April 7, 2014 11:37 am
Copper futures slid for a third day, touching the weakest level in a week, after downbeat data from the worlds biggest consumers China and the US added to concerns of slowing demand, at a time when global mine supplies are increasing. Meanwhile, gold futures erased the biggest one-day advance in more than three weeks, as […]
Read moreApril 7, 2014 11:02 am
During Fridays trading session natural gas futures for delivery in May traded within the range $4.405-$4.476 and closed at $4.421. At 10:45 GMT today natural gas futures for settlement in May traded at $4.498 per million British thermal units, adding 1.32% for the day. The contract breached the first key resistance of $4.463 per mBtu, […]
Read moreApril 7, 2014 9:25 am
During Fridays trading session gold futures for delivery in June traded within the range $1 284.40-$1 307.50 and closed at $1 303.50. At 09:25 GMT today gold futures for settlement in June traded at $1 298.80 per troy ounce, losing 0.36% for the day. The contract touched a daily low at 1 298.30 at 08:30 […]
Read moreApril 7, 2014 7:03 am
Both West Texas Intermediate and Brent crude benchmarks fell on Monday after a deal between rebels and Libyas central government paved the way for the reopening of four exports terminals. Losses however were capped by stronger demand outlook in the US after Fridays robust employment data, coupled with persistent geopolitical tensions between Russia and the […]
Read moreApril 7, 2014 6:58 am
Gold futures erased the biggest one-day advance in more than three weeks, as markets in China, the largest global consumer remained closed due to a public holiday, while assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were reduced to the weakest level in almost a month on Friday. However, losses were limited as […]
Read moreApril 6, 2014 6:03 am
Both West Texas Intermediate and Brent crude benchmarks rose on Friday, buoyed by positive employment data from the US, but closed the week lower following indications of a jump in Libyan crude exports and softer demand prospects in China. Diplomatic tensions between Russia and the West kept the market underpinned. On the New York Mercantile […]
Read moreApril 5, 2014 2:49 pm
Gold futures surged the most in more than three weeks on Friday, snapping two weeks of losses, after a government report showed US employers added less workers than expected, raising economic concerns and boosting demand for the metal as a store of value. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were reduced […]
Read moreApril 4, 2014 1:53 pm
Both West Texas Intermediate and Brent crude benchmarks rose on Friday but are set to close the week lower on prospects for a rise in Libyan oil exports after rebels blocking shipments from the country’s eastern ports said they have reached a principle agreement with the government to reopen the terminals. Simmering tension between Russia […]
Read moreApril 4, 2014 11:35 am
Copper futures headed for a third weekly advance, after rising to a three-week high on Wednesday, on concern global supplies may be disrupted following an earthquake and tsunami in Chile, the worlds biggest producer of the red metal. Meanwhile, gold futures were poised for a third weekly drop, the longest run of losses since September, […]
Read moreApril 4, 2014 9:40 am
Natural gas futures declined on Friday, as weather forecasting models called for springlike weather to return in many densely-populated US areas by the end of next week, curbing demand for the power-station fuel. On the New York Mercantile Exchange, natural gas for delivery in May traded at $4.413 per million British thermal units at 09:39 […]
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