook

LME Inventory

Support _Resistance

News

Daily Candlestick

EPIC RESEARCH SINGAPORE

DAILY COMEX COMMODITY REPORT DAILY COMEX COMMODITY REPORT

Daily markrt outlook

LME Inventory & Support –Resistance

News & Daily Candlestick

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www.epicresearch.sg DAILY COMEX COMMODITY REPORT BY EPIC RESEARCH SINGAPORE

DAILY COMEX COMMODITY REPORT Date– 09 - Mar

COMMODITY UNIT PRICE CHANGE % CHANGE CONTRACT

COMEX GOLD USD/T OZ. 1,210.50 -6.20 -0.51% Jun -16

COMEX SILVER USD/T OZ. 15.995 -0.274 -1.68% Jul -16

COMEX COPPER USD/LB. 2.097 -0.017 -0.80% Jul -16

PALTINUM USD/T OZ. 973.65 -8.55 -0.87% Jul -16

COMMODITY UNIT PRICE CHANGE % CHANGE CONTRACT

CRUDE OIL(WTI) USD/BBL. 49.22 -0.11 -0.22% Jun 16

CRUDE OIL(BRENT) USD/BBL. 49.71 -0.25 -0.50% Jul 16

NY. NATURAL GAS USD/MMBTU 2.167 -0.007 -0.325 Jun 16

NY. HEATING OIL USD/GAL. 1.4901 -0.0114 -0.77% Jun 16

METALS INVENTORY CHANGE (MT)

ALUMINIUM -5900

COPPER -2225

LEAD -25

ZINC -2025

NICKEL -1848

TIN -

DAILY COMEX COMMODITY REPORT

Date– 31– May

PRECIOUS METALS AND INDUSTRIAL METALS

ENERGY COMMODITY FUTURE

LME WAREHOUSE STOCK(INVENTORY)

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Silver futures plunged during morning trade in the domestic market on Monday as investors and speculators exited positions in the precious metal tracking a bearish trend in the overseas market as a stronger dollar curbed the lure for the bullion as an alternative asset.Stronger greenback makes silver more expensive for those holding other currencies thus dimming demand.

Oil prices were modestly lower in quiet European trade on Monday, as a broadly stronger U.S. dollar prompted market

players to lock in gains from a recent rally which took prices above the key $50-level.Both Brent and West Texas Inter-mediate oil futures cracked $50 late last week for the first time since October as traders eyed supply disruptions in Ni-geria, France, Canada and Venezuela.

Gold futures fell sharply in European trade on Monday, dropping below the key $1,200-level for the first time since

February as investors continued to factor in an increased chance of a near-term U.S. interest rate rise.In remarks made during an appearance at Harvard University Friday afternoon, Federal Reserve Chair Janet Yellen said a rate hike in the coming months "would be appropriate," if the economy and labor market continue to improve.

German Finance Minister Wolfgang Schaeuble said on Monday that the European Central Bank's responsibility for the entire euro zone meant the institution was not implementing the best monetary policy for Germany.He said it was nec-essary to recognise that "the ECB has to pursue a policy in a currency union for all 19 member states that is not the op-timal monetary policy for Germany".

St. Louis Federal Reserve President James Bullard said on Monday global markets appear to be "well-prepared" for a

summer interest rate hike from the Fed, although he did not specify a date for the policy move."My sense is that mar-kets are well-prepared for a possible rate increase globally, and that this is not too surprising given our liftoff from De-cember and the policy of the committee which has been to try to normalize rates slowly and gradually over time," Bul-lard told a news conference after speaking at an academic conference in Seoul.

India plans legislation to close a regulatory loophole that has made it possible for fraudsters to dupe millions of savers,

as Prime Minister Narendra Modi strives to bring the rural poor into the mainstream banking system.Unscrupulous op-

erators have bilked savers of billions of dollars by running pyramid schemes or promoting questionable investments in

everything from tree plantations to farming emus, a flightless bird.

COMMODITY SUPPORT –2 SUPPORT-1 PIVOT POINT RESISRANCE-1 RESISRANCE-2

GOLD 1197.67 1205.74 1214.47 1222.54 1231.27

SILVER 16.013 16.141 16.268 16.396 16.523

WTI CRUDEOIL 49.44 49.51 49.61 49.68 49.78

NATURALGAS 2.146 2.158 2.167 2.179 2.188

COPPER 2.106 2.108 2.111 2.113 2.116

DAILY SUPPORT & RESISTANCE

www.epicresearch.sg DAILY COMEX COMMODITY REPORT BY EPIC RESEARCH SINGAPORE

INTERNATIONAL COMMODITY NEWS

ECONOMY NEWS

DAILY COMEX COMMODITY REPORT

Date– 31– May

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DAILY COMEX COMMODITY REPORT

www.epicresearch.sg DAILY COMEX COMMODITY REPORT BY EPIC RESEARCH SINGAPORE

Date– 09– Mar

ECONOMIC CALENDAR ECONOMIC CALENDAR

Time Cur. Event Forecast Previous

DAILY COMEX COMMODITY REPORT

Date– 31– May

Tuesday, May 31, 2016

04:15 NZD Building Consents (MoM) (Apr) -9.8%

05:00 JPY Household Spending (MoM) (Apr) -0.6% 0.5%

05:00 JPY Household Spending (YoY) (Apr) -1.4% -5.3%

05:00 JPY Jobs/applications ratio (Apr) 1.30 1.30

05:20 JPY Industrial Production (MoM) (Apr) -1.5% 3.8%

06:30 NZD ANZ Business Confidence (May) 6.2

07:00 AUD Building Approvals (MoM) (Apr) -3.0% 3.7%

07:00 AUD Current Account (Q1) -19.5B -21.1B

07:00 AUD Private Sector Credit (MoM) (Apr) 0.4% 0.4%

14:30 EUR Core CPI (YoY) (May) 0.8% 0.7%

14:30 EUR CPI (YoY) (May) -0.1% -0.2%

14:30 EUR Unemployment Rate (Apr) 10.2% 10.2%

17:30 INR GDP Quarterly (YoY) (Q4) 7.5% 7.3%

18:00 USD Core PCE Price Index (YoY) (Apr) 1.6% 1.6%

18:00 USD Core PCE Price Index (MoM) (Apr) 0.2% 0.1%

18:00 USD Personal Spending (MoM) (Apr) 0.6% 0.1%

18:30 USD S&P/CS HPI Composite - 20 n.s.a. (YoY) (Mar) 5.1% 5.4%

19:15 USD Chicago PMI (May) 50.6 50.4

19:30 USD CB Consumer Confidence (May) 96.0 94.2

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DAILY COMEX COMMODITY REPORT

www.epicresearch.sg DAILY COMEX COMMODITY REPORT BY EPIC RESEARCH SINGAPORE

GOLD COMEX -DAILY CANDLESTICK CHART

TRADING STRATEGY : - BUY GOLD ABOVE 1211 TARGET 1216 1222 SL 1206

SELL GOLD BELOW 1199.7 TARGET 1194.7 1188.7 SL 1204.7

DAILY COMEX COMMODITY REPORT

Date– 31– May

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