Friday 13 July 2012

Mcx Today’s Tips



Money CapitalHeight is providing free Mcx Tips For 13 July 2012.

ASIAN STOCK:-Asian shares marked time with small gains on Friday ahead of China’s second-quarter gross domestic product figures which could depress risk appetite while a Moody’s downgrade of Italy’s credit rating threatened to rekindle worries over Europe’s debt crisis.
U.S.STOCK:-U.S. stocks fell on Thursday, hit by more warnings in the technology sector, while a rally in Procter & Gamble helped the blue-chip Dow cut its loss.
DOLLAR:-The dollar index stood at 83.614. It had climbed to 83.829 on Thursday, the highest level since July 2010. Against the yen, the dollar edged up 0.1 percent to 79.33 yen.
EURO:-The euro fell around 30 pips to a session low at $1.2181 on the ratings news, coming close to the overnight trough of $1.2166.
COPPER:-London copper edged down on Friday as investors closed positions on caution ahead of data on China’s second-quarter growth that markets fear could be its slowest in more than three years. The data is due around 0200 GMT.
U.S.GOLD:-The U.S. gold futures contract for August delivery  edged up 0.2 percent to $1,568.50.
GOLD:-Gold ticked lower on Friday,remaining on course for a second consecutive week of losses as worries about the euro zone debt crisis.

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