DAILY COMEX COMMODITY REPORT DAILY COMEX COMMODITY REPORT Daily markrt outlook LME Inventory & Support –Resistance Daily market outlook News & Daily Candlestick LME Inventory Support _Resistance News Daily Candlestick EPIC RESEARCH SINGAPORE
DAILY COMEX COMMODITY REPORT Date– 09 - Mar DAILY COMEX COMMODITY REPORT Date– 13 Mar PRECIOUS METALS AND INDUSTRIAL METALS COMMODITY UNIT PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1304.85 6.75 0.52 APR-19 COMEX SILVER USD/T OZ. 15.457 0.044 0.29 MAR-19 COMEX COPPER USD/LB. 2.925 -0.006 -0.20 MAR-19 PLATINUM USD/T OZ. 836.25 0.25 0.03 APR-19 ENERGY COMMODITY FUTURE COMMODITY UNIT PRICE CHANGE % CHANGE CONTRACT CRUDE OIL(WTI) USD/BBL. 57.12 0.25 0.44 APR-19 CRUDE OIL(BRENT) USD/BBL. 66.84 0.16 0.24 MAY-19 NY. NATURAL GAS USD/MMBTU 2.789 -0.003 -0.11 APR-19 NY. HEATING OIL USD/GAL. 1.9863 0.009 0.05 APR-19 LME WAREHOUSE STOCK(INVENTORY) METALS INVENTORY CHANGE (MT) ALUMINIUM -7400 COPPER -800 LEAD 250 TIN NA ZINC -250 www.epicresearch.sg www.epicresearch.my DAILY COMEX COMMODITY REPORT BY EPIC RESEARCH SINGAPORE Iforex Market Insight By Epic Research Malaysia
DAILY COMEX COMMODITY REPORT Date– 13 Mar DAILY SUPPORT & RESISTANCE COMMODITY SUPPORT –2 SUPPORT-1 PIVOT POINT RESISTANCE-1 RESISTANCE-2 GOLD 1288.98 1295.46 1298.93 1305.41 1308.88 SILVER 15.246 15.350 15.419 15.523 15.592 WTI CRUDEOIL 56.37 56.77 57.16 57.56 57.95 NATURALGAS 2.735 2.763 2.780 2.808 2.825 COPPER 2.882 2.906 2.931 2.955 2.980 INTERNATIONAL COMMODITY NEWS The high drama over Britain's EU divorce has given gold bugs fresh $1,300 joy. Despite winning a last-minute, legally binding concession from the European Union on Monday evening, U.K. Prime Minister Theresa May still lost a parlia- mentary vote on her Brexit plan later on Tuesday. Gold futures for April delivery were up $10.85, or 0.8%, at $1,301.95 per ounce on the Comex division of the New York Mercantile Exchange by 3:00 PM ET (19:00 GMT). Oil prices rose on Wednesday, pushed up by ongoing supply cuts from producer cartel OPEC and U.S. sanctions against Iran and Venezuela. International Brent crude oil futures (LCOc1) were at $66.85 a barrel at 0341 GMT, up 18 cents, or 0.3 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures (CLc1) were at $57.12 per barrel, up 25 cents, or 0.5 percent, from their last settlement. Oil prices have been pushed up this year by supply cuts led by the Middle East dominated producer group of the Organization of the Petroleum Exporting Countries (OPEC). The oil industry should engage with proponents of the "Green New Deal," a Democratic initiative seeking to radically reduce U.S. dependence on fossil fuels, BP (LON:BP) Chief Executive Officer Bob Dudley said on Tuesday. Dudley made the rare foray into U.S. politics in a keynote speech at the largest U.S. annual gathering of the oil and natural gas sector in Houston, urging peers to engage with young people or lose the trust of society. ECONOMY NEWS Just when it looks like North Korean leader Kim Jong Un may restart his ballistic missile testing program, U.S. President Donald Trump has proposed trimming the missile defense budget, as one set of deterrents is delayed by two years. The U.S. Missile Defense Agency - charged with developing, testing and fielding a ballistic missile defense system - will delay the expansion of the Ground-based Midcourse Defense (GMD) system by two years because of a delay in the redesign of the Raytheon (NYSE:RTN) Co-made "kill vehicle" the system uses. Jeffrey Gundlach, the chief executive of DoubleLine Capital and Wall Street's Bond King, called the increasingly popular Modern Monetary Theory backed by progressives a "crackpot" idea. Gundlach, who oversees more than $123 billion, said on an investor webcast on Tuesday that Modern Monetary Theory is "complete nonsense, yet it is being used to justify a massive socialist program." Congressional Democrats attacked U.S. social safety net changes proposed by President Donald Trump in his 2020 budget plan, with a senior lawmaker on Tuesday saying Trump's cutbacks in programs such as Medicaid and food aid were "intended to do harm". Trump's budget is widely seen as a dead letter on Capitol Hill, where the Democratic- majority House of Representatives will kill it, but Trump's proposals are likely to follow him into his 2020 presidential reelection campaign. www.epicresearch.my Iforex Market Insight By Epic Research Malaysia
DAILY COMEX COMMODITY REPORT DAILY COMEX COMMODITY REPORT Date– 13 Mar ECONOMIC CALENDAR ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Wednesday, March 13, 2019 00:30 JPY Tertiary Industry Activity Index (MoM) -0.3% -0.3% 04:30 EUR ECB's Mersch Speaks 06:00 EUR Industrial Production (MoM) (Jan) 1.0% -0.9% 08:30 USD Cap Goods Ship Non Defense Ex Air (MoM) -0.1% 0.0% 08:30 USD Core Durable Goods Orders (MoM) (Jan) 0.1% 0.1% 08:30 USD Core PPI (MoM) (Feb) 0.2% 0.3% 08:30 USD Durable Goods Orders (MoM) (Jan) -0.5% 1.2% 08:30 USD PPI (MoM) (Feb) 0.2% -0.1% 10:30 USD Cushing Crude Oil Inventories 0.873M 13:00 EUR ECB's Coeure Speaks 20:01 GBP RICS House Price Balance (Feb) -24% -22% www.epicresearch.my Iforex Market Insight By Epic Research Malaysia www.epicresearch.sg
DAILY COMEX COMMODITY REPORT DAILY COMEX COMMODITY REPORT Date– 13 Mar GOLD COMEX -DAILY CANDLESTICK CHART TRADING STRATEGY : BUY GOLD ABOVE 1308 TGT 1314 1324 SL BELOW 1298 SELL GOLD BELOW 1298 TGT 1293 1283 SL ABOVE 1308 www.epicresearch.my Iforex Market Insight By Epic Research Malaysia
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