Mcx Full Independent Trading Guide

PRECIOUS-Gold steadies near 8-month peak, focus on Fed's policy decision * Fed policy statement due on Wednesday at 1900 GMT * SPDR Gold holdings up 4.6 pct this month, highest since Sept 2017 (Adds comments and details, updates prices) Jan 30 - Gold rose to near a more than eight-month peak on Wednesday, supported by a muted dollar as investors awaited the Federal Reserve's policy decision and U.S.-China trade talks later in the day.Spot gold was up 0.1 percent at $1,312.51 per ounce at 1114 GMT, after touching $1,315.93, its highest since May 14, 2018 earlier in the session. U.S.GCcv1 rose 0.2 percent to $1,311.50. "Gold is hesitating just as the dollar is pausing for breath ... We have the Fed meeting later, and investors are wondering what the Fed is going to do with regards to the pace of balance sheet reduction," said Fawad Razaqzada, an analyst with Forex.com.Markets expect Fed officials will reinforce their recent dovish stance given a stalemate on

UPDATE 5-Oil prices flat, caught between Venezuela supply concerns and gloomy economic outlook * Venezuela vs U.S. oil production * U.S. sanctions against Venezuela stoke supply concern * Maduro offers opposition talks on Russian TV * Slowing economic growth drags on fuel-demand outlook * U.S., Chinese officials to start trade talks on Wednesday (Recasts, updates prices) SINGAPORE, Jan 30- Oil prices held steady on Wednesday, supported by concerns about supply disruptions following U.S. sanctions on Venezuela's oil industry but pegged back by a darkening outlook for the global economy. U.S. West Texas Intermediate (WTI) crude futures were at $53.30 per barrel at 0748 GMT, virtually unchanged from their last settlement. International Brent crude oil futures  were also flat, at $61.32 per barrel.Washington on Monday announced export sanctions against state-owned oil firm Petroleos de Venezuela SA (PDVSA), limiting transactions between U.S. companies that do business with Ve

U.S. Oil Production Is 23 Years Ahead of Schedule  A year ago, the U.S. government saw American crude production averaging 11.95 million barrels a day in 2042. Shale drillers are set to exceed that this year.The Energy Information Administration now estimates output will top out at 14.53 million barrels a day in 2031, according to its Annual Energy Outlook released Thursday. Why such a big difference? Near-term prices are higher than what the agency assumed last year, boosting the baseline production, according to the EIA. The U.S. will be a net exporter of petroleum -- and energy in general -- next year, years sooner than previous annual estimates, something the EIA flagged in its short-term outlook earlier this month. That’s due to the faster increases in crude and NATURAL GAS liquids production, combined with slower demand growth, according to EIA Administrator Linda Capuano. “America’s move to net exports was supposed to be 5 or 6 years off,” said Kevin Book, managing dir

UPDATE 1-Oil prices fall on worries fuel demand to stall amid slowing global growth Oil prices declined on Thursday amid lingering concerns over slowing global economic growth that may limit fuel demand and after a surprise build in U.S. crude inventories .International Brent crude oil futures were at $60.89 a barrel at 0352 GMT, down 25 cents, or 0.4 percent, from their last settlement, having closed down 0.6 percent in the previous session. U.S. West Texas Intermediate (WTI) crude futures  were at $52.40 per barrel, 22 cents lower from their last settlement."Crude oil came under further pressure as concerns of faltering global growth remained at the forefront in investor's minds," ANZ Bank said.The prospects of future oil demand are getting clouded by the global growth worries, analysts said."With the IMF downgrading 2019/20 and the continued rhetoric from Davos reiterating that they expect global growth to slow down over the next two years, is providing sel

UPDATE 2-Oil steady on hopes Chinese fiscal stimulus will stem economic slowdown * Japan December exports slump most in over 2 years * China will increase fiscal stimulus to stem slowdown -officials * OPEC cutting output to rein in oversupply * But rising U.S. output undermines OPEC efforts (Adds China fiscal stimulus, updates prices) SINGAPORE, Jan 23- Oil prices were steady on Wednesday on hopes that increased Chinese spending would stem an economic slowdown that is showing signs of spreading and has been weighing on financial markets. International Brent crude oil futures   were at $61.49 per barrel at 0314 GMT, virtually unchanged from their last close. U.S. West Texas Intermediate (WTI) crude futures  were at $52.98 per barrel, 3 cents below their last settlement. The steadier prices followed a 2-percent fall in crude futures and a slump in international financial markets on Tuesday as concerns over global growth spooked investors into looking for safe-haven assets such as

UPDATE 1-Oil prices fall as economic growth worries spread * China's 2018 GDP growth at lowest since 1990 * South Korea's economic growth slows to a 6-year low * IMF downgrades 2019 global growth forecast * OPEC-led supply cuts support crude prices (Adds South Korea GDP data, quotes, updates prices) SYDNEY/SINGAPORE, Jan 22 (Reuters) - Oil prices fell on Tuesday as signs of a spreading global economic slowdown stoked concerns over future fuel demand.International Brent crude oil futures were at $62.26 per barrel at 0410 GMT, down 48 cents, or 0.8 percent, from their previous close.U.S. West Texas Intermediate  crude futures were at $53.44 per barrel, down 0.7 percent, or 36 cents. China on Monday reported its lowest economic growth figure since 1990, with GDP rising by 6.6 percent in 2018. manufacturing activity in China is likely weighing on demand," said Singapore-based tanker brokerage Eastport on Tuesday, adding that industrial slowdowns tended to be leading i