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Oil prices dragged lower by falling equity prices






Daily Market Focus by Futures
September 21, 2011

Market Watch
The global equity market is acting as a negative price driver for oil as well as the broader commodity complex as falling equity values are signaling further contractions in the global economy …Read More
The gold market will be scrutinizing reports for any signs of further monetary easing which would give the green light for the market to move higher again…Read More
After the sharp collapse the indices experienced into early August, the major indices have been in corrective mode. This has consisted primarily of a wide trading channel …Read More
Break above 10-Day Price Channel at 1204-1205 last week gives credence to potential for further positive rebounding providing volume underscores strength…Read More
With rising income level of the middle class, the continued external uncertainty and the upcoming festivities, Indian consumers are expected to buy gold as soon as price stabilizes…Read More


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