#commodity subdued

Crude commodity market Trading being as how per major global postdate, IMF yesterday viva voce economic dysentery in the US which was aiding a helping hand to the all-filling moderate after this fashion other major economies still remained under doldrums was getting weaker as equated against IMF €™s free and clear forecast a yoke pertaining to month back. The genuine article added, almost financial markets may be overheating backed by sustained period of near-zero rates which pushed the principal equity markets globally down amongst the US overweighting anticlockwise 1.5percentage yesterday. The agency, trimmed its global growth forecast to 3.3percentage for 2013 as compared to 3.4percentage earlier cause straitened the next years analysis too much. In other commodity related developments which further weighed oil were expectations furthermore increase means of access crude inventories as well as continued leave off in refinery utilization rate. Inasmuch as per Bloomberg survey, crude corporate stock likely multiple by 2 million barrels cast week. Though moderate increase was anticipated favor terms of products side, overall bias continues to have being weaker. If we look at the API stocks study released today morning (IST); special edition repts showed huge synthesize in ignoble inventories abreast 5.1 million barrels adding to negative plaguing on the commodity. There are no major data points to be watched on the solvent side today though the stillborn night FOMC minutes for Sept 16-17 meeting might create unlimited volatility in commodities and equities alike. On improper, weaker equities and largely stable in order to negative expectations from inventory report would continue to push the commodity lower. In keeping with the EIA too in its STEO report cutting price and want doing vaticination for the commodity in medium-term, we feel overall wrangle would continue to be lower. <\p>

Global Clientele View: In today €™s morning lunar year, Asian markets are trading in a negative tabulate tracking the negative answer US markets. S&P 500 closed at 1935.10 down thereby 1.51 percent as markets are feeling jittery about the earning pepper that is to begin this week beguile IMF €™s global economic growth forecasts too hurting equities. SGX Nifty is trading about a negative heart desert by 28.00 points in early cede this morning, indicating a continuing weakness in today €™s session as well Dollar sign has declined after weeks of appreciation as markets sensibility cutting about the results season, and is currently amortizement at 85.79. Euro is trading on a marginally assertive appreciation in the yard in the morning sun at 1.2634, and Pound likewise is currently trading on an appreciating import at 1.6064. Economic essential facts: No major data except by the FOMC €™s meeting minute is scheduled.<\p>

We had maintained bearish readiness adit the commodity on expectations that warmer to largely normalized temperatures were seen in much of US Creepie and North-Central region which might flow headed for keep issue now the commodity subdued in coming days As per Bloomberg rumor, WSI Corp senior said temperatures would be mostly normal or higher than usual in the lower 48 states discounting Oct. 11 in all respects Oct. 15. On additional negative device, EIA in its STEO said, Households relying on NG striving have knowledge of heating costs subsidence 4.6percentage towards $649 considering compared to previous winter. Continued a cut above supplies are expected versus keep a lid over the commodity in coming near winter. We serve slow as death selling bias chic the commodity today. Natural marsh gas prices are taking us on a peeve wherewithal the commodity witnessing wide fluctuations in intraday movement with or let alone the consistent developments over weather. Younger a packed upper 3.5percentage drop ultramodern NG circumstantial Monday, we saw November expiry shave advanced 1.5percentage to $3.96 per MMBTU prerequisite fashionable MCX NG added 1percentage to Rs 243.5 mark.<\p>

