Epic research daily commodity report 11th may 2015

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11 May 2015

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11 May 2015

COMMODITY CONTRACT OPEN PRICE HIGH LOW CLOSE PRICE OI (in lots)

GOLD 05-Jun 26912.00 27014.00 26821.00 26889.0 5872

SILVER 05-July 37800.00 38150.00 37620.00 37935.0 8942

CRUDEOIL 18-May 3766.00 3830.00 3723.00 3796.00 11117

NATURAL GAS 26-May 175.50 184.50 175.10 183.30 7742

COPPER 30-Jun 416.50 418.35 411.50 414.25 11325

NICKEL 29-May 912.00 922.30 901.00 913.60 6764

LEAD 29-May 133.15 134.30 130.05 130.55 3150

ZINC 29-May 152.15 153.50 150.50 150.70 7033

ALUMINIUM 29-May 120.05 121.30 121.30 119.50 3418

DAILY MARKET WRAPUP

METAL TONNES IN STORAGE

ALUMINIUM -7725

COPPER -650

LEAD -1375

NICKEL -1260

ZINC -2500

LME WAREHOUSE STOCKS (08-May- 2015)


11 May 2015

COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT

Crude Oil (WTI) USD/bbl. 59.39 +0.45 +0.76% Jun 15

Crude Oil (Brent) USD/bbl. 65.39 -0.15 -0.23% Jun 15

RBOB Gasoline USd/gal. 199.18 +0.15 +0.08% Jun 15

NYMEX Natural Gas USD/MMBtu 2.88 +0.15 +5.34% Jun 15

NYMEX Heating Oil USd/gal. 195.37 -0.80 -0.41% Jun 15

COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT

COMEX Gold USD/t oz. 1,188.90 +6.70 +0.57% Jun 15

Gold Spot USD/t oz. 1,188.39 +3.88 +0.33% N/A

COMEX Silver USD/t oz. 16.47 +0.17 +1.03% Jul 15

COMEX Copper USd/lb. 292.05 +0.25 +0.09% Jul 15

Platinum Spot USD/t oz. 1,141.50 +9.70 +0.86% N/A

INTERNATIONAL MARKETS

ENERGY COMMODITY FUTURES

PRECIOUS AND INDUSTRY METALS


11 May 2015

MOST ACTIVE CONTRACTS

Symbol Expiry Date LTP Value (In Lacs) Volume (In Lots)

