Press Releases from Epic Research (193 total)
Daily Comex Report of 2 April 2018 by Epic Research
International Commodity News
U.S. crude production rose by 6,000 barrels per day (bpd) in January to 9.964 million barrels per day, the Energy Information Administration said in a monthly report on Friday. The agency revised the December report up by 9,000 barrels to 9.958 million bpd. The gains were driven by a rise in offshore production, which rose 5 percent to 1.62 million bpd from 1.55 million bpd. Production decreased modestly…
Daily Comex Report of 28 March 2018 by Epic Research
International Commodity News
Gold fell on Tuesday as the dollar was bolstered by news that China and the U.S. were negotiating a trade deal. Comex gold futures for April delivery slumped 1.02% to a five-week high of $1,341.20 a troy ounce as of 10:28 AM ET (14:28 GMT). The U.S and China are negotiating trade agreements to give the U.S. access to Chinese markets, according to various media reports. China has…
Daily Comex Report of 26 March 2018 by Epic Research
International Commodity News
WTI crude oil prices settled at eight-week highs as the prospect of an extension to OPEC-led production cuts into 2019 overshadowed data showing the number of U.S. oil rigs rose to a three-year year. On the New York Mercantile Exchange crude futures for May delivery rose 2.46% to settle at $65.88 a barrel, while on London's Intercontinental Exchange, Brent rose 2.22% to trade at $70.44 a barrel. The…
Daily Comex Report of 23 March 2018 by Epic Research
International Commodity News
Gold prices were trading near their highest levels in two weeks in midday trade on Thursday, after a less hawkish than expected Federal Reserve and amid growing concerns over trade tariffs. Gold futures for April delivery on the Comex division of the New York Mercantile Exchange were up $6.50, or 0.49% to $1,328.00 a troy ounce by 11:52 AM ET (13:52GMT). That was its highest level since March…
Daily Comex Report of 22 March 2018 by Epic Research
International Commodity News
Natural gas futures inched lower on Wednesday, as investors looked ahead to weekly data from the U.S. on supplies in storage to gauge demand for the fuel. Front-month U.S. natural gas futures dipped 1.5 cents, or around 0.6%, to $2.663 per million British thermal units (btu) by 10:50AM ET (1450GMT). The commodity tacked on 0.9% on Tuesday, boosted by forecasts for a bump in late-winter heating demand. However,…
Daily Comex Report of 21 March 2018 by Epic Research
International Commodity News
Gold prices pushed lower on Tuesday, as demand for the U.S. dollar strengthened ahead of the Federal Reserve's policy meeting this week. Comex gold futures were down 0.53% at $1,310.8 a troy ounce by 08:20 a.m. ET (12:20 GMT), just off the previous session's two-week trough of $1,307.4. The Fed is widely expected to raise rates by a quarter point at the conclusion of its two-day policy meeting…
Daily Comex Report of 20 March 2018 by Epic Research
International Commodity News
Gold prices were little changed on Monday, hovering close to two-week lows as traders began to focus on this week's Federal Reserve monetary policy meeting. Comex gold futures were steady at $1,311.9 a troy ounce by 09:00 a.m. ET (13:00 GMT), just off a two-week trough of $1,307.4 hit overnight. Later in the week, the Fed is widely expected to raise rates by a quarter point at the…
Daily Comex Report of 19 March 2018 by Epic Research
International Commodity News
Gold drifted lower as the dollar strengthen amid expectations that the Federal Reserve will hikes rates next week for the first time this year. Gold futures for April delivery on the Comex division of the New York Mercantile Exchange fell by $5.60, or 0.43%, to $1,312.20 a troy ounce. Gold prices were set for a fourth-straight weekly slump as investors remained wary of buying the dips in the…
Daily Comex Report of 16 March 2018 by Epic Research
International Commodity News
Gold prices turned lower on Thursday, as the release of mostly positive U.S. data pushed the greenback higher, although concerns over protectionist U.S. policies and fresh turmoil in Washington continued to linger. Comex gold futures were down 0.47% at $1,319.6 a troy ounce by 08:45 a.m. ET (12:45 GMT). The U.S. Labor Department reported on Thursday that initial jobless claims decreased by 4,000 last week to 226,000, compared…
Daily Comex Report of 15 March 2018 by Epic Research
International Commodity News
Gold prices held steady near one-week highs on Wednesday, after the release of mixed U.S. economic reports and as investors remained cautious after thesudden firing of U.S. Secretary of State Rex Tillerson. Comex gold futures were little changed at $1,323.3 a troy ounce by 08:45 a.m. ET (12:45 GMT). The U.S. Commerce Department reported on Wednesday that retail sales fell 0.1% in February, compared to expectations for a…
Daily Comex Report of 13 March 2018 by Epic Research
International Commodity News
