April 29, 2014 1:24 pm
Brent and West Texas Intermediate futures traded higher before noon in Europe today, on worries about the crisis in Ukraine. Natural gas reversed some of the gains it made yesterday, when storms and rains pushed readings in the central and eastern US down. West Texas Intermediate futures for delivery in June traded for $101.47 per […]
Read moreApril 29, 2014 12:07 pm
Copper futures on the COMEX recorded bearish trading before noon in Europe, as investors weigh rising home sales in the US with speculation of an improving dollar. Growing demand in China and improving prospects for the US lift long-term sentiment. Copper futures for July, the most traded contract in New York, stood at $3.0835 per […]
Read moreApril 29, 2014 10:07 am
During early European trading natural gas reversed some gains it made yesterday, when storms and rains pushed readings in the central and eastern US down. The cooler weather is forecast to extend its stay to the next few days, backing higher heating demand outlooks. On the West Coast there is a completely different picture, with […]
Read moreApril 29, 2014 8:58 am
Gold continued to drop during early trading in Europe, after solid data on US home sales spurred dollar demand on Monday. More reports later this week are expected to confirm the robust recovery of the worlds largest economy. Meanwhile, tensions in Ukraine continue to build-up, though not enough to off-set the stronger US. Gold futures […]
Read moreApril 29, 2014 7:46 am
Brent futures regain some losses during early trading in Europe, after a sizable drop on Monday due to bearish news from Libya. West Texas Intermediate also added to the last close, investors eye the upcoming data on US inventories. West Texas Intermediate futures for delivery in June traded for $101.20 per barrel at 7:44 GMT […]
Read moreApril 28, 2014 2:51 pm
Gold dropped on news that the US pending home sales figure recorded a significant improvement, which raised positive sentiment for the economy, and pressured gold. Silver shifted with the yellow metal. Copper remained steady, supported by US data and outlooks of improving demand in the worlds top industrial metals consumer China. Gold futures due in […]
Read moreApril 28, 2014 1:20 pm
Brent remained near $110 per barrel during midday trading in Europe, supported by Ukraine, while West Texas Intermediate made slight gains. Natural gas rallied on expected higher fuel consumption in the US, with both heating and cooling demand forecast to be above-average. West Texas Intermediate futures for settlement in June traded for $101.14 per barrel […]
Read moreApril 28, 2014 12:19 pm
Copper kept the recent steady up-beat during the first half of Europes trading day, as investors eye a report on pending home sales in the US later today. Later in the week a number of indicators for the US will be released, with solid positive outlooks for the worlds top economy. Meanwhile, demand in China […]
Read moreApril 28, 2014 9:52 am
Natural gas grew steadily during early trading in Europe, after a severe storm rampaged through much the central US. Weather reports projected an extended period of cold for the central and eastern states, while the West will see higher power demand due to a heatwave, strengthening support for the blue fuel. Rising storage inventories in […]
Read moreApril 28, 2014 8:46 am
Gold futures continued to steadily gain during early hours in Europe, as growing tensions in Ukraine stoke prices. Investors are keenly waiting on a number of important reports on the US economy this week, with expectations projecting a better picture for the US economy, bearing on the precious metal. Gold futures due in June traded […]
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