September 9, 2014 8:07 am
Gold futures were little changed during early trade in Europe today. The most-traded contract is testing a key $1 250 price support, which if broken will ease gold into sliding further down, amid growing pressure from a stronger dollar. Gold futures for December delivery on the Comex in New York traded at $1 255.1 per […]
Read moreSeptember 9, 2014 7:19 am
WTI futures were slightly higher during early trade in Europe today, while Brent was lower, as investors assessed supply and demand prospects ahead of key US oil stocks data. Both benchmarks logged multi-month lows on Monday, despite EU targeting Russian oil companies with its latest round of sanctions. WTI futures for October delivery on the […]
Read moreSeptember 8, 2014 2:08 pm
WTI and Brent futures slid under pressure from disappointing Chinese figures today, while investors also kept an eye of developments over Ukraine. Meanwhile, natural gas futures climbed to reverse some of last weeks slump. On the New York Mercantile Exchange, WTI crude for delivery in October fell by 1.49% to $91.90 per barrel by 14:04 […]
Read moreSeptember 8, 2014 12:45 pm
Gold and silver futures reversed some earlier gains during midday trade in Europe today, as a year-high dollar was weighed with prospects of further confrontation in Ukraine. Meanwhile, copper futures climbed, after Chinese foreign trade was seen as positive for the red metal. Gold futures for December delivery on the Comex in New York traded […]
Read moreSeptember 8, 2014 9:51 am
Corn and wheat futures corrected some of Fridays rally during early trade in Europe today, while soybeans were still on the upside. Meanwhile, investors and farmers prepare for the largest US harvest to date. The US Department of Agriculture (USDA) will release its monthly World Agricultural Supply and Demand Estimates reports on Thursday, set to […]
Read moreSeptember 8, 2014 8:39 am
Natural gas futures were slightly higher during early trade in Europe today, as investors correct last weeks massive losses. Weather patterns project a quite cool latter half of this week for the US, spelling the start of several bearish weeks for the blue fuel. Front-month natural gas futures for settlement in October on the New […]
Read moreSeptember 8, 2014 7:42 am
Gold futures were slightly higher during early trade in Europe today, despite the dollar hovering near a 14-month peak. Investors eye an upcoming EU decision on whether to impose further and tougher sanctions against Russia over its role in destabilizing Ukraine, keeping the precious metal supported. Gold futures for December delivery on the Comex in […]
Read moreSeptember 8, 2014 7:28 am
Both West Texas Intermediate and Brent crude benchmarks fell in early European trading on Monday after settling the previous week more than 2% lower as downbeat US employment data spurred demand fears. Rising Chinese exports and crude imports added some confidence after recent worse-than-expected economic numbers. On the New York Mercantile Exchange, WTI crude for […]
Read moreSeptember 7, 2014 9:42 am
Both West Texas Intermediate and Brent crude benchmarks fell on Friday and settled the week lower after Ukraine and pro-Russian separatists signed a preliminary ceasefire protocol, while slower-than-projected US jobs growth in August spurred some demand concerns. On the New York Mercantile Exchange, WTI crude for delivery in October fell by 1.23% on Friday to […]
Read moreSeptember 6, 2014 10:59 am
Natural gas fell for a fourth straight day on Friday to settle the week almost 7% lower after the EIA reported a larger-than-expected build in US inventories in the week ended August 29th and weather forecasting agencies predicted a broad cooling of temperatures starting this weekend. On the New York Mercantile, natural gas futures for […]
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