All
 

 

Just in:  

You are here: Home»Markets»Commodities»Asia

Asia

Archive

NY coffee targets $2.0760 SINGAPORE: New York May coffee may break a resistance at $2.0350 per lb and rise further to $2.0760, driven by a wave c.The strong recovery of the price from the Wednesday low of $1.9015 suggests an extension of the preceding uptrend from the April 2 low of $1.6790. A Fibonacci projection analysis reveals the resistance at $2.0350, the 38.2 percent level, which blocksthe way towards the 50 percent level at $2.0760.Support is at $1.9840, the 23.6 percent level, a break below which will make signals neutral.The views expressed are his own.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 analyses. Copyright Reuters, 2014 ...

NY cocoa to drop into $2,954-$2,970 range SINGAPORE: New York May cocoa seems to have completed a rebound from the April 2 low of $2,905 per tonne, and may drop into a range of $2,954-$2,970. The completion has been indicated by cocoa's failure to break resistance at $3,007, the 76.4 percent Fibonacci retracement on the fall from the March 17 high of $3,039 to the April 2 low of $2,905. Further indication is the sudden fall on Thursday after market opened. A ...
CBOT corn to drop to $4.81 SINGAPORE: CBOT May corn is expected to fall to $4.81 per bushel, as it failed to break a resistance at $5.22.The resistance is at the 61.8 percent Fibonacci retracement on the fall from the June 19, 2013 high of $5.88-1/2 to the Jan. 10 low $4.14-1/2. A correction has been triggered towards the 38.2 percent retracement at $4.81.The rise from $4.14-1/2 could be well broken down into five small waves, and the completion of such ...
Malaysia March palm stocks rise, output jumps more than expected KUALA LUMPUR: Malaysia's palm end-stocks rose in March, industry data showed, missing market estimates for a drop to a three-year low as the effect of crop-damaging weather wore off and output surged. Stocks in the second-largest grower after Indonesia rose nearly 2 percent to 1.69 million tonnes, industry regulator the Malaysian Palm Oil Board (MPOB) said in a monthly report on Thursday, against forecasts for a drop to 1.58 million tonnes.The unexpected rise in stocks ...
CBOT wheat may test support at $6.58-1/2 SINGAPORE: CBOT May wheat may test a support at $6.58-1/2 per bushel, as it failed to break a resistance at $6.83-1/2.The resistance has been identified as the 38.2 percent Fibonacci retracement on the fall from the March 20 high of $7.23-1/2 to the April 4 low of $6.58-3/4. Wheat's failure to overcome this barrier indicates a resumption of the preceding downtrend that developed from $7.23-1/2.The support is provided by the 38.2 percent Fibonacci retracement on ...
CBOT soybeans target $14.63-3/4 SINGAPORE: CBOT soybeans May contract is due for a deep drop as it may have completed a wave C that developed from the Nov. 5, 2013 low of $12.24.The final component wave of the wave C, the wave 5, could have peaked at the Wednesday high of $15.12, slightly above a resistance at $15.04-1/2, the 161.8 percent Fibonacci projection level of the wave C. The bearish divergence on the daily RSI strongly suggests the exhaustion ...
China coal prices now close to bottom SHANGHAI: Chinese coal prices are now close to their bottom after a long decline brought about by slowing demand and excess supply, an executive with a leading Chinese coal firm said on Thursday. "I think prices are bottoming out and are unlikely to fall a lot more given the sector-wide losses and rising costs," said Gong Qingchao, head of sales and executive director with the China Coal Group, China's second-biggest state coal producer. Speaking at ...

 



 
Index Closing Chg%
Arrow DJIA 16,424.85 1.00
Arrow Nasdaq 4,086.23 1.29
Arrow S&P 1,862.31 1.05
Arrow FTSE 6,584.17 0.65
Arrow DAX 9,317.82 1.57
Arrow CAC-40 4,405.66 1.39
Arrow Nikkei 14,417.68 3.01
Arrow H.Seng 22,696.01 0.11
Arrow Sensex 22,277.23 0.92





where to buy

cheap wedding dresses

online - weddingdresstrend.com

Buy cheap Nike Mercurials cleats at mercurialscleats.com
cheap wedding dresses on SiteSteer.com - Best Online Wedding Store


Banking Review 2013


Buy direct from

China free shipping trade platform

Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln