June 9, 2014 2:12 pm
Gold and silver futures were higher during afternoon trade in Europe today. Stocks continued to gain, as trading opened on Wall Street. Meanwhile, copper futures were lower, amid concerning news from China, ahead of key data later this week. Gold futures for delivery in August traded for $1 254.4 per troy ounce at 14:08 GMT […]
Read moreJune 9, 2014 1:16 pm
WTI and Brent futures continued to climb during afternoon trade in Europe today. Traders seemed to have disregarded alarming data from China and continued to bet bullish. Meanwhile, natural gas futures dropped into the negative, after trading higher earlier. West Texas Intermediate futures for settlement in July traded for $103.54 per barrel at 13:11 GMT […]
Read moreJune 9, 2014 12:00 pm
Copper futures traded lower before noon in Europe today. Data on Chinese foreign trade for May underscored the negative sentiment for the red metal, while a fraud investigation in China is still rattling markets. Key data from China is expected later this week. Copper futures for settlement in July fell by 0.75% to trade at […]
Read moreJune 9, 2014 9:13 am
Wheat futures gained during early trade in Europe today, while corn and soybeans dropped. Traders await the official US Department of Agriculture weekly crops progress report for the seven days through June 8, due later today. “There’s a little bit of concern on the winter crop in the U.S.,” Mark Keenan, head of Asia commodities […]
Read moreJune 9, 2014 8:16 am
Natural gas futures rallied for more gains during early trading in Europe today. On Friday the blue fuel logged a sizable weekly increase, as bulls shrugged off a massive injection for US natural gas inventories. Front month natural gas futures, due in July, added 0.64% at the New York Mercantile Exchange to trade for $4.740 […]
Read moreJune 9, 2014 7:20 am
Gold futures traded slightly higher this morning in Europe. The improving outlook for the US economy boosted stocks to record highs last week, pressuring gold to a four-month low. Investors now eye key data from the US, due later this week. Gold futures for delivery in August traded for $1 254.7 per troy ounce at […]
Read moreJune 9, 2014 6:25 am
WTI and Brent futures traded slightly higher during early hours in Europe today. China, the worlds second-top oil consumer, revealed concerning data on Sunday, but traders continued to bet bullish, backing on robust US economic data, and falling crude oil supplies in the States, ahead of driving season. Investors now eye key economic reports from […]
Read moreJune 8, 2014 11:17 am
Gold futures logged shy gains this week. A plethora of data signaled markets both ways, with the Eurozone unveiling a stimulus plan for the economy, while the US appeared more confident, pushing stocks to record highs. Ukraine was just as troubled, probably even more, ahead of the presidential inauguration on Saturday, but markets shrugged off […]
Read moreJune 7, 2014 1:03 pm
WTI and Brent futures closed the week relatively unchanged. A plethora of data signaled markets both ways, with the Eurozone unveiling a stimulus plan for the economy, while the US appeared more confident. China posted conflicting reports, ahead of key data next week. West Texas Intermediate futures for settlement in July closed for $102.71 per […]
Read moreJune 6, 2014 1:24 pm
WTI and Brent futures were higher during midday trade in Europe today, as the US reported employment data for May. Previously, contracts were little impacted by a reported drop for US oil inventories, and by ECBs interest rate decision. Meanwhile, natural gas futures were lower, after a sizable gain for stockpiles in top-consumer US was […]
Read more