January 29, 2014 8:39 am
West Texas Intermediate crude eased after hitting the highest price in four weeks on Tuesday as a private report showed a larger-than-expected gain in US crude inventories in the week through January 24th. Investors awaited the outcome of FOMCs two-day meeting ending today where an alleged further reduction in the central banks monthly bond purchases […]
Read moreJanuary 29, 2014 8:36 am
Gold traded little changed on Wednesday, as investors expected Fed policy makers will scale back stimulus at their two-day meeting, which concludes today. Reduced physical demand from China weighed on prices, while assets in the SPDR Gold Trust, the biggest bullion-backed ETF remained close to a 5-year low, adding to bearish sentiment. On the Comex […]
Read moreJanuary 28, 2014 2:30 pm
Grain futures were mixed on Tuesday, wheat advanced amid potentially harmful weather conditions in the US, the largest exporter of the grain. Meanwhile, corn and soybeans lost ground. On the Chicago Board of Trade, wheat futures for settlement in March added 0.79% to trade at $5.6788 per bushel by 13:40 GMT. Prices jumped to a […]
Read moreJanuary 28, 2014 8:59 am
Natural gas advanced, rebounding from the biggest daily decline since May, as short-term weather forecasting models called for freezing cold weather conditions over most of the densely populated US areas. Chilly temperatures boost natural gas demand, as Americans crank up the heating. On the New York Mercantile Exchange, natural gas for delivery in March surged […]
Read moreJanuary 28, 2014 8:36 am
West Texas Intermediate crude recovered after hitting a one-week low on Monday but gains were capped before a government report that may show a modest increase in US crude oil inventories, despite a projected decline in distillate fuel stockpiles. Prices received further pressure as markets awaited the outcome of FOMCs two-day meeting where policy makers […]
Read moreJanuary 28, 2014 7:51 am
Gold retreated from nine-week highs on expectation Federal Reserve will scale back its stimulus at the upcoming FOMCs meeting. Reduced physical demand from China weighed on prices, while assets in the SPDR Gold Trust, the biggest bullion-backed ETF remained close to a 5-year low, adding to bearish sentiment. On the Comex division of the New […]
Read moreJanuary 27, 2014 2:39 pm
Grain futures advanced on Monday, wheat gained amid potentially harmful weather conditions in the US, the largest exporter of the grain. On the Chicago Board of Trade, wheat futures for settlement in March added 0.92% to trade at $5.7038 per bushel by 14:31 GMT. Prices jumped to a session high of $5.7038, while day’s bottom […]
Read moreJanuary 27, 2014 1:02 pm
Natural gas retreated from 5-year highs on Monday, as long-term US weather forecasts called for a period of milder conditions across most of the densely populated US areas. On the New York Mercantile Exchange, natural gas for delivery in March declined by 1.19% to trade at $5.029 per million British thermal units by 13:01 GMT. […]
Read moreJanuary 27, 2014 8:53 am
Gold advanced to the highest level in more than two months, after a slump in equities on concern that growth in emerging economies will slow, boosted demand for the yellow metal as an alternative investment. A weaker dollar and increased Chinese physical demand also supported the metal, while assets in the SPDR Gold Trust, the […]
Read moreJanuary 26, 2014 10:26 am
Gold traded little changed on Friday, but settled the week close to two-month high, following a slump in equities on concern that growth in emerging economies will slow, which boosted demand for the yellow metal as an alternative investment. However, assets in the SPDR Gold Trust, the biggest bullion-backed ETF remained unchanged on Friday, which […]
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