DAILY COMEX COMMODITY REPORT 14 NOVEMBER 2014
Transcription
DAILY COMEX COMMODITY REPORT 14 NOVEMBER 2014
DAILY COMEX COMMODITY REPORT 14th NOVEMBER 2014 Our Presence Epic Research India HNI & NRI Sales Contact USA Toll Free Number 411 Milinda Manor (Suites 409-425) 2117 Arbor Vista Dr. Charlotte (NC) 1-800-200-9454 2 RNT Marg. Opp Central Mall Cell: +1 704 249 2315 All queries should be directed to Indore (M.P.) [email protected] Hotline: +91 731 6642300 HNI & NRI Sales Contact Australia Or give us a missed call at Mintara Road, Tarneit, Victoria, Post Code 3029 026 5309 0639 Phone: +61 422 063855 YOUR MINTVISORY WWW.EPICRESEARCH.SG CALL: +6531581402 DAILY MARKET OUTLOOK 14th NOVEMBER 2014 PRECIOUS METALS AND INDUSTRIAL METALS COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1158.7 -2.80 -0.24% DEC-14 COMEX SILVER USD/T OZ. 15.53 -0.09 -0.57% DEC-14 COMEX COPPER USD/LB. 3.0020 0.0120 0.41% DEC-14 PALTINUM USD/T OZ. 1193.60 -1.25 -0.10% JAN-15 ENERGY COMMODITY FUTURES COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL(WTI) USD/BBL. 74.27 0.03 0.04% DEC-14 CRUDE OIL(BRENT) USD/BBL. 77.96 0.35 0.46% DEC-14 NY. NATURAL GAS USD/MMBTU 3.97 -0.02 -0.41% DEC-14 NY. HEATING OIL USD/GAL. 2.37 0.01 0.31% DEC-14 YOUR MINTVISORY WWW.EPICRESEARCH.SG CALL: +6531581402 DAILY SUPPORT & RESISTANCE 14th NOVEMBER 2014 COMMODITY SUPPORT-2 SUPPORT-1 PIVOT RESISTANCE-1 RESISTANCE-2 GOLD(DEC-14) 1158.43 1158.96 1159.93 1160.46 1161.43 SILVER(DEC-14) 15.53 15.55 15.59 15.61 15.65 WTICRUDEOIL(DEC-14) 74.27 74.31 74.37 74.41 74.00 NATURALGAS(DEC-14) 3.967 3.97 3.970 3.97 3.973 COPPER(DEC-14) 3.00 3.00 3.00 3.00 3.01 LME BASE METALS OFFICIAL CASH PRICES ( $/MT ) LME WAREHOUSE STOCKS (INVENTORY) METALS PRICE ( $/MT ) CHANGE % CHANGE METALS INVENTORY CHANGE (MT) ALUMINIUM 1857.00 -9.50 -0.51% ALUMINIUM -3800 COPPER 6936.50 46.00 0.67% COPPER -850 LEAD 2140.50 1.00 0.05% LEAD -25 ZINC 2180.00 10.50 0.48% ZINC -200 NICKEL 18625.00 345.00 1.89% NICKEL 360 TIN 22425.00 -175.00 -0.77% TIN 210 YOUR MINTVISORY WWW.EPICRESEARCH.SG CALL: +6531581402 INTERNATIONAL COMMODITY NEWS 14th NOVEMBER 2014 • Gold price rose slightly in early Asia on Friday on hopes for physical demand as the end of year holiday season approaches. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at 1,161.50 a troy ounce, up 0.05%, after hitting an overnight session low of $1,153.40 and off a high of $1,167.30. • Crude oil eased higher in Asia on Friday ina rebound from sharp drops overnight as ample global supplies weigh on the market. On the New York Mercantile Exchange, West Texas Intermediate crude oil futures for delivery in December traded at $74.35 a barrel, up 0.09%, after hitting an overnight session low of $74.97 a barrel and off a high of $77.16 a barrel. Overnight, crude futures plunged to three-year lows on Thursday on news that Chinese industrial output missed expectations, which stoked concerns the world's second-largest consumer of oil may be battling increasing headwinds. • Natural gas futures fell on Thursday after investors locked in gains stemming from a blast of cold air shooting across the U.S. and sold the commodity for profits, as updated weather-forecasting models called for milder temperatures ahead. On the New York Mercantile Exchange, natural gas futures for delivery in December were down 3.21% at $4.051 per million British thermal units during U.S. trading. The commodity hit a session low of $4.047, and a high of $4.175. The December contract settled down 1.46% on Wednesday to end at $4.185 per million British thermal units. • Copper futures edged higher on Thursday, after data showed that China's factory output grew less than expected in October, adding to pressure on policymakers to introduce broad-based stimulus measures. On the Comex division of the New York Mercantile Exchange, copper for December delivery tacked on 0.7 cents, or 0.22% to trade at $3.032 a pound during European morning hours. A day earlier, copper prices lost 0.8 cents, or 0.26%, to settle at $3.025 a pound. • Brent oil futures sank to the lowest level in more than four years on Thursday, amid indications the Organization of the Petroleum Exporting Countries will not cut output to relieve a global supply glut. On the ICE Futures Exchange in London, Brent for January delivery fell by as much as 1.1% to touch a daily low of $80.23 a barrel, the weakest level since October 2010.Prices recovered to last trade at $80.57 during European morning hours, down 55 cents, or 0.68%. YOUR MINTVISORY WWW.EPICRESEARCH.SG CALL: +6531581402 EPIC DAILY TOP PICKS 14th NOVEMBER 2014 GOLD COMEX -DAILY CANDLESTICK CHART TRADING STRATEGY : TRADING STRATEGY : BUY GOLD ABOVE 1162 TGT 1166,1171 SL 1157 SELL GOLD BELOW 1155 TGT 1151,1147 SL 1160 YOUR MINTVISORY WWW.EPICRESEARCH.SG CALL: +6531581402 TODAY'S ECONOMIC EVENTS 14th NOVEMBER 2014 YOUR MINTVISORY WWW.EPICRESEARCH.SG CALL: +6531581402 DISCLAIMER 14th NOVEMBER 2014 The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. 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