January 20, 2014 3:56 pm
Grain futures were mixed on Friday, with wheat capping a seventh weekly decline, the longest losing streak in more than two years amid expectations for record global output. Corn also lost ground, while soybeans advanced. Meanwhile, the Chicago Board of Trade remained closed on Monday, due to a national holiday. On the Chicago Board of […]
Read moreJanuary 20, 2014 10:21 am
Natural gas fell on Monday as weather forecasts called for a period of milder conditions over many densely-populated US areas. On the New York Mercantile Exchange, natural gas for delivery in February declined by 1.17% to trade at $4.277 per million British thermal units by 10:20 GMT. Prices hit a session high at $4.279 per […]
Read moreJanuary 20, 2014 8:51 am
West Texas Intermediate Crude retreated on Monday after closing at a two-week high the previous session as mixed data from China, the worlds second biggest consumer, spurred concerns over demand prospects. A strong dollar continued to weigh on prices, but signs of robust economic recovery in the US, the worlds top consumer, limited losses. On […]
Read moreJanuary 20, 2014 8:08 am
Gold increased to six-week high on Monday, as assets in the SPDR Gold Trust, the biggest bullion-backed ETF expanded the most since 2011, showing robust investors demand. A weaker US dollar and signs of increased physical demand from China also fanned positive sentiment. On the Comex division of the New York Mercantile Exchange, gold futures […]
Read moreJanuary 19, 2014 2:11 pm
Natural gas futures fell on Friday after a government report showed a day earlier that US gas stockpiles fell less than expected last week, spurring profit taking. The energy source however settled the week over 6% higher as weather forecasting models called for more cold weather over the next two weeks before a possible pattern […]
Read moreJanuary 19, 2014 11:55 am
Gold advanced on Friday to settle the week close to one-month high, as investors weighed the prospects for further Fed stimulus cuts against increased physical demand. Also fanning positive sentiment, assets in the SPDR Gold Trust, the biggest bullion-backed ETF were increased for the first time in 2014, while only a stronger US dollar pressured […]
Read moreJanuary 18, 2014 11:26 am
West Texas Intermediate crude rose on Friday and settled the week higher as upbeat economic data from the US boosted demand prospects in the worlds top consumer. Brent crude also advanced, but closed the week lower amid fears of rising Iranian oil exports and as output in Libya, holder of Africas biggest crude reserves, remained […]
Read moreJanuary 17, 2014 1:42 pm
Grain futures fell on Friday, wheat also edged lower, but was poised to snap six weeks of declines, the longest streak in more than two years amid signs of robust global demand. On the Chicago Board of Trade, wheat futures for settlement in March declined 0.64% to trade at $5.6975 per bushel by 13:36 GMT. […]
Read moreJanuary 17, 2014 9:40 am
Natural gas fell on Friday, following a government report that showed US gas supplies declined less than projected in the week ended January 10th. However, the energy source continued to draw support by cold weather outlook over many densely-populated US areas. On the New York Mercantile Exchange, natural gas for delivery in February fell by […]
Read moreJanuary 17, 2014 8:26 am
West Texas Intermediate crude rose in early European trading on Friday and headed for its first weekly advance in three after a larger-than-expected drop in US crude inventories and as upbeat data suggested US economic growth seemed sustainable. Recovering output in Libya, coupled with a possible increase in Iranian exports weighed on the market, and […]
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