Gold prices turned lower on Monday, as market sentiment remained supported by expectations for a less aggressive rate hike policy by the Federal Reserve. Comex gold futures were down 0.52% at $1,317.1 a troy ounce by 08:05 a.m. ET (12:05 GMT). The dollar initially strengthened after the Labor Department reported on Friday that the U.S. economy added 313,000 jobs last month, beating economists’ forecasts of 200,000. It was…
Daily Comex Report of 9 March 2018 by Epic Research
International Commodity News
Gold prices slipped lower on Thursday, as the dollar showed little reaction to downbeat U.S. data amid sustained uncertainty over U.S. President Donald Trump's proposed tariffs. Comex gold futures were down 0.14% at $1,325.70 a troy ounce by 08:40 a.m. ET (12:40 GMT), after rising to 1,329.8 earlier in the day. The U.S. Department of Labor reported on Thursday that initial jobless claims increased by 21,000 in the…
Daily Comex Report of 8 March 2018 by Epic Research
International Commodity News
Natural gas futures extended gains into a third session on Wednesday to reach a fresh four-week high, boosted by forecasts for a bump in late-winter heating demand. Front-month U.S. natural gas futures tacked on 3.5 cents, or around 1.3%, to $2.784 per million British thermal units (btu) by 9:10AM ET (1410GMT). It rose to its best level since Feb. 5 at $2.788 earlier in the session. The commodity…
Daily Comex Report of 6 March 2018 by Epic Research
International Commodity News
Gold prices held steady near recent highs on Monday, as fears of a potential trade war and political uncertainty in Europe continued to support demand for safe-haven assets. Comex gold futures were little changed at $1,324.1 a troy ounce by 08:25 a.m. ET (12:25 GMT), the highest since February 27. Risk sentiment weakened after U.S. President Donald Trump announced plans on Thursday to impose tariffs of 25% on…
Daily Comex Report of 28 February 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices moved lower on Tuesday, as comments by Federal Reserve Chairman Jerome Powell pushed the U.S. dollar higher despite the release of downbeat data on U.S. durable goods orders. Comex gold futures were down 0.13% at $1,331.9 a troy ounce by 08:35 a.m. ET (12:35 GMT). The greenback was boosted after Fed Chair Jerome Powell reiterated on Tuesday that the U.S. central bank would likely move forward…
Daily Comex Report of 26 February 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices remained at one-and-a-half week lows on Thursday, as the release of upbeat U.S. jobless claims data was expected to add further strength to the dollar after the minutes of the Federal Reserve's latest policy minutes pointed to the need for further interest rate hikes. Comex gold futures were down 0.47% at $1,325.8 a troy ounce by 08:35 a.m. ET (12:35 GMT), the lowest since February 14.…
Epic Research Daily Agri Commodity Report Of 22 FEBRUARY 2018
Commodity News
Tamil Nadu Agricultural University has advised farmers to take up sowing of Sesame in large scale. Researchers at the Centre for Agricultural and Rural Development Studies (CARDS), and Tamil Nadu Agricultural University after analysing the price movement said that succeeding season would be favorable for sowing Sesame. During the last season, the area under Sesame was less compared to the normal area owing to delayed/extended monsoon but the…
Daily Comex Report of 21 February 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices remained under pressure on Tuesday, as U.S. dollar strength and lower demand for safe-haven assets continued to weigh on the precious metal. Comex gold futures were down 1.08% at $1,341.6 a troy ounce by 08:00 a.m. ET (12:00 GMT), the lowest since February 14. The greenback remained supported against other major currencies despite U.S. deficit worries. The U.S. deficit is projected projected to climb near $1…
Daily Comex Commodity Report of 19 February 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices fell Friday but were set to clinch their biggest weekly win in nearly two years despite a rebound in the greenback from three-year lows. Gold futures for April delivery on the Comex division of the New York Mercantile Exchange fell by $5.70, or 0.42%, to $1,349.70 a troy ounce. In the wake of a rebound in the dollar, gold prices fell but remained well supported as…
Epic Research Daily Agri Commodity Report Of 15 FEBRUARY 2018
Commodity News
Area sown to Wheat has declined 4.27% to 30.42 million hectare in the
current rabi season of 2017-18, which may lead to fall in production from
last year's record 98.38 million tonne. Farmers had sown Wheat in 31.78
million hectare in the 2016-17 crop year (July-June). According to official
data, Wheat acreage has fallen because of less area coverage in Madhya
Pradesh, Uttar Pradesh, Rajasthan, Haryana, West Bengal, Maharashtra…
