Natural Gas Rose On Forecasts For Cooler Weather And More Heating Demand

Natural gas trading range for the day is 232.9-247.3.

Natural gas rose on forecasts for cooler weather and more heating demand than previously expected for the next two weeks.

The market was more focused on the coming cold weather and vast storage deficit for this time of year than production, which is at a record high and growing.

The projected demand in the lower 48 states would rise to 85.7 billion cubic feet per day (bcfd) next week, up from Tuesday's forecast of 85.4 bcfd.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Silver Prices Dropped As U.S.-Sino Trade Tensions Once Again Turned Investors

Silver trading range for the day is 37719-38641.

Silver prices dropped as U.S.-Sino trade tensions once again turned investors towards the greenback.

The US dollar edged up to a fresh 16-month high as the US economy continued to strengthen, putting the greenback on pace for a seventh straight month of gains.

The ADP national employment report showed that US private sector payrolls increased by the most in eight months in October.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Silver Traded In Range As The Safe Haven Demand For The Dollar

Silver trading range for the day is 38013-38637.

Silver traded in range as the safe haven demand for the dollar was boosted by concerns over the pending trade dispute between the U.S. and China.

The U.S. is preparing to impose tariffs on the remaining $257 billion of Chinese imports if talks in November between Trump and Chinese leader Xi Jinping do not go well.

The China Securities Regulatory Commission said that it would improve market liquidity and encourage more long-term capital into the market.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Zinc Dropped On Concerns Of A Slowdown In China

Zinc trading range for the day is 194.3-200.5.

Zinc dropped on concerns of a slowdown in China, which pledged to support illiquid private companies after third-quarter GDP growth slowed to 6.5 percent.

On-warrant zinc stocks in LME-registered warehouses, have fallen below 100,000 tonnes from almost 240,000 tonnes in August and are close to 10-year lows.

The premium for cash zinc over the three-month LME contract, at $47, remains close to Monday’s $63 one-year high, signalling tight nearby supply.

 For more information ✆ +91-8871068600 or visit Dynamic Money Research

Natural Gas Trading Range For The Day Is 225.2-243.4

Natural gas trading range for the day is 225.2-243.4.

Natural gas jumped on concerns the weather will remain colder than normal through the start of November.

Prices also seen supported as last week's storage injection will add to the already large inventory deficit.

The market is uncertain whether to rise because inventories are well below normal for this time of year or fall because production is at a record high.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Gold Prices Traded In Range As Shares Fell Amid Rising

Gold trading range for the day is 31754-31986.

Gold prices traded in range as shares fell amid rising political tensions and worries over slowing global economic growth.

The Italian government expects the European Commission to decide for the first time ever to ask a member state to revise its draft budget.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Silver Rose As The Hedge Of Choice Against A Cocktail Of Geopolitical Tensions

Silver trading range for the day is 38804-39618.

Silver rose as the hedge of choice against a cocktail of geopolitical tensions, tumbling equity markets and global macro uncertainties.

U.S. retail sales barely rose in September as a rebound in motor vehicle purchases was offset by the biggest drop in spending at restaurants and bars in nearly two years.

The Fed hiked rates last month for the third time this year and is expected to raise them again in December.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Copper Prices Dropped Amid Persistent Worries Over An Escalating U.S.- China

Copper trading range for the day is 453.1-460.7.

Copper prices dropped amid persistent worries over an escalating U.S.-China trade war.

Developing Asia could grow more slowly than previously thought next year as the U.S.-China trade war inflicts collateral damage on the region’s export-reliant economies.

China’s top copper smelters have set their floor treatment and refining charges for the fourth quarter at $90 per tonne and 9 cents per pound.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Silver Steadied After The Federal Reserve Announced A Much Anticipated Third U.S. Rate

Silver trading range for the day is 37558-38450.

Silver steadied after the Federal Reserve announced a much-anticipated third U.S. rate hike for the year.

The Fed raised interest rates by a quarter percentage point, increasing the overnight U.S. funds rate to a range of 2.00% to 2.25%.

The central bank said in a statement that its decision was in response to the country’s faster pace of economic growth.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Gold Steadied As The Dollar Drifted Ahead Of A U.S. Federal Reserve Monetary Policy Meeting

Gold trading range for the day is 30682-30916.

Gold steadied as the dollar drifted ahead of a U.S. Federal Reserve monetary policy meeting.

U.S. consumer confidence surged to an 18-year high in September as households grew more upbeat about the labour market, pointing to sustained strength in the economy.

U.S. President Donald Trump’s top trade official said that changing China’s economic policies to become more market-oriented “is not going to be easy”.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Silver Prices Traded In Range As The Dollar Slumped, Boosting The Appeal Of The Metal

Silver trading range for the day is 37093-37473.

Silver prices traded in range as the dollar slumped, boosting the appeal of the metal.

The U.S. currency ebbed amid continued relief that fresh U.S. and Chinese tariffs on reciprocal imports were less harsh than originally feared.

A less-harsh-than-expected volley of tariffs exchanged by US and China earlier this week suggested both nations are in no rush to ramp up their trade dispute.
  
For more information ✆ +91-8871068600 or visit Dynamic Money Research

Silver Prices Traded In Range As The Dollar Held Its Ground After The U.S. And China

Silver trading range for the day is 36935-37911.

Silver prices traded in range as the dollar held its ground after the U.S. and China announced their latest round of measures in the escalating trade conflict.

Prices were under pressure in recent months despite intensifying trade tensions between the U.S. and its trade partners, as investors turned to the dollar for safety.

U.S. President Donald Trump said that U.S. is slapping 10% tariffs on $200 billion worth of Chinese goods, and that the tariffs would rise to 25% in January 2019.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Crude Oil Dropped After The Monthly Report From The International Energy Agency

Crude Oil trading range for the day is 4795-5133.

Crude oil dropped after the monthly report from the International Energy Agency showed a jump in global supply to an all-time high.

The global oil supply reached a record 100 million barrels per day, the International Energy Agency said in its latest forecast.

Crude output from the OPEC and Russia, rose to a nine-month high in August, to 32.63 million bpd, due to a rebound in Libya production.

For more information ✆ +91-8871068600 or visit Dynamic Money Research

Copper Gained On Rupee Weakness Despite Of After U.S. President Donald Trump

Copper trading range for the day is 419.7-431.1.

Copper gained on Rupee weakness despite of after U.S. President Donald Trump threatened to impose tariffs on virtually all Chinese imports into the United States.

China's imports of unwrought copper and copper semis in August declined 6.7% from July to stand at 420,000 mt, showed China Customs data.

Copper stocks across Shanghai bonded areas shrank 20,300 mt from a week ago to 453,500 mt marking the fifth consecutive week of decline.

 For more information ✆ +91-8871068600 or visit Dynamic Money Research

Natural Gas Fell On Expectations Demand Will Decline After Tropical Storm Gord

Natural gas trading range for the day is 199.6-207.6.

Natural gas fell on expectations demand will decline after Tropical Storm Gordon hits the Gulf Coast, causing power outages and cooler weather.

Several oil and gas rigs have pulled their employees off their platforms which will likely reduce production.

The weather is expected to be warmer than normal throughout the United States for the next 8-14 days which should increase cooling demand.

For more information ✆ +91-8871068600 or visit Dynamic Money Research