Articles by: Veselin Valchev

Natural gas trading outlook: futures recover some losses; supplies pressured the fuel below a 2-month high

Early European trading saw front month natural gas regain some of last sessions losses, when a report on significant gains in supplies in top consumer US prompted bearish trade. Weather reports project a slightly cooler weather over most of the northern and eastern states. Front month natural gas futures, due in June, added 0.59% at […] Read more

Gold trading outlook: futures remain stable at low levels amid confident US

Gold contracts traded even with last sessions close during early European trading today. The precious metal is pressured by the improving US economy and dropped again yesterday, for a fourth consecutive day. Gold futures due in June traded for $1 283.7 per troy ounce at 7:58 GMT on the COMEX in New York today, adding […] Read more

Crude oil trading outlook: futures steady after losses on growing supplies in the US

Crude oil contracts orbited yesterdays close during early trading in Europe today. Both West Texas Intermediate and Brent continued to lose on Thursday, after a significant build-up in supplies in the US was reported on Wednesday. West Texas Intermediate futures for delivery in June traded for $99.52 per barrel at 7:17 GMT on the New […] Read more

Commodities trading outlook: gold, silver and copper futures

Gold and silver futures fell for a fourth straight session during trading in Europe today, amid official optimism about the US economy. Meanwhile, copper futures marked a drop, as outlooks of an improving dollar added to bearish data from China. Gold futures due in June traded for $1 278.4 per troy ounce at 13:42 GMT […] Read more

Commodities trading outlook: crude oil and natural gas futures

Crude oil futures kept dropping before noon in Europe today, as growing supplies in the US weighed on prices in addition to bearish economic data from the US and China. Natural gas contracts also slid, as expectations on big gains in US stockpiles outweigh forecasts of cooler weather over most of the States. West Texas […] Read more

Natural gas trading outlook: futures decline ahead of data on US supply; cold weather over most of the US

Natural gas futures traded bearishly during early hours in Europe, as the market is expecting the weekly report on blue fuel stockpiles in the US to show a sizable gain in inventories. An extended period of cooler-than-usual weather over the eastern half of the US drove prices to 2-month highs. Front month natural gas futures, […] Read more

Gold trading outlook: futures continue downward ahead of Fed Chair conference, employment, manufacturing PMI

Gold extended its slide during early European trading, after a turbulent session yesterday, which closed on-par with the previous. Later today Federal Reserve Chairwoman Janet Yellen will speak. Data on employment and manufacturing activity for the US is also expected. Gold futures for delivery in June traded for $1 283.1 per troy ounce at 8:40 […] Read more

Crude oil trading outlook: crude oil futures steady after drops on all-time-high US supplies yesterday

West Texas Intermediate contracts orbited the last close during early trading hours in Europe today, after yesterday news of record-high crude oil supplies in the US hit the brand to drop near a month-low. Brent was also pressured by the news, but support by a deepening conflict in Ukraine capped losses to much less than […] Read more

Commodities trading outlook: crude oil and natural gas futures

Both West Texas Intermediate and Brent futures declined on Wednesday, as the US governments report on stockpiles pressured both contracts. Meanwhile, natural gas futures dropped during early trading in Europe today, after reaching the highest price since winter on Tuesday. West Texas Intermediate futures for delivery in June traded for $99.80 per barrel at 14:57 […] Read more

Commodities trading outlook: gold, silver and copper futures

Expectations of reduced monetary stimulus in the US, following the Feds meeting, pressured gold today, before a report of worse-than-expected growth in the US boosted the precious metal. Silver also recorded losses. Meanwhile, copper was orbiting yesterdays close, before the GDP report hit hard on the industrial metal. Gold futures due in June traded for […] Read more