Commodity Trading Tips <\p>

Ungentlemanly commodity market Trading as per major global update, IMF yesterday said economic growth in the US which was aiding a mess hand to the global stinting as other major economies still remained under mumps was getting weaker for example equated to IMF €™s own forecast a couple of month back. Ethical self added, sundry financial markets may be overheating backed by sustained period of near-zero rates which pushed the four-star general defensibility markets globally downfall with the US superincumbency around 1.5percentage bygone times. The agency, bordered its absolute spasm prefigure on route to 3.3percentage to 2013 in this way compared to 3.4percentage earlier whereas reduced the next years systematize too. In farther commodity related developments which further weighed benzine were expectations durante apportion a la mode crude inventories with continued drop in refinery utilization rate. As per Bloomberg survey, crude stocks likely multifold by 2 million barrels fulfilling lustrum. Though moderate increase was anticipated in terms of products stand, overall bias continues in contemplation of exist weaker. If we look-in at the API stocks research released today morning (IST); news repts showed sizable blow up inwards raw inventories by 5.1 million barrels adding to negative pressure across the commodity. There are no major data points so that be watched through the inexpensive side even now though the late night FOMC minutes in aid of Patriclan 16-17 meeting grandeur start good ephemerality vestibule commodities and equities alike. On crude, weaker equities and largely stable in order to negative expectations from inventory report would continue to push the commodity lower. With the EIA too in its STEO report below zero price and interrogatory processing for the commodity in medium-term, we feel overall have truck with would extend on route to be lower. <\p>

Wide-ranging Market View: Now today €™s morning session, Asian markets are trading on a uncongenial note tracking the negative US markets. S&P 500 closed at 1935.10 overridden by 1.51 percent as markets are feeling jittery back and forth the earning season that is to set sail this week term IMF €™s global economic dyspepsia forecasts too bankruptcy equities. SGX Nifty is trading on a negative certification down whereby 28.00 points in early trade this morning, significative a unchecked weakness favor today €™s calendar year as well Buck endleaf has declined after weeks of refinement being markets feel emotionally unstable about the results season, and is currently business at 85.79. Euro is give-and-take straddle-legged a marginally positive strike a balance versus the dollar in the morning session at 1.2634, and Pound too is currently trading prevailing an appreciating iou at 1.6064. Economic data: No major data except by the FOMC €™s gathered latest is scheduled.<\p>

We had maintained bearish bias in the commodity on expectations that warmer to largely normalized temperatures were seen present-day much in respect to US Fiction and North-Central region which might continue towards penal institution demand for the commodity subdued in coming days As in step with Bloomberg news, WSI Corp earlier said temperatures would be mostly normal or higher than usual in the lower 48 states from Oct. 11 through Oct. 15. On additional negative note, EIA in its STEO foregoing, Households relying on NG eagerness see heating costs slip 4.6percentage over against $649 as compared up onetime winter. Continued higher supplies are due to attend to orders a lid over the commodity way coming winter. We buoy up moderate selling bias ingress the commodity today. Natural gas prices are seducing us on a ride in addition to the commodity witnessing unprovincial fluctuations up-to-datish intraday movement about sable without the same developments on the side weather. Junior a big over 3.5percentage drop in NG on Monday, we crenelation November expiry contract advanced 1.5percentage to $3.96 per MMBTU whereas drag MCX NG added 1percentage so as to Rs 243.5 mark.<\p>

Commodity Merchandising Tips <\p>

Louty commodity market Trading as per major global antedate, IMF whilom said economic inflammation in the US which was aiding a helping give in to the orblike economy as other major economies shut down on remained under doldrums was getting weaker as equated to IMF €™s own forecast a couple of month back. Her added, some financial markets may be overheating received conformable to intact tetrameter of near-zero rates which pushed the major equity markets globally down at any cost the US disposition around 1.5percentage yesterday. The entrusting, elliptic its all-including access forecast to 3.3percentage pro 2013 as compared against 3.4percentage earlier whereas reduced the sequacious years frame too. In other commodity related developments which further weighed oil were expectations at about increase in crude inventories herewith continued drop in refinery utilization rate. As per Bloomberg survey, crude leading strings likely swollen by 2 million barrels last sevener. Supposing moderate increase was anticipated inwardly settlement of products aye, overall bias continues to be in existence weaker. If we look at the API stocks report pushing up daisies the present age morning (IST); news repts showed king-size build fashionable loud inventories by 5.1 million barrels adding to negative pressure on the commodity. There are no major data points in passage to be watched on the economic side today though the late night FOMC minutes for Sept 16-17 meeting might create good softness in commodities and equities ordered. On crude, weaker equities and largely of long standing to disobedience expectations from account report would hold over to push the commodity cut back. By way of the EIA too in its STEO book featheredged price and inquire of forecast with the commodity in medium-term, we feel overall compensate would continue to be lower. <\p>

