Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Stock Review : Markets : News Wire : Quotes : Radio : Silver : Stocks - Main 
  
 GoldSeek.com >> News >> Story

 Disclaimer 

Latest Headlines


Gold Seeker Weekly Wrap-Up: Gold and Silver End Higher on the Week
By: Chris Mullen, Gold-Seeker.com

Ira Epstein & Company Weekly Metal Report
By: Ira Epstein

The Worldwide Consumer Shellacking
By: Bill Bonner & The Daily Reckoning Crew

South African Gold Shares – a good place to invest or not?
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch

Gold Retreats Following ECB Rate Hike
By: Peter A. Grant, USAGOLD

Soft Commodities: Meats
By: Scott Wright, Zeal Intelligence LLC

Scorched Earth Economy
By: David Galland, Managing Director, Casey Research, LLC

Profit From Fed-Catalyzed Crises
By: Deepcaster

Gold Retouches Week's Highs as Dollar Loses to Oil, Euros, Soybeans & Copper; Dow Hits Technical Bear Market
By: Adrian Ash, BullionVault

International Forecaster July 2008 (#1) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster


Search

GoldSeek Web



 
Asian Metals Market Update for 14th March, 2008



By: Insignia Consultants


-- Posted Friday, 14 March 2008 | Digg This ArticleDigg It! | Source: GoldSeek.com

INSIGNIA CONSULTANTS

EXPECTED TRADING RANGE

COPPER AND CRUDE OIL -- EXPECTED TRADING RANGE

COPPER MAY 08   -- $372.00 - $392.00

NYMEX CRUDE OIL   - $106.50.00 - $112.50

GENERAL MARKET CONDITIONS

 Next week we have Easter Vacation and the Fed meeting. The Fed will not disappoint the markets and may cut interest rates by 0.75%. Trading volumes will fall next week. However the current market situation will prevent fund managers to be lazy as the market circumstances are changing every day. Some of the investment instruments have either hit historical highs or historical lows and investors asking themselves whether to exit the highs or invest in lows. For the rest of the March the US dollar and movement of US equity markets will be the key for almost all investments.

 Some of the central bankers are continuously speaking on the higher volatility and dollar depreciation but do nothing. Markets have learned to live with the comments from various central banks over the pace of the US dollars depreciation and they will not get unnerved by the same as they know that central bankers will do not anything. For the central bankers “words speak louder than actions”. It remains to be seen as what will be the tolerable level of euro and yen against the US dollar by the ECB and bank of Japan.

 Gold futures finally tested $1000. $1000 is nothing but psychological. One should expect greater volatility in gold next week on position squaring and rebuilding. Base metals will be volatile as they are long term bullish and short term bearish as per the technical charts.

NICKEL – LME 3 MONTH

It is bullish over $30214 and as long as nickel holds $30214 it will target $34000 and $37000 in short term.

NYMEX CRUDE OIL --  FUTURE -- INTRA DAY PIVOT: $106.0

Crude oil fails to break $112-$114 zone by next week then it will fall back to $106 and $100.0

 

HAPPY PROFITABLE TRADING

 

 Disclaimer : Any opinions as to the commentary, market information, and future direction of

prices of specific currencies, precious metals, base metals, or equity indices reflect the views

of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability 

for any losses incurred in connection with any decision made, action or inaction taken by any

 party  in reliance upon the information provided in this material; or in any delays, inaccuracies,

errors in, or omissions of Information.

 


-- Posted Friday, 14 March 2008 | Digg This Article | Source: GoldSeek.com


1080-81, Ugger Sen Street,”Somani Bhawan”
Sita Ram Bazar, New Delhi-110006. India.
Ph: [O] 91-11-30919880 [M] 09811139549
Website: www.insigniaindia.com
Email:



Click banner to open your account today!

 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 



© 1995 - 2008


© GoldSeek.com, Gold Seek LLC


GoldSeek.com Supports Kiva.org

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.
OilSeek.com