Commodity Outlook for Jeera by KediaCommodity

JeeraJeera ended weak as increased arrivals were noted amidst moderate demand. There are expectations of exports increasing in coming weeks but arrivals of the new crop are pressurizing prices. Trend likely to remain volatile in the coming days depending on the arrival and demand figures in mandis. Strengthening of Dollar vs Re can support the export demand that traders expect will rise in coming weeks. March contract dropped Rs 71 and settled at Rs 11560 a kg. The contract made intraday low of Rs 11540 a kg and high of Rs 11725 a kg. Support for jeera is at 11492 below that could see a test of 11423. Resistance is now seen at 11677 above that could see a resistance of 11793.

$15 billion measure to spur employment voted in by the U.S. Senate

$15 billion measure to spur employment voted in by the U.S. SenateThe debate on a $15 billion measure intended to spur employment was voted in on Monday by the U. S. Senate. The final vote was 62-30.

Democrats were joined in voting by Sen. Scott Brown, R-Mass, who came to the Senate this month after winning a special election to serve the remainder of the late Sen. Ted Kennedy's term to end a Republican filibuster.

Commodity Outlook for Turmeric by KediaCommodity

TurmericTurmeric yesterday showed a moderately bullish trend as improved demand in mandis provided support to the rates. Lower stocks and some demand from North India provided support to the prices. Arrivals remained moderate in the mandis but traders expect demand to rise further in coming weeks that can support the rates. Turmeric yesterday we have seen that market has moved 0.51%. Market has opened at 7405 & made a low of 7347 versus the day high of 7528. The total volume for the day was at 17410 lots and the open interest was at 25460.Support for turmeric is at 7379 below that could see a test of 7272. Resistance is now seen at 7560 above that could see a resistance of 7634.

Inadvertently killing Civilians is not part of NATO mission

Inadvertently killing Civilians is not part of NATO missionA Taliban stronghold town targeted by the current offensive in Afghanistan's Helmand province, Nad Ali, is showing signs of return of "normality", says NATO.

NATO officials faced the grim task of investigating the deaths of several civilians in a NATO airstrike directed against suspected insurgents in a neighboring province, as the 15,000-strong NATO-Afghan Operation Moshtarak (Togetherness) entered its 11thday on Tuesday.

Commodity Outlook for Chana by KediaCommodity

ChanaChana hit contract lows on rising arrivals, ample carry-forward stocks and hopes of higher output.

Credit card reform law to give U.S. consumers more power, says Obama

Credit card reform law to give U.S. consumers more power, says ObamaThe credit card reform law in effect from Monday would give U. S. consumers more power over their finances, President Barack Obama said on Monday.

Obama said in a brief statement commemorating the Credit Card Accountability, Responsibility and Disclosure Act's first day," Today, we are shifting the balance of power back to the consumer and we are holding the credit card companies accountable."

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