April 30, 2014 3:01 pm
Both West Texas Intermediate and Brent futures declined on Wednesday, as the US governments report on stockpiles pressured both contracts. Meanwhile, natural gas futures dropped during early trading in Europe today, after reaching the highest price since winter on Tuesday. West Texas Intermediate futures for delivery in June traded for $99.80 per barrel at 14:57 […]
Read moreApril 30, 2014 1:36 pm
Expectations of reduced monetary stimulus in the US, following the Feds meeting, pressured gold today, before a report of worse-than-expected growth in the US boosted the precious metal. Silver also recorded losses. Meanwhile, copper was orbiting yesterdays close, before the GDP report hit hard on the industrial metal. Gold futures due in June traded for […]
Read moreApril 30, 2014 11:12 am
Copper futures kept around last sessions close during early trading in Europe today, after dropping on speculation of a stronger dollar yesterday. Tomorrow the very important manufacturing Purchasing Managers Indices for China and the US will be released, with forecasts of slight gains for both. Copper futures for July, the most traded contract on the […]
Read moreApril 30, 2014 9:28 am
Natural gas futures dropped during early trading in Europe today, after reaching the highest price since winter on Tuesday. Weather forecasts project a cooler week for the eastern half of the US, while the West Coast is set for a few very hot days. Front month natural gas futures, due in June, lost 0.33% at […]
Read moreApril 30, 2014 8:33 am
Gold continued to slide during early trading in Europe, as investors await key data from the US. Expectations of a reduction in economic stimulus by the Fed, coupled with forecasts of strong employment figures from the worlds top economy pushed contracts for the precious metal down. Gold futures due in June traded for $1 291.1 […]
Read moreApril 30, 2014 7:23 am
Expectations for a second week of all-time-high crude oil stockpiles in the US pressured West Texas Intermediate to fall to near a monthly low. Brent also saw bearish trading early in the European session, after sizable gains yesterday on Ukraine. West Texas Intermediate futures for delivery in June traded for $100.19 per barrel at 7:21 […]
Read moreApril 29, 2014 2:43 pm
Gold kept steady during afternoon trade in Europe today, as fears over Ukraine off-set projections of a stronger dollar. Silver added to yesterdays losses. Meanwhile, copper futures on the COMEX marked a decline, as investors weighed mixed data from the US with speculation of an improving greenback. Gold futures due in June traded for $1 […]
Read moreApril 29, 2014 1:24 pm
Brent and West Texas Intermediate futures traded higher before noon in Europe today, on worries about the crisis in Ukraine. Natural gas reversed some of the gains it made yesterday, when storms and rains pushed readings in the central and eastern US down. West Texas Intermediate futures for delivery in June traded for $101.47 per […]
Read moreApril 29, 2014 12:07 pm
Copper futures on the COMEX recorded bearish trading before noon in Europe, as investors weigh rising home sales in the US with speculation of an improving dollar. Growing demand in China and improving prospects for the US lift long-term sentiment. Copper futures for July, the most traded contract in New York, stood at $3.0835 per […]
Read moreApril 29, 2014 10:07 am
During early European trading natural gas reversed some gains it made yesterday, when storms and rains pushed readings in the central and eastern US down. The cooler weather is forecast to extend its stay to the next few days, backing higher heating demand outlooks. On the West Coast there is a completely different picture, with […]
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