April 10, 2014 1:43 pm
Copper futures traded little changed after yesterday’s Fed minutes suggested policy makers will be cautious when raising interest rates, while at the same time Chinese exports unexpectedly declined for a second straight month, raising concerns over the economic outlook of the worlds largest consumer of the metal. Meanwhile, gold futures rose to a two-week high, […]
Read moreApril 10, 2014 12:26 pm
West Texas Intermediate crude fell on Thursday but held near the highest level in a month after a spike in US gasoline demand, coupled with persisting tension in eastern Ukraine. The oil market was however pressured by weak trade data from China, another sign of an economic slowdown in the world’s second-biggest consumer. Meanwhile, natural […]
Read moreApril 10, 2014 7:11 am
During Wednesday’s trading session natural gas futures for delivery in May traded within the range $4.499-$4.592 and closed at $4.565. At 07:10 GMT today natural gas futures for settlement in May traded at $4.577 per million British thermal units, losing 0.2% for the day. The contract touched a daily high at $4.583 per mBtu at […]
Read moreApril 10, 2014 6:46 am
Gold futures advanced to the strongest level in more than two weeks, following the release of the Federal Reserve minutes that played down forecasts by some of the central banks own officials that borrowing costs might rise faster than previously estimated. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were unchanged yesterday, after […]
Read moreApril 10, 2014 6:35 am
West Texas Intermediate crude fell in early European trading on Thursday but held near the highest level in a month after a spike in US gasoline demand, coupled with persisting tension in eastern Ukraine. Wednesdays Fed minutes, which suggested policy makers will be cautious when raising interest rates also helped push prices up. The oil […]
Read moreApril 9, 2014 3:02 pm
Both West Texas Intermediate and Brent crude benchmarks trimmed their gains on Wednesday after the EIA reported the first gain in supplies at Cushing in ten weeks, coupled with a larger-than-expected jump in nationwide crude inventories. The market however remained underpinned by supply concerns stemming from persisting tension in eastern Ukraine, as well as a […]
Read moreApril 9, 2014 1:28 pm
Copper futures declined on Wednesday amid speculation an official scrutiny of debt proceeds in China, the worlds largest consumer of the red metal, may lead to potential defaults, curbing demand for copper. Meanwhile, gold and silver futures both declined ahead of the release of the Federal Reserve minutes from its latest policy meeting, as investors […]
Read moreApril 9, 2014 11:54 am
During Tuesday’s trading session natural gas futures for delivery in May traded within the range $4.463-$4.566 and closed at $4.551. At 11:36 GMT today natural gas futures for settlement in May traded at $4.547 per million British thermal units, adding 0.28% for the day. The contract touched a daily high at $4.555 per mBtu at […]
Read moreApril 9, 2014 11:04 am
During Tuesday’s trading session gold futures for delivery in June traded within the range $1 297.20-$1 314.70 and closed at $1 310.10. At 10:55 GMT today gold futures for settlement in June traded little changed at $1 309.50 per troy ounce, adding 0.03% for the day. The contract touched a daily high at 1 314.30 […]
Read moreApril 9, 2014 9:42 am
During Tuesday’s trading session corn futures for delivery in May traded within the range 496.4-507.6 and closed at 506.9. At 09:22 GMT today corn futures for settlement in May traded at 508.6 US cents per bushel, adding 0.2% for the day. The contract hit a daily high at 510.4 US cents per bushel at 04:30 […]
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