September 11, 2014 9:39 am
Natural gas futures were lower during early trade in Europe today, after the most-traded contract failed to breach the key resistance at $4 yesterday, with an impressive 5% rally since Monday. Traders eye the upcoming weekly EIA log on natural gas inventory levels in the US later today, a report which triggers intense trading and […]
Read moreSeptember 11, 2014 8:13 am
Gold futures have been orbiting the key price of $1,250 all week, as investors abstain of big moves ahead of a key Federal Reserve meeting next week. A 15-month high dollar weighed on all dollar-denominated commodities, with gold also hurt by easing geopolitical tensions. Gold futures for December delivery on the Comex in New York […]
Read moreSeptember 11, 2014 7:08 am
WTI and Brent futures were deeper in the red during early trade in Europe today, extending the recent slump to a sixth out of seven sessions. A bearish EIA report on Wednesday weighed on crude contracts, signaling lackluster consumer demand amid growing global supply. WTI futures for October delivery on the New York Mercantile Exchange […]
Read moreSeptember 10, 2014 2:57 pm
WTI futures slid after the US Energy Information Administration (EIA), reported unexpected and sizable builds for gasoline and distillates inventories, while crude stocks were drawn largely as expected. WTI futures for October delivery on the New York Mercantile Exchange traded at $91.51 per barrel at 14:53 GMT today, down 1.34% for the day. Prices ranged […]
Read moreSeptember 10, 2014 1:41 pm
WTI and Brent futures were still pressured during midday trade in Europe today, an hour ahead of the official EIA report on US oil inventories. Meanwhile, natural gas futures were also lower, correcting some of the massive rally of the past two days. WTI futures for October delivery on the New York Mercantile Exchange traded […]
Read moreSeptember 10, 2014 1:22 pm
Gold and silver futures were little changed during midday trade in Europe today, as investors keep away from big moves ahead of the Feds meeting next week. Meanwhile, copper futures were steady ahead of key figures on top consumer China. Gold futures for December delivery on the Comex in New York traded at $1 250.1 […]
Read moreSeptember 10, 2014 10:00 am
Natural gas futures failed to maintain above $4 yesterday, though the blue fuel logged an impressive 5% rally since Monday. Investors eye how a cool Canadian weather system plays out in the US, as massive natgas inventory builds are back on the agenda. Front-month natural gas futures for settlement in October on the New York […]
Read moreSeptember 10, 2014 8:34 am
Gold futures were steady above $1 250 per troy ounce during early trade in Europe today, after closing below the key level for the fist time in more than three months on Tuesday. Investors eye next weeks Fed meeting, set to decide on monetary policy, with outlooks of a rate hike on the table, supporting […]
Read moreSeptember 10, 2014 7:22 am
WTI and Brent futures were lower during early trade in Europe today, as investors eye the upcoming official report on US oil inventories. Also on the radar is the OPEC meeting on Thursday, which could produce headlines, as the organization could move to support prices in light of recent slump. WTI futures for October delivery […]
Read moreSeptember 9, 2014 2:06 pm
WTI futures climbed during midday trade in Europe today, while Brent was lower, as investors eye upcoming reports on US inventories. Meanwhile, natural gas futures soared as a cool Canadian weather system was seen spurring early heating demand. WTI futures for October delivery on the New York Mercantile Exchange traded at $93.19 per barrel at […]
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