June 4, 2014 1:07 pm
Gold and silver futures traded higher during midday trade in Europe today. However, any big moves are saved for the rest of the week, as crucial reports are expected. Tomorrow the European Central Bank (ECB) will reveal its interest rate decision, which will impact the euro, and consequently the dollar and havens. On Friday the […]
Read moreJune 4, 2014 11:37 am
Grains futures traded moderately higher during midday trade in Europe today. Yesterday contracts priced in the significantly improving outlook for US crops, reported on Monday. Weather conditions remain largely favorable. Weather reports forecast frequent, though scattered showers throughout the Midwest this week, which could potentially disrupt fieldwork, to slow remaining planting and possibly force some […]
Read moreJune 4, 2014 9:11 am
Natural gas futures were little changed during early trading in Europe today. Traders will probably hold off big deals until the US Energy Information Administration reveals weekly natural gas inventories gains tomorrow. Meanwhile, weather patterns over the US project some mixed weather, with plenty of both cool and heat throughout. Front month natural gas futures, […]
Read moreJune 4, 2014 8:23 am
Gold and silver futures traded slightly higher during early hours in Europe today, after logging insignificant gains the previous session. Investors are now awaiting a crucial ECB interest rate decision due tomorrow, and key US data on employment, through reports today and on Friday. Gold futures for delivery in August traded for $1 246.3 per […]
Read moreJune 4, 2014 7:09 am
WTI and Brent futures traded slightly higher during early hours in Europe today, ahead of the US weekly stockpiles report. Later today, the Eurozone will also post readings on GDP growth and services PMI, before an imperative interest rate decision tomorrow. The US will also reveal employment data and services PMI. West Texas Intermediate futures […]
Read moreJune 3, 2014 2:22 pm
WTI futures traded largely on level with the previous close during midday trade in Europe today, while Brent lost some ground. The US logged factory orders above expectations, while China reported some mixed data earlier in the day, before the EU posted disappointing CPI. Meanwhile, natural gas futures continued to advance, boosted by warmer weather […]
Read moreJune 3, 2014 1:34 pm
Gold and silver futures were steady during midday trade in Europe today, ahead crucial economic data later this week. Previously, stocks reached record highs on Monday, driven by improving outlooks for the US. Meanwhile, copper futures fell, pressured by HSBCs manufacturing data for China. Gold futures for delivery in August traded for $1 243.4 per […]
Read moreJune 3, 2014 12:12 pm
Natural gas futures traded higher during midday trade in Europe today, after logging a sizable gain on Monday, with support from rising US temperatures. Weather reports project more heat for the US, which consume more than 20% of all natural gas. Previously, the energy source logged a big weekly gain on Friday, despite the most […]
Read moreJune 3, 2014 10:21 am
Chicago grains futures traded lower during early hours in Europe today. Yesterday the US Department of Agriculture (USDA) released the weekly report on crops, which revealed planting had progressed very well, pressuring wheat and corn. Soybeans advanced, supported by a surge in exports from the US. Weather reports forecast frequent, though scattered showers throughout the […]
Read moreJune 3, 2014 8:14 am
Gold and silver futures traded higher during early hours in Europe today, ahead of more economic reports from the US and EU, and high-level talks on Ukraine. Yesterday precious metals were pressured, as stocks continued to grow, in light of an upward correction of the US manufacturing PMI for May by ISM. Gold futures for […]
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