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Gold trading outlook: futures edge higher despite rising dollar

August 27, 2014 8:03 am
Gold futures were slightly higher during early trade in Europe today, as investors sought safety amid growing tensions in Ukraine, after 10 Russian paratroopers were captured by Kiev. Positive US data boosted the dollar to a new peak yesterday, though failed to push gold lower. Gold futures for December delivery on the Comex in New […] Read more

Commodities trading outlook: gold, silver and copper futures

August 26, 2014 2:31 pm
Gold and silver futures were higher during midday trade in Europe today, as armed conflicts in Ukraine and the Middle East supported against pressure from the US economy. Meanwhile, copper futures were lower, as below par housing data from the US and mixed durable goods orders figures were assessed. Gold futures for December delivery on […] Read more

Commodities trading outlook: WTI, Brent futures climb, natural gas drops

August 26, 2014 12:26 pm
WTI and Brent futures were higher during midday trade in Europe today, as tensions in Ukraine bumped up the risk premium ahead of key reports on US oil inventories. Meanwhile, natural gas futures bounced back down after rallying some 2.5% on Monday. West Texas Intermediate futures for delivery in October traded at $93.56 per barrel, […] Read more

Grains trading outlook: soybeans at four-year low; wheat, corn lower

August 26, 2014 11:45 am
Wheat, corn and soybeans futures were lower during midday trade in Europe today, as traders priced in the latest bearish US crop report, which reaffirmed the very good crop condition across all grains. Weather patterns call for heavy rains in the Midwest this week, which is largely beneficial for growing crops, though some localized flooding […] Read more

Natural gas trading outlook: futures edge lower after soaring on Monday

August 26, 2014 9:34 am
Natural gas futures were slightly lower during early trade in Europe today, after adding more than 2.5% on Monday with support from relatively high US temperatures. Weather patterns project cooler and more comfortable temps to be swinging back to the US, however, pressuring the blue fuel. Front-month natural gas futures for delivery in September traded […] Read more

Crude oil trading outlook: WTI and Brent futures rise ahead of US inventories

August 26, 2014 7:36 am
WTI and Brent futures were higher during early trade in Europe today, as investors eye upcoming reports on US oil inventories. Tensions in Ukraine supported crude, as reports of fresh clashes involving Russian military pumped up the risk premium. West Texas Intermediate futures for delivery in October traded at $93.68 per barrel, up 0.35%, at […] Read more

Commodities trading outlook: crude oil futures off multi-month lows, natural gas up

August 25, 2014 1:00 pm
WTI and Brent futures were slightly higher during midday trade in Europe today, as developments in Ukraine were weighed with US rate hike outlooks. Meanwhile, natural gas futures climbed on warmer than usual US weather. West Texas Intermediate futures for October delivery on the New York Mercantile Exchange traded at $93.71 per barrel, up 0.06%, […] Read more

Commodities trading outlook: gold, silver steady, copper higher ahead of key US data

August 25, 2014 12:24 pm
Gold and silver futures were little changed during midday trade in Europe today, as investors look to US new home sales to further reinforce speculation that the Fed will raise rates. Meanwhile, copper futures were higher, as expectations of increasing home sales drive demand outlooks higher. Gold futures for December delivery on the Comex in […] Read more