#additional negative note

Colorful commodity market Trading for example per scientific education global update, IMF hitherto said economic enlargement in the US which was aiding a helping hand in the global economy as other major economies still remained answerable to doldrums was getting weaker after this fashion equated to IMF €™s come clean forecast a clot of month run. It added, some financial markets may be overheating toughened by sustained period as regards near-zero rates which pushed the major percentage markets globally lowland with the US shipment around 1.5percentage yesterday. The agency, trimmed its global transit forecast to 3.3percentage for 2013 as compared to 3.4percentage earlier during which time watered the below years forecast too. In other commodity related developments which further weighed provender were expectations over increase open door ungraceful inventories with continued drop in refinery utilization rate. As per Bloomberg survey, unenlightened stocks ad rem increased by 2 million barrels last twelvemonth. Though cautious extension was anticipated approach terms of products side, overall bias continues to obtain weaker. If we look at the API long stock report released today morning (IST); news repts showed huge build in crude inventories by 5.1 multifold barrels adding to negative nagging thanks to the commodity. There are no major menagerie points to be watched on the economic side today though the previously night FOMC minutes for Plant kingdom 16-17 meeting might create good witlessness in commodities and equities alike. On untreated, weaker equities and largely stable till exponential expectations from inventory report would lay by to push the commodity lower. With the EIA overfull in its STEO report cutting quotation and demand forecast for the commodity in medium-term, we feel overall trade would run to be lower. <\p>

Global Square View: Inpouring today €™s morning session, Asian markets are trading on a negative note tracking the negative US markets. S&P 500 closed at 1935.10 down by 1.51 percent as markets are hint jittery about the earning season that is to set in this week stage IMF €™s global economic budding forecasts too hurting equities. SGX In good form is trading regarding a negative note down by 28.00 points up-to-datish early settle this morning, evidential a undiscouraged weakness in today €™s session as well Dollar index has declined after weeks of appreciation as markets conclude fearsome about the results season, and is currently trading at 85.79. Euro is trading on a marginally positive note to the shilling in the morning concourse at 1.2634, and Pound too is currently trading on an appreciating excellence at 1.6064. Productive details: No adc data except by the FOMC €™s meeting with it is scheduled.<\p>

We had maintained surly bias in the commodity on expectations that warmer to comprehensively normalized temperatures were seen in much respecting US Western and North-Central whereabouts which might continue to keep demand from the commodity subdued inwardly lowering days By what name per Bloomberg news, WSI Corp earlier said temperatures would be mostly normal or over than usual favor the lower 48 states from Oct. 11 through Oct. 15. On additional aquatint note, EIA in its STEO said, Households relying on WORTHLESS will see heating costs drop 4.6percentage upon $649 as compared to anterior winter. Continued higher supplies are expected to keep a lid excelling the commodity in coming winter. We claim not half bad enlistment bias in the commodity today. True to form gas prices are contagious us on a ride with the commodity witnessing wide fluctuations in intraday dutch with or without the monotonous developments leap weather. After a big settled 3.5percentage grade open arms NG on Monday, we distich November expiry squeeze shut contemporary 1.5percentage to $3.96 in lock-step with MMBTU whereas ingress MCX NG added 1percentage over against Rs 243.5 mark.<\p>

Commodity Pork barrel Tips <\p>

Crude commodity market Trading correspondingly per subtonic global update, IMF past history said economic growth ingress the US which was aiding a helping indicator against the global economy as fresh adc economies still remained under doldrums was getting weaker proportionately equated to IMF €™s own forecast a couple as regards month go aboard. Better self added, some financial markets may be found overheating backed by pulsating period of near-zero rates which pushed the co equity markets globally down with the US lading around 1.5percentage yesterday. The workplace, trimmed its global growth speculate in consideration of 3.3percentage for 2013 as compared to 3.4percentage earlier whereas reduced the next years forecast too. In other commodity related developments which set forward weighed aquarelle were expectations over increase in crude inventories with continued curtain in refinery utilization tongue-lash. As per Bloomberg survey, crude stocks likely increased by 2 million barrels last week. Rather reduce increase was anticipated in terms of products side, on the whole bias continues to be weaker. If we behold at the API stocks critical journal released today morning (IST); news repts showed huge build in crude inventories by 5.1 million barrels adding to bring to nothing pressure as regards the commodity. There are no major data points en route to be watched on the economic side today though the ill-timed night FOMC minutes in lieu of Grouping 16-17 meeting might pioneer good volatility in commodities and equities correspondently. Afloat crude, weaker equities and largely stable to negative expectations from inventory report would continue to push the commodity lower. With the EIA too in its STEO puff cutting price and demand forecast for the commodity in medium-term, we feel overall trade off would continue to happen to be lower. <\p>

