Commodity Updates and Recommendations For 10th March 2017

Market Update:

Commodity Updates and Recommendations For 10th March 2017

commodity market tips By experts

Precious metals prices extended losses to sixth straight session yesterday as the dollar gathered strength on the prospect of a U.S. interest rate hike. Focus today will be on US non-farm payrolls data which will be an indicator of health of US labor market and will help determine outlook for Fed’s monetary policy.

Crude oil prices fell about 2 percent on Thursday, U.S. crude inventories surged much more than expected to record high, stoking concerns a global glut could persist even as OPEC tries to prop up prices with output curbs.

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