Thursday, 23 November 2017

MTECHTIPS:-Crude Oil Prices Settle Higher as US Crude Supplies Fall Ahead of OPEC Meeting

MTECHTIPS:-Crude Oil Prices Settle Higher as US Crude Supplies Fall Ahead of OPEC Meeting

MTECHTIPS- Crude oil prices settled higher on Wednesday after data showed crude stockpiles fell for the first time in three weeks, while a disruption to a major pipeline in Canada lifted sentiment. On the New York Mercantile Exchange crude futures for December delivery rose 2.1% to settle at $58.02 a barrel, while on London's Intercontinental Exchange, Brent gained 1.17% to trade at $63.30 a barrel. Crude oil prices settled at two-and-a-half year highs as investors cheered a report showing crude supplies fell more-than-estimated, while gasoline stockpiles rose marginally last week, easing recent concerns that a ramp-up in US production would add to the glut in supplies. Inventories of U.S. crude fell by roughly 1.9 million barrels for the week ended Nov. 18, beating expectations of a draw of 1.6 million barrels. Crude oil stockpiles fell for the first time in three weeks. Gasoline inventories – one of the products that crude is refined into – rose by 44,000 barrels, less-than-estimates for rise of 737,000 barrels, while supplies of distillate – the class of fuels that includes diesel and heating oil – unexpectedly rose by about 269,000 barrels, confounding expectations for a draw of 1.2 million barrels. The rally in oil prices comes as the Opec meeting slated for Nov. 30 draws closer amid expectations that Opec will agree to extend its production cuts beyond March, when the current phase of output curbs is set to expire 

MTECHTIPS-Apply For 2 Days Free Trails Equity & Commodity Tips


WWW.MTECHTIPS.COM

07489294118-119

MTECHTIPS:-Gold Prices Advance as Dollar Struggles to Pare Losses; Fed Minutes Eyed

MTECHTIPS:-Gold Prices Advance as Dollar Struggles to Pare Losses; Fed Minutes Eyed


MTECHTIPS-Gold prices rose on Wednesday after a slump in Treasury yields pressured the dollar ahead of the release of the Federal Reserve November meeting minutes. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange rose by $10.53, or 0.82%, to $1292.22 a troy ounce. Rising fears that the treasury curve is edging closer to inversion – the yields on bonds with a shorter duration are higher than the yields on bonds that have a longer duration – sparked concerns over the long-term growth of the economy, raising demand for safe-haven gold. The ongoing yield curve flattening comes as data showed durable goods orders for October fell short of expectations, denting expectations somewhat that the U.S. economy is on track for a bullish final quarter of the year. The Commerce Department said on Wednesday non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, fell 0.5% last month after an upwardly revised 2.1% increase in September. Investor focus is expected to shift to monetary policy as the Federal Reserve minutes due at 2 p.m. ET could provide clues into future monetary policy action, with a December rate hike fully priced in

MTECHTIPS-Apply For 2 Days Free Trails Equity & Commodity Tips


WWW.MTECHTIPS.COM

07489294118-119

MTECHTIPS:-Copper Soars To Three Week High

MTECHTIPS:-Copper Soars To Three Week High


MTECHTIPS-Copper edged up yesterday amid sustained buying. Traders eyed upbeat global manufacturing scenario, weak US dollar and tight global supplies. COMEX Copper futures soared to a three week high of $3.14 per pound. The metal has dropped a little in Asia today. MCX Copper futures ended at Rs 448.30 per kg, not holding onto rallies towards the critical Rs 450 mark. Global manufacturing maintained rapid expansion in October, according to a new index compiled by the China Federation of Logistics and Purchasing (CFLP). The global manufacturing purchasing managers' index (PMI) stood at 55.1 last month, down from 55.9 in September but still at a relatively high level, according to the CFLP, which released the index for the first time on Tuesday. The index has stayed above 53.5 since the beginning of this year, showing a strong recovery of manufacturing in developed countries, accelerating industrial upgrading in emerging market economies and rising commodities prices on the global market, a CFLP statement said. World Copper mine production is estimated to have declined by around 2.2% in the first eight months of 2017, with concentrate production has declined by around 1.5% and solvent extraction-electrowinning (SX-EW) has also dropped by around 5%, according to preliminary data released by International Copper Study Group (ICSG). A 5% decline in production in Chile, the world's biggest copper mine producing country, negatively affected by the strike at the Escondida mine and lower output from Codelco mines. A decline in Argentina, Canada and Mongolia concentrates production of 50%, 19% and 18%, respectively, mainly due to lower grades in planned mining sequencing and Argentina's Alumbrera mine approaching end of life

