ISRAELI MISILE BRINGS DOWN SYRIA PLANE
REASON FOR SUDDEN FALL IN EUROPE AND BEING SEEN HERE TOO IN EQUITY Down AND SUDDEN UP IN BULLIONS
Economic data update: HPI m/m Survey 0.4% Prior 0.4% Actual 0.1%...Impact: Slightly negative for copper.
Economic data update: Flash Manufacturing PMI Survey 58.1 Prior 57.9 Actual 57.9...Impact: Neutral for base metals ,+tve for bullions
BE ALERT : TMRW OPEN SILVER -----500POINTS (OR) 500++++
GOLD 200++ (OR)---
Major Event: EUR German Ifo Business Climate@1.30PM(F:105.9;P:106.3),
US New Hme Sales@7.30PM(F:432K; P:412K),
Economic data update: New Home sales Survey 432k Prior 412k Actual 504...Impact: Positive for base metals
US Crude oil inventories data update: Survey 0.7Mbrls Prior 3.7Mbrls Actual -4.3Mbrls...Impact: Positive for oil prices.
USCore Durable Goods Orders@ 6PM(F:0.7%;P:-0.7%)
US Durable Goods Orders@6PM(F:-17.7%;P:22.6%)
US Unemplymnt Claim@6PM (F:294K;P:280K)
US Flash Services PMI@7.15PM(F:59.4;P:59.5)
N Gas Storage@8PM(F:98B.8;P:90B)
NATURAL GAS EXPIRY UPDATE: PLS SQUARE OFF OR ROLLOVER OPEN POSITIONS IN NATURAL GAS 25SEPT 2014 CONTRACT (IF ANY) EXPIRY IS TODAY. SAME WILL BE AVAILABLE FOR TRADING TILL 11:30 PM
SMALL TRADER AVOID TRADING FOR SOME TIMES AT LEAST TODAY IN EQUITY COMMODITY!!
In this Gold & Silver Weekly, Mike Maloney discusses the distinct possibility of the gold and silver revaluation happening overnight. We also check in on interesting news from around the industry.
Unemployment Claims : Actual 293 K ; Forecast 294 K ; Previous 280 K ;; >>> Data Analysis : Negative for Bullions
Economic data update: US Jobless claims Survey 294k Prior 280k Actual 293k, Core durable goods orders Survey 0.7% Prior -0.7% Actual 0.7%, Durable goods orders m/m Survey -17.7% Prior 22.6% Actual -18.2%...Impact: data mixed, neutral for bullion.
Be Alert :Narendra Modi Reached Newyork
Gross Domestic Product Annualized (Q2) (Actual/Cons./Previous) (4.6%/4.6%/-2.1%)
Gross Domestic Product Price Index (Q2) (Actual/Cons./Previous) (2.1%/2.1%/1.3%)
Data is Neutral
Personal Consumption Expenditures Prices (QoQ) (Q2) (Actual/Cons./Previous) (2.3%/2.3%/1.4%)
Core Personal Consumption Expenditures (QoQ) (Q2) (Actual/Cons./Previous) (2.0%/2.0%/1.2%)
Data is Neutral
27thSeptember1893 - Narendra Nath Datta ( Swami Vivekanand ) - Addressed World parliament of religion, USA.
27thSeptember2014 - Narendra Damodardas Modi - Will address United Nations, USA.
HOLIDAY UPDATE: ON 2ND OCTOBER ALL EXCHANGES WILL REMAIN CLOSED ON ACCOUNT OF GANDHI JAYANTI. ON 3RD OCTOBER (DUSSERA) AND
6TH OCTOBER (BAKRI ID) EQUITY, CURRENCY AND COMMODITY MKT WILL REMAIN CLOSED FOR MORNING SESSION. COMMODITY MARKET WILL REMAIN OPEN FOR EVE SESSION FROM 5.00PM ONWARDS ON BOTH DAYS.
FOR FREE CALLS & QURIES COMMENT U R NUMBER IN MY INBOX
Positional sell positions in bullions so Beware....... today night fed minutes can cause Bullions slide again...... So My best advice is not to carry any position overnight..........
American Petroleum Institute, U.S oil stocks rose by 5.1 million barrels on last week. Weekly supply data from the U.S EIA will be release on today IST 8PM
fed has decided to keep interest rate near zero for considerable time good for buyers
TRADING HOLIDAY UPDATE : In view of " MAHARASHTRA STATE ASSEMBLY ELECTIONS", Exchange shall be closed for trading on tomorrow 15/10/2014, for both Morning and Evening trading session.
MAJOR ECONOMIC EVENTS FOR THIS EVENING
05:30 PM USD FOMC Member Plosser Speaks
06:00 PM USD Unemployment Claims Forecast 286K Previous 287K
06:45 PM USD Industrial Production m/m Forecast 0.40% Previous -0.10%
06:45 PM USD Capacity Utilization Rate Forecast 79.00% Previous 78.80%
07:30 PM USD Philly Fed Manufacturing Index Forecast 19.9 Previous 22.5
07:30 PM USD FOMC Member Kocherlakota Speaks
07:30 PM USD NAHB Housing Market Index Forecast 59 Previous 59
08:30 PM USD Crude Oil Inventories Forecast 2.3M Previous 5.0M
BE ALERT :today yellen speech at 6.00 P.M IST ...IMP SPEECH
MCX / NCDEX – Please note the market timings as below :-
23rd October, 2014 (Laxmi Pooja) – Market will remain open for Muhurat trading from 6 pm to 8.30 pm.
24th October, 2014 (Balipratipada) – Market will remain open only for Evening Session i.e. From 5 pm to 11.30 pm.
MY EXPECTATION BULLUIONS DOWN (300-500)& CRUDE UP(100-150) .....
08:00 PM USD Crude Oil Inventories Forecast 3.3M Previous 7.1M
11:00 PM GBP MPC Member Haldane Speaks
11:30 PM USD FOMC Statement
11:30 PM USD Federal Funds Rate Forecast <0.25% Previous <0.25%
Alert:Today evening session going to be very volatile. .... Very imp data lined up today ....after fed first imp data. so trade with sl .
CRUDE BUYERS & SELLERS BE CARE FULL ...TOMMOROW OPENS GAP
Tomorrow on 11-11-2014....US market will remain close in obervance of Veterans Day.
French market closed in observance of Armistice Day..
Canada market closed in observance of Remembrance day