Press Releases from Epic Research (193 total)
Epic Research Daily Agri Commodity Report Of 04 DECEMBER 2017
Commodity News
Turmeric futures edged lower on NCDEX as prices dropped on reports
about good supplies from the government auctions and as physical
demand for the commodity subdued in domestic market. The contract for
December delivery was trading Rs 7742.00, up by 0.49% or Rs 38.00 from
its previous closing of Rs 7780.00. The open interest of the contract stood
at 3575 lots. The contract for April delivery was trading at…
Epic Research Daily Agri Commodity Report Of 01 DECEMBER 2017
Commodity News
Jeera futures edged lower on NCDEX as speculators reduced their
positions to book profits at prevailing levels amid muted domestic and
exports demand. The contract for December delivery was trading at Rs
21660, down by 0.6% or Rs 130.00 from its previous closing of Rs
21790.00. The open interest of the contract stood at 13791 lots. The
contract for January delivery was trading at Rs 21245.00, down by 0.14%
or…
Daily Comex Commodity Report of 30th November 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices turned lower on Wednesday, as upbeat U.S. economic growth data pushed the dollar broadly higher, dampening demand for the precious metal. Comex gold futures was down $7.65 or about 0.58% at $1,287.53 a troy ounce by 09:00 a.m. ET (13:00 GMT). In a second estimate, official data showed that U.S. gross domestic product expanded by3.3% in the third quarter, compared to an initial reading of 3.0%.…
Daily Comex Commodity Report of 28th November 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices remained higher on Monday, as concerns over low levels of inflation in the U.S. and the potential consequences for the Federal Reserve's interest rate policy continued to weigh heavily on the greenback. Comex gold futures were up $7.05 or about 0.55% at $1,294.29 a troy ounce by 08:05 a.m. ET (12:05 GMT). Sentiment on the greenback remained vulnerable after last Wednesday’s minutes of the Federal Reserve’s…
Daily Comex Commodity Report of 27th November 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices fell on Friday as investors appeared to take profit on recent gains, while German geopolitical uncertainty eased supporting an uptick in US Treasury yields which weighed on sentiment. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange fell by $4.42, or 0.34%, to $1287.74 a troy ounce. Gold prices struggled to pare losses sustained earlier the week snapping a two-week…
Daily Comex Commodity Report of 23rd November 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices held onto gains on Wednesday, after the release of mixed U.S. economic reports and as traders were still eyeing the minutes of the Federal Reserve's latest policy meeting due later in the day. Comex gold futures were up $3.82 or about 0.30% at $1,285.53 a troy ounce by 08:35 a.m. ET (12:35 GMT). The U.S. Department of Labor reported on Wednesday that initial jobless claims fell…
Daily Comex Commodity Report of 21st November 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices were moderataly lower on Monday, but they remained within close distance of a one-month peak as uncertainty over the fate of a major U.S. tax reform plan continued to weigh on demand for the dollar Comex gold futures were down $3.43 or about 0.26% at $1,293.07 a troy ounce by 08:20 a.m. ET (12:20 GMT). The House of Representatives on Thursday passed a bill that would…
Daily Comex Commodity Report of 20th November 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices rose sharply on Friday amid an uptick in geopolitical uncertainty after North Korea ruled out negotiations with Washington on curbing its nuclear weapons programme. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange fell by $14.77, or 1.15%, to $1292.88 a troy ounce. “As long as there is continuous hostile policy against my country [North Korea] by the U.S. and…
Daily Comex Commodity Report of 17th November 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices moved higher on Thursday, after the release of disappointing U.S. jobless claims data and manufacturing activity data dented demand for the greenback and as investors remained cautious ahead of a highly-anticipated vote on a major U.S. tax reform plan. Comex gold futures were up $2.24 or about 0.17% at $1,279.83 a troy ounce by 08:40 a.m. ET (12:40 GMT). The U.S. Department of Labor reported on…
Daily Comex Commodity Report of 16th November 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold climbed to one-month highs on Wednesday, as the U.S. dollar remained under broad selling pressure despite the release of positive U.S. inflation and retail sales reports. Comex gold futures were up $5.47 or about 0.42% at $1,288.08 a troy ounce by 08:45 a.m. ET (12:45 GMT). The U.S. Commerce Department said consumer prices rose 0.1% in October, in line with forecasts. A separate report showed that U.S.…