CRUDE OIL 18-05-2015 3797.00 74,53,58,694.00 1,96,302

CRUDEOIL MINI 18-05-2015 3797.00 60,36,05,293.00 1,58,969

SILVERMICRO 30-06-2015 37940.00 2,70,88,78,060.00 71,399

NATURAL GAS 26-05-2015 183.20 92,24,120.00 50,350

NICKEL 29-05-2015 913.50 3,74,52,586.50 40,999

SILVER M 30-06-2015 37932.00 1,22,64,93,288.00 32,334

NICKELMINI 29-05-2015 913.50 2,82,86,527.50 30,965

COPPER 30-06-2015 414.20 1,17,34,286.00 28,330

ZINCMINI 29-05-2015 150.75 35,45,037.00 23,516

SILVER 03-07-2015 37913.00 88,52,30,637.00 23,349


11 May 2015

COMMODITY EXPIRY SUP.2 SUP.1 PIVOT RES.1 RES.2

GOLD 05-Jun 26715.00 26802.00 26908.00 26995.00 27101.00

SILVER 05-July 37371.67 37653.33 37901.67 38183.33 38431.67

CRUDEOIL 18-May 3676.00 3736.00 3783.00 3843.00 3890.00

NATURAL GAS 26-May 171.57 177.43 180.97 186.83 190.37

COPPER 30-Jun 407.85 411.05 414.70 417.90 421.55

NICKEL 29-May 891.00 902.30 912.30 923.60 933.60

LEAD 29-May 127.38 128.97 131.63 133.22 135.88

ZINC 29-May 148.57 149.63 151.57 152.63 154.57

ALUMINIUM 29-May 120.70 120.10 120.70 120.10 120.70

INTRADAY SUPPORT AND RESISTANCE


11 May 2015

COMMODITY NEWS

COMMODITY HEADLINES

Gold futures down 0.2% on weak global cues

Silver down by 0.3% on global trends

Lead weakens by 0.5% on overseas cues

Copper down by 0.1% on global cues

Nickel up by 0.4% on firm demand

Oil heads towards 2015 highs despite ample supply

Crude oil fall by 0.9% on weak Asian cues


11 May 2015

SPECIAL NEWS

The US nonfarm payrolls witnessed a decent addition of

223000 in April, rebounding sharply after a revised 85000

in the prior month. The increase in jobs and more people

entering the labor force pulled the unemployment rate

down to 5.4% from 5.5%, marking the lowest level since

May 2008, the Labor Department said today. The labor-

force participation rate edged up to 62.8% from 62.7%. The

government slashed its estimate of jobs created in March to

85000 from 126000. February's gain was raised slightly to

266000from 264000.

German industrial production fell 0.5 percent month-on-

month in March after staying flat in February, provisional

data from Destatis showed Friday. Excluding energy and

construction, industrial output fell 0.8 percent in March

from February. Energy production remained flat, while

construction output grew 2.1 percent. Within overall out-

put, the production of capital goods and intermediate goods

declined 1.4 percent and 0.8 percent, respectively. An in-

crease of production of 0.7 percent was recorded for con-

sumer goods .

COMMODITY BUZZ

Gold edged higher from early lows on Friday with the

gains were limited as demand for the greenback remained

supported by Thursday's jobless claims data. After just a

126,000 rise for payrolls in March, anything less than

200,000 gain may be seen as another let down. The US

dollar pushed higher against a basket of other major cur-

rencies on Thursday, after data showed that the number

of people who filed for unemployment assistance in the

U.S. rose less than expected last week and as markets

turned to Friday's non-farm payrolls report.

Copper hit its five month highs earlier this week amid

heavy losses for US dollar. The US dollar index tumbled to

a new 3.5-month low, extending its weakness. Greece re-

portedly made a debt payment of 200 million Euros to the

International Monetary Fund Wednesday. Dollar has

gained a bit thereafter though. The greenback is quoting

slightly stronger against the majors today as traders eye

the US nonfarm payrolls data to be released today eve-

ning.

COMMODITY BUZZ AND ECONOMIC EVENTS


11 May 2015

EPIC RESEARCH– ANALYST SPEAKS

GOLD

BUY GOLD JUN ABOVE 26960 TGTS 27040,27120 SL BELOW 26870

SELL GOLD JUN BELOW 26820 TGTS 26740,26640 SL ABOVE 26900

Major movement in Gold Mcx : Gold Short term trend is down, Gold Mcx closed @ 26889.0

Gold moves within the range of 26800-27100.for keep a close eye on US data, Volatility may Rule the overall market due

to USD/INR & USD DOLLER MOVEMENTS.


11 May 2015

EPIC RESEARCH– ANALYST SPEAKS

SILVER

BUY SILVER JUL ABOVE 38200 TGTS 38400,38700 SL BELOW 37900

SELL SILVER JUL BELOW 37600 TGTS 37400,37100 SL ABOVE 37900

Major movement in Silver Mcx : Silver short term trend is down, silver mcx closed @ 37935.0

Silver moves within the range of 37600-38200 .for keep a close eye on US data, Volatility may Rule the overall market

due to USD/INR & USD DOLLER MOVEMENTS.


11 May 2015

MONDAY, MAY 11

TIME COUNTRY EVENT ACTUAL FORECAST PREVIOUS

07:00 AUD NAB Business Confidence (Apr) - - 3

07:00 AUD NAB Business Survey (Apr) - - 6

09:31 MYR Malaysian Industrial Production (YoY) (Mar) - 4.5% 5.2%

11:30 SEK Unemployment Rate (Apr) - - 7.9%

14:30 MYR Malaysian FX Reserves USD (2wk) - - 105.6B

14:30 EUR Greek Industrial Production (YoY) (Mar) - - 1.9%

15:31 EUR Portuguese Trade Balance (Mar) - - -2.12B

16:30 GBP BoE QE Total (May) - - 375B

16:30 GBP Interest Rate Decision (May) - 0.50% 0.50%

19:30 USD CB Employment Trends Index (May) - - 127.70

TODAY’S ECONOMIC EVENTS


11 May 2015

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Epic research daily commodity report 11th may 2015

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Transcript of Epic research daily commodity report 11th may 2015