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Crude oil trading outlook: WTI futures climb after US oil report, Brent steady

July 17, 2014 6:33 am
WTI futures were higher during early trade in Europe today, while Brent was steady. The US posted weekly oil inventories figures yesterday, supporting crude. Elsewhere, the US and EU stepped up sanctions against Russia as its efforts towards peace in Ukraine are seen as insufficient. West Texas Intermediate futures for settlement in August traded for […] Read more

Commodities trading outlook: crude oil and natural gas futures

July 16, 2014 2:37 pm
WTI and Brent futures were higher during afternoon trade in Europe today, as the EIA posted the weekly US oil report. Meanwhile, natural gas futures were higher, after another sizable daily loss on Tuesday. West Texas Intermediate futures for settlement in August traded for $100.69 per barrel at 14:35 GMT on the New York Mercantile […] Read more

Commodities trading outlook: gold, silver and copper futures

July 16, 2014 11:57 am
Gold futures were steady during midday trade in Europe today, while silver dropped. Fed Chair Janet Yellen spoke before Congress yesterday, and her remarks lifted the dollar, pressuring havens. Meanwhile, copper futures were lower, despite encouraging China data. Gold futures for delivery in August traded for $1 298.3 per troy ounce at 11:56 GMT on […] Read more

Gold trading outlook: futures hit by Yellen remarks, dollar climbs

July 16, 2014 7:22 am
Gold futures were steady during early trade in Europe today, after sizable losses so far this week. Yellen testified the Feds stance on stimulus and a possible rate hike before lawmakers yesterday, boosting sentiment for the US dollar. Gold futures for delivery in August traded for $1 298.0 per troy ounce at 7:21 GMT on […] Read more

Commodities trading outlook: crude oil and natural gas futures

July 15, 2014 1:46 pm
WTI and Brent futures were lower during midday trade in Europe today, ahead of readings on US oil inventories. Fresh fighting was reported in Libya, as the government suggested foreign peacekeepers be brought in. Meanwhile, natural gas futures reversed earlier losses to stand neutral, after reaching a six-month low on Monday. West Texas Intermediate futures […] Read more

Commodities trading outlook: gold, silver and copper futures

July 15, 2014 1:25 pm
Gold and silver futures were slightly higher during midday trade in Europe today, ahead of highly anticipated Yellen speech. Meanwhile, copper futures were lower. Gold futures for delivery in August traded for $1 309.1 per troy ounce at 13:22 GMT on the COMEX in New York today, up 0.18%. Daily high and low stood at […] Read more