Economic Data December 21, 2015 Country Economic Data Actual Expected Previous JPY All Industry Activity Index M/M Oct 1.00% 0.80% -0.20% JPY BoJ Monthly Report EUR German PPI M/M Nov -0.20% -0.20% -0.40% EUR German PPI Y/Y Nov -2.50% -2.50% -2.30% GBP CBI Reported Sales Dec 19 20 7 EUR Eurozone Consumer Confidence Dec A -6-6 -6 Country Economic Data Actual Expected Previous GBP GfK Consumer Sentiment Dec 2 2 1 CNY Conference Board Leading Index 0.60% 0.60% CHF Trade Balance (CHF) Nov 3.82B 4.16B EUR German GfK Consumer Sentiment Jan 9.3 9.3 GBP Public Sector Borrowing (GBP) Nov 11.9B 7.5B USD GDP (Annualized) Q3 T 1.90% 2.10% USD GDP Price Index Q3 T 1.30% 1.30% USD House Price Index M/M Oct 0.40% 0.80% USD Existing Home Sales Nov 5.32M 5.36M Recap Comex % DEC5 1066.2 1081.9 1070.2 1081.5 1070.2 15.7 1.47 JAN6 1065.0 1080.6 1065.2 1080.9 1063.3 15.6 1.46 FEB6 1065.0 1080.6 1065.2 1081.4 1063.1 15.6 1.46 APR6 1065.7 1081.3 1065.9 1081.5 1065.9 15.6 1.46 JUN6 1066.5 1082.2 1066.9 1082.4 1066.9 15.7 1.47 Spread JAN6 FEB6 APR6 JUN6 DEC5 1.3 1.3 0.6-0.3 JAN6 - -0.7-1.6 FEB6-0.7-1.6 APR6-0.9 DGCX % FEB6 1064.0 1079.2 1068.0 1081.1 1066.6 15.2 1.43 1251 68.60 1017-211 APR6 1064.8 1080.0 1069.0 1078.8 1069.0 15.2 1.43 21-38.24 27 2 Change = -209 1
SHFE % JAN6 221.5 223.9 223.0 224.6 223.0 2.4 1.08 FEB6 221.7 222.9 221.6 224.7 221.6 1.2 0.52 MAR6 222.5 223.5 224.0 225.9 220.8 1.0 0.45 APR6 224.3 224.4 223.5 226.0 223.3 0.1 0.04 JUN6 224.2 225.9 224.6 227.5 223.9 1.7 0.74 MCX % FEB6 25082 25385 25173 25413 25130 303 1.21 15333-9.16 5538-21 APR6 25208 25513 25299 25532 25270 305 1.21 221-14.34 503-1 JUN6 25224 25650 25650 25650 25650 426 1.69 1-66.67 18-1 AUG6 25274 25274 - - - Unch - - - 5 Unch OCT6 25420 25420 - - - Unch - - - - - Change = -23 Spread APR6 JUN6 AUG6 OCT6 FEB6-128 -265 111-35 APR6-137 239 93 JUN6 376 230 AUG6-146 Recap Comex % DEC5 14.080 14.301 14.105 14.300 14.105 0.221 1.57 JAN6 14.067 14.287 14.130 14.300 14.070 0.220 1.56 FEB6 14.081 14.301 14.115 14.300 14.115 0.220 1.56 MAR6 14.096 14.315 14.110 14.330 14.045 0.219 1.55 MAY6 14.128 14.348 14.145 14.360 14.135 0.220 1.56 Spread JAN6 FEB6 MAR6 MAY6 DEC5 0.014 - -0.014-0.047 JAN6-0.014-0.028-0.061 FEB6-0.014-0.047 MAR6-0.033 DGCX % MAR6 14.090 14.290 14.150 14.300 14.070 0.200 1.42 128 23.08 568 16 2
SHFE % JAN6 3177 3207 3177 3222 3176 30 0.94 FEB6 3182 3222 3184 3238 3181 40 1.26 MAR6 3207 3230 3209 3244 3209 23 0.72 APR6 3229 3239 3232 3263 3231 10 0.31 MAY6 3238 3264 3243 3295 3240 26 0.80 MCX % MAR6 33933 34301 34033 34350 33874 368 1.08 22721-7.07 12064-532 MAY6 34324 34698 34425 34737 34250 374 1.09 249-12.94 562 28 JUL6 34406 34890 34810 35049 34810 484 1.41 3-72.73 16 Unch SEP6 34461 34461 - - - Unch - - - 12 Unch Change = -504 Spread MAY6 JUL6 SEP6 MAR6-397 -589-160 MAY6-192 237 JUL6 429 edged up on Monday, adding to sharp gains from the previous trading session, as weakness in the dollar and equities helped the metal recoup some losses from a U.S. interest rate hike last week. Concerns that demand for non-interest-paying bullion will take a hit from the rate hike continue to cast a shadow, and will likely limit any rally