May 28, 2014 7:19 am
Both WTI and Brent futures added early in Europe today. Yesterday both contracts backed off from monthly highs, amid speculation of growing crude supplies in top-consumer US. Oil has been supported by an improving economic outlook for the US and tensions in Ukraine, which alongside a sharp drop in US inventories last week bumped up […]
Read moreMay 27, 2014 2:11 pm
Gold and silver futures were pressured by generally positive economic data from the US today. Consumer confidence scored the highest figure since 2008, while services PMI and durable goods orders beat forecasts. Elsewhere, fighting intensified in Ukraine on Monday, after on Sunday the Eastern European country held presidential elections. Meanwhile, copper futures remained supported by […]
Read moreMay 27, 2014 1:01 pm
Both WTI and Brent futures were steady today, as investors weighed US data with the conflict in Ukraine, where on Monday deadly fighting for the airport in Donetsk erupted. Durable goods orders in the US for April were reported today, to reveal still growing orders, though at a much slower pace. Later this week more […]
Read moreMay 27, 2014 11:55 am
Grains futures were pressured by easing weather conditions for top-exporter US, ahead of the Department of Agricultures weekly report on crops progress. US exchanges reopened after the three-day weekend today, for wheat and corn to reach multi-month lows, after further drops were recorded last week. Soybeans also traded lower, after logging a sizable gain last […]
Read moreMay 27, 2014 9:17 am
Natural gas futures traded lower during early European hours today, after muted activity on Monday, due to a holiday in the US. Weather reports project more warm days to follow, with some cooler periods later in the week. Previously, mild weather and growing shale production made possible significant gains for US supplies recently, pressuring contracts […]
Read moreMay 27, 2014 8:09 am
Gold and silver futures traded bearishly early in Europe today, ahead of US economic data. Durable goods orders are set for a sizable drop, while the consumer confidence index and services PMI will probably log improvement. Elsewhere, fighting intensified in Ukraine on Monday, after on Sunday the Eastern European country held presidential elections. The winner, […]
Read moreMay 27, 2014 7:21 am
WTI futures were steady during early trade in Europe today, while Brent gained with support from the conflict in Ukraine. Fighting intensified on Monday, after on Sunday the Eastern European country held presidential elections, in a bid to restore stability and unity to a divided nation. Elsewhere, a number of important economic figures for the […]
Read moreMay 26, 2014 12:32 pm
WTI and Brent futures were pressured during midday in Europe, with only muted trade, due to a holiday in the US and UK. Ukraine held presidential elections on Sunday, and the winner is almost certain to be confectionery billionaire Petro Poroshenko. Elsewhere, a number of important economic figures for top-consumer US will be reported this […]
Read moreMay 26, 2014 11:40 am
Gold and silver futures price levels were little changed till midday in Europe today, with muted activity due to a holiday in the US and UK. Ukraine held presidential elections on Sunday, and the winner is almost certain to be confectionery billionaire Petro Poroshenko. Elsewhere, a number of important economic figures for the US will […]
Read moreMay 26, 2014 9:17 am
Natural gas futures were relatively stable during early hours in Europe today. The US mark Memorial day, which is a holiday, and it severely hampered activity on the markets. Weather reports project more warm days to follow, with some cooler periods later in the week. Previously, mild weather and growing shale production made possible significant […]
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