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Natural gas trading outlook: futures extend gains on strong cooling demand

July 29, 2015 8:45 am
Natural gas rose early Wednesday, jumping for a third day, as very warm to hot conditions across almost the entire US spurred high cooling demand, while the EIA is expected to report tomorrow an inventory build near the average. Gains, however, were limited by forecasts for a comfortable cooling across the US Midwest and Northeast […] Read more

Gold trading outlook: futures steady ahead of FOMC meeting outcome

July 29, 2015 7:25 am
Gold remained in a narrow weekly range, hovering not far off a 5-1/2-year low, as investors awaited the conclusion of the Federal Reserves two-day policy meeting for a timetable on this years expected interest rate hike. Gold futures for delivery in August were up 0.05% at $1 096.7 per troy ounce at 07:02 GMT, shifting […] Read more

Natural gas trading outlook: futures ease with cooling in focus

July 28, 2015 8:43 am
Natural gas fell in early European trading on Tuesday as investors weighted very warm to hot weather across the US in the near term against extended forecasts calling for a cooling across the Midwest and Northeast. Natural gas for delivery in September traded 0.36% lower at $2.778 per million British thermal units at 08:16 GMT, […] Read more

Gold trading outlook: futures steady ahead of FOMC policy meeting

July 28, 2015 7:06 am
Gold held in a narrow range on Tuesday as investors braced for the Federal Open Market Committees two-day policy meeting which is largely expected to confirm an interest rate increase by the end of the year. Gold futures for delivery in August traded 0.02% lower at $1 096.2 per troy ounce at 06:42 GMT, shifting […] Read more

Natural gas trading outlook: futures extend drop on early-August cooling

July 27, 2015 8:55 am
Natural gas fell for a third day in early European trading on Monday as widespread very warm to hot weather was offset by forecasts for a cooling across the northern, central and eastern US in the beginning of August. Natural gas for delivery in August traded 0.50% lower at $2.762 per million British thermal units […] Read more

Gold trading outlook: futures hover near $1 100 with bearish sentiment intact

July 27, 2015 7:31 am
Short covering helped gold rise on Monday after scoring the longest stretch of weekly declines since 2012, with investors remaining bearish on the precious metal ahead of FOMCs policy meeting this week. Gold futures for delivery in August traded 1.65% higher at $1 103.4 per troy ounce at 06:54 GMT, shifting in a daily range […] Read more

Gold futures trading outlook: losses deepen amid upbeat US economic data

July 24, 2015 7:35 am
Gold fell to a fresh five-year low on Friday, headed for a fifth straight weekly decline which would be the longest such losing stretch since 2012, as more better-than-expected economic data from the US backed the case of an interest rate hike this year. Gold futures for delivery in August traded 1.12% lower at $1 […] Read more

Natural gas trading outlook: futures drop before EIA inventory report

July 23, 2015 8:12 am
Natural gas fell in early European trading on Thursday before data by the EIA allegedly shows a larger-than-average inventory build, while a cooling across the north-eastern US curbs demand for another day. Natural gas for delivery in August traded 0.52% lower at $2.882 per million British thermal units at 07:50 GMT, shifting in a daily […] Read more

Gold futures gain ground but bearish outlook persists

July 23, 2015 7:08 am
Gold snapped 10 straight days of losses on Thursday but downside risk remained intact, with gold-backed ETFs continuing to liquidate and another bit of US data backing the case of a robust economic recovery. Gold futures for delivery in August traded 0.49% higher at $1 096.9 per troy ounce at 06:38 GMT, shifting in a […] Read more