in gold. Some follow-through technical buying was seen from Friday s gains, and some short covering in the futures market was also featured. The metal saw some safe-haven bids on Friday after global equity markets fell sharply as slumping oil prices raised concerns about slower growth, while the dollar slipped against the yen on views the Bank of Japan may not ease policy as much as expected. Crude oil prices are still a focus in the marketplace to start this holiday-shortened trading week. Nymex crude oil futures were weaker Monday and dropped to a nearly seven-year low overnight. Brent crude oil prices overnight hit an 11-year low. The Dollar steadied against the Euro on Tuesday after dipping against the common currency on an inconclusive Spanish election result, while traders looked to U.S. data later in the day for direction. Markets will look for trading catalysts from U.S. data, including revised third quarter GDP and housing price indicators, due later in the day. Holdings of SPDR Trust rose 2.98% to 648.92 MT on Friday from Thursday, while that of ishares Trust fell 0.44% during the same period. COMEX Trust (IAU) Total MT in Trust: 155.87 MT: No change from yesterday s data. Trust (SLV) Total MT in Trust: 10,017.81 MT: -44.46 MT change from yesterday s data. Indian and ends firm, tracking weak overseas prices on Monday. spot rate in India was quoted at Rs. 25,590/10 Grams for 24 carat purity, while spot rate was quoted at Rs. 34,035/Kg. 3
Exchange deliverable stock position of and at MCX approved warehouses Commodity 18-Dec-15 19-Dec-15 56.00 56.00 16,951 16,951 Quantity Delivered in Kgs in December 2015 on MCX platform Commodity Total 814 85,860 LBMA AM and PM Fix Date AM PM 21-Dec-15 1071.15 1078.75 18-Dec-15 1055.25 1062.50 Commitment of Traders - 12/8/2015-12/15/2015 Non-Commercial Commercial Non-Reportable Weekly Weekly Weekly Position Position Position Change Change Change Futures 13,656-5,967-8,266 5,731-5,390 236 and Options 20,313-4,184-15,769 3,775-4,544 409 and Options - Disaggregated NaN NaN NaN NaN NaN NaN Futures 15,577-5,683-23,542 7,485 7,965-1,802 and Options 14,268-5,815-22,608 7,511 8,339-1,696 and Options - Disaggregated NaN NaN NaN NaN NaN NaN 4
COMEX February (1077.3) MCX February (25385) Trade Recommendations None. OUTLOOK could trade range bound to firm. Weak US Dollar could also support upside. Investors will cues from US GDP data due today. Support is at 1069.3 and 1057.2. Resistance is at 1089.3 and 1097.9. MCX could remain range bound to firm, tracking firm overseas prices. Stronger Rupee could keep upside limited. Support is at 25212 and 24951. Resistance is at 25523 and 25751. 5
COMEX March (14.25) MCX March (34301) Trade Recommendations None. OUTLOOK Comex could trade range bound to firm. Weak US Dollar could also support upside. Support is at 14.19 and 14.03. Resistance is at 14.38 and 14.65. MCX could remain range bound to firm, tracking firm overseas prices. Stronger Rupee could keep upside limited. Support is at 33842. Resistance remains at 34443. A break above could push prices to 34850 levels. 6
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