Articles by: Veselin Valchev

Commodities trading outlook: gold, silver and copper futures

Gold dropped on news that the US pending home sales figure recorded a significant improvement, which raised positive sentiment for the economy, and pressured gold. Silver shifted with the yellow metal. Copper remained steady, supported by US data and outlooks of improving demand in the worlds top industrial metals consumer China. Gold futures due in […] Read more

Commodities trading outlook: Crude oil and natural gas futures

Brent remained near $110 per barrel during midday trading in Europe, supported by Ukraine, while West Texas Intermediate made slight gains. Natural gas rallied on expected higher fuel consumption in the US, with both heating and cooling demand forecast to be above-average. West Texas Intermediate futures for settlement in June traded for $101.14 per barrel […] Read more

Copper trading outlook: futures remain steady as US data is expected, Chinese demand grows

Copper kept the recent steady up-beat during the first half of Europes trading day, as investors eye a report on pending home sales in the US later today. Later in the week a number of indicators for the US will be released, with solid positive outlooks for the worlds top economy. Meanwhile, demand in China […] Read more

Natural gas trading outlook: futures add on cool over the Midwest and East, the West will heat-up

Natural gas grew steadily during early trading in Europe, after a severe storm rampaged through much the central US. Weather reports projected an extended period of cold for the central and eastern states, while the West will see higher power demand due to a heatwave, strengthening support for the blue fuel. Rising storage inventories in […] Read more

Gold trading outlook: futures keep bullish trend over Ukraine, crucial US reports this week

Gold futures continued to steadily gain during early hours in Europe, as growing tensions in Ukraine stoke prices. Investors are keenly waiting on a number of important reports on the US economy this week, with expectations projecting a better picture for the US economy, bearing on the precious metal. Gold futures due in June traded […] Read more

Crude oil trading outlook: futures advance with the conflict in Ukraine, the West prepares more sanctions

Both West Texas Intermediate and Brent futures gained during early European trading on Monday. The deepening of the crisis in Ukraine spells fears over security of supplies from Russia – the worlds top energy producer. Diplomats from the US and EU will meet later today to discuss intensifying the sanctions against Moscow. Meanwhile, the record-high […] Read more

Gold trading outlook: futures gain on Ukraine, data from the US next week

Gold gained on Fridays session close as the conflict in Ukraine deepens. Readings on a number of significant economic indicators for the US are to be released next week and are expected to reveal an improving climate for the worlds largest economy, pressuring gold in the long term. Gold futures due in June closed for […] Read more

Natural gas trading outlook: futures kept losing on Friday due to stockpiles, weather reports bullish

Natural gas continued to slide on Friday, keeping momentum after a bearish report on US storage levels on Thursday. Cooler weather expectations supported prices, as the next few days and weeks are predicted to register below-average temperatures for much of the US. Natural gas futures due in June lost 1.38% at the new York Mercantile […] Read more

Commodities trading outlook: natural gas and crude oil futures

Brent folded some gains on Fridays session in Europe, after a sharp exchange of words on Thursday, following the deaths of pro-Russian separatists in Ukraine pushed crude up. Meanwhile, West Texas Intermediate dropped, pressured by a bearish report on US stockpiles, after also gaining some on Ukraine yesterday. Natural gas continued dropping after a bearish […] Read more

Commodities trading outlook: Gold, silver and copper futures

Gold extended gains on worries about Ukraine while silver remained steady during European trading today. Russian President Vladimir Putin warned the pro-western interim government in Kiev of “consequences” yesterday, after reported killings of at least 5 militants in the eastern parts of the country, immediately driving gold to reverse earlier losses on upbeat data from […] Read more