October 20, 2014 11:42 am
Natural gas fell for a fifth day as forecasting agencies predicted overall seasonal weather across most of the US with no imminent threat of widespread freezes, paving the way for more above-average inventory injections. On the New York Mercantile Exchange, natural gas for delivery in November fell 1.43% by 11:18 GMT to $3.712 per million […]
Read moreOctober 20, 2014 9:00 am
Gold held ground above $1 240, not far off a five-week high touched last week, but gains were capped by upbeat data from the US which sparked a rally in Asian equities. Comex gold for settlement in December added 0.31% by 8:26 GMT to trade at $1 242.0 per troy ounce, having shifted in a […]
Read moreOctober 20, 2014 7:28 am
West Texas Intermediate crude rose for a third day and Brent held ground above $86 a barrel as Iran sought ways to halt oils rout, while Saudi Arabia and Kuwait cut output from an oilfield. Upbeat sentiment data from the US on Friday gave equity markets a push up, also benefiting oil, but gains remained […]
Read moreOctober 19, 2014 10:19 am
Natural gas fell for a fourth day on Friday to mark a second straight weekly decline amid speculations that overall mild weather across most of the US will prompt additional above-average inventory injections, further narrowing a record deficit. November natural gas futures fell by 0.79% on Friday to settle the week 2.4% lower at $3.766 […]
Read moreOctober 17, 2014 12:42 pm
Gold remained on track to post its first back-to-back weekly advance since July as global economic uncertainty sent riskier assets falling while sparking safe-haven demand. Encouraging data from the US on Thursday limited gains, but the metal remained supported not far off five-week high levels following sluggish data from Europe and China, and disappointing US […]
Read moreOctober 17, 2014 11:55 am
Natural gas fell for a fourth day after the EIA reported a larger-than-expected build in US natural gas inventories and as weather forecasting agencies predicted mostly mild weather in the US throughout October. On the New York Mercantile Exchange, natural gas for delivery in November fell by 0.50% to $3.777 per million British thermal units […]
Read moreOctober 17, 2014 8:36 am
Gold remained on track to post its first back-to-back weekly advance since July as global economic uncertainty sent equities falling, while sparking safe-haven demand for the precious metal, bonds and the Japanese yen. Encouraging data from the US on Thursday limited gains, but the metal remained supported not far off five-week high levels following sluggish […]
Read moreOctober 17, 2014 7:20 am
Both West Texas Intermediate and Brent benchmark crudes rebounded from yesterdays freshly hit lows, supported by robust US employment and industrial production data, but headed for a yet another weekly loss. Bearish EIA supply data and speculations OPEC members wont cut output amid a global supply glut kept bearish sentiment in control over the market. […]
Read moreOctober 16, 2014 2:55 pm
Natural gas fell to the lowest since July, erasing previous daily gains, after the Energy Information Administration reported a larger-than-expected build in US natural gas stockpiles for the week ended October 10th. Overall mild weather with no signs of widespread freezes throughout October helped sustain the bearish tone. November natural gas traded 0.87% lower at […]
Read moreOctober 16, 2014 1:53 pm
Gold traded lower on the day but held ground near the highest in five weeks as worries of a global economic slowdown stoked safe-haven demand. A firm dollar kept gains limited. Copper fell to the lowest in almost seven months following disappointing inflation numbers from China, the worlds top consumer. Comex gold for settlement in […]
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