September 19, 2014 11:22 am
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 moreSeptember 19, 2014 9:18 am
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 moreSeptember 19, 2014 8:16 am
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 moreSeptember 19, 2014 7:06 am
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 moreSeptember 18, 2014 2:37 pm
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 moreSeptember 18, 2014 9:23 am
Natural gas futures pared earlier gains during morning trade in Europe today, ahead of US storage build figures due later today. The blue fuel had rallied some 4% this week, as traders kept eyes on varied and at places extreme US weather. Front-month natural gas futures for settlement in October on the New York Mercantile […]
Read moreSeptember 18, 2014 7:45 am
Gold futures opened Thursdays session for a nine-month low, after the Fed appeared more hawkish after its September meeeting, boosting the dollar to a new 4-year high. Gold futures for December delivery on the Comex in New York traded at $1 223.1 per troy ounce by 7:24 GMT, down 1.04%. Prices ranged from a nine-month […]
Read moreSeptember 18, 2014 6:32 am
WTI and Brent futures were in the red during early trade in Europe today, as investors price in a hefty supply build in the US and a stronger dollar. WTI futures for October delivery on the New York Mercantile Exchange traded at $93.85 per barrel at 6:30 GMT today, down 0.60% for the day, while […]
Read moreSeptember 17, 2014 2:49 pm
WTI and Brent futures slid under pressure from the Energy Information Administration (EIA) weekly oil inventories report, which revealed a sizable increase of crude stocks in the US, with a significant weekly gain for imports. WTI futures for October delivery on the New York Mercantile Exchange traded at $93.94 per barrel at 14:47 GMT today, […]
Read moreSeptember 17, 2014 12:36 pm
Gold and silver futures were little changed during midday trade in Europe today, as investors eye Feds announcements later today. Meanwhile, copper futures gave back some of Tuesdays gains, after news of Chinese economic stimulus had prompted a rally for the metal. Gold futures for December delivery on the Comex in New York traded at […]
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