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Natural gas trading outlook: futures steady ahead of US storage data

August 7, 2014 10:25 am
Natural gas prices were steadily orbiting Wednesdays close during early trade in Europe today. Investors await the key report on US natgas storage levels, which usually prompts a surge in traded volumes. Natural gas futures for September on the NYMEX were up 0.05% to trade at $3.935 per million British thermal units (mBtu) at 10:28 […] Read more

Gold trading outlook: futures lower ahead of ECB decision, Ukraine worries

August 7, 2014 9:03 am
Gold prices were grinding lower during early trade in Europe today, as investors await ECB decisions on rates later today. Safe haven bids stemming from growing worries over the crisis in Ukraine boosted gold prices for the biggest daily rally in almost a month on Wednesday. Gold futures for December delivery trade at $1 305.3 […] Read more

Commodities trading outlook: crude oil and natural gas futures

August 6, 2014 2:46 pm
WTI and Brent prices were higher during midday trade in Europe today, as the US posted weekly readings on oil inventories. Meanwhile, natural gas prices were also on the upside, as traders weigh projections for natgas stocks build, due to be reported tomorrow. WTI futures for September delivery on the NYMEX traded at $97.95 per […] Read more

Commodities trading outlook: gold, silver and copper futures

August 6, 2014 1:16 pm
Gold and silver prices soared during midday trade in Europe today, as tensions over the crisis in Ukraine outweighed a strengthening dollar. Meanwhile, copper futures were lower, as traders priced in the rising dollar and concerning China data. Gold futures for December delivery traded at $1 307.9 per troy ounce at 13:17 GMT on the […] Read more

Natural gas trading outlook: futures climb as US temps set to rise

August 6, 2014 9:58 am
Natural gas prices were higher during early trade in Europe today. The blue fuel recorded an impressive rally this week, as weather patterns call for rising temperatures over top-consumer US in the coming days. Natural gas futures for delivery in September traded at $3.902 per million British thermal units (mBtu) at 9:54 GMT on the […] Read more

Gold trading outlook: futures rise on safe haven bids, US dollar climbs

August 6, 2014 8:46 am
Gold prices rose during early trade in Europe today, as remarks of a possible Russian invasion of Ukraine stoked safe haven demand. Meanwhile, the US dollar is hovering at a one-year peak, in light of improving readings for the worlds top economy. Gold futures for December delivery traded at $1 291.7 per troy ounce at […] Read more

Commodities trading outlook: gold, silver and copper futures

August 5, 2014 2:11 pm
Gold futures were slightly lower during midday trade in Europe today, while silver slumped, after the US services sector was reported to be gaining pace. Meanwhile, copper futures fell, after Chinas services were seen as weakening. Gold futures for December settlement traded for $1 286.8 per troy ounce at 14:09 GMT on the COMEX in […] Read more

Commodities trading outlook: crude oil and natural gas futures

August 5, 2014 12:53 pm
WTI and Brent futures were slightly lower during midday trade in Europe today, ahead of advanced readings on US oil inventories. Meanwhile, natural gas futures rose, as weather patterns called for rising temps over the US later this week. WTI for September delivery traded for $98.19 per barrel at 12:49 GMT on the NYMEX, down […] Read more