June 10, 2014 1:53 pm
Gold and silver futures climbed during midday trade in Europe today, after muted activities on Monday. Stocks grew for the thirteenth out of the last sixteen sessions yesterday, for another record-high close. Investors now eye upcoming reports on retail sales and jobless claims in the US. Meanwhile, copper futures were unsettled, as investors weighed an […]
Read moreJune 10, 2014 12:44 pm
Natural gas futures continued to decline during midday trade in Europe today. Cooler weather over parts of the US drove the blue fuel down, as power demand outlook was lowered. Experts suggest another massive injection for US gas inventories will be reported this week. Front month natural gas futures, due in July, dropped 0.65% at […]
Read moreJune 10, 2014 10:02 am
Wheat was lower during early trade in Europe today, while corn and soybeans gained, after earlier losses for all grains. The US Department of Agriculture (USDA) revealed crops progress yesterday, with a sizable bearish vibe for all grains to it, as crops condition and other readings logged improvement. A key report on agricultural outlooks is […]
Read moreJune 10, 2014 8:34 am
Gold futures were relatively unchanged during morning trade in Europe today, after a steady Monday. Stocks grew for the thirteenth out of the last sixteen sessions, for another record-high close. Gold futures for delivery in August traded for $1 254.3 per troy ounce at 8:32 GMT on the COMEX in New York today, up 0.03%. […]
Read moreJune 10, 2014 7:10 am
WTI futures were higher during early trade in Europe today, while Brent contracts were relatively unchanged. The private American Petroleum Institute (API) will post its reading on US oil inventories later today, and traders expect to see further draws, supporting crude contracts. China is also supportive, after a stimulus plan was revealed by the government. […]
Read moreJune 9, 2014 2:12 pm
Gold and silver futures were higher during afternoon trade in Europe today. Stocks continued to gain, as trading opened on Wall Street. Meanwhile, copper futures were lower, amid concerning news from China, ahead of key data later this week. Gold futures for delivery in August traded for $1 254.4 per troy ounce at 14:08 GMT […]
Read moreJune 9, 2014 1:16 pm
WTI and Brent futures continued to climb during afternoon trade in Europe today. Traders seemed to have disregarded alarming data from China and continued to bet bullish. Meanwhile, natural gas futures dropped into the negative, after trading higher earlier. West Texas Intermediate futures for settlement in July traded for $103.54 per barrel at 13:11 GMT […]
Read moreJune 9, 2014 12:00 pm
Copper futures traded lower before noon in Europe today. Data on Chinese foreign trade for May underscored the negative sentiment for the red metal, while a fraud investigation in China is still rattling markets. Key data from China is expected later this week. Copper futures for settlement in July fell by 0.75% to trade at […]
Read moreJune 9, 2014 9:13 am
Wheat futures gained during early trade in Europe today, while corn and soybeans dropped. Traders await the official US Department of Agriculture weekly crops progress report for the seven days through June 8, due later today. “There’s a little bit of concern on the winter crop in the U.S.,” Mark Keenan, head of Asia commodities […]
Read moreJune 9, 2014 8:16 am
Natural gas futures rallied for more gains during early trading in Europe today. On Friday the blue fuel logged a sizable weekly increase, as bulls shrugged off a massive injection for US natural gas inventories. Front month natural gas futures, due in July, added 0.64% at the New York Mercantile Exchange to trade for $4.740 […]
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