Daily Comex Commodity Report of 14 February 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices rose on Tuesday, as caution ahead of this week's U.S. inflation data weighed on demand for the dollar. Comex gold futures were up 0.31% at $1,330.5 a troy ounce by 08:00 a.m. ET (12:00 GMT), the highest since February 7. Market participants were eyeing this week's U.S. consumer price inflation data due on Wednesday and producer price inflation data on Thursday for further clues on how…
Daily Comex Commodity Report of 12 February 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices were little changed on Friday, as the U.S. dollar declined following news of another U.S. government shutdown although a budget bill was expected to be passed before the weekend, while U.S. bond yields turned back higher. Comex gold futures were steady at $1,318.5 a troy ounce by 02:00 a.m. ET (06:00 GMT), off Thursday's one-month low of $1,309.22. The dollar weakened after a midnight deadline to…
Epic Research Daily Agri Commodity Report Of 08 FEBRUARY 2018
Commodity News
India exported 116,150 tonnes of Oilmeal during January 2018, down
52% as compared to 239,613 tons in January last year, according to latest
data from the Solvent Extractors' Association of India (SEA). The overall
export of oilmeals during April 2017 to January 2018 provisionally
reported at 2,362,049 tons compared to 1,409,527 tons during the same
period of last year, up by 68%. On 17th November 2017, Government
raised the…
Daily Comex Commodity Report of 06 February 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices fell sharply amid dollar strength following a jobs report showing the US economy created more jobs than expected in January, while signs of wage growth lifted investor expectations for a faster pace of rate hikes. Gold futures for February delivery on the Comex division of the New York Mercantile Exchange rose by $9.80, or 0.73%, to $1,337.80 a troy ounce. The Labor Department said Friday, U.S.…
Daily Comex Commodity Report of 05 February 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices moved higher on Friday, as sentiment on the U.S. dollar remained vulnerable ahead of a key U.S. employment report due to be released later in the day. Comex gold futures were up 0.28% at $1,351.60 a troy ounce by 03:00 a.m. ET (07:00 GMT). Market participants were looking ahead to the U.S. nonfarm payrolls report due later Friday, for further indications on the strength of the…
Daily Comex Commodity Report of 02 February 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Several key commodities traders are leaving Goldman Sachs Group Inc (NYSE:GS), sources said on Wednesday, the latest wrinkle as the Wall Street firm seeks to turn around its struggling commodities unit. Those leaving include Don Casturo, operating chief of global commodities; Saad Usmani, a London-based managing director who traded crude oil and natural gas; Rahul Dhir, who traded refined oil products; and Will Evans, a global franchise manager,…
Daily Comex Commodity Report of 01 February 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices edged higher on Wednesday, as investors looked ahead to the outcome of the Federal Reserve's policy meeting, the last under the leadership of Janet Yellen before she hands the chairmanship over to Jerome Powell. Comex gold futures were up around $7.00, or 0.5%, to $1,342.30 a troy ounce by 3:00AM ET (0800GMT). It fell to a oneweek low of $1,332.80 in the last session. Meanwhile, silver…
Daily Comex Commodity Report of 31 January 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices eased off a one-week low on Tuesday, as sentiment on the U.S. dollar became more vulnerable ahead of the State of the Union speech due later in the day and the Federal Reserve's monthly policy decision on Wednesday. Comex gold futures were up 0.22% at $1,343.30 a troy ounce by 08:25 a.m. ET (12:25 GMT), off one-week lows of $1,332.80 hit earlier in the session. Investors…
Daily Comex Commodity Report of 30 January 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Natural gas futures fell sharply on Monday, giving back some of last week's strong gains, as updated weather forecasting models called for milder weather, which should dampen demand for the heating fuel. Front-month U.S. natural gas futures slumped 9.2 cents, or around 2.9%, to $3.083 per million British thermal units (btu) by 8:00AM ET (1300GMT). The commodity soared about 10% last week, as traders reacted to a blast…
Daily Comex Commodity Report of 29 January 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices eased from 17-month highs after the dollar moved off session lows as Treasury Secretary Steven Mnuchin attempted to resolve uncertainty surrounding his comments earlier this week on dollar. Gold futures for February delivery on the Comex division of the New York Mercantile Exchange fell by $13.30, or 0.98%, to $1,349.60 a troy ounce. “Well, I think you know, people have misinterpreted some of my comments about…