Daily Comex Commodity Report of 15th November 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices were on the back foot on Tuesday, as market players turned their attention to a panel discussion including the heads of the European, U.S., British and Japanese central banks for further hints on future monetary policy moves. European Central Bank chief Mario Draghi, outgoing U.S. Federal Reserve Chair Janet Yellen, Bank of England head Mark Carney and Bank of Japan Governor Haruhiko Kuroda will form an…
Epic Research Daily Agri Commodity Report Of 14 NOVEMBER 2017
Commodity News
Turmeric futures edged higher on NCDEX as participants enlarged their
holdings, driven by rising domestic as well as export demand in the spot
market. Besides, limited arrivals from major producing regions also fuelled
the uptrend. The contract for November delivery was trading at Rs 7018.00,
up by 1.5% or Rs 104.00 from its previous closing of Rs 6914.00. The open
interest of the contract stood at 925 lots. The…
Daily Comex Commodity Report of 9th November 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices turned higher on Wednesday, as concerns over a potential U.S. tax overhaul weighed on the dollar, while geopolitical tensions with North Korea and in the Middle East prompted investors to flock to safer assets. Comex gold futures were up 0.26% at $1,279.06 a troy ounce by 04:05 a.m. ET (08:05 GMT). The greenback was hit by reports that a key corporate tax cut currently under discussion…
Epic Research Daily Agri Commodity Report Of 08 NOVEMBER 2017
Commodity News
Turmeric futures edged lower on NCDEX as speculators offloaded their bets, tracking a weak trend at the physical markets due to muted demand.Further, increased supplies from major growing regions also influenced turmeric futures.The contract for November delivery was trading at Rs7114.00, down by 1.98% or Rs 144.00 from its previous closing of Rs7258.00. The open interest of the contract stood at 2600 lots. The contract for December delivery…
Epic Research Daily Agri Commodity Report Of 07 NOVEMBER 2017
Commodity News
Jeera futures declined on NCDEX as speculators offloaded their
holdings, driven by subdued demand in the spot market. Besides, rising
arrivals from major producing belts also weighed on jeera futures. The
contract for November delivery was trading at Rs 18750.00, down by
0.45% or Rs 85.00 from its previous closing of Rs 18835.00. The open
interest of the contract stood at 3624 lots. The contract for December
delivery was…
Epic Research Limited media coverage of 1 NOVEMBER 2017
Views of Mustafa Nadeem ,CEO Epic Research Limited published on Moneycontrol
"We see short-term support being placed now at 10,300 on the Nifty and only a close below will change the course of direction. Upside resistance in Nifty is at 10,520-10,600," Mustafa Nadeem, CEO, Epic Research said.
Global markets edged higher today as investors focussed on earnings reports and ahead of FOMC meet outcome. Majority of analysts don't expect any rate hike.…
Epic Research Daily Agri Commodity Report Of 12 October 2017
Commodity News
Coriander futures edged higher on NCDEX as participants enlarged their
holdings, tracking rising demand in the spot market. Besides, limited
arrivals from major growing regions also added support to coriander prices’
uptrend. The contract for October delivery was trading at Rs 4435.00, up
by 0.8% or Rs 35.00 from its previous closing of Rs 4400.00. The open
interest of the contract stood at 6110 lots. The contract for November
…
Epic Research Daily Agri Commodity Report Of 09 October 2017
Commodity News
Turmeric futures showed mixed trend on NCDEX as the October contracts traded higher on rising demand at the spot market, while November contracts traded lower on anticipation of good production from turmeric growing areas in Telangana and Karnataka. The contract for
October delivery was trading at Rs 7434.00, up by 0.46% or Rs 34.00 from its previous closing of Rs 7400.00. The open interest of the contract stood at…
Daily Comex Commodity Report of 05 October 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices trimmed gains on Wednesday, after the release of strong U.S. employment data, but the precious metal was still supported as demand for the dollar fizzled amid speculation over the next head of the Federal Reserve. Comex gold futures were little changed at $1,278.63 a troy ounce by 09:00 a.m. ET (13:00 GMT), off session highs of $1,284.93 and still close to the previous session's eight-week low…
Epic Research Daily Agri Commodity Report Of 03 October 2017
Commodity News
Turmeric futures traded higher on NCDEX on rising physical demand at
the spot market. Though, some gains were capped on anticipation of good
production from turmeric growing areas in Telangana and Karnataka. The
contract for October delivery was trading at Rs 7316.00, up by 0.94% or Rs
68.00 from its previous closing of Rs 7248.00. The open interest of the
