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BASE METAL WRAP: For the quarter, the industrial metal lost 11.5%, as a combination of concerns over an end to the Fed’s assets purchase program and fears over a deepening slowdown in China weighed.
ENERGY WRAP: West Texas Intermediate crude fell for a second day as manufacturing in China expanded at the slowest pace in four months in China, raising speculation demand may ease in the world’s second-largest oil consumer.
PRECIOUS METAL WRAP: Gold swung between gains and losses after dropping to the lowest in 34 months last week as investors weighed prospects for growth against stimulus, while holdings in the largest bullion-backed exchange-traded product held steady.
GLOBAL EVENTS TO WATCH: Manufacturing PMI, Manufacturing PMI, Final Manufacturing PMI, ISM Manufacturing PMI, Construction Spending m/m, ISM Manufacturing Prices.
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4 comments:
The range for the day is seen between 59.40-59.70/USD Advisory firms in India
Today Indian rupee hit record low of 62.81 after that NSE Nifty touch 5360 while BSE Sensex 18139.15. Metal stocks is supporting to market Jindal and Tata Steel trading with positive sign. Get more updates click on FREE SHARE TIPS
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