June 13, 2014 6:52 am
WTI and Brent futures continued to extend their rally during early trade in Europe today. Both contracts received a major boost from the escalating conflict in Iraq, after the US expressed their resolve to support the Iraqi government, even militarily. Elsewhere, the US and China posted some encouraging data, further supporting crude oil. West Texas […]
Read moreJune 12, 2014 2:54 pm
WTI and Brent futures continued to advance during midday trade in Europe today, boosted by violence in Iraq and the reported drop for US crude oil inventories. Investors shrugged off some worse-than-expected US data earlier. Meanwhile, natural gas futures soared, as the US posted weekly figures on blue fuel stockpiles levels. West Texas Intermediate futures […]
Read moreJune 12, 2014 12:50 pm
Gold and silver futures were higher during midday trade in Europe today, as the US posted key readings on the economy. Stocks closed lower on Wednesday, for only the fourth daily loss in the last eighteen sessions on Wall Street. Meanwhile, copper futures continue downwards amid a copper-related fraud investigation in top-consumer China. Gold futures […]
Read moreJune 12, 2014 9:09 am
Natural gas futures were higher during morning trade in Europe today, ahead of the weekly US gas inventories levels report. Analysts expect another sizable injection, after a cooler pattern over the US lowered power demand outlooks, and power plants account for 30% of US consumption. Front month natural gas futures, due in July, added 0.44% […]
Read moreJune 12, 2014 7:49 am
Gold futures were largely unchanged during morning trade in Europe today. The US will reveal retail sales for May later today, a key indicator, followed closely by investors. Wednesdays Wall Street session recorded losses for stocks, after five straight sessions of record-highs. Gold futures for delivery in August traded for $1 261.5 per troy ounce […]
Read moreJune 12, 2014 6:59 am
WTI and Brent futures climbed during early hours in Europe today, supported by a reported drop for US crude oil inventories and escalating violence in Iraq, which could threaten the countrys oil output. Key economic readings for the US are due later today, with expectations of improving figures. West Texas Intermediate futures for settlement in […]
Read moreJune 11, 2014 2:50 pm
WTI and Brent futures were slightly higher during afternoon trade in Europe today, as the US posted weekly oil inventories supply levels. Later in the week, several key indicators for top oil-consuming economies are due. Meanwhile, natural gas futures were also higher, ahead of the US gas inventories levels report, due tomorrow. West Texas Intermediate […]
Read moreJune 11, 2014 12:02 pm
Gold and silver futures were higher during midday trade in Europe today. Investors await the retail sales report from the US, due tomorrow. Stocks continued to advance, logging the fourteenth session of gains out of the last seventeen. Meanwhile, copper futures were down again, amid an ongoing copper-related criminal investigation in China. Gold futures for […]
Read moreJune 11, 2014 8:59 am
Natural gas futures were slightly lower during early trade in Europe today, after a slump over the previous two sessions. A cooler pattern over top-consumer US lowered power demand prospects, pressuring the blue fuel. The US Energy Information Administration (EIA) will post the weekly report on gas inventories tomorrow, and analysts expect further sizable gains. […]
Read moreJune 11, 2014 7:28 am
Gold futures were slightly higher during early hours in Europe today. Investors await the retail sales report from the US, due tomorrow. Stocks continued to advance, logging the fourteenth session of gains out of the last seventeen. Gold futures for delivery in August traded for $1 261.3 per troy ounce at 7:25 GMT on the […]
Read more