Commodity Market News

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Hello Friends....

With this new thread i will provide u various commodity news....

 

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U.s. Market update

03-12-2011


U.S. stock index futures pointed to a sharply higher open for equities on Wall Street on Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 1 to 1.1 percent ahead of a key jobs report

 

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U.s. Gold

03-12-20011


U.S. gold rose 0.66 percent to $1,750.80 an ounce.

 

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Spot gold rose 0.5 percent to $1,716.19 an ounce by 11:37 a.m. EST (1637 GMT.

 

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U.s. Market update

U.S. stock markets rallied on Friday as investors rushed to equities buoyed by firming consumer sentiment numbers at home and by European progress in tackling the debt crisis across the Atlantic.

The Dow Jones Industrial Average ended Friday up 1.55 percent or 186.56 at 12184.26, the S&P 500 index roared ahead 1.69 percent or 20.84 at 1255.19, while the Nasdaq Composite index was up 1.94 percent or 50.47 at 2646.85.

 

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Brent crude

Brent crude, which rolled over to February as the prompt month, rose 42 cents to $104.02 a barrel by 0210 GMT, after slipping 65 cents to settle at $103.60 a barrel

 

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Three-month copper on the London Metal Exchange, closed at $7,345, from $7,211

 

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Britain’s FTSE 100 rose 0.06%

 

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German bund

German Bund futures were down 0.2 percent on the day at 137.55, while the yield on benchmark 10-year U.S. Treasury notes rose 7 basis points to 2.03 percent.

 

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Ftes

The pan-European FTSEurofirst 300 index rose 0.8 percent, though volume was only a third of the 90-day average. The index ended up 3.5 percent for the week, paring the year-to-date loss to 12 percent.

 

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Commodity Market News : 31-12-2011

ASIAN STOCK


Asian stocks nudged higher and the euro clung to overnight gains on Friday, the last trading day of 2011, as positive data from the United States helped allay concerns on the global economy, while year-end short covering lifted crude prices

U.S. CRUDE

U.S. crude rose 32 cents to $99.97 and is on track to record a 9 percent gain for the year.

BRENT CRUDE

Brent crude is set to end the year up nearly 14 percent and at a record high annual average, as political tensions in OPEC member states help negate a global economic slowdown that has dampened oil demand growth.

U.S. COPPER

U.S. copper’s most-actively traded contract, March, settled up 2 percent on the day at $3.4360 per lb.

NIKKEI

The Nikkei shed 17.3% and the Topix fell more than 18%, marking the second straight year of losses and the worst since 2008.

 

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Commodity Market News : 07-01-2012

U.S. STOCK
U.S. stocks finished mixed to lower on Friday as investors brushed off stronger-than-expected jobs figures and sold their equities for profits. .

ASIAN STOCK
Southeast Asian stock markets retreated on Friday as investors became nervous ahead of U.S. job data later in the day but they ended the first week of the year with modest gains.

LME COPPER
Benchmark copper on the London Metal Exchange hit a session low of $7,483.25 a tonne, from Thursday’s close of $7,540, before later recovering slightly to trade at $7,493 a tonne by 1459 GMT

COPPER
Copper prices hit a session low in afternoon trade on Friday, after the dollar strengthened further in the wake of better-than-expected U.S. jobs data which raised hopes of a recovery in the economy.

EURO
The euro marked a 16-month low against the greenback and was trading at 98.71 yen on trading platform EBS, near an 11-year low hit