KEDIA DAILY REPORT AS ON 24022010

Kedia Stocks and Commodities

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 Gold settled lower after weaker-than-expected U.S. economic data sapped desire for riskier holdings and encouraged buying of the dollar. Silver faltered with gold and copper. The metals declined as risk appetite waned following weaker-than-expected U.S. consumer confidence data.


Crude oil fell over a percent as consumer confidence turned sour and the dollar strengthened, pressuring oil after a five-day winning streak. Natural gas ended lower on expectations for mild weather that could stifle natural gas heating demand.

 
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