Real Time Trading Calls. Powered by Blogger.

Wednesday, October 14, 2015

Commodity Market News :COPPER & CRUDE OIL

Commodity Market News 

Chinese Inflation Data Weakens Sparking Stimulus Hopes
Consumer inflation dipped lower than forecast while PPI came in at forecast which was in the negative. PPI was forecast at -5.9%. The low inflation rate has sparked hopes of additional stimulus from the PBOC giving Asian currencies a bump as well as metals.

Crude Oil Traders Shrug Off Bearish IEA Outlook
Tuesday is shaping up to be a reversal day with several commodity and Forex pairs reversing direction. The moves could represent a clash between oversold technical indicators and ambiguous fundamentals. Or it could be simply trader indecision because of the lack of clarity from the Fed. 

Prices broke after the release of a bearish report from the International Energy Agency (IEA). The IEA said the world oil market would remain oversupplied for at least another year despite falls in output from non-OPEC producers.

Read more at:
Our Some Other Tips & Services, Get it Soon !! | T:+91-731-6790000,6669900
CapitalStars Financial Research Financial Advisory Services 


  1. eToro is the ultimate forex broker for beginning and advanced traders.