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FxWirePro: Daily Commodity Tracker - 21st March, 2022

Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)

U.S. Consumer Confidence falls in September

U.S. existing home sales rise above expectations in October

Bank Indonesia keeps key interest rate on hold at 3.75 pct

Philippine central bank keeps interest rate unchanged at 2 pct

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

Canada's economy shows growth in July, but growth stalled in

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

Malaysian headline inflation falls further in October, likely to remain negative in 2020

Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed

Swiss franc likely to gradually depreciate against euro in coming months

Swedish economic sentiment indicator rises in November

Reserve Bank of India likely to stand pat in December

United States building permits

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Commodities snapshot (precious & industrial)

Thursday, May 17, 2018 2:14 PM UTC

The metal pack is down today. The performance this week at a glance in chart & table -

Gold:

Gold declining sharply as risk aversion eased and dollar recovers. Today’s range $1284-1294
Gold is currently trading at $1289/troy ounce. Immediate support lies at $1290, and resistance at $1355 area.

Silver:

Silver is a much better performer than the gold this week. Today’s range $16.17-16.37
Silver is currently trading at $16.43/troy ounce. Support lies at $16 & resistance at $17.5

Copper:

Copper is continuing its range trade. The best performer for the week so far. Today’s range $3.06-3.10
Copper is currently trading at $3.07/pound, immediate support lies at, $2.91 & resistance at $3.21

Gold	-2.35%
Silver	-2.59%
Copper	-1.80%

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