BUSINESS
Expect gold to trade sideways to positive this week, maintain a cautious approach: Navneet Damani of Motilal Oswal
With the vaccine developments and updates, market participant's eyes are also set on the "new" stimulus bill which will continue to give a boost to the market sentiment.
BUSINESS
Base metals overheated, profit-taking after a strong rally hardly a surprise
Copper has been buoyed by bullish developments, including strong demand from China and possible supply problems.
BUSINESS
Crude can hit $50; pullback a buying opportunity: Navneet Damani
The fact that Asian countries are recovering from coronavirus has been one bright spot. The trend is likely to continue and be the biggest single driver for demand, at least in the short term.
BUSINESS
Spike in COVID case, lockdowns, OPEC meeting to weigh on crude prices
All eyes are now on the second round wave of lockdowns being imposed in parts of the world, particularly in the US, the UK and Europe, where consumption is still well below pre-pandemic levels.
MARKETS
'Gold prices to remain volatile with negative bias as all eyes are on FOMC meet'
Speculators last week increased their bullish positions in COMEX gold and silver contracts.
BUSINESS
Crude already reflects market's view that rebalancing is still some time away
With hopes of another round of stimulus measures flying out of the window, the US needs more economic activity to get demand flowing.
BUSINESS
Trade cautiously in crude, demand may take years to recover
A big question is whether US shale producers could spoil the party by restarting shut-in production or completing wells the moment that prices rise high to earn any positive cash flow.
BUSINESS
See WTI June crude at $5/bbl if Saudi Arabia continues to flood market: Motilal Oswal
Even after a face-saving deal cobbled together, markets are cautious as it cannot see how such a disparate group of producers maintains these sorts of cuts beyond a few months.
BUSINESS
See WTI crude at $15/bbl if Saudi-Russia deal fails, coronavirus lockdown extends: Motilal Oswal
The growing momentum for some sort of agreement among major oil producers to reduce the world’s massive oversupply hinges on cooperation from countries beyond OPEC+, notably the US, but how realistic is this?
BUSINESS
Gold outlook: Ratios indicating more safe haven appeal
Ratios are just division of two commodities hence forms a part of numerator and denominator so it is important to take into consideration that many times numerator might stay stable and latter might perform and vice versa.
