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Commodities trading outlook: crude oil and natural gas futures

June 26, 2014 2:44 pm
WTI and Brent futures were lower during afternoon trade in Europe today. Iraq saw more fighting, while the US posted its weekly oil inventories report yesterday. Meanwhile, natural gas futures plummeted as the weekly US blue fuel stocks report revealed a bigger-than-expected injection. West Texas Intermediate futures for settlement in August traded for $105.68 per […] Read more

Commodities trading outlook: gold, silver and copper futures

June 26, 2014 12:53 pm
Gold and silver futures were lower during midday trade in Europe today, as the US posted more economic data. Meanwhile, copper futures were little changed ahead of a report on industrial profits in top-consumer China on Friday. Gold futures for delivery in August traded for $1 315.1 per troy ounce at 12:51 GMT on the […] Read more

Natural gas trading outlook: futures gain ahead of US inventories report

June 26, 2014 8:55 am
Natural gas futures were higher during early trade in Europe today. Weather forecasts project a cooler few days for most of the northern half of the US, while natural gas inventories will probably log another sizable weekly gain. Front month natural gas futures, due in July, added 0.39% at the New York Mercantile Exchange to […] Read more

Gold trading outlook: futures lower amid mixed US data, stocks gain

June 26, 2014 7:23 am
Gold futures were lower during early trade in Europe today. US stocks logged sizable gains yesterday, despite a worse-than-expected final reading on Q1 GDP growth. More economic reports from the worlds top economy are due later today. Iraq continues supporting havens, as the conflict is seen as escalating. Gold futures for delivery in August traded […] Read more

Commodities trading outlook: crude oil and natural gas futures

June 25, 2014 2:44 pm
WTI and Brent futures lower were during afternoon trade in Europe today, as the US posted weekly figures on oil inventories. Meanwhile, natural gas futures were up, ahead of a cool few days for top-consumer US. West Texas Intermediate futures for settlement in August traded for $105.70 per barrel at 14:42 GMT on the New […] Read more

Commodities trading outlook: gold, silver and copper futures

June 25, 2014 12:46 pm
Gold and silver futures recovered some earlier losses during midday trade in Europe today, as the US posted some discouraging data, pressuring the dollar and supporting havens. Meanwhile, copper futures were lower after a sizable recent increase. Gold futures for delivery in August traded for $1 319.7 per troy ounce at 12:44 GMT on the […] Read more

Natural gas trading outlook: futures lower as US weather cools

June 25, 2014 9:15 am
Natural gas futures were lower during early trade in Europe today. Weather forecasts project a cooler few days for most of the northern half of the US, while natural gas inventories will probably log another sizable weekly gain. Front month natural gas futures, due in July, dropped 0.13% at the New York Mercantile Exchange to […] Read more