June 2, 2014 10:02 am
Natural gas futures traded higher during early hours in Europe today, after logging a sizable gain last week. Traders have had expectations of growing power demand in the US, which consume more than 21% of natgas supply, for some time, in light of rising temperatures. However, inventories scored the biggest injection in five years, a […]
Read moreJune 2, 2014 8:21 am
Gold futures were steady during early hours in Europe today, while silver logged some limited gains, ahead of economic reports. Previously, stocks reached all-time highs last week, supported by robust economic data from the US. Elsewhere, Ukraine saw renewed battles early on Monday, after some of the fiercest and deadliest fighting last week. Gold futures […]
Read moreJune 2, 2014 7:01 am
WTI and Brent futures traded higher during early hours in Europe today, after China reported improving factory outlooks on Sunday. Last week a number of positive US reports boosted sentiment, though a sizable gain in supplies was enough of pressure contracts lower for the week. Elsewhere, Ukraine saw renewed battles early on Monday, after some […]
Read moreJune 1, 2014 6:12 am
WTI and Brent futures closed the week for sizable losses, after the US, which consume more than 21% of all oil, recorded gains in supplies, pressuring crude contracts. However, gasoline demand seems to be picking up ahead of summer driving season, and the US economy has been quite supportive of oil outlooks, with US stocks […]
Read moreMay 31, 2014 9:43 am
Natural gas marked a minor daily retreat on Friday, but settled the week 4% higher as weather forecasting agencies predicted above seasonal temperatures across most of the US, as well as severe thunderstorms in some areas. Meanwhile, investors remained bullish in the long term as inventory injections hardly exceed expectations, while storage levels remain well […]
Read moreMay 31, 2014 5:38 am
Gold and silver futures recorded significant losses this week, pressured by improving readings on the US economy. US stocks closed for all-time highs, fomented by confidence in the economy, which in turn lowered the investment appeal of havens. Elsewhere, Ukraine is still gripped by a bloody conflict, but traders seem to shrug off the possibility […]
Read moreMay 30, 2014 1:23 pm
WTI and Brent futures were headed for weekly losses during midday trade in Europe today, pressured by growing supplies in top-consumer US. Economic outlooks remain positive, but fundamentals weighed on investors sentiment. Elsewhere, Ukraine remains as potential support. Meanwhile, natural gas futures were on course for a sizable weekly gain, amid rising temperatures in the […]
Read moreMay 30, 2014 12:57 pm
Gold and silver futures were largely on par with the previous close, during midday trade in Europe today. However, the precious metals were on course for a weekly loss, pressured by improving US economic data, which boosted stocks to all-time highs. Meanwhile, copper futures added, but are headed for a weekly loss, ahead of major […]
Read moreMay 30, 2014 9:34 am
Natural gas futures traded higher during early hours in Europe today. On Thursday the blue fuel dropped as the US, which consume more than 24% of total natgas production, reported a massive supplies gain. Weather reports project more warm days to follow through to next week, when a sizable peak is expected. Front month natural […]
Read moreMay 30, 2014 8:37 am
Gold and silver futures traded lower during early hours in Europe today, and are on course for a big weekly loss. Improving US economic data boosted stocks to all-time highs, pressuring havens. Elsewhere, Ukraine is still gripped by a bloody conflict, but traders seem to shrug off the possibility of a sharp escalation. Gold futures […]
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