Finance

A News Could Become Your Day Golden Day

In Star India Market Research- we believe to create breakouts rather than wait for it; to gain maximum profit. We cater your investment needs.
( PR4US.com | Press Release | 2017-06-08 20:39:07 )
GOLD:-
U.S. factory activity ticked up in May after slowing for two straight months and private employers stepped up hiring, suggesting the economy is regaining speed after struggling at the start of the year. The U.S. Federal Reserve sent a strong signal on Thursday that it would raise interest rates this month and soon begin shedding some of its $4.5 trillion in bond holdings, despite some weak recent U.S. inflation readings. The European Central Bank will sound a little more optimistic on the economy at its June 8 meeting and could raise its assessment of risks to balanced or begin discussing shift from its bias to ease policy a Reuter’s poll of economists showed.
SILVER:-
Silver dropped as hawkish comments concerning U.S. interest rates from a top Fed official weighed on prices. Two of Fed’s 12 regional banks supported raising the discount rate ahead of the central bank's May meeting, according to minutes of the discount rate discussions. Euro zone finance ministers failed to agree with the International Monetary Fund last week on Greek debt relief as well as failing to release new loans to Athens.
Crude oil:-
WTI oil prices declined by 1 percent on Tuesday to close at $49.7 per barrel on signs of resurgent crude output in Libya and concerns that extended production cuts by leading exporting countries may not be enough to drain a global glut that has depressed prices for almost three years. On the MCX, gold prices declined by 1.7 percent to close at Rs.3203 per barrel. We expect oil prices to trade lower today on profit booking at higher levels and high global inventories while increasing production in Libya and concerns over extended production cuts by the OPEC will exert downside pressure. On the MCX, oil prices are expected to trade lower today, international markets are trading lower by 0.6 percent at $49.35 per barrel.
Zinc:-
Zinc prices dropped tracking LME prices closed 0.2 percent down hurt by weaker steel prices in China. The euro zone economy started the year with robust growth that outstripped that of the United States and set the stage for a strong 2017.Data this week showed U.S. factory activity slowed in April while growth in China's manufacturing sector slowed more than expected. Zinc settled flat as LME Zinc prices closed in a small backwardation for the first time since Feb. 20.Plans to boost infrastructure spending in China and the United States are bolstering market sentiment.
COPPER:-
Copper futures tilted higher as the dollar index gave up ground, following earlier data from China, which accounts for 40% of the global copper demand, and the US, the world's largest economy. Earlier data from China, the world's second largest economy, showed the manufacturing PMI steadying at 51.2 for the second straight month in May, while the non-manufacturing PMI rose to 54.5 from 54.0 in April. Otherwise, Federal Reserve Bank of Dallas President Robert Kaplan expressed his support for increasing interest rates during his speech at the Council on Foreign Relations, in New York, asserting that inflation isn't moving in the wrong direction, while the Chicago PMI fell this month, as markets await later US housing data.


LEAD:-
The Lead is bearish for medium-long term .Currently Lead is moving sideways The oscillator is showing buy signal .In last 1 month volatility is very less and fresh buy can be considered in the Lead if it close above135.60 or buy with strict stop at 132. The oscillator is showing buy signal for short term Lead is in hold long position. Immediate support for Lead is 132.Resistance for the Lead is 138.
Natural GAS:-
Natural gas futures fell nearly two percent in American trade as the dollar gained ground, following earlier data from the US including the EIA report that showed the largest inventory buildup last week since October. The Energy Information Administration released its report on US natural gas storage, showing a buildup of 81 billion cubic feet in the week ending May 26 adding to a 75K increase in the previous reading while analysts expected a 78B buildup.
ALUMINIUM:-
The Aluminum is bearish for medium-long term .Currently Aluminum is moving sideways the oscillator is on sell signal and Aluminum is coming down from overbought level .In last 1 month volatility is very less and fresh buy can be considered in the Aluminum if it close above123.90 or buy with strict stop at 121. The oscillator is on sell signal and Aluminum is coming down from overbought level for short term Aluminum is in hold long position. Support for the Aluminum is 121-.Resistance for the Aluminum is 127.
What We Do?

We have an excellent research team who provides genuine & accurate research in Stock Market- Cash, F&O, traded in NSE, BSE, Commodity Trading Tips - Metal, Base Metal, Agri Commodity traded in MCX, NCDEX Exchange & Forex Market, Currency tips traded in Forex Exchange

We help traders & investors by providing them deep research calls & research reports so that they can understand the market chaos & take benefits from complex market too.

Fundamentally; people generally follow footprints of others like they buy on news & sell on rumors but an expert do just opposite ….they buy on news & sell on rumors to create excellent profit.
Technically; stock market repeats itself again & again in every time frame. An expert can only understand the correct market trend & can suggest you better time to enter/exit in trade to prevent losses.

Here In Star India Market research-we have some unique strategies which is made by combining both of fundamental & technical of the market together which gives handsome profit in minimum risk.


Press Information

Star India Market Research
307 B-Block, 3rd floor, Corporate House. Beside DAVV University & Central Mall Regal Square, Indore 452001

8817002233

Contact person
Kavita
Marketing
https://www.starindiaresearch.com

eMail

Published by

Kavita Sharma

8817002233
307 B-Block, 3rd floor,
452001 indore - India
https://www.starindiaresearch.com

Contact Kavita Sharma


 

 

 

 

 

 

Contact Star India Market Research


 

 

 

 

 

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact PR4US. We will not be able to assist you. PR4US disclaims the content included in this release.
Preparing for PR: Five Hot Tips for Startups
PR Fundamentals for Startups - MaRS Best Practices
Public Relations 101
Public Relations Strategy in Our World Today!
Introduction to Public Relations
Trends in Communicating
How to Do Marketing/PR on a Budget - CoInvent Startup Summit 2014 New York
Monika Dixon Shares PR Tips