Tuesday, 10 July 2012

Commodity Market Update


Precious Metals are trading in a narrow range today and prices are expected to trade with a negative bias later into the evening. Base Metals are trading mixed on LME and we see further downsides once prices break below today’s low. We maintain a very neutral view on the Energy complex today. Overall, the markets are likely to maintain a very neutral tone for the rest of the day due to lack of economic releases from leading economies.
No economic releases.

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