Natural Gas is trading at $2.772, 0.09% up since previous day close. The Natural Gas inches up on Friday after trading on lower side in the previous session. The U.S Energy Information Administration (EIA) report showed a rise in Natural Gas inventory level by 32B against the expected build-up of 28B.  This showed higher storage & supply levels & hence, weigh down the prices. Last week, the report showed a lesser build-up in Natural gas inventory levels by 18B against the expected rise of 36B. The frequent change in weather conditions in U.S & European regions affects the consumption demand of heating fuels & makes the commodity impulsive. Buying bias may be recommended for the day in Natural gas since the commodity is hovering above the Moving Averages.

COPPER traded at $8522 .3, 0.31% up since previous close. A gap-u[ opening can be seen in Copper prices on Friday post release of better than expected Caixin Manufacturing PMI figures which increases the consumption demand of copper; for China is a major consumer of base metals. Earlier, the China announced new measures to support the stock market & property sector; which again boosted up the metals. The weaker ADP Employment Change data & forthcoming U.S NFP figures restricted the gains in USD & hence, strengthened the base metals. As seen in the chart, the Copper successfully crossed over the MA (100) & short-term MA (10) & MA (20) which indicates the chances of strong upside if sustained the levels on daily basis.