KEDIA DAILY REPORT AS ON 23022010

Kedia Stocks and Commodities

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 Gold faltered as participants sold previously bought positions. The liquidation was coming as the dollar gained ground and there were concerns about further dollar gains. Silver lost ground with gold as investors sold bullish positions as the U.S. dollar firmed.


 


Crude oil recovered its some part of losses on late short-covering and aided by rising gasoline futures. Natural gas slipped pressured by expectations of reduced heating demand in the major gas-consuming regions as winter cold subsides.

 
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