August 26, 2014 11:45 am
Wheat, corn and soybeans futures were lower during midday trade in Europe today, as traders priced in the latest bearish US crop report, which reaffirmed the very good crop condition across all grains. Weather patterns call for heavy rains in the Midwest this week, which is largely beneficial for growing crops, though some localized flooding […]
Read moreAugust 26, 2014 9:34 am
Natural gas futures were slightly lower during early trade in Europe today, after adding more than 2.5% on Monday with support from relatively high US temperatures. Weather patterns project cooler and more comfortable temps to be swinging back to the US, however, pressuring the blue fuel. Front-month natural gas futures for delivery in September traded […]
Read moreAugust 26, 2014 8:24 am
Gold futures were higher during early trade in Europe today, as geopolitical tensions around the globe stoked some safe haven demand, after gold had dropped to attractive price levels. Investors look to more US economic data to set outlooks for a rate hike. Gold futures for December delivery on the Comex in New York traded […]
Read moreAugust 26, 2014 7:36 am
WTI and Brent futures were higher during early trade in Europe today, as investors eye upcoming reports on US oil inventories. Tensions in Ukraine supported crude, as reports of fresh clashes involving Russian military pumped up the risk premium. West Texas Intermediate futures for delivery in October traded at $93.68 per barrel, up 0.35%, at […]
Read moreAugust 25, 2014 1:00 pm
WTI and Brent futures were slightly higher during midday trade in Europe today, as developments in Ukraine were weighed with US rate hike outlooks. Meanwhile, natural gas futures climbed on warmer than usual US weather. West Texas Intermediate futures for October delivery on the New York Mercantile Exchange traded at $93.71 per barrel, up 0.06%, […]
Read moreAugust 25, 2014 12:24 pm
Gold and silver futures were little changed during midday trade in Europe today, as investors look to US new home sales to further reinforce speculation that the Fed will raise rates. Meanwhile, copper futures were higher, as expectations of increasing home sales drive demand outlooks higher. Gold futures for December delivery on the Comex in […]
Read moreAugust 25, 2014 11:34 am
Natural gas futures were soaring during midday trade in Europe today, as warmer weather over high-demand regions in the US suggested higher power demand, inducing a rally for the blue fuel. Front-month natural gas futures for delivery in September traded at $3.917 per million British thermal units (mBtu), up 2.01%, at 11:29 GMT on the […]
Read moreAugust 25, 2014 8:22 am
Gold futures were lower during early trade in Europe today, as investors look towards economic data to further strengthen speculation for an earlier than previously expected US rate hike. The US dollar hovered near a 13-month peak, weighing on havens. Gold futures for December delivery on the Comex in New York traded at $1 278.0 […]
Read moreAugust 25, 2014 7:08 am
WTI and Brent futures were little changed during early trade in Europe today, as investors eye upcoming data from the US and EU to gauge the direction of the dollar, and the broader economic picture. The US currency is orbiting a one-year peak, weighing on crude. West Texas Intermediate futures for October delivery on the […]
Read moreAugust 24, 2014 10:52 am
West Texas Intermediate crude fell on Friday to mark a fifth straight weekly decline, the longest losing stretch in nine months, as ample global supplies and falling gasoline demand in the US during the peak summer driving season spurred bearish sentiment. A stronger dollar and receding geopolitical unrest in key regions of interest for the […]
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