News from other websites on Futures Contract
What bullion dealers are saying about gold demand
May 22, 2013 at 13:42 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — It’s no surprise that investors took advantage of April’s nearly 8% drop in gold prices to scoop up coins and bars, but even some bullion dealers were surprised by the numbers. Bullion dealers have characterized t...
When ‘loser’ ETFs close, investors can lose too
May 21, 2013 at 22:27 | Source: Market Watch
Next month, iShares, the largest exchange-traded fund provider by assets, will do something it hasn’t done in more than a decade: close one of its 290 ETFs. While that move may seem like a footnote, experts say it highlights complications that can...
Gold prices may fall to Rs 23500: analysts
May 20, 2013 at 14:00 | Source: NDTV Profit
Gold futures for May delivery declined for the seventh straight session in domestic markets. The May Futures contract on the MCX traded 1.6 per cent or Rs 408 lower at Rs 25,427 per 10 gram as of noon. Gold prices have come under tremendous selling ...
Stockists turn bullish on soft oils
May 18, 2013 at 00:17 | Source: The Hindu BusinessLine
Mumbai, May 17: Palmolein extended gain despite slack demand, while soyabean refined oil ruled unchanged despite higher volume. Stockists took long position in soya oil for delivery upto July. Lower arrivals of mustard seed in producing centres push...
European shares dip but still near multi-year highs
May 17, 2013 at 05:15 | Source: FirstPost
LONDON (Reuters) - Weak data fanned expectations on Thursday of more central bank action in Europe, keeping yield-hungry investors focused on the region's stock markets and the dollar near a six-week high against the euro.With most markets trading in...
Gold drops nearly 1.5% as dollar climbs
May 16, 2013 at 19:12 | Source: Market Watch
MADRID (MarketWatch) — Gold prices took another tumble on Thursday, dropping close to 1.5% as the dollar pushed higher, though a jump in weekly jobless claims helped ease some of the precious metal’s slide. Gold for June delivery (CNS:GCM3) dr...
With futures trade resuming, area under guar may rise
May 14, 2013 at 23:31 | Source: The Hindu BusinessLine
New Delhi, May 14: The resumption of futures trade in guar complex may help boost guarseed acreage. It is seen rising this year as farmers in Rajasthan and Haryana, lured by higher returns, could be planting more. Trade sources expect guarseed acrea...
Jewellery companies gain on hopes of rise in sales during Akshaya Tritiya
May 13, 2013 at 14:11 | Source: Economic Times
MUMBAI: Shares of jewellery manufacturing companies moved higher in a weak market on hopes of pick-up in sales of gold jewellery and coins on Akshaya Tritiya. At 12:30 p.m.; Tribhovandas Bhimji Zaveri was up 1.2 per cent, Titan Industries gained 0.07...
Who is NR Manjunath, the moneybags behind the Rail bribe scandal?
May 07, 2013 at 13:11 | Source: FirstPost
While the focus of the Railway bribery scandal has been firmly fixed on the nephew of Railway Minister Pawan Kumar Bansal, Vijay Sangla, little is known about a manufacturer of electrical systems for the railways who decided to fund Railway Board mem...
Buying by short position holders boosts pepper
May 03, 2013 at 21:22 | Source: The Hindu BusinessLine
Kochi, May 3: Pepper prices continued to crawl up on buyback by short position holders on Friday.In fact, despite the concerted efforts by the short position holders to pull the prices down the market has been moving up, albeit marginally, market so...
Intercontinental Exchange Net Income Declines on Energy Trading
May 01, 2013 at 18:00 | Source: Bloomberg
Intercontinental Exchange Inc. (ICE), which agreed to buy NYSE Euronext for $8.2 billion in December, said first-quarter net income dropped 8.4 percent as trading in energy and financial futures contracts fell. Net income declined to $135.4 million, ...
Currency outlook: Short-term strength in rupee
May 01, 2013 at 16:32 | Source: The Hindu BusinessLine
April 30, 2013: The rupee has been vacillating in a range between 54 and 55 over the last two months. Within this range, the currency has rallied from the low of 54.9 to 53.8 against the dollar since April 5. This was mainly due to expectation of po...
Central bank stimulus hopes lifts European shares
May 01, 2013 at 03:00 | Source: FirstPost
LONDON (Reuters) - Europe's share markets firmed and the common currency slipped on Tuesday as a sharp fall in euro zone inflation and rising unemployment bolstered expectations of an interest rate cut by the European Central Bank this week.However, ...
May 01, 2013 at 00:36 | Source: The Hindu BusinessLine
April 30, 2013: The rupee has been vacillating in a range between 54 and 55 over the last two months. Within this range, the currency has rallied from the low of 54.9 to 53.8 against the dollar since April 5. This was mainly due to expectation of po...
Edible oils could slip as importers cut price
May 01, 2013 at 00:36 | Source: The Hindu BusinessLine
Mumbai, April 30: Edible oils are likely to drop at retail levels after importers sold palmolein at lower rates for delivery later in May. Importers have sold 800-900 tonnes of palmolein at Rs 496-498 for 10 kg. This is against sale of 150-200 tonne...
Edible oil trade cautious ahead of export data
Apr 29, 2013 at 22:02 | Source: The Hindu BusinessLine
Mumbai, April 29: Traders are waiting for further direction from Malaysian palm oil futures that edged lower on Monday after four straight sessions of gains. Traders remained cautious ahead of export data, though. Sources said sentiment in local mar...
HP eyes $1 billion sale of MphasiS stake
Apr 26, 2013 at 12:46 | Source: Economic Times
MUMBAI: Hewlett Packard (HP) has formally started work to sell IT services firm MphasiS Ltd with Citigroup managing the process, said people directly briefed on the matter. HP's move is said to attract the interest of buyout private equity funds lik...
Currency futures stifled by RBI rules: MCX-SX
Apr 23, 2013 at 03:15 | Source: FirstPost
MUMBAI (Reuters) - Indian currency futures volumes have been stifled by the RBI move last year to prevent rupee weakness which has indirectly created prices variations between listed and over-the-counter derivatives, a senior official at domestic exc...
Oil holds above $88 ahead of contract expiry
Apr 22, 2013 at 11:27 | Source: Market Watch
LOS ANGELES (MarketWatch) — Benchmark U.S. crude-oil futures rose in electronic trade Monday, slightly cutting into last week’s slump of nearly 4%. May crude oil (NMN:CLK3) rose 41 cents, or 0.5%, to $88.42 a barrel. Oil prices on Friday rose ...
Oil futures gain, but lose nearly 4% for the week
Apr 20, 2013 at 01:17 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — Oil futures climbed back above $88 a barrel on Friday, as traders mulled the prospects for an output cut from the Organization of the Petroleum Exporting Countries after a recent slump in prices left oil with a loss o...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