MTECHTIPS-Apply For 2 Days Free Trails Equity & Commodity Tips


WWW.MTECHTIPS.COM

07489294118-119

MTECHTIPS:-Trading Tips with MTECHTIPS Apply For 2 Days Free Trails

Wednesday, 22 November 2017

MTECHTIPS:-Oil Prices Stay Higher as U.S. Crude Stocks Drop 1.9 M Barrels Last Week

MTECHTIPS:-Oil Prices Stay Higher as U.S. Crude Stocks Drop 1.9 M Barrels Last Week

MTECHTIPS- Oil prices held on to most of their gains on Wednesday, with the U.S. benchmark staying close to its best level since July 2015 after data showed U.S. crude stockpiles dropped last week. U.S. West Texas Intermediate (WTI) crude futures were at $57.55 a barrel, up 72 cents, or about 1.2%, by 10:35 AM ET (1535 GMT). Prices were at around $57.70 prior to the release of the inventory data. It touched its highest level since July 2015 at $58.05 earlier in the session. Meanwhile, Brent crude futures, the benchmark for oil prices outside the U.S., rose 24 cents, or around 0.4%, to $62.83 a barrel. The U.S. Energy Information Administration said in its weekly report that crude oil inventories fell by 1.9 million barrels in the week ended Nov. 17. That compared with analysts' expectations for a decline of 1.5 million barrels, while the American Petroleum Institute late Tuesday reported a supply-drop of 6.4 million barrels. Supplies at Cushing, Oklahoma, the key delivery point for Nymex crude, decreased by 1.8 million barrels last week, the EIA said. Total U.S. crude oil inventories stood at 457.1 million barrels as of last week, which the EIA considered to be at the upper half of the average range for this time of year

MTECHTIPS-Apply For 2 Days Free Trails Equity & Commodity Tips


WWW.MTECHTIPS.COM

07489294118-119

MTECHTIPS:-Gold Prices Hold Onto Gains After Mixed U.S. Data

MTECHTIPS:-Gold Prices Hold Onto Gains After Mixed U.S. Data

MTECHTIPS-Gold prices held onto gains on Wednesday, after the release of mixed U.S. economic reports and as traders were still eyeing the minutes of the Federal Reserve's latest policy meeting due later in the day. Comex gold futures were up $3.82 or about 0.30% at $1,285.53 a troy ounce by 08:35 a.m. ET (12:35 GMT). The U.S. Department of Labor reported on Wednesday that initial jobless claims fell more than expected to 239,000 last week. However, on a less positive note, the Commerce Department said the durable goods orders dropped 1.2% last month, disappointing expectations for a 0.3% gain. Meanwhile, market participants were eyeing the minutes of the Fed's most recent policy meeting, due later Wednesday, as the report could offer clues on the pace of potential interest rate hikes. In a speech late Tuesday, Fed Chair Janet Yellen said the central bank is "reasonably close" to its goals and should keep gradually raising interest rates to avoid the risk of letting inflation slip below target for too long and of pushing unemployment down too far. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.15% at 93.75. Gold is sensitive to moves in both U.S. rates and the dollar. A weaker dollar makes gold less expensive for holders of foreign currency, while a rise in U.S. rates lifts the opportunity cost of holding non-yielding assets such as bullion

