Articles by: Veselin Valchev

Natural gas trading outlook: futures climb ahead of US storage report

Natural gas futures were to the upside during morning trade in Europe today, as investors eye the upcoming EIA weekly natgas report. A set of cooler US-bound systems were also on the radar, as early heating hype has gripped some traders. Front-month natural gas futures for settlement in November on the New York Mercantile Exchange […] Read more

Gold trading outlook: futures steady ahead of ECB, US payrolls

Gold futures were little changed during morning trade in Europe today, as investors were wary of big moves ahead of a key ECB meeting and the release of US payrolls data. The precious metals complex was pressured to multi-year lows by the strong dollar earlier this week. Gold futures for December delivery on the Comex […] Read more

Crude oil trading outlook: WTI and Brent futures extend slump

WTI and Brent futures slid further into the red during morning trade in Europe today, widening losses amid worries on steady Saudi output outlooks. A bullish EIA report was not enough to keep crude in the black Wednesday, with supply worries erasing more than 2% off crude late in the session. WTI futures for November […] Read more

Crude oil trading outlook: WTI futures climb after bullish EIA report

WTI futures extended gains this session, after the US reported a sizable draw across all oil products last week, boosting supply-demand outlooks for the worlds top oil-consuming economy. WTI futures for November delivery on the New York Mercantile Exchange traded at $92.22 per barrel at 14:52 GMT today, up 1.16% for the day. Prices had […] Read more

Commodities trading outlook: crude oil and natural gas futures climb

WTI and Brent futures were still on the upside during midday trade in Europe today, after the shock slump late Tuesday, as investors eye EIAs weekly oil report. Meanwhile, natural gas futures also rose after the moderate losses on Tuesday. WTI futures for November delivery on the New York Mercantile Exchange traded at $91.99 per […] Read more

Commodities trading outlook: gold, silver and copper futures

Gold futures remained in the red during midday trade in Europe today, but still above the key $1 200 resistance level, as investors eye more data later this week. Meanwhile, copper futures were upbeat, supported by slightly better-than-expected data from China. Gold futures for December delivery on the Comex in New York traded at $1 […] Read more

Natural gas trading outlook: futures climb as EIA report eyed

Natural gas futures climbed during early trade in Europe today, paring some of Tuesdays moderate losses. Traders have priced in a moderately bullish cool Canadian system, due to impact US temps this week, and now look to US natgas inventories for further direction. Front-month natural gas futures for settlement in November on the New York […] Read more

Gold trading outlook: futures edge lower ahead of key data

Gold futures dropped during early trade in Europe today, hovering near a ten-month low, as investors looked to key US data and an upcoming ECB meeting to further reinforce dollars strength. The whole precious metals complex was weighed on for sizable quarterly losses by the strong greenback. Gold futures for December delivery on the Comex […] Read more

Crude oil trading outlook: WTI and Brent futures pare slump, data eyed

WTI and Brent futures turned to the upside with modest support from China this morning in Europe, after logging the worst session in almost about a year on Tuesday, with both benchmarks sliding deep in the red. Investors eye more economic and supply data for further direction. WTI futures for November delivery on the New […] Read more

Commodities trading outlook: gold, silver and copper futures slide on strong dollar

Gold and silver futures were again on the losing side during midday trade in Europe today, as a disappointing gauge on US consumer sentiment failed to pare the dollars recent rally. Meanwhile, copper futures were also in the red, as investors priced in a below-par China factory reading. Gold futures for December delivery on the […] Read more