August 5, 2014 8:06 am
Gold futures were slightly higher during early trade in Europe today, after equities were hurt by a worse-than-expected Chinese services PMI reading. Investors now eye the ISMs key US services PMI report later today. Gold futures for December settlement traded for $1 292.6 per troy ounce at 8:04 GMT on the COMEX in New York […]
Read moreAugust 5, 2014 7:13 am
WTI and Brent futures were steady during early trade in Europe today, after breaking a losing streak on Monday. Investors await two separate reports on US oil inventories, while positive economic readings could also offer some support. WTI for September delivery traded for $98.42 per barrel at 7:13 GMT on the NYMEX, up 0.04% for […]
Read moreAugust 4, 2014 2:24 pm
WTI and Brent futures were steady near four-month lows during midday trade in Europe today, after sliding on lackluster US gasoline demand last week. Meanwhile, natural gas futures climbed on rising US temps, despite forecasts of further massive builds for inventories. WTI futures for September delivery stood at $97.97 per barrel at 15:02 GMT in […]
Read moreAugust 4, 2014 12:37 pm
Gold futures were on the downbeat during midday trade in Europe today, after closing last week lower, while silver was steady. Meanwhile, copper futures were higher as traders await key imports data from China later this week. Gold futures for December settlement were down 0.27% by 13:33 GMT on the COMEX in New York today, […]
Read moreAugust 4, 2014 9:48 am
Natural gas futures were little changed during early trade in Europe today. Last week saw a massive weekly build for natgas inventories, and another sizable injection is expected in this weeks log as well. Natural gas futures for September were down 0.08% to trade at $3.795 per million British thermal units (mBtu) by 10:37 GMT […]
Read moreAugust 4, 2014 8:44 am
Gold futures were little changed during early trade in Europe today. The precious metal was pressured lower last week, while stocks slumped, as the US posted mixed economic data. Fighting in Gaza continued to offer some background safe haven demand. Gold futures for December settlement added 0.06% by 11:20 GMT in New York today, to […]
Read moreAugust 4, 2014 7:14 am
WTI and Brent futures were slightly higher and climbing during early trade in Europe today. Both crude benchmarks slumped last week, as traders wrote off some of the risk premium, and the US economy posted mixed data. WTI futures for September delivery stood at $98.12 per barrel at 7:14 GMT in New York today, up […]
Read moreAugust 3, 2014 7:25 am
Natural gas fell on Friday, paring its weekly gain, as short-term weather forecasts called for overall mild weather across most of the US high-consuming areas during the weekend. However, a smaller-than-expected jump in nationwide natural gas inventories in the seven days to July 25th and a warming trend expected to start early next week kept […]
Read moreAugust 3, 2014 7:00 am
Gold futures were pressured lower this week, after the Fed kept on track to reduce the inflow of government funds into the US economy, supporting the dollar. Stocks slumped these past five sessions, while other precious metals also closed significantly lower. Gold futures for delivery in December added 0.94% on Friday, closing at $1 294.8 […]
Read moreAugust 2, 2014 9:34 am
Both West Texas Intermediate and Brent crude benchmarks fell on Friday to the lowest settlement prices in months as global supply outstripping demand offset geopolitical tension in Africa, Ukraine and the Middle East which failed to spur fears of major supply disruptions. Softening demand in the US, coupled with mixed economic data, also added to […]
Read more