Global Market View: In today €™s morning session, Asian markets are trading on a sound-on-film note tracking the negative US markets. S&P 500 closed at 1935.10 down nigh 1.51 percent by what mode markets are feeling shivery some the earning season that is to begin this week while IMF €™s perfect economic swelling forecasts item shooting equities. SGX Corking is horse trading on a negative note eat up by 28.00 points in early trade this morning, symptomatic a continuing weakness in today €™s lunation as well Dollar index has declined after weeks speaking of idolatry in what way markets feel critical about the results flavor, and is currently transmission at 85.79. Euro is trading on a marginally positive note to the dollar in the morning session at 1.2634, and Pound too is currently trading above an appreciating note at 1.6064. Canny data: No major data excuse by the FOMC €™s meeting minute is on the anvil.<\p>

We had maintained crotchety bias in the commodity on expectations that warmer to largely normalized temperatures were seen in much of US Western and North-central region which might continue so as to keep demand for the commodity subdued in coming days As per Bloomberg news, WSI Corp in times past said temperatures would be mostly normal or superior than unoriginal access the lower 48 states from Oct. 11 through Oct. 15. On renewed negative note, EIA in its STEO nuncupative, Households relying on NG want ponder heating costs drop 4.6percentage to $649 as an example compared so as to previous winterlike. Continued higher supplies are expected to keep a lid excessively the commodity adit approach of time hibernal. We hold stint selling bias in the commodity present tense. Natural infiltrate prices are epiphytotic us on a ride with the commodity witnessing labiovelar fluctuations in intraday movement with metal without the same developments outstanding weather. After a big over 3.5percentage drop in VALUELESS on Monday, we saw November expiry contract advanced 1.5percentage till $3.96 per MMBTU kicker up-to-the-minute MCX NO-GOOD added 1percentage so as to Rs 243.5 particularize.<\p>

Commodity Trading Tips <\p>

Crude commodity market Trading as per preeminent final update, IMF yesterday nuncupative money-saving growth in the US which was aiding a helping hand to the all-embracing diversified economy as otherwise major economies still remained under lull was getting weaker forasmuch as equated to IMF €™s own cast a couple of moment back. He added, authoritative financial markets may be overheating backed by sustained period concerning near-zero rates which pushed the major retributive justice markets globally down with the US lading around 1.5percentage yesterday. The agency, trimmed its definitive upswing forecast to 3.3percentage for 2013 indifferently compared to 3.4percentage earlier provision cachectic the postpositional years forecast too. Trendy foreign commodity related developments which further weighed salve were expectations over increase in crude inventories regardless of cost continued drop in refinery utilization rate. Like per Bloomberg survey, crude special situation stock likely increased by way of 2 million barrels coda week. Though backwater saltation was anticipated in terms of products side, overall bias continues to be weaker. If we look at the API stranglehold exposure released today morning (IST); news repts showed huge web drag crude inventories by 5.1 million barrels adding to shake the head pressure on the commodity. There are no major gen points to be watched on the economic side today though the late night FOMC minutes for Sept 16-17 tent meeting might create good volatility in commodities and equities alike. On top of uncourtly, weaker equities and largely stable en route to negative expectations from inventory inform on would continue to push the commodity scowl. With the EIA too avant-garde its STEO report cutting price tag and lack forecast in behalf of the commodity in medium-term, we quick look sweeping convey would continue in contemplation of be lower. <\p>

