May 30, 2014 7:53 am
Both WTI and Brent futures were relatively steady during early trading in Europe today. Yesterday the US government revealed weekly readings on oil inventories, pointing a sizable drop at Cushing, which boosted crude contracts. Elsewhere, the US economy has been quite supportive of oil outlooks, with US stocks recording all-time highs. West Texas Intermediate futures […]
Read moreMay 29, 2014 12:53 pm
Gold and silver futures remained lower during midday trading in Europe today. Earlier this week, better-than-expected figures for the US bumped up US stocks to record highs, pressuring havens. Additionally, the dollar grew stronger, further lowering the appeal of precious metals. Meanwhile, copper futures declined on profit taking today, after the metal reached a three-month […]
Read moreMay 29, 2014 11:24 am
WTI and Brent futures traded higher at midday in Europe today, after being pressured yesterday by a preliminary report on US inventories, showing supplies increased. The official report is due later today. Contracts remained supported by strongly improving readings on the US economy, the world’s top oil consumer. Meanwhile, natural gas futures were largely unchanged […]
Read moreMay 29, 2014 9:03 am
Natural gas futures were largely unchanged during early trading in Europe today. Over the previous three days the blue fuel gained almost 5%, as investors bet power demand will be surging in the US amid summer temperatures forecasts. The US governments weekly report on natgas supplies is due later today, while weather reports project more […]
Read moreMay 29, 2014 8:02 am
Gold and silver futures traded lower during early hours in Europe today, ahead of several important readings on the US economy. Earlier this week, better-than-expected figures for the US bumped up US stocks to record highs, pressuring havens. Additionally, the dollar grew stronger, further lowering the appeal of precious metals. Gold futures for delivery in […]
Read moreMay 29, 2014 6:54 am
Both WTI and Brent futures were leveled during early trade in Europe today. Yesterday crude oil was pressured by a preliminary report on US inventories, showing supplies increased. The official report is due later today. Contracts remained supported by strongly improving readings on the US economy, the worlds top oil consumer. West Texas Intermediate futures […]
Read moreMay 28, 2014 2:02 pm
WTI and Brent futures continued downwards during midday in Europe today. Yesterday both contracts backed off from monthly highs, amid speculation of growing crude supplies in top-consumer US. Meanwhile, natural gas futures added on previous gains, supported by speculation of increasing power demand, due to the above-normal temperatures in the US. West Texas Intermediate futures […]
Read moreMay 28, 2014 1:41 pm
Gold and silver futures were steady during trade in Europe today. On Tuesday the US posted better-than-expected economic data, which prompted a rally for already high stocks, pressuring havens. Elsewhere, Ukraine remained a hot spot, but support was largely overcome by the economic figures from the US. Meanwhile, copper futures were also stable near a […]
Read moreMay 28, 2014 11:55 am
Natural gas futures added on previous gains during midday in Europe today. Yesterday the blue fuel recorded a sizable growth, supported by speculation of increasing power demand, due to the above-normal temperatures. Weather reports project more relatively warm days to follow through to next week, when a sizable peak is expected. Previously, mild weather and […]
Read moreMay 28, 2014 9:36 am
Wheat and corn futures kept the bearish momentum during early hours in Europe today, after on Tuesday the US Department of Agriculture revealed crops had progressed relatively well, pressuring all grains. Meanwhile, soybeans regained some ground, after it also slipped on the crops report yesterday. Weather reports forecast mostly favorable conditions for planting in the […]
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