All
 

 

Just in:  

You are here: Home»Markets»Commodities»Asia

Asia

Archive

LME copper to retest support at $7,238 SINGAPORE: LME copper is expected to retest a support at $7,238 per tonne, a break below which will open the way towards $7,116.A three-wave cycle that developed from the June 25 low of $6,602 has peaked at the Aug. 16 high of $7,420. Over the next few weeks, copper may drop towards the trough of the second wave at $6,721, which is a low touched on July 30.Copper is facing a support at $7,238, the 100 percent Fibonacci projection level of an upward wave C, which blocks the way towards the 76.4 percent level at $7,116.A further rebound from the current level may be capped at $7,360, the 123.6 percent projection level.No information in this analysis should be considered as being business, financial or legal advice. Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the ...

CBOT soybeans still target $12.67-3/4 SINGAPORE: CBOT soybeans November may have completed its consolidation around a support zone of $12.90-3/4 to $12.92-3/4 per bushel and is poised to drop towards $12.67-3/4.The zone has been formed by the 100 percent Fibonacci projection level of an upward wave c and the 76.4 percent Fibonacci retracement on the fall from the June 7 high of $13.33 to the Aug. 7 low of $11.62-1/2.Soybeans are not supposed to hover around this zone very long, ...
CBOT corn targets $4.68-1/2 SINGAPORE: CBOT September corn is expected to test a support at $4.79-1/2, with a good chance of breaking this level and falling further to $4.68-1/2 per bushel.The support is at the 23.6 percent Fibonacci retracement on the drop from the July 11 high of $5.63-1/2 to the Aug. 13 low of $4.53-3/4, and the lower support will be at $4.68-1/2, a low touched on Aug. 16.Wave pattern shows that an upward wave (4) starting from ...
India sugar eases on supply pressure; rupee's fall revives export hopes MUMBAI: Indian sugar futures eased on Tuesday on forecast of surplus production for the fourth straight year, but expectations of a revival in exports due to a weak rupee limited the downside.At 0832 GMT, the key September contract was down 0.23 percent at 3,019 rupees ($47.5) per 100 kg on the National Commodity and Derivatives Exchange."For the next season production has been forecast at 25 million tonnes. On top of it there is carry forward ...
Vietnam may miss 2013 rice export target as deal cancellations climb HANOI: Vietnam could miss its 2013 rice export target of 8 million tonnes due to growing instances of cancellation of export contracts that had already affected shipments of nearly 1 million tonnes so far this year, state media and traders said.The cancellations came due to a slide in global rice prices and import restrictions in the Philippines, one of the world's top buyers of the grain, the Vietnam Economic Times newspaper quoted the Vietnam Food ...
Vietnam coffee prices fall to nearly six-week low HANOI: Vietnam's domestic coffee prices fell in line with global prices to 39,000-39,700 dong ($1.85-$1.88) per kg on Tuesday, the lowest in nearly six weeks, which could discourage farmers from selling beans and cut into the country's exports, traders said.Several export firms in Daklak, Vietnam's top coffee growing province, offered to buy beans at 39,000 dong per kg, the lowest since July 10, after Liffe robusta November contract lost 1.3 percent to close at $1,876 ...
Shanghai copper still targets 51,780 yuan SINGAPORE: A bearish target at 51,780 yuan per tonne remains unchanged for Shanghai copper, as indicated by its wave pattern and a Fibonacci projection analysis.The analysis reveals a resistance at 53,010 yuan, the 138.2 percent projection level, which has successfully stopped a wave 5, the final component wave of the bigger wave C.The completion of the wave 5 has also marked the end of a rebound from the June 25 low of 47,280 yuan. A ...

 



 
Index Closing Chg%
Arrow DJIA 16,399.67 0.12
Arrow Nasdaq 4,316.07 1.35
Arrow S&P 1,904.01 0.91
Arrow FTSE 6,267.07 0.68
Arrow DAX 8,717.76 1.50
Arrow CAC-40 3,991.24 1.04
Arrow Nikkei 15,111.23 3.98
Arrow H.Seng 23,070.26 0.20
Arrow Sensex 26,429.85 1.23





where to buy

cheap wedding dresses

online - weddingdresstrend.com


Banking Review 2013


Buy new style hair wigs at cheap price on Ishowigs.com

Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln