November 26, 2013 11:28 am
Grain futures fell on Tuesday with wheat and corn falling following a bearish USDA crop progress report, while soybeans declined on forecasts for continuing favorable weather in South America. On the Chicago Board of Trade, soybeans futures for settlement in January traded at $13.2763 per bushel at 11:16 GMT, down 0.12% on the day. Prices […]
Read moreNovember 26, 2013 9:41 am
Copper swung between gains and losses on Tuesday as investors weighed expectations for upbeat housing data from the U.S. against speculations for an earlier-than-projected deceleration of Feds quantitative easing program. A weaker dollar provided support. On the Comex division of the New York Mercantile Exchange, copper futures for settlement in March traded at $3.232 per […]
Read moreNovember 26, 2013 8:34 am
West Texas Intermediate rose on Tuesday ahead of the release of a private and a government stockpiles reports that may show U.S. crude inventories fell for the first time in ten weeks during the seven days through November 22, signaling demand in the worlds top consumer is picking up. Sundays interim accord between Iran and […]
Read moreNovember 25, 2013 3:20 pm
Natural gas rose to the highest in 6 months as weather forecasting models continued to point to below-average temperatures through most of the U.S., supporting demand for the power-station fuel. A larger-than-expected decline in U.S. inventories last week continued to underpin the market. On the New York Mercantile Exchange, natural gas for delivery in January […]
Read moreNovember 25, 2013 3:00 pm
Grain futures were mixed on Monday with wheat and corn advancing while soybeans declined as weather forecasts predicted favorable weather in Brazil and Argentina to aid crop developing. On the Chicago Board of Trade, soybeans futures for settlement in January fell by 0.31% to $13.1488 per bushel by 14:50 GMT. Prices held in range between […]
Read moreNovember 25, 2013 1:20 pm
Copper swung between gains and losses on Monday as investors weighed rising global supplies and speculations over an earlier-than-expected Fed stimulus tapering against a groundbreaking diplomatic breakthrough between Iran and six world powers that is expected to boost global growth. Investors eyed upcoming housing and consumer sentiment data from the U.S. for a hint of […]
Read moreNovember 25, 2013 11:22 am
Gold fell to the lowest since early July as a stronger U.S. dollar and a rally in equities limited the metals demand as a safe haven after Iran and six major world powers reached a groundbreaking diplomatic breakthrough in curbing Irans nuclear program in exchange for relief from tough economic sanctions. Investors also awaited the […]
Read moreNovember 25, 2013 8:45 am
Both West Texas Intermediate and Brent benchmarks fell on Monday after Iranian diplomats and their counterparts from the five permanent members of the U.N. Security Council and Germany reached a groundbreaking breakthrough in a decade-long standoff on Irans nuclear ambitions, partially lifting sanctions that battered the nations economy. Market players also awaited the release of […]
Read moreNovember 24, 2013 1:20 pm
Gold fell on Friday and capped the biggest weekly decline in more than two months after protocols from FOMCs October meeting showed earlier in the week that policy makers felt overall comfortable with trimming Feds monthly bond purchases in the upcoming months, provided it warranted sustainable economic growth. Strong U.S. economic data also fueled speculations […]
Read moreNovember 23, 2013 1:45 pm
West Texas Intermediate crude fell on Friday but snapped six straight weekly declines, supported by upbeat key economic data from the U.S. and a smaller-than-expected build in U.S. crude inventories in the week ended November 15. However, rising stockpiles at Cushing, Oklahoma, indicated demand still hasnt picked up at the right pace and limited gains. […]
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