MTECHTIPS-Apply For 2 Days Free Trails Equity & Commodity Tips


WWW.MTECHTIPS.COM

07489294118-119

MTECHTIPS:-FUTURE 2 DAY FREE TRAIL WITH 90% ABOVE ACCURACY

MTECHTIPS:-FUTURE 2 DAY FREE TRAIL WITH 90% ABOVE ACCURACY
MTECHTIPS providing best STOCK FUT trading tips & big tgt calls above 95% accuracy 2 days free trial type STOCK send sms

www.mtechtips.com
07489294118/119

MTECHTIPS:-INDEX 2DAY FREE TRAIL WITH 90% ABOVE ACCURACY


MTECHTIPS:-INDEX 2DAY FREE TRAIL WITH 90% ABOVE ACCURACY
MTECHTIPS Provide Get Superb Intraday Profit trading calls in bank nifty & nifty 5-10 los trading daily earn 20k-30k+ 95% accuracy calls & complete follow up 2days free trail sms INDEX send

www.mtechtips.com
07489294118/119

MTECHTIPS:-MCX 2DAY FREE TRAIL WITH 90% ABOVE ACCURACY

MTECHTIPS:-MCX 2DAY FREE TRAIL WITH 90% ABOVE ACCURACY
MTECHTIPS Provide Commodity MCX Trading Tips 2Days Free Trail SMS MCX send 07489294118-119 & 95% accurecy calls daily earn 15000/+ shure profit
www.mtechtips.com
07489294118/119


MTECHTIPS:-OPTION 2DAY FREE TRAIL WITH 90% ABOVE ACCURACY

MTECHTIPS:-OPTION 2DAY FREE TRAIL WITH 90% ABOVE ACCURACY

MTECHTIPS Provide OPTION Trading Tips 95% accurecy calls daily earn 10K TO 15K+ shure profit 2Days Free Trail sms OPTION send www.mtechtips.com
07489294118/119

MTECHTIPS

MTECHTIPS - Dear Friend my all updates on my page so plz like my page link are there http://www.facebook.com/MTECHTIPS
www.mtechtips.com
07489294118/119

                                                     

MTECHTIPS:-Natural Gas Futures Sink To 3-Week Lows Ahead of Storage Report

MTECHTIPS:-Natural Gas Futures Sink To 3-Week Lows Ahead of Storage Report

MTECHTIPS- Natural gas futures extended losses into a third session to hit its lowest level in around three weeks on Wednesday, as investors looked ahead to weekly data from the U.S. on supplies in storage to gauge demand for the fuel. The report comes out one day ahead of its normal release time due to the Thanksgiving holiday in the U.S. on Thursday. U.S. natural gas futures declined 2.4 cents, or around 0.8%, to $2.994 per million British thermal units by 7:20 AM ET (1220 GMT). It reached its worst level since Nov. 3 at $2.993 earlier in the session. Prices lost 3.0 cents, or about 1%, on Tuesday, as traders reacted to forecasts calling for less heating demand through the end of this month. Gas futures often reach a seasonal low in late October and early November, when mild weather weakens demand, before recovering in the winter, when heating-fuel use peaks. The heating season from November through March is the peak demand period for U.S. gas consumption. The U.S. Energy Information Administration (EIA) will release its official weekly natural gas storage report for the week ended Nov. 17 at 12:00 PM ET (1700 G MT), amid expectations for a withdrawal of 51 billion cubic feet (b cf). That compares with a drop of 18 bcf in the preceding week, a fall of 2 bcf a year earlier and a five-year average decline of 26 bcf. Total natural gas in storage currently stands at 3.772 trillion cubic feet (tcf), according to the EIA. That figure is 271 bcf, or around 6.7%, lower than levels at this time a year ago and 101 bcf, or roughly 2.6%, below the five-year average for this time of year

MTECHTIPS-Apply For 2 Days Free Trails Equity & Commodity Tips


WWW.MTECHTIPS.COM

07489294118-119

MTECHTIPS-Apply For 2 Days Free Trails Equity Tips