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Natural gas trading outlook: futures pare hefty losses ahead of EIA data

January 21, 2015 10:05 am
Natural gas rose on Wednesday, trimming a sizable weekly decline, before data by the EIA shows on Thursday that US natural gas inventories probably fell more than the average last week. However, forecasts for seasonal weather and expectations for thinner stockpile withdrawals to follow held gains in check. Natural gas for delivery in February gained […] Read more

Gold trading outlook: futures extend gains on growth concerns

January 21, 2015 8:21 am
Gold edged up on Wednesday to trade near $1 300 an once as worries about global growth and the possible launch of a stimulus program from the ECB prompted investors to seek the safety of the metal. Comex gold for delivery in February climbed 0.23% to $1 297.2 per troy ounce by 08:02 GMT, shifting […] Read more

Natural gas trading outlook: futures extend drop on mild weather

January 20, 2015 10:18 am
Natural gas fell for a third day on Tuesday as forecasts called for mostly warmer-than-usual weather across the US this week, with no threats for significantly colder conditions for the following seven days. On the New York Mercantile Exchange, natural gas futures for delivery in February were down 4.41% at $2.989 per million British thermal […] Read more

Gold trading outlook: futures trade below 4-month high ahead of ECB meeting

January 20, 2015 8:06 am
Gold held below its highest in four months on Tuesday amid a strengthening dollar days before the probable launch of the European Central Banks quantitative easing program. Comex gold for delivery in February was up 0.16% at $1 279.0 per troy ounce at 07:53 GMT, shifting in a daily range of $1 282.0 – $1 […] Read more

Natural gas trading outlook: futures extend slide as Arctic air seen contained

January 19, 2015 9:55 am
Natural gas fell for a third straight session on Monday as weather forecasts called for the likelihood of frigid air late this week to remain mostly contained within Canada, selling off previous expectations for Arctic blasts to hit large parts of the US. Natural gas for delivery in February slid 4.19% to $2.996 per million […] Read more