September 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 […]
Read moreSeptember 9, 2014 1:26 pm
Gold futures were little changed during midday trade in Europe today, as traders hold back big moves ahead of the Feds meeting next week. Meanwhile, copper futures dropped as the strong dollar weighed. Gold futures for December delivery on the Comex in New York traded at $1 254.7 per troy ounce, up 0.03%, at 13:25 […]
Read moreSeptember 9, 2014 9:36 am
Natural gas futures dropped during early trade in Europe today, after rallying some 2% on Monday with an ominous Canadian weather system set to push deep into the US later this week. The blue fuel lost ~7% last week, as summer heat wanes and the market enters Fall shoulder season. Front-month natural gas futures for […]
Read moreSeptember 9, 2014 8:49 am
Corn, soybeans and wheat futures hovered near four-year lows during early trade in Europe today, after sliding on Monday, as investors prepare for increased harvest forecasts in the US. Weather patterns project possible frosting in the northern Midwest and the North Plains later this week, threatening immature corn and soybeans crops. Plenty rains, however, will […]
Read moreSeptember 9, 2014 8:07 am
Gold futures were little changed during early trade in Europe today. The most-traded contract is testing a key $1 250 price support, which if broken will ease gold into sliding further down, amid growing pressure from a stronger dollar. Gold futures for December delivery on the Comex in New York traded at $1 255.1 per […]
Read moreSeptember 9, 2014 7:19 am
WTI futures were slightly higher during early trade in Europe today, while Brent was lower, as investors assessed supply and demand prospects ahead of key US oil stocks data. Both benchmarks logged multi-month lows on Monday, despite EU targeting Russian oil companies with its latest round of sanctions. WTI futures for October delivery on the […]
Read moreSeptember 8, 2014 2:08 pm
WTI and Brent futures slid under pressure from disappointing Chinese figures today, while investors also kept an eye of developments over Ukraine. Meanwhile, natural gas futures climbed to reverse some of last weeks slump. On the New York Mercantile Exchange, WTI crude for delivery in October fell by 1.49% to $91.90 per barrel by 14:04 […]
Read moreSeptember 8, 2014 12:45 pm
Gold and silver futures reversed some earlier gains during midday trade in Europe today, as a year-high dollar was weighed with prospects of further confrontation in Ukraine. Meanwhile, copper futures climbed, after Chinese foreign trade was seen as positive for the red metal. Gold futures for December delivery on the Comex in New York traded […]
Read moreSeptember 8, 2014 9:51 am
Corn and wheat futures corrected some of Fridays rally during early trade in Europe today, while soybeans were still on the upside. Meanwhile, investors and farmers prepare for the largest US harvest to date. The US Department of Agriculture (USDA) will release its monthly World Agricultural Supply and Demand Estimates reports on Thursday, set to […]
Read moreSeptember 8, 2014 8:39 am
Natural gas futures were slightly higher during early trade in Europe today, as investors correct last weeks massive losses. Weather patterns project a quite cool latter half of this week for the US, spelling the start of several bearish weeks for the blue fuel. Front-month natural gas futures for settlement in October on the New […]
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