September 24, 2013 11:26 am
Grain futures rose on Tuesday following USDAs crop progress report on Monday which showed harvesting fell well behind last years pace, while soybeans condition remained unchanged after 5 weeks of deterioration and the corn crop improved. Increased U.S. exports of the oilseed pushed prices over 1%. On the Chicago Board of Trade, soybeans futures for […]
Read moreSeptember 24, 2013 9:10 am
Natural gas swung between gains and losses on Tuesday after five straight days of declines as weather forecasters predicted mild weather in the U.S. that would curb demand for the power-plant fuel. On the New York Mercantile Exchange, natural gas futures for delivery in November rose by 0.05% to $3.679 per million British thermal units […]
Read moreSeptember 24, 2013 8:41 am
Copper fell for a third day amid ambivalent expectations for Feds tapering timetable following mixed comments from Federal Reserve officials. Political disagreement over the U.S. budget further damped sentiment. On the Comex division of the New York Mercantile Exchange, copper futures for delivery in December fell by 0.89% to $3.269 per pound at 8:41 GMT. […]
Read moreSeptember 24, 2013 7:58 am
Gold swung between gains and losses on Tuesday as market players weighed ambivalent expectations about the timing of Fed parings its monetary stimulus against increased physical demand from China before the nations Golden Week holiday. Silver, platinum and palladium also fell. On the Comex division of the New York Mercantile Exchange, gold futures for delivery […]
Read moreSeptember 24, 2013 6:59 am
Oil prices remained pressured on Tuesday amid expectations that a U.N. drafted resolution this week will back a U.S.-Russian plan to destroy Syrias chemical arsenal and avert military action against the Middle Eastern country. Recovering output in different OPEC members eased concern over global supplies, while market expectations for a bullish crude inventories tomorrow by […]
Read moreSeptember 23, 2013 2:54 pm
West Texas Intermediate fell to the lowest since the end of July after a preliminary report by Markit Economics showed that U.S. manufacturing activity expanded at a slower pace in September. Meanwhile, output in South Sudan rose to the highest since 2012 and Libya is in the process of recovering its production. A possible groundbreaking […]
Read moreSeptember 23, 2013 11:48 am
Grain futures were mixed on Monday ahead of USDAs weekly crop progress with wheat posting a minor daily advance, while corn and soybeans fell. On the Chicago Board of Trade, soybeans for delivery in November fell by 0.01% to $13.1513 a bushel at 11:46 GMT. The contract fell to a 1-month low of $13.0763 a […]
Read moreSeptember 23, 2013 9:32 am
Natural gas fell for a fifth day as weather forecasters predicted seasonal temperatures to settle in most key consuming areas next week, curbing demand for the power-plant fuel. On the New York Mercantile Exchange, natural gas for delivery in November fell by 0.52% to $3.744 per million British thermal units at 9:18 GMT. Prices held […]
Read moreSeptember 23, 2013 8:58 am
Copper futures retreated on Monday as market players weighed falling Chinese imports in August and talks on October Fed tapering against manufacturing data from China and the Euro zone. On the Comex division of the New York Mercantile Exchange, copper futures for delivery in December fell by 0.74% to $3.296 per pound at 8:56 GMT. […]
Read moreSeptember 23, 2013 7:58 am
Gold extended its Friday losses amid speculations that the Federal Reserve might trim its monetary easing program after a policy maker said last week that a small taper may occur at FOMCs October 29-30 meeting. Silver and palladium advanced, while platinum fell. On the Comex division of the New York Mercantile Exchange, gold futures for […]
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