Oil holds gains on China rebound, even as US crude stocks rise UPDATE BY www.octamx.com (CALL: 9634688334)

Oil holds gains on China rebound, even as US crude stocks rise

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The dollar eased and China’s yuan gained on Wednesday after China’s manufacturing activity expanded at its fastest pace since April 2012, while the euro rose after regional German price data added to inflation worries.

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Copper prices rose on Wednesday after better-than-expected manufacturing activity data from top consumer China underpinned demand hopes, although a firmer U.S. dollar capped gains.

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COMMODITYSUPPORTRESISTANCE
GOLD [5 APR]5532655992
SILVER [5 MAY]63663.6665132.66
CRUDE OIL [20 MAR]63146468
NATURAL GAS [28 MAR]213.04225.94
COPPER [31 MAR]757.14771.94
ZINC [31 MAR]265.2270.1
LEAD [31 MAR]182183
ALUMINIUM [31 MAR]207209

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USD/INR Price News: Recovers from 82.30, prone to downside as Fed rate hike fears vanish UPDATE BY www.hectorcommodity.com (CALL: 8439677004/ 8755878899)

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