Commodity Focus By Kotak Securities
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Our dedicated channel on commodities gives you access to the latest happenings in the commodity market.
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Hi,
KCALRT: INTRADAY UPDATE : BUY MCX GOLDM APR 95000 PE,BOOK PROFIT AT (CMP- 883)
Disc: https://www.kotaksecurities.com/disclaimer/commodities - Kotak Securities
Flash Manufacturing PMI : Positive for USD

Actual: 50.7

Survey: 49

Prior: 50.2

Flash Service PMI: Negative for USD

Actual: 51.4

Survey: 52.8

Prior: 54.4

Source: forexfactory

Disclaimer- https://www.kotaksecurities.com/disclaimer/commodities
Brent has surrendered earlier gains, and
more declines are likely in store over supply dynamics.

Kazakhstan has defied OPEC+ by prioritizing national
production targets over group quotas, a move that exposes
growing fractures within the alliance.

That comes as the IEA warns of tepid demand growth,
especially from China, and an expanding global supply glut. The
agency sees production outpacing consumption by a wide margin
this year, which could force prices even lower in the absence of
new shocks.

Meanwhile, Iran’s state oil company is slashing crude
prices to Asia and Europe, and in some cases flipping premiums
into discounts, in a bid to maintain export flows despite
sanctions. That adds another layer of downside pressure to
global benchmarks.

There have been some short-term bullish signals, including
a draw in US crude stockpiles, Brent’s prompt spread hitting its
strongest level since January, and an improvement in the macro
risk sentiment that’s also propelling stocks.

Still, the broader trend seems bearish for oil. Brent
remains some 10% below pre-tariff levels and could struggle to
reclaim those highs unless demand surprises to the upside,
something the IEA says is increasingly unlikely. (Bloomberg)
Negative for Gold, positive for oil, metals

The Wall Street Journal reported Wednesday, citing a White House official, that the administrating was considering reducing China tariffs to between 50% and 65%. The report sent the U.S. benchmarks to session highs.

The news comes after Trump said Tuesday he's willing to take a less confrontational approach to trade talks with China, noting that the current 145% tariff on Chinese imports is "very high, and it won't be that high. ... No, it won't be anywhere near that high. It'll come down substantially. But it won't be zero." (CNBC)
New Home Sales : Positive for USD

Actual: 724K

Survey: 684K

Prior: 676K





Source: forexfactory

Disclaimer- https://www.kotaksecurities.com/disclaimer/commodities
Hi,                                  
KCALRT : INTRADAY: BUY MCX NATURAL GAS APR 260 PE BETWEEN 6 – 6.30 TP 9 SL 4 (CMP-6)
Disc: https://www.kotaksecurities.com/disclaimer/commodities - Kotak Securities
BREAKING: The White House lowering tariffs on China is reportedly contingent on talks with Chinese officials.

Any reductions would reportedly need to be "in conjunction" with China, not unilateral.
Hi,
KCALRT: INTRADAY : BUY MCX GOLDM APR 94000 CE BETWEEN 873 – 900 TP 1073 SL 740 (CMP- 873)

Disc: https://www.kotaksecurities.com/disclaimer/commodities - Kotak Securities
 
Commodity Focus By Kotak Securities
BREAKING: The White House lowering tariffs on China is reportedly contingent on talks with Chinese officials. Any reductions would reportedly need to be "in conjunction" with China, not unilateral.
China’s Foreign Minister Wang Yi:

“The U.S. has abused tariffs, losing global support and isolating itself.

The international community now must stand more united than ever to uphold multilateralism”
Hi,

KCALRT : INTRADAY UPDATE: BUY MCX NATURAL GAS APR 260 PE, SL TRADED AT 4

Disc: https://www.kotaksecurities.com/disclaimer/commodities - Kotak Securities
Crude Oil Inventory: Positive for Crude Oil
 Actual: 0.2 M
 Survey: 1.6M
 Prior:    0.5 M
 
Source: forexfactory
Disclaimer-  https://www.kotaksecurities.com/disclaimer/commodities
Prices Tumble On Report Some OPEC+ Members Want Accelerated Output Increase
KCALRT: INTRADAY: BUY MCX CRUDEOIL MAY 5300 PE BETWEEN 205– 209 TP 260 SL 165  (CMP- 205)

Disc: https://www.kotaksecurities.com/disclaimer/commodities - Kotak Securities
Commodity Focus By Kotak Securities
TRUMP: EU, CHINA RIPPING THE US OFF
I have said this before

Don't lose sight of the script of de-dollarisation as you follow headlines.

Most get confused with headlines because they have not understood the SCRIPT in geo economics and it's impact on geo politics.


Script is de dollarisation and De globalisation. Another way of saying it is, from unipolar world order to multi polar world order.

It will be chaotic and full of drama.

And the core of this reset will be a complete divorce between US citizens and Chinese businesses.

The former is the consumer out of printed dollars and latter, the producer against those printed dollars.

A lot of misdirection is likely. The truth and diplomacy are like water and oil, they never mix.

Another aspect of this reset will be a major coupling between Bharat and the US as partners.

The assets during this phase likely to be bullion, gold and silver.
Hi,

KCALRT: INTRADAY : BUY MCX GOLDM APR 94000 CE, BOOK PROFIT (CMP -980)


Disc: https://www.kotaksecurities.com/disclaimer/commodities - Kotak Securities
Chinese embassy emphasizes openness for talks with the U.S. without threats or pressure, calling for equality and respect in negotiations.