SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :

• Brent up, U.S. crude dips as both post third weekly loss

• Gold at 5-year low on Fed rate rise prospect, traders eye China reserves

• Raw sugar falls further from 8-week high, cocoa pares losses

• Global LNG-Prices firm on burst of Middle East demand

• Russia says to discuss oil markets, Iran with OPEC on July 30

• Crude oil futures lower in European trading hours China June trade seen contracting again

ECONOMY NEWS :

• Oil steadies after week of sharp losses on supply outlook

• Germany’s Wolfgang Schäuble Defends Hardline Stance On Greece

• ECB increases emergency lending to Greek banks

• Canadian boutique adviser INFOR expands reach with acquisition .

• Greek banks ready to open Monday as Merkel urges swift bailout talks

TRADING STRATEGY :
BUY GOLD ABOVE 1109 TARGET 1114 1119 SL 1103
SELL GOLD BELOW 1104 TARGET 1099 1093 SL 1110

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