Below are the details about today’s economic data which may impact the situation of the market. USD ISM Manufacturing PMI at 7:30 PM Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industryReleased monthly, on the first business day after the month ends; Next Release
Here we have various economic data which may impact the trading conditions of the market. Advance GDP q/q at 6:00 PM Measures: Annualized change in the inflation-adjusted value of all goods and services produced by the economy Released quarterly, about 30 days after the quarter ends Next Release date: July
Trading flows of copper are continuously in a hitting mode since the lockdown in China lasts. Moreover, Covid-19 adversely impacts the economy. But this time China pledges to resuscitate an economy thereby providing funds and support. Today, metals from copper to iron, lose recoup which accelerates drastically during an escalating
On behalf of Commodity News, warm greetings to all of you on the occasion of Hanuman Janmotsav. Just read about weekly commodity Samachar trend updates on bullion, base metal, and energy. The Russia-Ukraine tension has now reached its peak. According to reports, all the countries are preparing their own arms
Wishing you all a very Happy Gudi Padwa and Navratri. Weekly Commodity Samachar- Subscribe now for live updates Russia reported that it sold 1 ton of gold from its reserves and on the other hand, Ukraine’s forex reserves are in the same condition as they were before the war. This
Investors are waiting for the outcomes of Fed Reserve’s Jackson Hole Economic Symposium. However, their decision and comments will impact the volatility of market as a whole. Thus, turns out a game changer for all the commodities. Therefore, coming week would be a decider of the trend. Moving further, there
Silver looks positive as bottom fishing happens from lower levels We clearly indicated in our weekly commodity Samachar that we will not sell Silver at lower levels because our bias is highly positive in it. This week, Silver shot up more than 1500 points. Not only this, Comex Silver is
Today, the US releases retail sales numbers. US retail sales m/m drop to -1.2% which is below the forecast of -0.2%. This data gave a negative impact on base metals and the dollar. On the other hand, Core retail sales fall to -0.4%. Copper looks scary as forming Head and
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