BULLION
President Donald Trump criticized the Federal Reserve in an interview with CNBC saying he's not thrilled with rate hike decisions that lead to a stronger dollar while China's Yuan falls like a rock. He commended Fed Chair Jerome Powell as a good man adding he won't intervene into the Feds actions with the remarks overall weighing on the dollar on currency war concerns. Recently, the World Gold Council reported a 7% drop in global demand in the first quarter of 2018 to 973.5 tonnes the lowest since the first quarter of 2008 as investments fell 27% on the precious metal to 287 tonnes from 383 tonnes in the first quarter of 2017. 
ENERGY
Oil prices gained on Friday after Saudi Arabia's OPEC governor said the kingdom's exports are likely to fall next month and inventories may be squeezed in the third quarter.Brent oil rose 22 cents, or 0.3 percent, to $72.80 by 0034 GMT after falling 32 cents on Thursday.U.S. West Texas Intermediate was up 51 cents, or 0.7 percent, at $69.97, extending a 1 percent gain in the previous session.

The Energy Information Administration released its report on US natural gas inventories, showing a buildup of 48 billion cubic feet in the week ending July 13, adding to a 51B buildup in the previous reading, while analysts expected a 58B increase.
Base Metals
Base metal prices on the London Metal Exchange closed down across the board on Thursday July 19, with zinc and lead recording the largest percentage drops amid news of a stronger US dollar and a lack of positive updates on the trade war front.Higher raw material costs and cuts to electric vehicle subsidies are expected to squeeze the profit margins of Chinese battery manufacturers.
SPICES

Jeer found very strong Resistance near the 19000 mark last week even as long term trend remains Bullish. Rising export and domestic demand amidst falling stocks in domestic and International markets kept supporting prices. Near term view remains positive overall.
Turmeric is Better sowing prospect reports from good rains in growing states had pressurized prices. Ready demand in mandis improved in major mandis however resulted in smart gains with prices turning significantly cheaper buying interest might be robust like previous day.

OILSEEDS
Impositions of 15% additional margin on the Buy and Sell side to check the high volatility could see Mentha prices cooling off temporarily even as overall sentiments remain firm. Recent rains in growing regions in UP have reportedly adversely affected the harvesting leading to firmness in prices.
For the current month we expect Aug soya oil to experience unlikely to sustain below 740, and for the current week strong resistance will be seen near 760. Speaking about palm oil the near term trend seems now seems better since lowering price levels have made this oil highly competitive in the edible oil segment as it has turned significantly cheaper than all other major oils.

GUAR COMPLEX
Guar kept trading firm even as moderate rains are noted in growing areas in Rajasthan. There are apprehensions that the bearish impact of Monsoon rains may well be over. With prices having fallen a lot and are at very low levels traders anticipate further fall to be limited.
OTHERS

Although was some profit taking at higher levels after two days of sharp gains, buying interest remained impressive in the futures market. Overall spot demand is expected to remain healthy in coming weeks. Buying interest shall remain better also because futures are currently trading at a significant discount to spot prices .
Spot prices are quite cheaper now, therefore demand prospects is most likely to improve - at least in near term. Besides recent news of China removing import duty for soymeal from India will be seen as a booster for prices since this will be an incentive for rise in export prospects of domestic soymeal.

COPPER

Last week Copper started week on negative note and continue its negative trend for entire week. It made a low of 409.55 and closed at the level of 420.30 with marginal loss of 0.56% on weekly basis. On its weekly chart market formed hammer formation indicating bullish trend for short term to mid term basis, also if we observe the previous chart we can found that the level of 420 acted as a strong support level in Copper. For this week if market break the level of 423 one can make buy position for the target of 433 with stop loss of 413.
LEAD
From last couple of trading days market is trading in range between the 149 to 145 and making higher highs on its daily chart indicating short term up trend. Last week market closed with the marginal loss of 3% and for this week technically market trading above its resistance trend line with positive RSI. If market break the level of 147.20 we can expect positive movement to the level of 152 and then 155 with Stop loss of 145.90

Castorseed

On its daily chart market is forming bullish flag pattern supported by the positive RSI. From last couple of trading weeks market is trading with positive sentiment and sustaining near the level of 4600 and we strongly believe that market can continue its bullish trend for this week also. If market break the level of 4610 on upside then it can test the level of 4710 and then 4800. One can make the buy position with Stop loss of 4555.
COCUDAKL
Last week COCUDAKL Aug Futures started the week on positive note but found enough resistance neat the level of 1830. It made a high of 1829 during the week and closed at on 1799 with the overall gain of 0.53% on weekly basis. Market is resist by the level of 1800 and facing selling pressure on higher level. For this week, if it breaks the level of 1730 on the downside then it can test the level of 1580 during the week. One can make sell position in it by maintaining a SL 1785.
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