May 2, 2014 1:25 pm
Safe-haven metals were pressured during afternoon trade in Europe today, as improving employment data from the US added to previous manufacturing and consumer reports. The figures solidify positive outlooks for the worlds largest economy, after Feds vote of confidence. Copper also felt the major news for the US, but traded above the last close, after […]
Read moreMay 2, 2014 11:59 am
New York copper added modest gains before noon in Europe today. Strong figures on factory activity in the US and EU off-set somewhat disappointing data from China yesterday. US unemployment rate eyed. Copper futures for July, the most traded contract on the COMEX in New York, traded for $3.0365 per pound at 11:58 GMT, adding […]
Read moreMay 2, 2014 9:10 am
Early European trading saw front month natural gas regain some of last sessions losses, when a report on significant gains in supplies in top consumer US prompted bearish trade. Weather reports project a slightly cooler weather over most of the northern and eastern states. Front month natural gas futures, due in June, added 0.59% at […]
Read moreMay 2, 2014 8:06 am
Gold contracts traded even with last sessions close during early European trading today. The precious metal is pressured by the improving US economy and dropped again yesterday, for a fourth consecutive day. Gold futures due in June traded for $1 283.7 per troy ounce at 7:58 GMT on the COMEX in New York today, adding […]
Read moreMay 2, 2014 7:22 am
Crude oil contracts orbited yesterdays close during early trading in Europe today. Both West Texas Intermediate and Brent continued to lose on Thursday, after a significant build-up in supplies in the US was reported on Wednesday. West Texas Intermediate futures for delivery in June traded for $99.52 per barrel at 7:17 GMT on the New […]
Read moreMay 1, 2014 1:47 pm
Gold and silver futures fell for a fourth straight session during trading in Europe today, amid official optimism about the US economy. Meanwhile, copper futures marked a drop, as outlooks of an improving dollar added to bearish data from China. Gold futures due in June traded for $1 278.4 per troy ounce at 13:42 GMT […]
Read moreMay 1, 2014 11:52 am
Crude oil futures kept dropping before noon in Europe today, as growing supplies in the US weighed on prices in addition to bearish economic data from the US and China. Natural gas contracts also slid, as expectations on big gains in US stockpiles outweigh forecasts of cooler weather over most of the States. West Texas […]
Read moreMay 1, 2014 9:39 am
Natural gas futures traded bearishly during early hours in Europe, as the market is expecting the weekly report on blue fuel stockpiles in the US to show a sizable gain in inventories. An extended period of cooler-than-usual weather over the eastern half of the US drove prices to 2-month highs. Front month natural gas futures, […]
Read moreMay 1, 2014 8:42 am
Gold extended its slide during early European trading, after a turbulent session yesterday, which closed on-par with the previous. Later today Federal Reserve Chairwoman Janet Yellen will speak. Data on employment and manufacturing activity for the US is also expected. Gold futures for delivery in June traded for $1 283.1 per troy ounce at 8:40 […]
Read moreMay 1, 2014 7:21 am
West Texas Intermediate contracts orbited the last close during early trading hours in Europe today, after yesterday news of record-high crude oil supplies in the US hit the brand to drop near a month-low. Brent was also pressured by the news, but support by a deepening conflict in Ukraine capped losses to much less than […]
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