Just in:  

You are here: Home»Markets»Commodities»Asia



Palm oil still targets 2,250-2,268 ringgit range SINGAPORE: A bearish target range of 2,250-2,268 ringgit per tonne remains unchanged for palm oil , as indicated by its wave pattern and a Fibonacci projection analysis. Palm oil is riding on a wave 3, which has been temporarily disrupted by a support at 2,298 ringgit, the 100 percent level. However this wave is capable of travelling to 2,220, its 161.8 percent projection level.Before it fulfils the target, palm oil is expected to reach the range formed by the 138.2 percent level and the 123.6 percent projection levels.A further bounce from the current level may be capped at 2,328 ringgit, the 76.4 percent level. 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. ...

CBOT soybeans target $10.42-1/2 SINGAPORE: CBOT soybeans November contract may break a support at $10.72-1/2 per bushel and fall more towards $10.42-1/2, as it has approached this level again.The support is provided by the 223.6 percent Fibonacci projection level of a downward wave 3 that developed from the June 26 high of $12.46-1/4. This wave could have resumed after a pause around the support.Strategically, the target at $10.42-1/2 will be confirmed when soybeans drop below their July 11 low ...
CBOT corn targets $3.51-1/4 to $3.58-3/4 range SINGAPORE: CBOT September corn is expected to drop into a range of $3.51-1/4 to $3.58-3/4 per bushel, driven by a wave 5.This is the final wave of a five-wave cycle that developed from the June 23 high of $6.53. A Fibonacci projection analysis on the target of the preceding wave 3 reveals that the wave 5 has traveled below a support at $3.68, the 376.4 percent projection level.The next two supports are at $3.58-3/4 and ...
Gold holds above $1,300 as geopolitical risks eyed SINGAPORE: Gold steadied above the $1,300 an ounce support level on Monday, aided by anticipation of increased geopolitical risks as the United States began demanding answers from Russia after a Malaysian plane was downed in eastern Ukraine.Spot gold was little changed at $1,311.64 an ounce by 0302 GMT, after dropping 0.5 percent on Friday. Trading volumes were thin as Japanese markets were closed.The metal jumped 1.4 percent on Thursday when news of the downed Malaysian ...
CBOT wheat targets $4.99-3/4 SINGAPORE: A bearish target at $4.99-3/4 per bushel has been established for CBOT September wheat, as it has broken below a support at $5.32-1/4 again.The support was provided by the 76.4 percent Fibonacci projection level of a downward wave c, which started at the June 9 high of $6.37-3/4. The break below this support signals a continuation of the downtrend towards $4.99-3/4, the 100 percent projection level.Strategically, the target at $4.99-3/4 will be confirmed when ...
Russia's gold reserves up as of July 1 MOSCOW: Russia's gold reserves rose to 35.2 million troy ounces in June from 34.7 million troy ounces in May, the central bank said on its website on Friday. The value of its holdings rose to $46.29 billion as of July 1 from $43.46 billion a month ago, it said. Copyright Reuters, 2014 ...
Palm edges up from 10-month low, posts 3rd week of decline JAKARTA: Malaysian palm oil edged higher on Friday after sliding to its lowest since September and falling for a third straight week as expectations of ample global supplies of oilseed and slowing exports pressured the market. The benchmark August contract on the Bursa Malaysia Derivatives Exchange slipped to 2,280 Malaysian ringgit ($720) per tonne, its lowest since Sept. 27. By the close, however, prices had regained 0.65 percent to reach 2,308 ringgit per tonne but ...


Index Closing Chg%
Arrow DJIA 17,083.80 0.02
Arrow Nasdaq 4,472.11 0.04
Arrow S&P 1,987.98 0.05
Arrow FTSE 6,821.46 0.34
Arrow DAX 9,794.06 0.42
Arrow CAC-40 4,410.65 0.78
Arrow Nikkei 15,284.42 0.29
Arrow H.Seng 24,141.50 0.71
Arrow Sensex 26,271.85 0.48

where to buy

cheap wedding dresses

online -

Buy cheap Nike Mercurials cleats at
cheap wedding dresses on - Best Online Wedding Store

Banking Review 2013

Buy direct from

China free shipping trade platform

Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln