June 5, 2014 2:41 pm
Crude oil futures traded lower after the ECB rate decision was announced today, as the euro weakened and the dollar gained. However, action in the Eurozone indicates possible future growth for consumption in the Bloc, improving outlooks for oil. Meanwhile, natural gas futures plummeted deep into negative territory on news of massive supply gains for […]
Read moreJune 5, 2014 12:18 pm
Gold and silver futures were little changed during midday trade in Europe, after the European Central Bank (ECB) announced cuts for interest and deposit rates, weakening the euro. Investors now eye the upcoming ECB press conference for further cues and indications, before a key payrolls report from the US tomorrow. Meanwhile, copper futures traded lower […]
Read moreJune 5, 2014 9:27 am
Natural gas futures traded higher during early hours in Europe today, ahead of the US Energy Information Administration (EIA) weekly report on gas inventories. The US consumes more than 20% of all natural gas, and stockpiles in the country are a dominant factor for futures prices. Analysts expect another huge gain for supplies, which could […]
Read moreJune 5, 2014 8:23 am
Gold and silver futures were steady during early hours in Europe today, after narrow trade over the last two sessions. Investors await the crucial European Central Bank (ECB) interest rate decision, which will be revealed later today, and a key US payrolls report, due tomorrow. Lowering interest in Ukraine, and growing US stocks pressured havens […]
Read moreJune 5, 2014 7:13 am
WTI and Brent futures traded lower during morning hours in Europe today. Yesterday the US reported a sizable decline in crude oil inventories, which, however, was not enough to push contracts into the positive, as the market is still quite oversupplied. Plenty of economic data was released this week, though key reports are still awaited. […]
Read moreJune 4, 2014 2:59 pm
WTI and Brent futures traded higher during midday trade in Europe today, as the US Energy Information Administration posted the weekly report on oil inventories. Key economic data from the US and Eurozone is expected later this week, with an interest rate decision by the ECB tomorrow and employment data from the US on Friday. […]
Read moreJune 4, 2014 1:07 pm
Gold and silver futures traded higher during midday trade in Europe today. However, any big moves are saved for the rest of the week, as crucial reports are expected. Tomorrow the European Central Bank (ECB) will reveal its interest rate decision, which will impact the euro, and consequently the dollar and havens. On Friday the […]
Read moreJune 4, 2014 11:37 am
Grains futures traded moderately higher during midday trade in Europe today. Yesterday contracts priced in the significantly improving outlook for US crops, reported on Monday. Weather conditions remain largely favorable. Weather reports forecast frequent, though scattered showers throughout the Midwest this week, which could potentially disrupt fieldwork, to slow remaining planting and possibly force some […]
Read moreJune 4, 2014 9:11 am
Natural gas futures were little changed during early trading in Europe today. Traders will probably hold off big deals until the US Energy Information Administration reveals weekly natural gas inventories gains tomorrow. Meanwhile, weather patterns over the US project some mixed weather, with plenty of both cool and heat throughout. Front month natural gas futures, […]
Read moreJune 4, 2014 8:23 am
Gold and silver futures traded slightly higher during early hours in Europe today, after logging insignificant gains the previous session. Investors are now awaiting a crucial ECB interest rate decision due tomorrow, and key US data on employment, through reports today and on Friday. Gold futures for delivery in August traded for $1 246.3 per […]
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