June 23, 2014 1:10 pm
Gold and silver futures were relatively steady during midday trade in Europe today. Precious metals logged sizable gains last week, as the US central bank, the Federal Reserve, announced interest rates will remain lower. Meanwhile, copper futures were higher, boosted by surprisingly good factory data from top-consumer China. Gold futures for delivery in August traded […]
Read moreJune 23, 2014 9:19 am
Natural gas futures were lower during early trade in Europe today, after a sizable weekly drop was logged on Friday. Weather forecasts project cooler weather over parts of the northern US, lowering power demand outlooks. Front month natural gas futures, due in July, dropped 0.44% at the New York Mercantile Exchange to trade for $4.511 […]
Read moreJune 23, 2014 8:01 am
Gold futures were slightly lower during early trade in Europe today. Precious metals logged sizable gains last week, as the US central bank, the Federal Reserve, announced interest rates will remain lower. Investors now await key data from both the Eurozone and the US. Gold futures for delivery in August traded for $1 316.1 per […]
Read moreJune 23, 2014 7:09 am
WTI and Brent futures were higher during early trade in Europe today, after Islamist militants seized more strategic towns during the weekend. Elsewhere, HSBC posted its reading on Chinese factories, logging a sizable increase for the first time in six months. More data from the Eurozone and the US is due later today. West Texas […]
Read moreJune 22, 2014 10:16 am
Natural gas fell for a third straight day on Friday and settled the week over 4% lower after the Energy Information Administration reported a larger-than-expected gain in US natural gas inventories, while weather forecasts showed cooling conditions across some parts of the country. On the New York Mercantile Exchange, natural gas futures for settlement in […]
Read moreJune 22, 2014 9:27 am
Gold futures logged the biggest weekly increase in four months on Friday. The Fed’s announcement of lower interest rates for a “considerable time” and escalating violence in Iraq pushed havens to multi-month highs, while stocks were also at record highs. Gold futures for delivery in August closed for $1 316.6 per troy ounce on Friday […]
Read moreJune 21, 2014 11:44 am
WTI futures made shy gains this week, while Brent recorded another sizable increase. The conflict in Iraq, OPECs second-top oil producer, supported crude throughout the week, bumping the European benchmark to multi-month highs. Elsewhere, the US posted key data this week, with more reports due in the next seven days. West Texas Intermediate futures for […]
Read moreJune 20, 2014 11:29 am
WTI and Brent futures were relatively steady during midday trade in Europe today. Fighting continued in Iraq yesterday, pushing Brent to a new nine-month high. Meanwhile, natural gas futures were higher, after a significant drop on Thursday. West Texas Intermediate futures for settlement in August traded for $106.07 per barrel at 11:26 GMT on the […]
Read moreJune 20, 2014 8:53 am
Natural gas futures were higher during early trade in Europe today, after a significant drop yesterday, as the US Energy Information Administration (EIA) logged a bigger-than-expected injection for blue fuel inventories. Front month natural gas futures, due in July, added 0.41% at the New York Mercantile Exchange to trade for $4.603 per million British thermal […]
Read moreJune 20, 2014 7:53 am
Gold futures were slightly lower during early trade in Europe today, after a massive increase yesterday. The Feds announcement of lower interest rates for a “considerable time” and escalating violence in Iraq pushed havens to multi-month highs, while stocks were also at record highs. Gold futures for delivery in August traded for $1 308.9 per […]
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