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The Mainland China market closed session lower on Monday, 16 May 2022, as investors risk sentiments turned downbeat after the latest domestic economic data showed Chinas economic activity cooled sharply in April as COVID-19 lockdowns took a heavy toll on consumption, industrial production and employment. Market losses were, however, capped after reports that Shanghais plan to lift most COVID-19 curbs after a weeks-long lockdown. The […]

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On 23 May 2022

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NCDEX Guargum futures eased today, giving up after a latest upmove as traders eyed progress of monsoon. The southwest monsoon has advanced in the Andaman and Nicobar Islands and could arrive earlier than expected in the main sowing region of Guarseed. The India Meteorological Department (IMD) noted that the conditions are favourable for further advance of southwest monsoon into some more parts of south Bay […]

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WTI Crude oil futures eased a little today after sharp gains in last session. Some profit selling was seen emerging in the counter as rising US rig count data and firm US dollar capped advanced of the commodity beyond $110 per barrel. However, steady equities also limited the losses. Asian stocks mostly gained while European markets also edged up impressively on Monday. WTI Crude oil […]

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