TODAY COMMODITY MARKET FUNDAMENTALS NEWS & LEVELS UPDATE 17 JULY 2017.

Commodity Opening Bell Bullion -

Opens on positive Note Gold -28040-28050 Silver -37160-37200

Energy - Opens on positive Note Crude Oil -2995-3000 Natural Gas -192.80-193

Base Metals - Opens on positive Note Copper -385-385.50 Nickel -616-617 Lead -148.50-148.70 Zinc - 181-181.10 Aluminium -123.50-123.80

CAPITAL WAYS COMMODITY SERVICES

COMMODITY MARKET REPORT:-

Precious metals are trading higher on COMEX today. We expect prices to trade range bound for the day as the dollar fell to multi-month lows following weak economic data from the United States that has diminished the outlook for aggressive rate hikes from the U.S. Federal Reserve.

Industrial metals are trading higher on International bourses today. We expect prices to trade range bound for the day, supported by a weaker dollar and an upbeat second quarter for China's economy which brightened demand prospects for metals.

Crude oil is trading higher on NYMEX today. We expect prices to trade range bound for the day, supported by a slowdown in new rigs looking for crude and a perception of strong demand.