News from other websites on Commodities
Treasurys swing to gains on Fed speeches
May 21, 2013 at 23:52 | Source: Market Watch
NEW YORK (MarketWatch) — Treasurys gained Tuesday as two Federal Reserve officials indicated in public comments that they are committed to maintaining the monetary-policy status quo in the near term. Click to Play Apple and Google dominate global ...
Gold investors lured to trade on charts only
May 21, 2013 at 22:27 | Source: Market Watch
MADRID (MarketWatch) -- The noise around gold these days is about as loud and frantic as you can get. Investors are bombarded with speculation and news about central-bank policies, along with economic data, investment banks racing to cut gold foreca...
May 21, 2013 at 22:27 | Source: The Hindu BusinessLine
The government intends to place cash in the hands of the poor through the nationwide ‘direct benefits transfer’ scheme. Elaborate technical support is being mobilised to ensure that the poor are no longer left to the mercy of middlemen a...
Frail UPA pulled down by corruption, bad economy: survey
May 21, 2013 at 20:49 | Source: FirstPost
Having ruled India for nine years at a stretch, UPA is likely to celebrate its ninth anniversary on 22 May but the coalition at the Centre will also be silently aware that it might just turn out to be the last one.Instead of kudos, a survey revealed ...
BSE Sensex sheds 112 as share sales, Fed meet weigh
May 21, 2013 at 20:22 | Source: DomainB
Benchmark indices fell for the second successive session Tuesday, as the market is trying to digest the heady gains of the past few weeks. Brokers said share sales by promoters trying to meet the 25 percent minimum public shareholding rule, and the ...
Coal: All the jargon you need to know
May 21, 2013 at 18:00 | Source: NDTV Profit
New Delhi: Coal is literally hot commodity, with most of the country's power and electricity dependent on what is also called 'black gold'. Around 66 per cent of India's power generation is coal based, according to the...
Rupee hits 2013 low on importer demand, euro weakness
May 21, 2013 at 17:40 | Source: Economic Times
MUMBAI: The rupee weakened to a near six-month low on Tuesday, largely driven by weakness in the euro and import-related dollar demand that traders attributed to a private refining company. At 1115 GMT, the rupee was at 55.37/38 versus its Monday cl...
HSBC says Indian rupee better suited to stand US dollar strength
May 21, 2013 at 17:12 | Source: Financial Express
HSBC picks Indian rupee as one of two Asian currencies along with the yuan that can hold their own in a climate of sticky JPY weakness, a more moderate pace of Chinese expansion, and increasing debate over Fed's quantitative easing. * Indian rupee i...
Gold futures recover to Rs 26,274 per 10 gm
May 21, 2013 at 17:12 | Source: The Hindu BusinessLine
New Delhi, May 21: Gold prices recovered by Rs 70 or 0.27 per cent to Rs 26,274 per 10 grams at the futures trade as speculators created fresh positions taking positive cues from the global market. At the Multi Commodity Exchange, gold for delivery ...
Top investment strategies for range-bound markets
May 21, 2013 at 17:05 | Source: Economic Times
NEW DELHI: Markets have been range-bound for the past couple of trading sessions as investors are resorting to book profits after sharp gains registered last week. The rally was largely supported by the rise in global liquidity and easing commodity ...
Rupee at 4-1/2 month low on weaker shares, dollar demand from importers
May 21, 2013 at 17:05 | Source: Economic Times
The rupee fell to a session low of 55.2250, a level last seen on Jan. 8, versus its Monday close of 55.10/11. Losses came as shares fell for a second consecutive session, with one state-run bank dealer noting big importer demand from a private refin...
HSBC: Indian rupee better suited to stand USD strength
May 21, 2013 at 16:59 | Source: FirstPost
HSBC picks INR as one of two Asian currencies along with the yuan that can hold their own in a climate of sticky JPY weakness, a more moderate pace of Chinese expansion, and increasing debate over Fed's quantitative easing.INR is a main beneficiary o...
Firmer dollar weighs on gold prices
May 21, 2013 at 15:07 | Source: Market Watch
LONDON (MarketWatch) — Gold futures dropped on Tuesday, as a firmer dollar added pressure, partly erasing gains from the previous session that ended a lengthy string of losses. Gold for June delivery (CNS:GCM3) slipped $5.70, or 0.4%, to $1,378....
Markets will make new highs this year: Andrew Holland, Ambit Investment Advisors
May 21, 2013 at 14:45 | Source: Economic Times
In an interview with ET Now, Andrew Holland, CEO, Ambit Investment Advisors, shares his outlook for the market. Excerpts: ET Now: The Indian markets are up by about 10% plus on the Sensex and 11% plus on the Nifty. How much more will they go up befor...
Markets will make news highs this year: Andrew Holland, Ambit Investment Advisors
May 21, 2013 at 14:12 | Source: Economic Times
In an interview with ET Now, Andrew Holland, CEO, Ambit Investment Advisors, shares his outlook for the market. Excerpts: ET Now: The Indian markets are up by about 10% plus on the Sensex and 11% plus on the Nifty. How much more will they go up befor...
Gold prices rise, following up on ‘key reversal’
May 21, 2013 at 13:22 | Source: Market Watch
LOS ANGELES (MarketWatch) — Gold futures rose in electronic trade Tuesday, building on gains from the previous session that ended a lengthy string of losses. Gold for June delivery (CNS:GCM3) rose $12.10, or 0.9%, to $1,396.10 an ounce in electr...
Oil futures seesaw; U.S. inventories may decline
May 21, 2013 at 11:37 | Source: Market Watch
LOS ANGELES (MarketWatch) — U.S. crude-oil futures wobbled between small losses and gains Tuesday, with the moves coming before data expected to show a drawdown in weekly oil inventories. Crude oil for June delivery (NMN:CLM3) was up 16 cents, o...
1993 Mumbai bomb blasts case: Sharif Dada Parkar, Zaibunissa Kazi surrender, finally
May 21, 2013 at 09:12 | Source: DNA India
Zaibunissa Kazi and Sharif Dada Parkar, whose convictions in the 1993 Mumbai serial bomb blasts case have been upheld by the Supreme Court, surrendered before the special TADA court on Monday. Kazi (70), who is suffering from cancer, was brought to ...
Gold rises, snapping 7-session losing streak
May 21, 2013 at 06:22 | Source: Market Watch
NEW YORK (MarketWatch) — Gold futures ended higher Monday, snapping a seven-session losing streak, while silver rebounded from a level not seen since 2010. Gold for June delivery (CNS:GCM3) settled up $19.40, or 1.4%, to $1,384.10 an ounce on th...
Dollar falls as Fed’s Evans calls for more time
May 21, 2013 at 06:22 | Source: Market Watch
NEW YORK (MarketWatch) — The dollar fell on Monday, but still traded at nearly five-year highs against the Japanese yen, as a Federal Reserve president said more time is needed to assess labor-market progress. Against the yen, the U.S. dollar (ICA...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
