June 3, 2014 7:09 am
WTI and Brent futures were slightly higher during early trade in Europe today, as China reported mixed economic data. Previously, crude contracts dropped some on Monday, despite robust data from top-consumer US. Several more reports from top oil-consuming economies are due today and later in the week. Elsewhere, Ukraine will be in the focus of […]
Read moreJune 2, 2014 2:38 pm
Gold futures were relatively leveled during midday trade in Europe today, while silver gained, as the US posted somewhat disappointing factory data. Earlier, the EU also revealed slowing expansion of industrial activities. Meanwhile, copper futures capitalized on growing factory activities in top-consumer China. Crucial reports are due this week, including payrolls in the US and […]
Read moreJune 2, 2014 1:12 pm
WTI futures were leveled during midday trade in Europe today, while Brent had logged minor losses. Improving outlooks from China were not enough to overcome the build up in crude supplies, reported last week. However, the US economy continues to fuel positive sentiment for oil demand. Meanwhile, natural gas futures traded higher, as investors bet […]
Read moreJune 2, 2014 12:08 pm
Grains futures traded lower today, ahead of the US weekly crops progress report due later today. Mostly dry weather probably made possible big advances for planting activities last week, while some showers in the southwestern Plains brought relief for the heat-weary crops, after the prolonged drought. Wheat futures for July delivery on the Chicago Board […]
Read moreJune 2, 2014 10:02 am
Natural gas futures traded higher during early hours in Europe today, after logging a sizable gain last week. Traders have had expectations of growing power demand in the US, which consume more than 21% of natgas supply, for some time, in light of rising temperatures. However, inventories scored the biggest injection in five years, a […]
Read moreJune 2, 2014 8:21 am
Gold futures were steady during early hours in Europe today, while silver logged some limited gains, ahead of economic reports. Previously, stocks reached all-time highs last week, supported by robust economic data from the US. Elsewhere, Ukraine saw renewed battles early on Monday, after some of the fiercest and deadliest fighting last week. Gold futures […]
Read moreJune 2, 2014 7:01 am
WTI and Brent futures traded higher during early hours in Europe today, after China reported improving factory outlooks on Sunday. Last week a number of positive US reports boosted sentiment, though a sizable gain in supplies was enough of pressure contracts lower for the week. Elsewhere, Ukraine saw renewed battles early on Monday, after some […]
Read moreJune 1, 2014 6:12 am
WTI and Brent futures closed the week for sizable losses, after the US, which consume more than 21% of all oil, recorded gains in supplies, pressuring crude contracts. However, gasoline demand seems to be picking up ahead of summer driving season, and the US economy has been quite supportive of oil outlooks, with US stocks […]
Read moreMay 31, 2014 5:38 am
Gold and silver futures recorded significant losses this week, pressured by improving readings on the US economy. US stocks closed for all-time highs, fomented by confidence in the economy, which in turn lowered the investment appeal of havens. Elsewhere, Ukraine is still gripped by a bloody conflict, but traders seem to shrug off the possibility […]
Read moreMay 30, 2014 1:23 pm
WTI and Brent futures were headed for weekly losses during midday trade in Europe today, pressured by growing supplies in top-consumer US. Economic outlooks remain positive, but fundamentals weighed on investors sentiment. Elsewhere, Ukraine remains as potential support. Meanwhile, natural gas futures were on course for a sizable weekly gain, amid rising temperatures in the […]
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