October 23, 2013 8:46 am
Copper prices fell from yesterdays one-month high after the U.S. Labor Department reported that the U.S. economy added less jobs in September and as Chinas benchmark money-market rate rose the most since July, raising concern over the metals demand prospects in its two largest consumers. On the Comex division of the New York Mercantile Exchange, […]
Read moreOctober 23, 2013 7:57 am
Gold fluctuated near three-week high on Wednesday as investors weighed speculations that the Federal Reserve will defer paring its monetary easing program until 2014 against softening physical demand from China. Silver, platinum and palladium also fell. On the Comex division of the New York Mercantile Exchange, gold futures for settlement in December fell by 0.48% […]
Read moreOctober 23, 2013 6:55 am
West Texas Intermediate crude extended losses on Wednesday and fell to the lowest since July 1 after the American Petroleum Institute reported on Tuesday that U.S. crude oil supplies rose last week, a fifth consecutive gain, and on expectations that the Energy Information Administration will confirm the build on Wednesday. Disappointing employment data released on […]
Read moreOctober 22, 2013 2:53 pm
Natural gas futures fell more than 1% on Tuesday after the Energy Information Administration reported that U.S. natural gas stockpiles rose above the average in the week ended October 11, indicating softening demand for the power-station fuel. On the New York Mercantile Exchange, natural gas futures for settlement in November traded at $3.642 per million […]
Read moreOctober 22, 2013 1:26 pm
Gold rose to the highest since the beginning of October after the U.S. Labor Department reported that U.S. non-farm payrolls rose at the slowest rate in four years in September, reinforcing broad expectations that the Federal Reserve will refrain from trimming its bond purchasing program this year. The U.S. dollar fell to an 8-1/2 month […]
Read moreOctober 22, 2013 9:44 am
Grain futures were mixed on Tuesday with soybeans and wheat posting moderate losses, while corn was overall unchanged. Soybeans fell from a two-week high as U.S. farmers accelerated field work, while favorable conditions in Brazil boosted the outlook for a record crop. On the Chicago Board of Trade, soybeans futures for settlement in November fell […]
Read moreOctober 22, 2013 8:44 am
Copper swung between gains and losses on Tuesday and traded mostly higher in the European session as investors weighed broad expectations that the Federal Reserve will refrain from scaling back its monetary stimulus this year against the release of delayed U.S. employment data which may show the economy added more jobs in September. On the […]
Read moreOctober 22, 2013 7:59 am
Gold swung between gains and losses on Tuesday as investors weighed broad expectations for the Federal Reserve to refrain from trimming its monetary stimulus program this year against a steep drop in holdings in the SPDR Gold Trust, the biggest bullion-backed ETF. Market players remained wary ahead of the release of key U.S. employment data […]
Read moreOctober 22, 2013 6:41 am
Both West Texas Intermediate and Brent benchmarks extended losses on Tuesday after the Energy Information Administration said yesterday that U.S. crude oil stockpiles rose more than expected, hitting a 15-week high. Market players remained wary ahead of the release of Septembers highly anticipated non-farm payrolls and unemployment rate, delayed from October 4 due to the […]
Read moreOctober 21, 2013 2:57 pm
Both West Texas Intermediate and Brent benchmarks remained on negative territory in early American trading after the Energy Information Administration reported that U.S. crude oil inventories rose more than expected last week, while motor gasoline and distillate fuel supplies fell. Broad expectations that the Federal Reserve will refrain from trimming its monetary easing program until […]
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