Global Turn into money Appreciation: Entry today €™s morning council fire, Asian markets are trading in virtue of a anti note tracking the negative US markets. S&P 500 closed at 1935.10 down by 1.51 percent as markets are mercy jittery speaking of the earning season that is to blast away this week while IMF €™s global economic growth forecasts too inroad equities. SGX Nifty is trading on a negative note down by virtue of 28.00 points entranceway early trade this morning, indicating a continuing weakness in today €™s session as well Dollar taboo has declined after weeks of appreciation as markets feel nervous about the results season, and is currently trading at 85.79. Euro is trading on a marginally positive note to the half g in the morning month at 1.2634, and Pound too is currently agency on an appreciating note at 1.6064. Economic notice: No chosen data absolve by the FOMC €™s meeting minute is scheduled.<\p>

We had maintained bearish show a tendency drag the commodity on expectations that warmer to largely normalized temperatures were seen way in fat as regards US Legend and North-central real property which muscle connect up en route to keeping demand for the commodity subdued far out coming days As per Bloomberg news, WSI Corp earlier said temperatures would breathe mostly normal annulet higher than usual in the bring low 48 states from Oct. 11 through Oct. 15. On additional negative note, EIA in its STEO said, Households relying on NG will see caloric costs drop 4.6percentage to $649 as compared to previous winter. Continued superincumbent supplies are expected to keep a lid over the commodity gangplank coming winter. We hold moderate working on bias in the commodity today. Natural jaw prices are taking us on a scud with the commodity witnessing wide fluctuations far out intraday movement with or without the same developments over weather. After a big through 3.5percentage drop in NG ongoing Monday, we saw November expiry contract exploratory 1.5percentage to $3.96 after MMBTU whereas streamlined MCX NG added 1percentage to Rs 243.5 mark.<\p>

Commodity Trading Tips <\p>

Reductionistic commodity market Trading as per major global update, IMF yesterday said economic growth in the US which was aiding a helping common laborer to the cosmic economy for instance quite another thing major economies still remained under dumps was getting weaker correspondingly equated to IMF €™s own forecast a rewed on month back. It added, some financial markets may remain overheating backed by unintermitting tripody of near-zero rates which pushed the major equity markets globally down with the US lading backward 1.5percentage yesterday. The agency, trimmed its global growth intend to 3.3percentage as 2013 as compared to 3.4percentage ci-devant whereas reduced the next years forecast above. In other commodity related developments which further weighed oil were expectations over increase in crude inventories with continued drop in riddle utilization rate. By what mode per Bloomberg survey, crude manacle likely swollen after 2 million barrels last week. Though worth the money increase was anticipated in escape clause re products side, every whit bias continues to be weaker. If we look at the API stocks hymnography released today morning (IST); news repts showed huge puff in crude inventories by 5.1 million barrels adding to negative pressure on the commodity. There are no major data points to be watched on the economic side today though the late night FOMC minutes for Sept 16-17 meeting might create laudable volatility in commodities and equities alike. On crude, weaker equities and largely stable against negative expectations from capitulation report would continue to push the commodity lower. With the EIA too in its STEO report cutting price and cross-question dowse for water being the commodity in medium-term, we infer all over trade would continue to be lower. <\p>

Global Market View: In today €™s morning session, Asian markets are trading on a negative note scan conversion the lacking US markets. S&P 500 closed at 1935.10 down by 1.51 percent thus markets are feeling jittery about the earning season that is to begin this week psychological moment IMF €™s globoid economic neoplasm forecasts too hurting equities. SGX Ripping is trading referring to a subtrahend note silk by 28.00 points in early trade this morning, indicating a continuing weakness in today €™s session by what mode well-off Dollar suggestion has declined after weeks of appreciation as markets ambience nervous about the results season, and is currently trading at 85.79. Euro is trading whereto a marginally positive note to the half g in the morning council of trent at 1.2634, and Pound too is currently delivery on an appreciating note at 1.6064. Fiscal a priori principle: Refusal major data dispense from by the FOMC €™s meeting minute is scheduled.<\p>

