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BASEMETALS LATEST NEWS ON FRIDAY, 6/JAN/2023 UPDATED BY GENIUS COMMODITY

LME and SHFE base metals closed mixed on potentially prolonged rate hike path. On the macro front, the US initial jobless claims fell to a three-month low last week, suggesting the labour market remains tight, which could force the US Fed to keep raising interest rates.
एलएमई और एसएचएफई बेस मेटल्स मिश्रित रूप से बंद हुए, संभावित रूप से लंबी दर वृद्धि पथ पर। वृहद मोर्चे पर, अमेरिकी शुरुआती बेरोजगार दावे पिछले सप्ताह तीन महीने के निचले स्तर पर गिर गए, यह सुझाव देते हुए कि श्रम बाजार तंग बना हुआ है, जो यूएस फेड को ब्याज दरों में वृद्धि जारी रखने के लिए मजबूर कर सकता है।

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CRUDE OIL LATEST NEWS ON FRIDAY UPDATED BY GENIUS COMMODITY WITH ACCURATE TIPS

Oil prices rose as much as $1 on Friday, extending gains from the previous trading session on hopes of a China demand boost and after data showed lower fuel inventories in the United States following a winter storm that hit during the year end.
तेल की कीमतें शुक्रवार को $1 तक बढ़ गईं, चीन की मांग में वृद्धि की उम्मीद में पिछले कारोबारी सत्र से लाभ का विस्तार हुआ और आंकड़ों के बाद संयुक्त राज्य अमेरिका में सर्दियों के तूफान के बाद कम ईंधन की सूची दिखाई गई, जो साल के अंत में आई थी।

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FRIDAY’S LIVE GOLD NEWS & BULLION MARKET UPDATES: BY GENIUS COMMODITY.!!!

Gold prices were little changed on Friday as cautious investors positioned themselves for key U.S. jobs data, but the safe-haven bullion was still bound for a third straight weekly gain.
शुक्रवार को सोने की कीमतों में थोड़ा बदलाव आया क्योंकि सतर्क निवेशकों ने प्रमुख अमेरिकी नौकरियों के आंकड़ों के लिए खुद को तैनात किया, लेकिन सुरक्षित-हेवन बुलियन अभी भी तीसरे सीधे साप्ताहिक लाभ के लिए बाध्य था।

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MAJOR ECONOMICAL DATAS & EVENTS ON FRIDAY WHICH WILL AFFECT MCX MARKET TODAY UPDATED BY GENIUS COMMODITY

3:30pmEURCPI Flash Estimate y/y0.0960.101
EURCore CPI Flash Estimate y/y0.0510.05
EURRetail Sales m/m0.005-0.018
7:00pmCADEmployment Change5.5K10.1K
 CADUnemployment Rate0.0520.051
 USDAverage Hourly Earnings m/m0.0040.006
 USDNon-Farm Employment Change200K263K
 USDUnemployment Rate0.0370.037
8:30pmCADIvey PMI5151.4
 USDISM Services PMI5556.5
 USDFactory Orders m/m-0.0090.01
9:45pmUSDFOMC Member Cook Speaks 
MAJOR EVENTS & DATAS TODAY (6/JAN/2023)

UPDATED BY GENIUS COMMODITY

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CommodityResistanceSupport
Gold55766.954813.1
Silver6894467212
Crude Oil6201.96094.1
Natural Gas320.9299.1
Copper731.4712
Zinc272.5267.7

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