contract stood at 5725 lots. The contract for November delivery…
Daily Comex Commodity Report of 29 September 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices were little changed near one-and-a-half month lows on Thursday, after the release of mixed U.S. economic reports and as the greenback was still broadly supported. Comex gold futures were down $13.24 or about 1.04% at $1,288.58 a troy ounce by 08:35 a.m. ET (12:35 GMT), their lowest since August 25. Data on Thursday showed that U.S. economic growth in the second quarter was revised up more…
Daily Comex Commodity Report of 27 September 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices turned lower on Tuesday, as the U.S. dollar strengthened ahead of a highly-awaited speech by Federal Reserve Chair Janet Yellen scheduled later in the day. Comex gold futures were down $8.92 or about 0.69% at $1,302.60 a troy ounce by 08:45 a.m. ET (12:45 GMT). Chair Janet Yellen was due to deliver a speech titled "Inflation, Uncertainty, and Monetary Policy" at the National Association for Business…
Daily Comex Commodity Report of 25 September 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices rose on Friday amid an uptick in safe-haven demand as North Korean leader Kim Jong Un vowed to make a "mentally deranged" Trump pay dearly for an earlier threat to “totally destroy” North Korea if threatened. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange rose by $5.95, or 0.46%, to $1,300.75 a troy ounce. U.S. – North Korea relations…
Daily Comex Commodity Report of 20 September 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices edged higher on Tuesday, pulling away from the previous session's three-week lows as the release of mixed U.S. data weighed on the dollar, while investors eyed the conclusion of the Federal Reserve's monthly policy meeting on Thursday. Comex gold futures were up $1.45 or about 0.11% at $1,312.14 a troy ounce by 08:50 a.m. ET (12:50 GMT), off Monday's three-week trough of $1,308.10. The Fed was…
Epic Research Daily Agri Commodity Report Of 19 September 2017
Commodity News
Jeera futures traded down on NCDEX as speculators booked profits at
prevailing levels amid lower domestic and exports demand at the spot
market. Further, ample stocks position following higher supplies from
producing belts too fuelled the downtrend. The contract for September
delivery was trading at Rs 19520.00, down by 0.99% or Rs 195.00 from its
previous closing of Rs 19715.00. The open interest of the contract stood at
5742…
Daily Comex Commodity Report of 14 September 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices held onto gains on Wednesday, as caution returned to markets amid lingering fears over tensions between the U.S. and North Korea and as the U.S. dollar moved lower. Comex gold futures was up $4.82 or about 0.36% at $1,337.41 a troy ounce by 08:35 a.m. ET (12:35 GMT). Market sentiment was mildly supported as Hurricane Irma appeared to have caused less damage than feared and in…
Daily Comex Commodity Report of 13 September 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices remained slightly lower on Tuesday, as risk sentiment resurfaced after weekend events appeared to be less catastrophic than initially estimated. Comex gold futures were down by $2.90 or about 0.22% at $1,332.98 a troy ounce by 08:30 a.m. ET (12:30 GMT). Sentiment continued to improve as Hurricane Irma caused less damage than expected in Florida and as North Korea did not fire missiles over the weekend.…
Daily Comex Commodity Report of 11 September 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices traded at one-year highs on Friday, supported by continued dollar weakness amid a drop in investor expectations of a December rate hike, after New York Fed president William Dudley appeared to adopt a less hawkish stance on monetary policy tightening. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange rose by $1.98, or 0.15%, to $1,352.36 a troy ounce. The…
Daily Comex Commodity Report of 8 September 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices rose to a fresh one-year peak on Thursday, after the release of disappointing U.S. unemployment claims data and the European Central Bank left interest rates unchanged. Comex gold futures were up by $8.87 or about 0.66% at $1,347.94 a troy ounce by 08:45 a.m. ET (12:45 GMT), just off a fresh one-year high of $1,351.65 hit earlier. The precious metal benefited from a weaker U.S. dollar…
Daily Comex Commodity Report of 6 September 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices continued to trade near one-year highs on Tuesday, as concerns over fresh military threats by North Korea boosted demand for safe-haven assets. Comex gold futures were up $6.76 cents or around 0.51% at $1,337.08 a troy ounce by 08.35 a.m. ET (12:35 GMT). The precious metal strengthened after North Korea conducted its sixth and largest ever nuclear test on Sunday, prompting U.S. Defense Secretary James Mattis…