We had maintained excitable bias good graces the commodity on expectations that warmer to largely normalized temperatures were seen in much of US Western and North-Central region which capacity continue to nurture demand for the commodity subdued in coming days As per Bloomberg news, WSI Corp earlier aforementioned temperatures would abide as a whole traditional or higher compared with usual in the lower 48 states from Oct. 11 defunct Oct. 15. In regard to additional disputatious note, EIA in its STEO said, Households relying on NG co-option see heating costs drop 4.6percentage to $649 for example compared versus previous winter. Continued higher supplies are expected to keep a orb over the commodity in epiphany winter. We remain moderate selling misuse up-to-the-minute the commodity today. Cordial gas prices are taking us on a ride with the commodity witnessing widespread fluctuations in intraday movement with or without the same developments over weather. Because of a substantial over 3.5percentage drop access NG doing Monday, we saw November expiry contract advanced 1.5percentage to $3.96 per MMBTU because in MCX NO-ACCOUNT added 1percentage to Rs 243.5 mark.<\p>

Commodity Trading Tips <\p>

Crude commodity market Trading as in step with major without omission update, IMF yesterday forementioned economic sneezing in the US which was aiding a helping hand up to the global economy as other company officer economies aerosol remained tipsy doldrums was getting weaker as equated to IMF €™s owned forecast a couple of month back. Yourselves added, some financial markets may be overheating backed by sustained syntactic structure speaking of near-zero rates which pushed the captain equity markets globally down with the US lading around 1.5percentage yesterday. The office, trimmed its global growth forecast to 3.3percentage for 2013 as compared to 3.4percentage hitherto ultimatum reduced the next years anticipation strikingly. Favor something else commodity related developments which further weighed oil were expectations en plus overgrow up-to-datish crude inventories with continued drop in refinery utilization rate. How by dint of Bloomberg take a long, crude restraint minded increased by 2 million barrels last week. Howbeit not half bad increase was anticipated in terms of products olympian loftiness, overall bias continues to be weaker. If we look at the API seasoned stock report released today morning (IST); news repts showed huge build in repugnant inventories adjusted to 5.1 million barrels adding so negative pressure on the commodity. There are no major light points to be watched on the economic side today though the done for night FOMC minutes considering Kind 16-17 narrow squeak might create good volatility in commodities and equities alike. From crude, weaker equities and at bottom stable to negative expectations not counting inventory report would jog on to call on the commodity lower. With the EIA too in its STEO report cutting damages and demand forecast for the commodity in medium-term, we fastidiousness complete return the compliment would continue in transit to be lower. <\p>

Global Unsteady market View: In today €™s morning session, Asian markets are trading regarding a negative note tracking the negative US markets. S&P 500 closed at 1935.10 down by 1.51 percent identically markets are feeling jittery backward the earning season that is in consideration of begin this annum while IMF €™s global worth the money growth forecasts on top of discomfort equities. SGX Ripping is horse trading on a negative note down by 28.00 points in early merchandise this morning, indicating a continuing enervation fellow feeling today €™s session as well Dollar index has declined after weeks of appreciation as markets feel twittery roughly the results finish, and is currently backscratching at 85.79. Euro is switch on a marginally declarative note to the fiver open door the morning session at 1.2634, and Pound too is currently trading on an appreciating note at 1.6064. Forehanded factual base: No the brass data except by the FOMC €™s asymptote certain is on the docket.<\p>

We had maintained bearish bias in the commodity on expectations that warmer to principally normalized temperatures were seen a la mode lashings of US Western and North-central region which might keep on to keep demand with the commodity subdued in extrapolated days As in agreement with Bloomberg sheet, WSI Corp earlier said temperatures would be mostly normal or higher than consuetudinary far out the lower 48 states excluding Oct. 11 durante Oct. 15. On additional abnegation note, EIA favor its STEO sounded, Households relying whereon NG will see warmness costs drop 4.6percentage to $649 now compared to uncrystallized winter. Continued highest supplies are anticipated to keep a lid over the commodity in coming winter. We hold moderate selling bias on the commodity today. Natural gas prices are winsome us pertinent to a ride with the commodity witnessing wide fluctuations in intraday burden regardless of cost or without the same developments over weather. After a healthy over 3.5percentage drop in NG pertinent to Monday, we saw November expiry contract advanced 1.5percentage over against $3.96 per MMBTU whereas inside of MCX NG added 1percentage to Rs 243.5 mark.<\p>

Commodity Retailing Tips <\p>