September 25, 2014 9:25 am
Natural gas futures gave back some of Wednesdays gains during early trade in Europe today, as investors eye the weekly US natgas storage build report. Weather patterns remain bearish in the short term, though indications of some cool early in October stoke some early heating hype. Front-month natural gas futures for settlement in October on […]
Read moreSeptember 25, 2014 8:09 am
Gold futures dropped to a fresh nine-month low during early trade in Europe today, as investors brace for more economic data out of the US potentially further boosting the greenback. Continued strikes on IS targets in Syria failed to spur haven demand, as the rising dollar dictates direction and the whole precious metals complex slumps. […]
Read moreSeptember 25, 2014 7:08 am
WTI and Brent futures slid back into the red during early trade in Europe today, after reversing the downturn late on Wednesday to close in the black, with support by a drop in US crude stocks. Air strikes on ISIS refineries in Syria failed to widen the risk premium, as ample supplies are the theme […]
Read moreSeptember 24, 2014 2:51 pm
WTI futures reversed earlier losses to climb into bull ground after the US reported a significant amount of stockpiled crude was drawn last week, signaling demand could be picking up. Meanwhile, Brent was near a two-year bottom. WTI futures for November delivery on the New York Mercantile Exchange traded at $91.71 per barrel at 14:46 […]
Read moreSeptember 24, 2014 12:32 pm
WTI futures pared back earlier gains, while Brent was pressured deeper in bear territory during midday trade in Europe today, as investors await US inventories data. Meanwhile, natural gas futures were steadily orbiting the previous close. WTI futures for November delivery on the New York Mercantile Exchange traded at $91.55 per barrel at 12:28 GMT […]
Read moreSeptember 24, 2014 11:59 am
Gold and silver futures dipped during midday trade in Europe today, as the dollar gained, supported by worsening sentiment in the Eurozone. Meanwhile, copper futures were steady as investors eye US housing data. Gold futures for December delivery on the Comex in New York traded at $1 220.8 per troy ounce by 11:55 GMT, down […]
Read moreSeptember 24, 2014 10:46 am
Natural gas futures clawed back earlier gains during midday trade in Europe today, as investors eye the US inventories report due Thursday. The log usually spurs a frenzy of trade as big market players tend to act after the report. Front-month natural gas futures for settlement in October on the New York Mercantile Exchange traded […]
Read moreSeptember 24, 2014 9:31 am
Gold futures were little changed during early trade in Europe today, as investors eye upcoming US data, potentially further pressuring dollar-denominated commodities. Gold futures for December delivery on the Comex in New York traded at $1 222.7 per troy ounce by 9:29 GMT, up 0.06%. Prices ranged from $1 220.8 to $1 226.4 per troy […]
Read moreSeptember 24, 2014 7:32 am
WTI futures climbed during early trade in Europe today, while Brent was steady, though both contracts were still uncomfortably close to multi-month lows, as investors eye US oil inventories data. WTI futures for November delivery on the New York Mercantile Exchange traded at $91.79 per barrel at 7:30 GMT today, up 0.25% for the day. […]
Read moreSeptember 23, 2014 12:49 pm
WTI and Brent futures were in bull territory during midday trade in Europe today, supported by positive China factory data, as investors await key readings on US oil stocks. Meanwhile, natural gas futures held on to earlier gains, despite bearish outlooks for the following days and weeks. WTI futures for November delivery on the New […]
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