Epic Research Daily Agri Commodity Report Of 04 September 2017
Commodity News
Jeera futures edged lower on NCDEX on fall in demand at the spot
market. Though, some losses were capped due to loss of stored jeera by
heavy rains in Gujarat. The contract for September delivery was trading at
Rs 19725.00, down by 0.73% or Rs 145.00 from its previous closing of Rs
19870.00. The open interest of the contract stood at 12690 lots. The
contract for October delivery was…
Daily Comex Commodity Report of 1 September 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices trimmed losses on Thursday, as the release of mixed U.S. economic reports halted the U.S. dollar's recent progression and was investors began to focus on Friday's highly-anticipated nonfarm payrolls report. Comex gold futures were steady at $1,314.50 a troy ounce by 08.35 a.m. ET (12:35 GMT). The U.S. Labor Department reported on Thursday that the number of people who filed for unemployment assistance last week rose…
Daily Comex Commodity Report of 30 August 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices continued to hover at a 10-month peak on Tuesday, as news of another North Korean missile test sparked concerns over fresh geopolitical tensions in the region. Comex gold futures were up around $13.72 or about 1.06% at $1,329.&& a troy ounce by 08:40 a.m. ET (12:40 GMT). Safe-haven demand strengthened after North Korea fired a missile that flew over northern Japan, in the latest act of…
Daily Comex Commodity Report of 28 August 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices edged towards $1,300 buoyed by falling expectations of U.S. monetary policy tightening later this year, after Janet Yellen failed to offer any details on monetary policy or balance sheet normalization in a speech at Jackson Hole on Friday. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange rose $5.39, or 0.42%, to $1,297.41 a troy ounce. Gold prices hit a…
Daily Comex Commodity Report of 21 August 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices were roughly unchanged on Friday struggling to take advantage of a slump in the dollar, following continued political uncertainty in Washington as Steve Bannon resigned from his role as White House chief strategist. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange rose $0.91 or 0.07%, to $1,293.28 a troy ounce. Gold started the session on the front foot hitting…
Daily Comex Commodity Report of 18 August 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices pared gains on Thursday, as demand for the greenback grew stronger after the release of upbeat U.S. jobless claims and manufacturing activity data. Comex gold futures were still up around $6.84, or about 0.54%, to $1,289.94 a troy ounce by 8:50AM ET (1250GMT), pulling away from a two-month high of $1,298.10 touched late last week. Gold prices weakened after data showed that the number of people…
Daily Comex Commodity Report of 17 August 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices trimmed losses on Wednesday, after the release of downbeat U.S. housing sector data dampened demand for the greenback, but the precious metal remained under pressure amid an overall rise in risk-appetite. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery were down 0.16% at $1,277.60, off session lows of $1,274.68. The yellow metal suffered its steepest one-day drop in nearly…
Daily Comex Commodity Report of 14 August 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices continued to climb on Friday, as geopolitical tensions between the U.S. and North Korea kept safe-haven demand elevated while data showing July inflation undershot expectations, lessened the prospect of a rate hike this year. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange rose $3.40, or 0.26%, to $1,293.37 a troy ounce. U.S. President Donald Trump issued a new threat…
Daily Comex Commodity Report of 11 August 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices extended gains on Thursday, hitting their highest levels of the session after data showed that U.S. producer prices unexpectedly fell in July, recording their biggest drop in nearly a year. Comex gold futures rose to a daily peak of $1,291.20 a troy ounce, a level not seen since June 8. It was last at $1,290.45 by 9:05AM ET (1305GMT), up $11.10, or around 0.9%. The Labor…
Epic Research Weekly Agri Commodity Report 07 AUGUST 2017
Commodity News
Turmeric futures traded lower on NCDEX despite fall in supply due to
dry conditions in the turmeric growing regions of south India. The contract
for August delivery was trading at Rs 7672.00, down by 0.08% or Rs 6.00
from its previous closing of Rs 7678.00. The open interest of the contract
stood at 8440 lots. The contract for September delivery was trading at Rs
7750.00, down by 0.10% or…
Epic Research Daily Agri Commodity Report Of 04 August 2017
Commodity News
