September 3, 2014 2:09 pm
Both West Texas Intermediate and Brent crude benchmarks extended gains on Wednesday as Russia and Ukraine drew closer to striking a peace deal. A government report may show a drop in both US crude oil and refined product inventories. Encouraging US data also provided some support but a stronger dollar, fears of slowing Chinese and […]
Read moreSeptember 3, 2014 12:21 pm
Gold and silver futures were slightly higher during midday trade in Europe today, after the precious metals dropped to ten-week lows overnight. Meanwhile, copper futures were lower as an investigation in China and growing global supplies weighed. Gold futures for December delivery on the Comex in New York traded at $1 268.6 per troy ounce, […]
Read moreSeptember 3, 2014 10:03 am
Natural gas rose on Wednesday after falling the most in six months ahead of what could be one of the lowest inventory builds during the replenishment season and as short-term weather forecasts called for a brief surge in temperatures over the Midwest and Eastern US. However, expectations for comfortable readings during most of September with […]
Read moreSeptember 3, 2014 9:13 am
Wheat, corn and soybeans futures were all lower during early trade in Europe today, as investors priced in the latest report, showing very good crop quality across all grains grown in the US, adding to bearish sentiment from forecasts of record-high harvests. Weather models project scattered showers across the Midwest and Northern Plains this week, […]
Read moreSeptember 3, 2014 8:16 am
Gold futures were slightly higher during early trade in Europe today, as investors made minor corrections to Tuesdays slump. A year-high dollar and strong US stocks weighed heavily on the precious metal, despite growing tensions in Ukraine. Gold futures for December delivery on the Comex in New York traded at $1 265.9 per troy ounce, […]
Read moreSeptember 3, 2014 7:31 am
Both West Texas Intermediate and Brent crude benchmarks marked minor daily gains before a government report may show a drop in both US crude oil and refined product inventories. Encouraging US data also provided some support but a stronger dollar, fears of slowing Chinese and European demand and rising Libyan output kept gains in check. […]
Read moreSeptember 2, 2014 2:41 pm
Gold and silver futures were lower during midday trade in Europe today, after ISM posted a significantly better-than-expected factory gauge for the US, boosting the dollar and pressuring havens. Meanwhile, copper futures were steady after downbeat China figures on Monday. Gold futures for December delivery on the Comex in New York traded at $1 267.5 […]
Read moreSeptember 2, 2014 1:06 pm
WTI and Brent futures were pressured further down during midday trade in Europe today, as investors disregarded growing tensions in Ukraine and in the Middle East. Meanwhile, natural gas futures also slid lower as weather patterns project some comfortably cool days for the US. West Texas Intermediate futures for delivery in October traded at $94.87 […]
Read moreSeptember 2, 2014 9:18 am
Natural gas futures were lower during early trade in Europe today, as investors eye comfortable temperatures projected for much of the US in the coming days. Front-month natural gas futures for delivery in October traded at $4.005 per million British thermal units (mBtu), down 1.48%, at 9:15 GMT on the NYMEX. Prices ranged from $3.983 […]
Read moreSeptember 2, 2014 8:17 am
Gold futures were lower during early trade in Europe today, as investors bet ISMs key reading on US factories will strengthen outlooks of a rate hike by the Fed, supporting the US dollar. The escalating conflict in Ukraine failed to offer significant support against the slide. Gold futures for December delivery on the Comex in […]
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