Daily Comex Commodity Report of 25 January 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices was hovering at four-month highs on Wednesday, as the U.S. dollar broadly weakened amid mounting concerns regarding the global ramifications of U.S. President Donald Trump's protectionist agenda. Comex gold futures were up 1.14% at $1,352.10 a troy ounce by 08:30 a.m. ET (12:30 GMT), the highest since since September. The greenback came under broad selling pressure after White House officials on Tuesday said that President Trump…
Daily Comex Commodity Report of 23nd January 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices pared losses and held steady on Monday, as traders continued to evaluate the consequences of the U.S. government shutdown on Friday. Comex gold futures were little changed at $1,332.90 a troy ounce by 08:35 a.m. ET (12:35 GMT). The U.S. government shutdown entered a third day after the Senate failed to reach a dealSunday night to fund government operations. But the Senate plans to vote at…
Daily Comex Commodity Report of 22nd January 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices gained in Asia on Friday as a weaker dollar brought physical demand into the market. Gold futures for February delivery on the Comex division of the New York Mercantile Exchange rose 0.29% to $1,331.10 a troy ounce. The US dollar index fell 0.04% to 90.27 as the US House of Representatives passed a stopgap funding bill for the government, but the Senate may be harder to…
Epic Research Daily Agri Commodity Report Of 19 JANUARY 2017
Commodity News
The effect of downward trend in Sugar price has declined the price of
Gur ( Jaggery) in some parts of the country, Maharashtra Gur
manufacturers have been hit hard due to high cane prices and have
approached the state government seeking intervention. Request have been
submitted to revenue minister to consider some kind of support as farmers
cannot afford manufacturing Gur at the prevailing market rates. Kolhapur
Gur manufacturers…
Daily Comex Commodity Report of 17th January 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices were little changed near four-month highs on Tuesday, as sentiment on the greenback remained vulnerable after the release of dowbeat manufacturing activity data from the New York region. Comex gold futures were steady at $1,334.80 a troy ounce by 08:40 a.m. ET (12:40GMT), just off Monday's four-month peak of $1,344.90. The precious metal briefly retreated earlier Tuesday, as the U.S. dollar staged a modest rebound, but…
Daily Comex Commodity Report of 16th January 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices remained supported at four-month highs on Monday, as demand for the U.S. dollar continued to broadly weaken. There will be no floor trading on the Comex on Monday because of the Martin Luther King Day holiday in the U.S. All electronic transactions will be booked with Tuesday's trades for settlement. Comex gold futures were up 0.59% at $1,342.90 a troy ounce by 08:20 a.m. ET (12:20GMT),…
Daily Comex Commodity Report of 15th January 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices rose to four month highs shrugging off renewed signs of US inflationary pressure as dollar fell to lows amid euro and sterling pressure. Gold futures for February delivery on the Comex division of the New York Mercantile Exchange rose by $11.20, or 0.85%, to $1,333.70 a troy ounce. The euro and sterling rallied against the dollar, supporting dollardenominated gold, as traders cheered easing political uncertainty in…
Daily Comex Commodity Report of 11th January 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices were hovering near four-month highs on Wednesday, as sentiment on the U.S. dollar weakened ahead of retail sales and inflation reports due at the end of the week. Comex gold futures were up 0.69% at $1,322.80 a troy ounce by 08:30 a.m. ET (12:30 GMT), just off a four-month peak of 1,328.60 hit earlier in the day. The U.S. dollar received no support after official data…
Daily Comex Commodity Report of 9th January 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices remained lower on Monday, as expectations for upcoming U.S. rate hikes lent support to the dollar despite last Friday's disappointing U.S. employment data. Comex gold futures were down 0.12% at $1,320.60 a troy ounce by 08:25 a.m. ET (12:25 GMT), still within close distance of last week's four-month peak of $1,327.30. The greenback found support after San Francisco Fed President John Williams said on Saturday that…
Daily Comex Commodity Report of 8th January 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Crude oil prices retreated on Friday, as investors grew more cautious ahead of the weekend, but the commodity was still close to multi-year highs following positive U.S. inventory data released on Thursday and thanks to ongoing supply cut efforts by global oil producers. The U.S. West Texas Intermediate crude February contract was down 43 cents or about 0.65% at $61.58 a barrel by 04:00 a.m. ET (08:00 GMT),…