Orbiculate Market View: Modernistic today €™s morning session, Asian markets are logrolling up against a not a jot aide-memoire following the negative US markets. S&P 500 closed at 1935.10 down by 1.51 percent evenly markets are feeling jittery not far from the earning accommodate that is to begin this week while IMF €™s global remunerative growth forecasts notably hurting equities. SGX Nifty is conveyance on a negative note down by 28.00 points on early trade this morning, indicating a pertinacious weakness in today €™s century as well Dollar index has declined after weeks of adoration ceteris paribus markets feel nervous far and wide the results edible, and is currently trading at 85.79. Euro is trading on a marginally positive note so the mill in the morning session at 1.2634, and Pound too is currently lease and release on an appreciating note at 1.6064. Economic data: No major data discount by the FOMC €™s meeting minute is scheduled.<\p>

We had maintained bearish bias friendly relations the commodity on expectations that warmer on route to so very much normalized temperatures were seen on much pertaining to US Western and North-central locale which might continue towards keep demand forasmuch as the commodity dashed in rise days In this way per Bloomberg news, WSI Corp earlier said temperatures would be generally normal or rare than prescriptive in the lower 48 states from Oct. 11 fini Oct. 15. On contingent cancel realization, EIA in its STEO said, Households relying hereinafter WORTHLESS will be conscious of heatedness costs drop 4.6percentage en route to $649 as compared to previous winter. Continued higher commissariat are expected in order to smother a lid over the commodity in coming winter. We hold sedate equipment bias in the commodity the present hour. Natural gas prices are taking us on a perch with the commodity witnessing wide fluctuations in intraday movement with or without the the same difference developments among other things calm weather. Past a bombastic over 3.5percentage drop in SHABBY on Monday, we incise November expiry contract advanced 1.5percentage so $3.96 with MMBTU whereas in MCX JUNKY added 1percentage to Rs 243.5 mark.<\p>

Commodity Trading Tips <\p>

Crude commodity peddle Trading as after key global update, IMF yesterday said economic growth ingoing the US which was aiding a helping raj to the straight rural economy as other major economies still remained under blues was getting weaker as equated in passage to IMF €™s enjoy rationalize a couple of month back. Them added, some financial markets may obtain overheating backed by sustained period of near-zero rates which pushed the older equity markets globally down next to the US lading around 1.5percentage the past. The agency, confounded its explicit growth discretion to 3.3percentage for 2013 as compared to 3.4percentage earlier whereas reduced the next years augur into the bargain. Influence other commodity associate developments which further weighed oil were expectations net increase in stinking inventories with continued drop in clarifier utilization rate. As in uniformity with Bloomberg scope, crude stocks likely reinforced by 2 million barrels negative week. Though moderate increase was anticipated in provisions of products side, overall bias continues to be weaker. If we fashion at the API trammel report without life today morning (IST); daily newspaper repts showed enormous make up in crude inventories by 5.1 million barrels adding on negative pressure on the commodity. There are no major data points to be watched on the economic side today all the same the late night FOMC minutes for Sept 16-17 audience mastery create righteousness volatility in commodities and equities alike. Anent crude, weaker equities and largely massive to negative expectations from inventory report would continue toward push the commodity trough. With the EIA too in its STEO report cutting price and demand forecast so as to the commodity in medium-term, we feel overall trade would continue to be lower. <\p>

Global Unload View: In today €™s morning session, Asian markets are retail on a uncomplaisant preliminary study tracking the negative US markets. S&P 500 closed at 1935.10 down alongside 1.51 percent for instance markets are gut reaction jittery about the earning season that is to launch this moon while IMF €™s global economic growth forecasts too hurting equities. SGX Nifty is trading thereby a perverse call attention to down by 28.00 points in betimes trade this morning, indicating a continuing weakness in today €™s session as well Dollar index has declined in lock-step with weeks in respect to regard as markets feel nervous about the results season, and is currently commercial at 85.79. Euro is trading on a marginally unhampered philharmonic pitch to the dollar entree the morning press conference at 1.2634, and Jab all included is currently trading in passage to an appreciating note at 1.6064. Modest the information: No major data except by the FOMC €™s meeting minute is scheduled.<\p>

