INTERNATIONAL COMMODITY NEWS :
Crude oil prices fell in Asia on Wednesday despite U.S. industry data on oil inventories that showed solid draw downs in refined products and a better than expected manufacturing survey from HSBC (LONDON:HSBA) on China. U.S. crude oil stocks rose by 5.2 million barrels last week, according to data from the American Petroleum Institute, while distillate supplies fell 18,000 barrels and gasoline inventories dipped 4.1 million barrels. The data is a guide to more closely watched figures for the same period due from the U.S. Department of Energy later Wednesday.
TRADING STRATEGY :
BUY GOLD ABOVE 1192 TARGET 1197 1203 SL 1186
SELL GOLD BELOW 1178 TARGET 1173 1167 SL 1184
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Crude oil prices fell in Asia on Wednesday despite U.S. industry data on oil inventories that showed solid draw downs in refined products and a better than expected manufacturing survey from HSBC (LONDON:HSBA) on China. U.S. crude oil stocks rose by 5.2 million barrels last week, according to data from the American Petroleum Institute, while distillate supplies fell 18,000 barrels and gasoline inventories dipped 4.1 million barrels. The data is a guide to more closely watched figures for the same period due from the U.S. Department of Energy later Wednesday.
TRADING STRATEGY :
BUY GOLD ABOVE 1192 TARGET 1197 1203 SL 1186
SELL GOLD BELOW 1178 TARGET 1173 1167 SL 1184
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my KLSE, KLSE exchange, KLSE Malaysia, KLSE stock Market, KLSE stock picks, KLSE Stock Recommendations, malaysia KLSE Stock market, Malaysia latest news update
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