June 24, 2014 1:42 pm
WTI and Brent futures were lower during afternoon trade in Europe today, ahead of US oil reports. Fighting continued across Iraq, with militants claiming the countrys biggest oil refinery. Meanwhile, natural gas futures were higher, after the recent slump on speculation that the US will see cooler weather. West Texas Intermediate futures for settlement in […]
Read moreJune 24, 2014 1:10 pm
Gold and silver futures were higher during midday trade in Europe today, as fighting in Iraq continued, with militants making more advances. Meanwhile, copper futures were steady as China posted declining volumes of copper imports. Gold futures for delivery in August traded for $1 322.5 per troy ounce at 13:07 GMT on the COMEX in […]
Read moreJune 24, 2014 12:09 pm
Natural gas futures were higher during midday trade in Europe today. Weather forecasts call for milder weather over the Midwest and Northeast, limiting cooling demand outlook. US nat gas inventories seen gaining more than previous years for this week as well. Front month natural gas futures, due in July, added 0.61% at the New York […]
Read moreJune 24, 2014 9:32 am
Wheat, corn and soybeans futures slid during early trade in Europe today. The US Department of Agriculture (USDA) released weekly readings on crops yesterday, pressuring corn and wheat to new lows, while soybeans gained. Weather patterns project more storms for the northern Plains and the Midwest this week. Rains will maintain surplus soil moisture, favoring […]
Read moreJune 24, 2014 7:44 am
Gold futures were slightly lower during early trade in Europe today. Key reports on US and EU economic sentiment are due later today, after the Eurozone posted some below-par data yesterday. Fighting in Iraq continued, with militants making more advances. Gold futures for delivery in August traded for $1 316.1 per troy ounce at 7:42 […]
Read moreJune 24, 2014 6:36 am
WTI and Brent futures were lower during early trade in Europe today. Fighting in Iraq continued, with militants making more advances, but traders bet on the safety of the southern oilfields. Several reports on top oil-consuming economies are due today. West Texas Intermediate futures for settlement in August traded for $105.91 per barrel at 6:34 […]
Read moreJune 23, 2014 2:27 pm
WTI and Brent futures were lower during afternoon trade in Europe today. Both contracts scored gains last week, as Islamist militants battled security forces in Iraq, OPECs second-top oil producer. Meanwhile, natural gas futures were lower, as weather forecasts project cooler weather over parts of the northern US, lowering power demand outlooks. West Texas Intermediate […]
Read moreJune 23, 2014 1:10 pm
Gold and silver futures were relatively steady during midday trade in Europe today. Precious metals logged sizable gains last week, as the US central bank, the Federal Reserve, announced interest rates will remain lower. Meanwhile, copper futures were higher, boosted by surprisingly good factory data from top-consumer China. Gold futures for delivery in August traded […]
Read moreJune 23, 2014 9:19 am
Natural gas futures were lower during early trade in Europe today, after a sizable weekly drop was logged on Friday. Weather forecasts project cooler weather over parts of the northern US, lowering power demand outlooks. Front month natural gas futures, due in July, dropped 0.44% at the New York Mercantile Exchange to trade for $4.511 […]
Read moreJune 23, 2014 8:01 am
Gold futures were slightly lower during early trade in Europe today. Precious metals logged sizable gains last week, as the US central bank, the Federal Reserve, announced interest rates will remain lower. Investors now await key data from both the Eurozone and the US. Gold futures for delivery in August traded for $1 316.1 per […]
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