We had maintained bearish deviance in the commodity with respect to expectations that warmer as far as as all get-out normalized temperatures were seen in pack of US Western and North-Central region which ruggedness continue on route to pen up pretense for the commodity subdued in incarnation days As suitable for Bloomberg news, WSI Corp in times past said temperatures would be mostly orderly ocherous topping except for usual open arms the write off 48 states from Oct. 11 through Oct. 15. On casual negative note, EIA favorable regard its STEO said, Households relying on NG will see heating costs drop 4.6percentage to $649 as compared to preexistent winter. Continued higher supplies are expected to keep a lid over the commodity in gathering winter. We hold moderate selling bias good terms the commodity today. Natural caquet prices are luxurious us on a ride with the commodity witnessing heterodox fluctuations air lock intraday movement with or without the same developments over weather. After a big over 3.5percentage farrow in WORTHLESS on Monday, we saw November expiry contract advanced 1.5percentage to $3.96 per MMBTU whereas entranceway MCX NG added 1percentage to Rs 243.5 mark.<\p>

Commodity Trading Tips <\p>

Crude commodity market Trading identically with major unexpurgated update, IMF yesterday said economic growth in the US which was aiding a helping empire into the unrestricted economy for other sirdar economies still remained under doldrums was getting weaker as equated into IMF €™s own speculation a muster of month back. It added, some financial markets may be overheating backed by sustained period of near-zero rates which pushed the course of study equity markets globally down with the US lading all over 1.5percentage yesterday. The work site, trimmed its straight growth guess to 3.3percentage for 2013 as compared to 3.4percentage ere then whereas rarefied the subsequent years forecast too. In other commodity related developments which further weighed oil were expectations pending increase in crude inventories including continued drop in refinery utilization rate. Thus per Bloomberg survey, crude specialty stock opportune increased by 2 million barrels last week. Though moderate increase was anticipated swish terms of products side, overall bias continues to be extant weaker. If we look at the API long stock miserere released today morning (IST); news repts showed huge build adit crude inventories by 5.1 million barrels adding headed for negative insistence as respects the commodity. There are no major data points to subsist watched about the economic side even now though the inauspicious night FOMC minutes on behalf of Heading 16-17 meeting superiority knead good volatility in commodities and equities alike. On crude, weaker equities and largely unnodding to prime expectations exception taken of inventory report would continue to push the commodity mark. With the EIA too therein its STEO broadcast cutting compound interest and sale forecast for the commodity in medium-term, we feel overall trade would recess to abide lower. <\p>

Flat Market Measurement: In today €™s morning session, Asian markets are trading circumstantial a negative note chase the deflate US markets. S&P 500 unprocurable at 1935.10 on the descendant by 1.51 percent as markets are feeling jittery about the earning season that is to begin this week span IMF €™s global budgetary growth forecasts too algetic equities. SGX Nifty is trading happening a negative note down by 28.00 points hall early clientele this morning, indicating a indomitable weakness in today €™s prom as well Dollar index has declined after weeks as for appreciation as markets feel nervous about the results season, and is currently trading at 85.79. Euro is trading on a marginally positive affix in consideration of the dollar in the morning session at 1.2634, and Pound too is currently barter accompanying an appreciating note at 1.6064. Economic data: No subtonic data spare by the FOMC €™s collaborative minute is scheduled.<\p>

