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Commodities Trading Outlook: Gold, silver and copper futures

April 9, 2014 1:28 pm
Copper futures declined on Wednesday amid speculation an official scrutiny of debt proceeds in China, the worlds largest consumer of the red metal, may lead to potential defaults, curbing demand for copper. Meanwhile, gold and silver futures both declined ahead of the release of the Federal Reserve minutes from its latest policy meeting, as investors […] Read more

Natural Gas Futures Daily Trading Forecast

April 9, 2014 11:54 am
During Tuesday’s trading session natural gas futures for delivery in May traded within the range $4.463-$4.566 and closed at $4.551. At 11:36 GMT today natural gas futures for settlement in May traded at $4.547 per million British thermal units, adding 0.28% for the day. The contract touched a daily high at $4.555 per mBtu at […] Read more

Gold Futures Daily Trading Forecast

April 9, 2014 11:04 am
During Tuesday’s trading session gold futures for delivery in June traded within the range $1 297.20-$1 314.70 and closed at $1 310.10. At 10:55 GMT today gold futures for settlement in June traded little changed at $1 309.50 per troy ounce, adding 0.03% for the day. The contract touched a daily high at 1 314.30 […] Read more

Corn Futures Daily Trading Forecast

April 9, 2014 9:42 am
During Tuesday’s trading session corn futures for delivery in May traded within the range 496.4-507.6 and closed at 506.9. At 09:22 GMT today corn futures for settlement in May traded at 508.6 US cents per bushel, adding 0.2% for the day. The contract hit a daily high at 510.4 US cents per bushel at 04:30 […] Read more

WTI Futures Daily Trading Forecast

April 8, 2014 2:44 pm
During Monday’s trading session WTI futures for delivery in May traded within the range $99.92-$101.32 and closed at $100.44 per barrel. At 14:34 GMT today WTI futures for settlement in May traded at $100.93 per barrel, adding 0.49% for the day. The contract breached the first resistance level of $101.20 a barrel, touching a daily […] Read more

Commodities Trading Outlook: Gold, silver and copper futures

April 8, 2014 2:07 pm
Copper futures declined on Tuesday after advancing the most in a week yesterday, following comments by managers of the biggest copper mining companies that they were confident the Chinese economy will expand in line with analysts estimates this year and demand in the country, which is the biggest consumer of the metal will accelerate soon. […] Read more

Commodities Trading Outlook: Natural gas, crude oil futures

April 8, 2014 11:27 am
Both West Texas Intermediate and Brent crude benchmarks rebounded on Tuesday supported by rising tensions between Russia and the West and on expectations US motor gasoline inventories fell for a seventh straight week. Gains however were checked by the prospects of rising output in Libya, coupled with signs of a further thaw in relations between […] Read more

Natural Gas Futures Daily Trading Forecast

April 8, 2014 9:44 am
During Monday’s trading session natural gas futures for delivery in May traded within the range $4.446-$4.476 and closed at $4.527. At 09:43 GMT today natural gas futures for settlement in May traded at $4.495 per million British thermal units, adding 0.41% for the day. The contract touched a daily high at $4.513 per mBtu at […] Read more

Soybeans Futures Daily Trading Forecast

April 8, 2014 8:30 am
During Monday’s trading session soybeans futures for delivery in May traded within the range 1459.9-1479.4 and closed at 1463.0. At 08:25 GMT today soybeans futures for settlement in May traded at 1466.3 US cents per bushel, adding 0.14% for the day. The contract hit a daily high at 1471.1 US cents per bushel at 02:05 […] Read more