Articles by: Veselin Valchev

Gold futures weekly recap, September 15 – September 19

Gold futures edged lower this week, after the Fed raised the projected central lending rate by end of 2015, spurring a rally for the dollar, weighing heavily on the precious metal. Gold futures for delivery in December dropped 0.84% on Friday, closing at $1 216.6 per troy ounce, ~1.3% down for the week. Weekly high […] Read more

Crude oil weekly recap, September 15 – September 19

WTI and Brent futures were little changed this week, as investors struggled to find direction amid speculation of a cut in OPEC output and ample global supplies. A pricier dollar also weighed on contracts, though the upbeat economic data also spurred positive sentiment for US demand. WTI crude for delivery in October on the New […] Read more

Commodities trading outlook: crude oil and natural gas futures

WTI and Brent futures were little changed during midday trade in Europe today, heading for minor weekly changes as supply-demand outlooks unsettled the market. Meanwhile, natural gas erased earlier gains and looks to settle the week where it started. WTI futures for October delivery on the New York Mercantile Exchange traded at $92.71 per barrel […] Read more

Commodities trading outlook: gold, silver and copper futures

Gold and silver futures were still on the downside during midday trade in Europe today, as the precious metals feel the pressure of the stronger dollar. Meanwhile, copper futures reversed earlier gains over the past two days, as the stronger dollar and weak US housing data pared optimism after China stimulus. Gold futures for December […] Read more

Natural gas trading outlook: futures headed for weekly gain

Natural gas futures were in bear territory during early trade in Europe today, extending Thursdays slump. The US reported a largely expected, though still quite big, weekly natural gas storage build, projecting a near-complete replenishment of inventories by November, after the last brutally cold winter drained supplies of the heating fuel. Front-month natural gas futures […] Read more

Gold trading outlook: futures headed for weekly loss on Fed outlook

Gold futures were again in the red during early trade in Europe today, as investors priced in Scotlands decision to remain with the UK, paring haven demand. Gold was also still reeling from Feds updated rate outlook, which sent the dollar to a four-year high. Gold futures for December delivery on the Comex in New […] Read more

Crude oil trading outlook: WTI and Brent futures headed for slight weekly gains

WTI and Brent futures were little changed during early trade in Europe today, as investors weigh OPEC supply outlook, after a Saudi official dispelled hopes of an intervention by the worlds top exporter. Meanwhile, a strong dollar pressured commodities across the board. WTI futures for October delivery on the New York Mercantile Exchange traded at […] Read more

Natural gas trading outlook: futures slide on EIA report

Natural gas futures slid under pressure from a US report, which revealed natural gas inventories in the US logged another massive weekly build, continuing the longest run of bearish reports in more than 20 years. Front-month natural gas futures for settlement in October on the New York Mercantile Exchange traded at $3.937 per million British […] Read more