Commodity Focus By Kotak Securities


Гео и язык канала: Весь мир, Английский
Категория: Криптовалюты


Our dedicated channel on commodities gives you access to the latest happenings in the commodity market.

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Гео и язык канала
Весь мир, Английский
Категория
Криптовалюты
Статистика
Фильтр публикаций


US Dollar index has come under sharp selling pressure due to record large speculative long unwinding


Record shorts in crude being covered and that is helping WTI crude oil hold the support level around $65


Silver:

Long build up seen and not yet at stretched levels


Gold:

As profit taking has started, Gold is not able to break higher towards a new all time high in USD terms






Speculative Sentiment Barometer: Major Commodities in US Exchanges


The sentiment oscillators, ranging between 0 and 100, provide insights into market sentiment. When the oscillator is closer to 0, it indicates that, based on more than 15 years of historical data, speculative sentiment is at its most bearish. This suggests a high level of pessimism among market participants, with a prevailing belief that prices are likely to decline.

Conversely, when the oscillator approaches 100, it signifies that speculative sentiment is at its most bullish. This implies an elevated level of optimism among traders and investors, with a strong expectation that prices will rise.

In summary, the sentiment oscillators offer a gauge of market sentiment, with lower values indicating bearish sentiment and higher values indicating bullish sentiment, based on historical trends spanning over 15 years.



Check the charts below: 🔽🔽🔽


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KSEC- Evening Track-07032025.pdf
890.2Кб
KSEC- Evening Track-07032025.pdf


KCALRT : INTRADAY : BUY MCX CRUDEOIL MAR, SL TRADED AT 5860

Disc: https://www.kotaksecurities.com/disclaimer/commodities - Kotak Securities


The dollar slipped to a fresh four-month low of 103.46, as weaker-than-expected job numbers added to a series of disappointing U.S. data releases, raising concerns about an economic slowdown. At the same time, this has kept expectations for rate cuts unchanged, with markets currently pricing in three cuts. However, a rate cut in March is highly unlikely, as Federal Reserve policymakers have repeatedly stated they want to see sustained progress in easing inflation before cutting rates.

Nonfarm payrolls increased by a seasonally adjusted 151,000 in the month, and the unemployment rate edged higher to 4.1%. Wage inflation softened, with average hourly earnings rising by 0.3%, as expected, while the annual increase of 4% was lower than the 4.2% forecast.

Traders are now cautiously awaiting Federal Reserve Chair Jerome Powell’s upcoming speech at 11 pm IST, looking for his reaction to the Trump tariffs, stagflation risks, and the recent economic data, as it may provide policy clues ahead of the FOMC meeting on March 18-19.

Disclaimer: https://www.kotaksecurities.com/disclaimer/commodities


Hi,                                  
KCALRT : INTRADAY UPDATE: BUY MCX CRUDE OIL MAR 5900 CE, BOOK PROFIT AT (CMP-129.10)
Disc: https://www.kotaksecurities.com/disclaimer/commodities - Kotak Securities


KCALRT : INTRADAY: BUY MCX CRUDEOIL MAR BETWEEN 5910 – 5920 TP 5990 SL 5860 (CMP-5910)
Disc: https://www.kotaksecurities.com/disclaimer/commodities - Kotak Securities


Oil prices extended gains on Friday, rising more than $1 a barrel, after Russia's Deputy Prime Minister Alexander Novak said OPEC+ may reverse its oil output hike after April if needed.

Novak told reporters that the producer group will go ahead with the April increase, but after that it may consider other steps.

"I there is an imbalance in the market. We can always play in the other direction," he said.

Brent crude futures rose $1.18, or 1.70%, to $70.64 a barrel by 1123 GMT. U.S. West Texas Intermediate futures rose $1.11, or 1.67%, to $67.47 a barrel. (Reuters)


Hi,

KCALRT : SHORT TERM UPDATE: BUY MCX SILVER MAY, SL TRADED AT 96900

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KCALRT : INTRADAY UPDATE: BUY MCX COPPER MAR, SL TRADED at 882.60

Disc: https://www.kotaksecurities.com/disclaimer/commodities - Kotak Securities


KCALRT : INTRADAY UPDATE: BUY MCX GOLDM MAR 86000 CE, SL TRADED at 970

Disc: https://www.kotaksecurities.com/disclaimer/commodities - Kotak Securities


KCALRT : INTRADAY: BUY MCX GOLDM MAR 86000 CE BETWEEN 1120–1135 TP 1350 SL 970 (CMP- 1120)

Disc: https://www.kotaksecurities.com/disclaimer/commodities - Kotak Securities


Hi,                                  
KCALRT : INTRADAY UPDATE: BUY MCX GOLDM MAR 87000 CE, BOOK PROFIT AT  (CMP- 744)
Disc: https://www.kotaksecurities.com/disclaimer/commodities - Kotak Securities
 


Average Hourly Earnings m/m: Neutral for USD

Actual: 0.3%

Survey: 0.3%

Prior: 0.5%

Non-Farm Employment Change: Negative for USD

Actual: 151k

Survey: 159k

Prior: 143k

Unemployment Rate: Negative for USD

Actual: 4.1%

Survey: 4.0%

Prior: 4.0%

Source: forexfactory

Disclaimer- https://www.kotaksecurities.com/disclaimer/commodities


Hi,                                  
KCALRT : INTRADAY UPDATE: BUY MCX NATURAL GAS MAR 370 PE, BOOK PROFIT AT (CMP-22.80)
Disc: https://www.kotaksecurities.com/disclaimer/commodities - Kotak Securities

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