September 23, 2013 7:02 am
Oil prices swung between gains and losses on Monday after both WTI and Brent benchmarks settled lower last week. Market players weighed easing tension between Syria and the U.S. and recovering Libyan output against upbeat China manufacturing data and expectations for an expansion of the European and U.S. manufacturing sectors. On the New York Mercantile […]
Read moreSeptember 20, 2013 2:47 pm
Gold extended its fall in early U.S. trading on Friday as St. Louis Fed President James Bullard hinted a small taper in October is possible. Limited physical demand due to higher prices and upbeat U.S. data on Thursday also pressured the metal. On the Comex division of the New York Mercantile Exchange, gold futures for […]
Read moreSeptember 20, 2013 11:51 am
Natural gas retreated for a fourth consecutive day as weather forecasters predicted mild temperatures across key consuming areas. Half of the analysts who participated in a Bloomberg survey expected prices to extend their drop into next week, the same amount of bears as last weeks poll. On the New York Mercantile Exchange, natural gas futures […]
Read moreSeptember 20, 2013 9:28 am
Grain futures retreated on Friday with wheat and corn marking minor daily losses, while soybeans posted a moderate retreat on speculations that rains in some growing regions will ease stress on the crops and boost yields. On the Chicago Board of Trade, soybeans futures for delivery in November fell by 0.75% to $13.2913 per bushel […]
Read moreSeptember 20, 2013 8:50 am
Copper remained fairly unchanged on Friday and is headed for its best week in a year after the Federal Reserve refrained from trimming its monetary stimulus program on Wednesday and signs of global economic recovery throughout the week boosted demand prospects. On the Comex division of the New York Mercantile Exchange, copper futures for delivery […]
Read moreSeptember 20, 2013 8:06 am
Gold pared its weekly advance, snapping two days of gains, as upbeat U.S. data on Thursday spurred speculation for Fed tapering at FOMCs next meeting. Silver, platinum and palladium also fell. On the Comex division of the New York Mercantile Exchange, gold futures for delivery in December fell by 1.05% to $1 355.00 per troy […]
Read moreSeptember 20, 2013 7:19 am
Oil prices made a slight advance on Friday but remained on track to post a second weekly decline in a row as recovering output in Libya eased global supply issues, even as Saudi Arabia is expected to offset curbed production by other group members. Diplomatic progress between the U.S. and Iran and a possible meeting […]
Read moreSeptember 19, 2013 3:04 pm
Natural gas futures rose to the highest since July as EIAs weekly report showed that U.S. gas inventories rose less than analysts expected and the increase was well below five-year average. On the New York Mercantile Exchange, natural gas futures for delivery in October traded at $3.781 per million British thermal units at 14:49 GMT, […]
Read moreSeptember 19, 2013 2:34 pm
Gold remained fairly unchanged in the late European and early American sessions despite a series of upbeat U.S. data as market sentiment continued to be overwhelmed by Feds decision to refrain from trimming its monetary easing program in September. Silver, platinum and palladium also retained gains. On the Comex division of the New York Mercantile […]
Read moreSeptember 19, 2013 9:22 am
Grain futures extended Wednesdays gains as a broadly weak greenback underpinned dollar-denominated commodities. Soybeans drew support on growing demand from worlds top consumer China, while wheat exports rose as well. Corn outbound shipments statistics will be released by the USDA later today. On the Chicago Board of Trade, soybeans futures for delivery in November rose […]
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