Daily Comex Commodity Report of 5th January 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices were lower on Thursday, but losses were expected to be limited as sentiment on the U.S. dollar remained vulnerable after the release of mixed U.S. economic reports. Comex gold futures were down 0.16% at $1,316.50 a troy ounce by 09:00 a.m. ET (13:00 GMT), off the previous session's three-and-a-half month peak of $1,323.00. Payrolls processor ADP reported on Thursday that U.S. private employers added 250,000 jobs…
Daily Comex Commodity Report of 2nd January 2018 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold extended its rally to a three-month high on Friday, leaping toward its biggest one-year rise in seven years as a wilting U.S. dollar, political tensions and receding concerns over the impact of U.S. interest rate hikes fed into its rally. Gold's gains coincide with the greenback, in which gold is priced, sliding toward its worst year since 2003, damaged by tensions over North Korea, the Russian scandal…
Daily Comex Commodity Report of 28th December 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices rose modestly on Tuesday as buyers returned amid continued dollar weakness continued. Gold futures for February delivery on the Comex division of the New York Mercantile Exchange rose by $9.10, or 0.71%, to $1,287.90 troy ounce. Gold futures rose above three-week highs as the dollar struggled to hold gains amid a lack of top-tier economic data and lighter trading volumes. The U.S. dollar index, which measures…
Epic Research Daily Agri Commodity Report Of 26 DECEMBER 2017
Commodity News
Indian pepper prices have moved up by Rs 75 per kg in the past two
weeks to Rs 450 per kg with the government imposing a minimum import
price on the commodity, traders said. However, processors and exporters of
pepper products alleged that the move would harm the trade and lead to
shifting of units to countries like Sri Lanka. India is the largest consumer of
pepper in the…
Daily Comex Commodity Report of 21st December 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices remained supported on Wednesday, as optimism over a major U.S. tax overhaul quickly waned and offered no support to the dollar. Trading volumes were expected to become more and more thin throughout the week, ahead of the Christmas holiday. Comex gold futures were up $2.70 or about 0.21% at $1,266.80 a troy ounce by 03:00 a.m. ET (07:00 GMT), just off the previous session's two-week high…
Epic Research Daily Agri Commodity Report Of 19 DECEMBER 2017
Commodity News
Cumin or jeera futures have been hitting new peaks despite higher
acreage in the main growing states and sluggish demand in export
markets, indicating speculative hoarding by big players. The contract for
delivery in December has jumped more than 15% on the National
Commodity and Derivatives Exchange (Ncdex) over the last couple of
weeks. It touched a high of Rs 221.45 per kg on Tuesday before slipping to
…
Daily Comex Commodity Report of 13th December 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices remained at five-month lows on Tuesday, as investors continued to focus on the Federal Reserve's upcoming policy decision this week Comex gold futures was down $3.00 or about 0.24% at a five-month low of $1,243.90 a troy ounce by 08:40 a.m. ET (12:40 GMT). The Fed is widely expected to raise interest rates at its two-day policy meeting that will end on Wednesday and is currently…
Daily Comex Commodity Report of 11th December 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices remained on track for a third-weekly slump as risk-on sentiment continued to support dollar strength, pressuring demand for the yellow metal. Gold futures for February delivery on the Comex division of the New York Mercantile Exchange fell by $4.00, or 0.34%, to $1249.00 a troy ounce. Gold extended losses from Thursday as a mostly upbeat nonfarm payrolls and reports of a breakthrough in Brexit talks reduced…
Epic Research Daily Agri Commodity Report Of 08 DECEMBER 2017
Commodity News
Soybean futures traded lower on NCDEX as speculators trimmed their
positions, despite good demand as Soybean Processors Association of
India (SOPA) increased its estimates for meal exports for 2017/18.
Moreover, earlier government has increased export incentives by 2% for
all meals. Meanwhile, soybean prices rose at international markets as
concerns over dryness in Argentina. The contract for December delivery
was trading at Rs 3068.00, down by 0.94% or Rs…
Epic Research Daily Agri Commodity Report Of 06 DECEMBER 2017
Commodity News
Coriander futures edged down on NCDEX, as market players trimmed
their position amid sluggish demand from retailers as well as exporters
against increased arrivals from producing regions. The contract for
December delivery was trading at Rs 5486.00, down by 0.18% or Rs 10.00
from its previous closing of Rs 5496.00. The open interest of the contract
stood at 15580 lots. The contract for January delivery was trading at…