Turmeric futures traded higher on NCDEX on improving demand from
upcountry buyers at the spot market. Further, dry conditions in turmeric
growing areas, slower sowing progress too fuelled the uptrend. The
contract for August delivery was trading at Rs 7590.00, up by 0.21% or Rs
16.00 from its previous closing of Rs 7574.00. The open interest of the
contract stood at 9010 lots. The contract for September delivery was
…
Daily Comex Commodity Report of 03 August 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
Gold prices edged lower on Wednesday, as a recent rally to seven-week highs started showing signs of fatigue. Comex gold futures for August were at $1,262.93 a troy ounce by 8:50AM ET (1250GMT), down $9.50, or about 0.8%. It touched its highest since June 14 at $1,273.30 in the prior session. Data released earlier showed that U.S. non-farm private employment rose less than expected in July, but…
Daily Comex Commodity Report of 01 August 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
• Gold prices edged lower on Monday, after rising to their highest level in around seven weeks overnight as market players looked ahead to a busy week of economic data, including the monthly U.S. jobs report. Besides the nonfarm payrolls data, this week's calendar also features U.S. reports on personal income and spending, which include the personal consumption expenditures inflation data, the Fed's preferred metric for inflation. Data…
Daily Comex Commodity Report of 31 July 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
• Gold prices traded higher on Friday, as the dollar remained under pressure at fourteen-month lows, after investor expectations grew the Federal Reserve would keep rates low for longer, following data showing inflation remained subdued. Gold futures for August delivery on the Comex division of the New York Mercantile Exchange rose by $9.53, or 0.75%, to $1,269.52 a troy ounce. Gold recouped some of its losses sustained earlier…
Daily Comex Commodity Report of 28 July 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
• Gold prices rose to the highest level since mid-June in North American trade on Thursday, as a softening in the Federal Reserve's confidence on inflation added to expectations that policy tightening would be glacial at best. Comex gold futures were at $1,263.99 a troy ounce by 9:00AM ET (1300GMT), up $14.30, or about 1.2%. It touched its highest since June 15 at $1,265.14 earlier in the session.…
Daily Comex Commodity Report of 27 July 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
• Gold prices edged lower in North American trade on Wednesday, as investors awaited the Federal Reserve's policy statement for clues on the course of its next monetary tightening. Comex gold futures were at $1,247.11 a troy ounce by 8:25AM ET (1225GMT), down $5.10, or about 0.4%. Gold prices ended lower on Tuesday, suffering the first back-to-back decline in about three weeks. The Fed is not expected to…
Daily Comex Commodity Report of 25 July 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
• Gold prices rose to their highest level in around a month in North American trade on Monday, ahead of a busy week of economic events, including a Federal Reserve policy decision and U.S. second quarter growth data. In recent trading, Comex gold was at $1,258.03 a troy ounce by 8:40AM ET (1240GMT), up $3.20, or around 0.3%. It touched its highest since June 26 at $1,258.60 earlier…
Daily Comex Commodity Report of 24 July 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
• Crude futures settled lower on Friday, as sentiment on oil soured after data indicating that Opec’s supply was set to rise compared to June reduced investor confidence in Opec’s ability to curb production. On the New York Mercantile Exchange crude futures for July delivery fell 2.5% to settle at $45.77 a barrel, while on London's Intercontinental Exchange, Brent dropped 2.76% to trade at $47.94 a barrel. Opec's…
Epic Research Daily Agri Commodity Report Of 20 JULY 2017
Commodity News
Soybean futures exhibited mixed trend on NCDEX as the July
contracts traded higher due to lower acreage, irregular rains in soybean
growing areas and lower arrivals in the physical market, while August
contracts traded lower on weak demand in spot markets. The contract
for July delivery was trading at Rs 2910.00, up by 0.24% or Rs 7.00
from its previous closing of Rs 2903.00. The open interest of…
Daily Comex Commodity Report of 19 July 2017 by Epic Research
INTERNATIONAL COMMODITY NEWS
• Gold prices extended overnight gains in North American trade on Tuesday, as the dollar tanked after a second attempt by Republicans to replace Obamacare failed, delivering a major policy blow to the Trump administration. Comex gold futures were at $1,240.46 a troy ounce by 9:35AM ET (1335GMT), up $6.70, or around 0.6%, after touching its highest since July 3 at $1,241.92 earlier in the session. Prices settled…
