April 9, 2014 6:58 am
Gold futures hovered around the strongest level in two weeks on Wednesday, amid signs of increasing physical demand in China and as escalating tensions over Ukraine heightened its safe-haven appeal. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF, fell to a one-month low yesterday. On the Comex division of the New York Mercantile […]
Read moreApril 8, 2014 2:44 pm
During Monday’s trading session WTI futures for delivery in May traded within the range $99.92-$101.32 and closed at $100.44 per barrel. At 14:34 GMT today WTI futures for settlement in May traded at $100.93 per barrel, adding 0.49% for the day. The contract breached the first resistance level of $101.20 a barrel, touching a daily […]
Read moreApril 8, 2014 2:07 pm
Copper futures declined on Tuesday after advancing the most in a week yesterday, following comments by managers of the biggest copper mining companies that they were confident the Chinese economy will expand in line with analysts estimates this year and demand in the country, which is the biggest consumer of the metal will accelerate soon. […]
Read moreApril 8, 2014 11:27 am
Both West Texas Intermediate and Brent crude benchmarks rebounded on Tuesday supported by rising tensions between Russia and the West and on expectations US motor gasoline inventories fell for a seventh straight week. Gains however were checked by the prospects of rising output in Libya, coupled with signs of a further thaw in relations between […]
Read moreApril 8, 2014 9:44 am
During Monday’s trading session natural gas futures for delivery in May traded within the range $4.446-$4.476 and closed at $4.527. At 09:43 GMT today natural gas futures for settlement in May traded at $4.495 per million British thermal units, adding 0.41% for the day. The contract touched a daily high at $4.513 per mBtu at […]
Read moreApril 8, 2014 8:30 am
During Monday’s trading session soybeans futures for delivery in May traded within the range 1459.9-1479.4 and closed at 1463.0. At 08:25 GMT today soybeans futures for settlement in May traded at 1466.3 US cents per bushel, adding 0.14% for the day. The contract hit a daily high at 1471.1 US cents per bushel at 02:05 […]
Read moreApril 8, 2014 6:53 am
God futures traded above $1 300 per troy ounce on Tuesday as geopolitical tensions in Ukraine increased the safe-haven appeal of the precious metal. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were unchanged yesterday after falling to the weakest level in almost a month on April 4. On the Comex division of […]
Read moreApril 8, 2014 6:50 am
Both West Texas Intermediate and Brent crude benchmarks rebounded on Tuesday supported by rising tensions between Russia and the West and on expectations US motor gasoline inventories fell for a seventh straight week. Gains however were checked by the prospects of rising output in Libya, coupled with signs of a further thaw in relations between […]
Read moreApril 7, 2014 2:09 pm
Both West Texas Intermediate and Brent crude benchmarks fell on Monday after a deal between rebels and Libya’s central government paved the way for the reopening of four exports terminals. Losses however were capped by stronger demand outlook in the US after Friday’s robust employment data, coupled with persistent geopolitical tensions between Russia and the […]
Read moreApril 7, 2014 1:39 pm
During Friday’s trading session wheat futures for delivery in May traded within the range 658.9-676.3 and closed at 670.3. At 13:36 GMT today wheat futures for settlement in May traded at 675.1 US cents per bushel, adding 0.76% for the day. The contract breached the first key resistance of 678.0 US cents per bushel, hitting […]
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