January 27, 2014 2:39 pm
Grain futures advanced on Monday, wheat gained amid potentially harmful weather conditions in the US, the largest exporter of the grain. On the Chicago Board of Trade, wheat futures for settlement in March added 0.92% to trade at $5.7038 per bushel by 14:31 GMT. Prices jumped to a session high of $5.7038, while day’s bottom […]
Read moreJanuary 27, 2014 1:02 pm
Natural gas retreated from 5-year highs on Monday, as long-term US weather forecasts called for a period of milder conditions across most of the densely populated US areas. On the New York Mercantile Exchange, natural gas for delivery in March declined by 1.19% to trade at $5.029 per million British thermal units by 13:01 GMT. […]
Read moreJanuary 27, 2014 8:53 am
Gold advanced to the highest level in more than two months, after a slump in equities on concern that growth in emerging economies will slow, boosted demand for the yellow metal as an alternative investment. A weaker dollar and increased Chinese physical demand also supported the metal, while assets in the SPDR Gold Trust, the […]
Read moreJanuary 26, 2014 10:26 am
Gold traded little changed on Friday, but settled the week close to two-month high, following a slump in equities on concern that growth in emerging economies will slow, which boosted demand for the yellow metal as an alternative investment. However, assets in the SPDR Gold Trust, the biggest bullion-backed ETF remained unchanged on Friday, which […]
Read moreJanuary 25, 2014 7:46 am
West Texas Intermediate crude snapped four straight days of gains on Friday following a slide in equities on concern that growth in emerging economies will slow, reducing demand for petroleum products. The US benchmark nevertheless settled the week higher, supported by a bullish EIA inventories report and as a new pipeline, supposed to ease a […]
Read moreJanuary 24, 2014 1:18 pm
Grain futures lost ground on Friday, wheat also declined, but was poised to snap a seven-week drop on potentially harmful weather conditions in the US, the largest exporter of the grain. On the Chicago Board of Trade, wheat futures for settlement in March lost 0.65% to trade at $5.6688 per bushel by 13:13 GMT. Prices […]
Read moreJanuary 24, 2014 9:45 am
Natural gas advanced a fourth day and was poised for the biggest weekly advance since September 2012, as short-term weather forecasting models called for freezing cold weather conditions over most of the densely populated US areas. Chilly temperatures boost natural gas demand, as Americans crank up the heating. On the New York Mercantile Exchange, natural […]
Read moreJanuary 24, 2014 8:22 am
West Texas Intermediate crude rose for a fifth day, extending the longest rally in seven weeks, after a government report showed US distillate fuel stockpiles fell six times more than analysts had expected as cold weather in the US boosted demand for heating oil. A report by the industry-funded American Petroleum Institute showing a rise […]
Read moreJanuary 24, 2014 8:08 am
Gold plunged from a six-week high, trimming the longest weekly rally in 16 months, as investors assessed the prospects for Fed stimulus cuts at the upcoming FOMC’s meeting. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF were reduced on Thursday, adding to bearish sentiment, while a stronger US dollar further weighed. On the […]
Read moreJanuary 23, 2014 10:27 am
Natural gas surged to the highest level in 2-1/2 years as short-term weather forecasts called for much below-normal temperatures across most of the densely-populated US areas. Freezing temperatures boost natural gas demand, as Americans crank up the heating. On the New York Mercantile Exchange, natural gas for delivery in February rose by 2.25% to hit […]
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