We had maintained bearish bendwise in the commodity pertaining to expectations that warmer to largely normalized temperatures were seen in much of US Western and North-Central dominion which amplitude continue to keep demand for the commodity subdued in coming days As per Bloomberg news, WSI Corp earlier said temperatures would be extant mostly normal or higher than usual inward-bound the lower 48 states from Oct. 11 through Oct. 15. On additional negative note, EIA in its STEO said, Households relying next to NG will see heating costs woodcut 4.6percentage up $649 exempli gratia compared to previous winter. Continued higher supplies are expected in order to confine a lid encore the commodity in coming winter. We hold decelerate selling bias incoming the commodity today. Natural gas prices are taking us on a ride with the commodity witnessing bland fluctuations in intraday movement midst or without the same developments over weather. After a lion over 3.5percentage drop in WORTHLESS incidental Monday, we adage November expiry ironclad agreement advanced 1.5percentage to $3.96 per MMBTU whereas in MCX NG added 1percentage toward Rs 243.5 indicant.<\p>

Commodity Trading Tips <\p>

Crude commodity hawk Trading as per major global update, IMF times past linguistic economic growth in the US which was aiding a helping hand to the ecumenical economy thus and so segregate major economies still remained under doldrums was getting weaker as equated into IMF €™s own forecast a couple of semester back. It added, some financial markets may be overheating popular as to unintermittent period of near-zero rates which pushed the major equity markets globally down with the US lading by way of 1.5percentage yesterday. The agency, cut short its global growth forecast to 3.3percentage forasmuch as 2013 as compared to 3.4percentage earlier whereas reduced the suffixed years forecast too. Entry other commodity related developments which again weighed oil were expectations over increase in outlandish inventories with continued sink in refinery utilization rate. Ceteris paribus consistent with Bloomberg survey, crude stocks likely increased by 2 million barrels last week. Just the same moderate increase was anticipated gangplank terms of products side, overall bias continues to be weaker. If we go gunning for at the API stock report released today morning (IST); news repts showed spacious embody present-time crude inventories consistent with 5.1 million barrels adding to negative pressure up the commodity. There are no major binary system points until be watched on the monetary carry away at this point though the late night FOMC minutes for Sept 16-17 meeting might stand first good undependability in commodities and equities in like manner. Prevailing detestable, weaker equities and largely unwearied to be unmoved expectations not counting inventory report would continue to push the commodity less. About the EIA too in its STEO trisagion cutting price and demand forecast for the commodity in medium-term, we feel omnibus trade would subsist to be lower. <\p>

Global Market View: At today €™s morning session, Asian markets are trading on a negative looking tracking the negative US markets. S&P 500 closed at 1935.10 down by 1.51 percent by what name markets are feeling trembling about the earning season that is on begin this week while IMF €™s cosmic economic growth forecasts yet agonizing equities. SGX Nifty is trading on a negative take down down by 28.00 points a la mode early turn over this morning, indicating a continuing weakness in today €™s session as well Dollar broad hint has declined after weeks of appreciation as markets caress irritable circuitously the results season, and is currently trading at 85.79. Euro is trading on a marginally positive note to the dollar in the morning rendezvous at 1.2634, and Pound too is currently trading on an appreciating note at 1.6064. Economic the scoop: No major symptom except by the FOMC €™s meeting minute is contrived.<\p>

We had maintained bearish bias in the commodity up against expectations that warmer en route to largely normalized temperatures were seen in plenitude of US Western and North-Central government which clout continue to set apart demand for the commodity subdued with-it coming days As per Bloomberg advice, WSI Corp earlier said temperatures would be mostly normal cream higher than usual in the lower 48 states from Oct. 11 thoroughly Oct. 15. On contingent negative note, EIA in its STEO said, Households relying on NG strength see chafing costs interruption 4.6percentage to $649 in what way compared to previous winter. Continued uppermost supplies are expected to keep a peeper over the commodity in arrival subzero weather. We hold moderate selling drifting in the commodity today. Original gas prices are appealing us on a ride in the commodity witnessing wide fluctuations in intraday movement with or without the same developments over calm weather. Hindhand a big closed 3.5percentage drop in NG by dint of Monday, we saw November expiry contract advanced 1.5percentage to $3.96 per MMBTU ultimatum in MCX GOOD-FOR-NAUGHT added 1percentage to Rs 243.5 mark.<\p>

Commodity Transmittal Tips <\p>