September 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 […]
Read moreSeptember 8, 2014 7:42 am
Gold futures were slightly higher during early trade in Europe today, despite the dollar hovering near a 14-month peak. Investors eye an upcoming EU decision on whether to impose further and tougher sanctions against Russia over its role in destabilizing Ukraine, keeping the precious metal supported. Gold futures for December delivery on the Comex in […]
Read moreSeptember 8, 2014 7:28 am
Both West Texas Intermediate and Brent crude benchmarks fell in early European trading on Monday after settling the previous week more than 2% lower as downbeat US employment data spurred demand fears. Rising Chinese exports and crude imports added some confidence after recent worse-than-expected economic numbers. On the New York Mercantile Exchange, WTI crude for […]
Read moreSeptember 7, 2014 9:42 am
Both West Texas Intermediate and Brent crude benchmarks fell on Friday and settled the week lower after Ukraine and pro-Russian separatists signed a preliminary ceasefire protocol, while slower-than-projected US jobs growth in August spurred some demand concerns. On the New York Mercantile Exchange, WTI crude for delivery in October fell by 1.23% on Friday to […]
Read moreSeptember 6, 2014 10:59 am
Natural gas fell for a fourth straight day on Friday to settle the week almost 7% lower after the EIA reported a larger-than-expected build in US inventories in the week ended August 29th and weather forecasting agencies predicted a broad cooling of temperatures starting this weekend. On the New York Mercantile, natural gas futures for […]
Read moreSeptember 6, 2014 9:39 am
Gold futures logged significant losses this week, as a stronger dollar and speculation of peace in Ukraine weighed on the precious metal. The ECB surprisingly lowered the central interest rate, spurring a sizable drop for the euro, strengthening the dollar, while US gauges were reported largely on the growth track. Gold futures for delivery in […]
Read moreSeptember 5, 2014 1:20 pm
Both West Texas Intermediate and Brent crude benchmarks headed for a weekly drop as a stronger greenback weighed on dollar-denominated commodities while an agreement to start a ceasefire in eastern Ukraine eroded oils geopolitical premium. Losses were capped by an overall bullish EIA supplies report and as economic data from the US pointed to a […]
Read moreSeptember 5, 2014 1:16 pm
Gold and silver futures edged higher during midday trade in Europe today, as US payrolls logged far below expectations. Meanwhile, Kiev and pro-Russian rebels signed a preliminary ceasefire protocol at peace talks in Minsk today, signifying a key moment in the conflict. Meanwhile, copper futures dropped as fewer new payrolls pressured base metals outlooks. Gold […]
Read moreSeptember 5, 2014 9:47 am
Natural gas was mostly unchanged on Friday after losing over 6% in the previous three sessions, with weather forecasts calling for comfortable temperatures settling across most of the US in the coming days. A bearish supplies report by the Energy Information Administration on Thursday also helped maintain the bias to the downside. On the New […]
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