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Commodities trading outlook: gold, silver and copper futures

June 13, 2014 1:29 pm
Gold and silver futures were little changed during afternoon trade in Europe today, after safe-havens advanced confidently yesterday, as Iraq witnessed heavy fighting. Meanwhile, copper futures were up, boosted by steady industrial output gains in China. Gold futures for delivery in August traded for $1 272.8 per troy ounce at 13:27 GMT on the COMEX […] Read more

Commodities trading outlook: crude oil and natural gas futures

June 12, 2014 2:54 pm
WTI and Brent futures continued to advance during midday trade in Europe today, boosted by violence in Iraq and the reported drop for US crude oil inventories. Investors shrugged off some worse-than-expected US data earlier. Meanwhile, natural gas futures soared, as the US posted weekly figures on blue fuel stockpiles levels. West Texas Intermediate futures […] Read more

Commodities trading outlook: gold, silver and copper futures

June 12, 2014 12:50 pm
Gold and silver futures were higher during midday trade in Europe today, as the US posted key readings on the economy. Stocks closed lower on Wednesday, for only the fourth daily loss in the last eighteen sessions on Wall Street. Meanwhile, copper futures continue downwards amid a copper-related fraud investigation in top-consumer China. Gold futures […] Read more

Natural gas trading outlook: futures add ahead of US inventories report

June 12, 2014 9:09 am
Natural gas futures were higher during morning trade in Europe today, ahead of the weekly US gas inventories levels report. Analysts expect another sizable injection, after a cooler pattern over the US lowered power demand outlooks, and power plants account for 30% of US consumption. Front month natural gas futures, due in July, added 0.44% […] Read more

Gold trading outlook: futures steady ahead of US retail sales report, stocks lower

June 12, 2014 7:49 am
Gold futures were largely unchanged during morning trade in Europe today. The US will reveal retail sales for May later today, a key indicator, followed closely by investors. Wednesdays Wall Street session recorded losses for stocks, after five straight sessions of record-highs. Gold futures for delivery in August traded for $1 261.5 per troy ounce […] Read more

Commodities trading outlook: crude oil and natural gas futures

June 11, 2014 2:50 pm
WTI and Brent futures were slightly higher during afternoon trade in Europe today, as the US posted weekly oil inventories supply levels. Later in the week, several key indicators for top oil-consuming economies are due. Meanwhile, natural gas futures were also higher, ahead of the US gas inventories levels report, due tomorrow. West Texas Intermediate […] Read more