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Commodities trading outlook: crude oil and natural gas futures extend slide

September 2, 2014 1:06 pm
WTI and Brent futures were pressured further down during midday trade in Europe today, as investors disregarded growing tensions in Ukraine and in the Middle East. Meanwhile, natural gas futures also slid lower as weather patterns project some comfortably cool days for the US. West Texas Intermediate futures for delivery in October traded at $94.87 […] Read more

Natural gas trading outlook: futures drop on milder US temps

September 2, 2014 9:18 am
Natural gas futures were lower during early trade in Europe today, as investors eye comfortable temperatures projected for much of the US in the coming days. Front-month natural gas futures for delivery in October traded at $4.005 per million British thermal units (mBtu), down 1.48%, at 9:15 GMT on the NYMEX. Prices ranged from $3.983 […] Read more

Gold trading outlook: futures drop on strong dollar ahead of ISM gauge

September 2, 2014 8:17 am
Gold futures were lower during early trade in Europe today, as investors bet ISMs key reading on US factories will strengthen outlooks of a rate hike by the Fed, supporting the US dollar. The escalating conflict in Ukraine failed to offer significant support against the slide. Gold futures for December delivery on the Comex in […] Read more

Crude oil trading outlook: WTI and Brent futures lower as China gauges weigh

September 2, 2014 7:50 am
WTI and Brent futures were lower during early trade in Europe today, as investors disregarded risks over Russian supplies in light of the Ukraine crisis. Bearish figures from China and the Eurozone weighed on oil demand outlooks, pressuring crude. West Texas Intermediate futures for delivery in October traded at $95.72 per barrel, down 0.25%, at […] Read more

Commodities trading outlook: crude oil and natural gas futures

September 1, 2014 1:28 pm
WTI and Brent futures remained pressured during midday trade in Europe today, amid growing tensions in Ukraine and downbeat factory gauges in China, the worlds second-top oil consuming economy. Meanwhile, natural gas futures were also in the red, correcting some of the significant gains of last week. West Texas Intermediate futures for delivery in October […] Read more

Commodities trading outlook: gold, silver and copper futures

September 1, 2014 1:06 pm
Gold and silver futures reversed earlier gains during midday trade in Europe today, amid growing tensions in Ukraine and downbeat data in the Eurozone. Meanwhile, copper futures slid after below-par Chinese factory gauges. Gold futures for December delivery on the Comex in New York traded at $1 288.2 per troy ounce, up 0.06%, at 13:04 […] Read more

Natural gas trading outlook: futures edge lower after US heat

September 1, 2014 12:07 pm
Natural gas futures were lower during midday trade in Europe today, after climbing more than 4% last week on widespread heat in the US. Weather patterns suggest largely average weather for the US, though this weeks natgas inventories build is set to be the leanest for the summer season. Front-month natural gas futures for delivery […] Read more

Gold trading outlook: futures edge higher on Ukraine, palladium at 13-year high

September 1, 2014 8:41 am
Gold futures were higher during early trade in Europe today, as simmering tensions in Ukraine worried investors, spurring haven bids. Prices were further pressured by downbeat EU data, as traders eye a plethora of upcoming economic data and a key ECB meeting. Gold futures for December delivery on the Comex in New York traded at […] Read more

Crude oil trading outlook: WTI, Brent futures drop as China growth seen slowing

September 1, 2014 7:49 am
WTI and Brent futures were lower during early trade in Europe today, as investors saw two separate bearish manufacturing PMI readings on China pressure oil demand outlooks. Elsewhere, the conflict in Ukraine was still in focus, after allegations that the Russian military was directly involved in fighting. West Texas Intermediate futures for delivery in October […] Read more

Gold futures weekly recap, August 25 – August 29

August 31, 2014 6:02 am
Gold futures were little changed this week, as investors weighed economic data with growing tensions in Ukraine ahead of the three-day weekend in the US. The economic outlook in the worlds top economy boosted the dollar to a new one-year peak, while Ukraine saw talks of an open war. Gold futures for delivery in December […] Read more