Welcome to the NYMEX Market tracker, we constantly support traders to analyze the rise and fall of the market for ten categories on the daily basis. We analyze and display the beginning value of the market on the morning updates and the Ending value on the evening updates. We examine the everyday trends for these categories and flash them as push notifications in our mobile applications and our success rate is above 80 percent. Play Store
On Thursday, the Indian Rupee is most likely to weaken due to an increase in the price of crude oil. After data revealed a larger-than-anticipated drop in US crude stockpiles, oil prices surged. A significant decline in the local currency may be avoided, though, due to the dollar’s weakness and the upbeat outlook for the…
On Thursday, the Indian Rupee depreciated against the US dollar and opened at Rs. 82.63. On the heels of risk aversion in international markets and a rise in crude oil prices, the domestic currency is anticipated to weaken today. The US Fed signalled that rates may rise considerably higher than previously anticipated to manage inflation,…
Despite the fact that the first anticipated polar vortex in four years could arrive as soon as next week, natural gas prices fell further on Wednesday as traders tried to fix a market that had risen nearly 30% over the previous five sessions. The Henry Hub on the New York Mercantile Exchange saw a decline…
Early on Thursday in Asian trading, oil prices remained broadly constant as investors balanced the prospect of future interest rate increases from central banks around the world against optimism about the outlook for Chinese demand. Brent crude futures were up 1 cent, trading at $82.71 a barrel, while U.S. crude futures were down 4 cents,…
On Wednesday, the Indian rupee started the day 21paise higher at 82.59 to the dollar due to rising risk on international equities markets, FII inflows, and falling oil prices. “The rupee is likely to strengthen today as a result of the weaker dollar and the upbeat outlook for the world’s financial markets.The expectation that the…
Following a significant increase the day before, gold prices were around a six-month high on Wednesday as markets anticipated an interest rate increase from the Federal Reserve later in the day as well as their comments on lessening inflationary pressures. As evidence that price pressures in the nation have peaked and are expected to retreat,…
The rupee saw a high-voltage week in the domestic currency market, falling from 81.21 to 82.77 before ending at 82.28, losing more than a percentage point. Better global cues, lower crude oil prices, the central bank buying dollars, and inflows of foreign funds all weighed on the rupee, making it difficult for it to advance….
On Monday, oil prices increased by more than 1% as a crucial pipeline that supplies the US remained closed and Russian President Vladimir Putin threatened to reduce production in retaliation for a Western export price ceiling. By 0300 GMT, the price of Brent crude futures had risen 30 cents, or 0.4%, to $76.40 per barrel….
In anticipation of important U.S. inflation data anticipated later in the day, investors made few moves in the price of gold and copper on Friday. However, the red metal was expected to have a strong week thanks to expectations that COVID limitations in China will be loosened. As a result of some safe haven trades…
The strong dollar and risk aversion in international markets are expected to cause the Indian rupee to weaken on Wednesday. Additionally, ongoing FII inflows could harm the rupee. Investors will be on the lookout for the RBI’s monetary policy, as the central bank may decide to halt the rate of rate increases. The rate increase…
