Mcx Commodity Market Calls of India - Free Trading Tips Crude, Zinc, Nickel, Lead, Gas, Gold, Silver Support & LME
Mcx Commodity Market News Today : 18/04/2018
GLOBAL WORLD MARKET NEWS :
Russian Media Claims Trump Has Ruled Out New Sanctions : The U.S. has informed the Kremlin that is has no intention to impose new sanctions on Russia, according to Russian state media. News agency TASS, citing an unnamed Russian foreign ministry source, reported that the U.S. told the Russian embassy in Washington, D.C. that there are no plans to add to the sanctions announced at the start of April. ?I can confirm that the U.S. has notified the Russian embassy that there will be no new sanctions for some time,? the source is quoted as saying to Russian media. Nikki Haley, the U.S. ambassador to the United Nations, announced Sunday that there would be fresh sanctions against Russia, but was thrown under the bus by the White House, which said Haley was ?confused.? The Washington Post reported that President Trump personally intervened to put the brakes on planned new sanctions
All base metals especially Aluminium Nickel and copper rose sharply on technical factors and fears over additional Russian sanctions. Nickel prices posted 3 years highs while Aluminium hit its seven year highs on concerns of US sanctions on Rusal
Top oil exporter Saudi Arabia would be happy to see crude rise to $80 or even $100 a barrel, three industry sources said, a sign Riyadh will seek no changes to an OPEC supply-cutting deal even though the agreement’s original target is within sight.
The price of gold was hovering over Rs 30,000 for 10 gm of 22 karat in the national capital on Wednesday. Pure gold or 24 karat was selling at around Rs 32,000. Akshaya Tritiya, a holy day for Hindus and Jains, is believed to bring good luck and success. It is considered to be an auspicious day to bring home gold. It may Possible that Mcx Silver and Mcx Gold will Move more 400 – 600 Points