Maize prices closed lower by 0.72 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of heavy selling activity by
The most-active gold for December delivery on the Multi Commodity Exchange (MCX) was 0.20 percent lower at 28,937 rupees per 10 grams. The contract has fallen about 1 percent from the contract high of 29,212 struck on Tuesday.....
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Counter is still waiting for fresh directional moves and for intraday prices would require to break the region of 29400 to surmount bearish sentiments with a target of 29490/29560.Unable to break the region of 29400 could activate fresh selling towards 29080/28950.......
Read full report here @ http://commodity-intraday.blogspot.com
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While the current bull market is already longer than average, most market strategists expect stocks to have another good year in 2014. Stocks gained last week, with the S&P 500 hitting new highs, despite the ongoing crisis in Ukraine. The Dow Jones industrial average is less than 1% away from its all-time high.
Copper futures lost around 1% while comments and statements from major producers and investment banks across the globe intensified the slide in the red metal and peers. US Crude along with Brent too sliding lower towards their lowest mark for the active September contract aided the downside into the industrial metals as for crude too higher supplies and lower demand is leading towards lower prices which is anticipated to act bearish over the inflation aspect globally while indirectly effecting consumption on major commodities including industrial metals.....
Read more here- http://www.pinnaclefinancial.in/blog/intraday-mcx-tips-base-metals-copper-updates/
NCDEX Jeera Futures traded on negative zone due to subdued demand against higher supplies in the market and closed on 0.73 percent down. The traders and stockiest were active in spot market on low level quality issues.
We expect jeera futures traded negative on higher low quality supplies against low export demands.
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NCDEX Jeera Futures: The jeera futures recovered yesterday and closed on 0.60% higher with good buying support with comparatively lower prices. The traders and stockiest are active on a spot market at a lower level of the quality issue and lower productions.
The report also reveals a shift in thinking by parents and educators who are now beginning to accept the role of mobile devices as instructional tools, in part because they are active users of mobile devices in their own personal lives. In some cases, educators have embraced mobile devices as a catalyst for making learning a more student directed experience. At Jamestown Elementary School in Virginia, for example, students use mobile devices to
Reports Q1 (Mar) earnings of $2.02 per share, $0.52 better than the Thomson Reuters consensus of $1.50; revenues rose 59.9% year/year to $189.6 mln vs the $180.1 mln consensus. Co issues upside guidance for Q2, sees Q2 revs of $268.1-274.0 mln vs. $240.07 mln Thomson Reuters consensus. Online marketing revenues for the first quarter of 2010 were RMB1.293 billion ($189.5 million), representing a 59.6% increase from the corresponding period in 2009. Baidu had around 221,000 active online marketing customers in the first quarter of 2010, representing a 19.5% increase from the corresponding period in 2009 and a 0.9% decrease from the previous quarter. Revenue per online marketing customer for the first quarter was approximately RMB5,900 ($864), a 34.1% increase from the corresponding period in 2009 and a 3.5% increase from the previous quarter. Traffic acquisition costs (TAC) as a component of cost of revenues were RMB171.3 million ($25.1 million), representing 13.2% of total revenues, as compared to 15.3% in the corresponding period in 2009 and 16.0% in the fourth quarter of 2009. The decrease in TAC as a percentage of total revenues reflects initiatives to drive quality improvements on Baidu Union traffic. Co also announces a 10:1 ADS split.
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Commodity Exchange Act (ch. 545, 49 Stat. 1491, enacted June 15, 1936) is a federal act passed in 1936 by the U.S. Government (replacing the Grain Futures Act of 1922).
The Act provides federal regulation of all commodities and futures trading activities and requires all futures and Commodity Tips options to be traded on organized exchanges. The Commodity Futures Trading Commission (CFTC) was created in 1974 as a result of the Commodity Exchange Act, which in 1982 created the National Futures Association (NFA).
http://liveshareindia.blogspot.com/2011/06/commodity-exchange-act.html
It was weak opening in Indian stock market today. Significant recovery was seen after choppy morning session. Nifty dragged down below the psychological level of 4800 to make a low at 4758.85 in the first half of the session after which bulls got activated and pulled it up to close the day at 4835.40 or down 0.7%. High volatility was seen for the session.
It is easy to get caught up in the daily stock market activity and lose sight of the interesting facts in the market's history. For instance, while the New York Stock Exchange is the largest U.S. Stock exchange, it is not the oldest. The Philadelphia Stock Exchange was created in 1790 and preceded the NYSE.
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