Business Standard

Commodity outlook and top two trading ideas by Tradebulls Securities

The yield curve between US two-year and 10-year has widened, signaling that recession may come in 12 to 18 months.

Copper producers face uneven playing field
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Bhavik Patel Mumbai
Weak Chinese Yuan has set the stage for Indian rupee to depreciate till 72.50-72.80. Chinese Yuan is trading at 10 year-low and the Indian market is also witnessing correction which is making rupee vulnerable. Any dips can be bought till 71.40 is not breached on the downside. With trade war spilling into currency war, we don’t expect a Chinese Yuan to come below 7.07. So, expect the rupee to depreciate further from here.

Gold speculators pushed their bullish bets to the highest level since 2016 and to just under the +300,000 contract level. Gold is trading near $1,545 and at the

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First Published: Aug 30 2019 | 7:51 AM IST

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