May 21, 2014 8:30 am
Precious metals were steady during early trading in Europe today, ahead of Feds minutes release. Assets at the SPDR dropped to a five-year low on Tuesday. Elsewhere, Ukraine saw further confrontations on Tuesday, when the country’s richest man urged for peace and unity ahead of the presidential election on May 25. Gold futures for delivery […]
Read moreMay 21, 2014 7:05 am
Crude oil futures added on gains since yesterday during early trading hours in Europe today. Tuesdays American Petroleum Institute report on oil inventories in the US suggested crude stocks had declined by more than 10 million barrels. The official government report is due later today. Elsewhere, Ukraine saw further confrontations on Tuesday, when the countrys […]
Read moreMay 20, 2014 1:40 pm
Crude oil futures were steady, as investors weighed forecasts of growing supplies in the US with geopolitical risks, stemming from Europe and Libya. The presidential election in Ukraine on May 25 will be in focus this week. Meanwhile, natural gas futures reversed earlier losses, ahead of the weekly inventories report on Thursday. Weather reports predict […]
Read moreMay 20, 2014 12:55 pm
Precious metals were pressured by a bearish report on worldwide gold demand, released earlier today. Paring negative sentiment to some extent, the crisis in Ukraine continues to be in focus, as the presidential election there draws near. Meanwhile, copper futures dropped today, after reaching a three-month high on Monday, with support from the Chinese government […]
Read moreMay 20, 2014 11:35 am
Natural gas futures traded lower before noon in Europe today. Weather reports project a normal week for top-consumer US, in terms of temperatures, with a sizable warming next week. Stockpiles in the US were reported to have increased last week, but remain almost a trillion cubic feet below last year’s figures. Front month natural gas […]
Read moreMay 20, 2014 10:00 am
Grain futures traded higher during early trading in Europe today. Wheat advanced on reported worsening crop conditions in the US. Soybeans exports recorded a sizable growth, supporting the contract. Weather conditions will be generally good for crops, with plenty of sun in most areas, and some much needed rains in others. Weather reports for the […]
Read moreMay 20, 2014 8:32 am
Precious metals were pressured by a report on gold demand during early trading in Europe today. The report revealed lowering physical demand for the yellow metal for the first quarter of 2014. Elsewhere, US stocks gained on Monday, adding to Fridays rally. Paring bearish sentiment to some extent, the crisis in Eastern Europe continues to […]
Read moreMay 20, 2014 7:16 am
Crude oil futures traded slightly higher during early European hours, as investors eye every negative development in Ukraine, ahead of the presidential election on May 25. Libya is also supportive for prices, as the confrontation there is also entering a bloody phase, with a civil war looming on the horizon. Elsewhere, US supplies forecasts are […]
Read moreMay 19, 2014 12:56 pm
Precious metals advanced during trading in Europe today, amid talk of relaxed import limitations in second top-consumer India. Elsewhere, risks over tensions in Ukraine are in the focus ahead of the presidential election on May 25th. Meanwhile, copper futures reached a three-month high during early trading in Europe today, as China demand outlooks grew when […]
Read moreMay 19, 2014 11:56 am
Crude oil futures extended last week’s rally during early trading in Europe today, as bloody fighting in Libya over the weekend boosted the risk premium. Elsewhere, Ukraine is preparing to hold presidential elections this week. Meanwhile, natural gas futures climbed during early trading in Europe today, after sizable losses last week. West Texas Intermediate futures […]
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