November 27, 2013 9:49 am
Gold futures surged for a second day as investors weighed increased demand from China against expectations for an earlier-than-expected deceleration of Feds quantitative easing program following Tuesdays upbeat housing data. On the Comex division of the New York Mercantile Exchange, gold futures for settlement in February rose to $1 247.00 per troy ounce by 9:41 […]
Read moreNovember 27, 2013 9:21 am
Grain futures edged higher on Wednesday with corn slightly advancing, while wheat and soybeans posted moderate gains. The oilseed gained for a fifth straight day supported by strong demand for US supplies, despite a recent cancellation of orders by China. On the Chicago Board of Trade, soybeans futures for settlement in January rose by 0.54% […]
Read moreNovember 27, 2013 8:18 am
West Texas Intermediate crude fell for a fourth straight day after industry group the American Petroleum Institute reported that U.S. crude inventories jumped for a tenth consecutive week in the seven days through November 22. Tuesdays upbeat housing data continued to point at robust economic recovery in the worlds largest oil consumer but also spurred […]
Read moreNovember 26, 2013 3:36 pm
West Texas Intermediate swung between gains and losses in late European and early American trading after the Conference Board reported that consumer confidence in the worlds top oil consumer fell for a third consecutive month in November, while upbeat housing data supported prices. Expectations that U.S. crude oil stockpiles fell for the first time in […]
Read moreNovember 26, 2013 1:42 pm
US natural gas advanced for a fifth consecutive day after rising on Monday to the highest since June amid weather forecasts pointing to below-average temperatures across most of the US. On the New York Mercantile Exchange, natural gas for delivery in January traded at $3.868 per million British thermal units at 13:31 GMT, up 0.64% […]
Read moreNovember 26, 2013 11:28 am
Grain futures fell on Tuesday with wheat and corn falling following a bearish USDA crop progress report, while soybeans declined on forecasts for continuing favorable weather in South America. On the Chicago Board of Trade, soybeans futures for settlement in January traded at $13.2763 per bushel at 11:16 GMT, down 0.12% on the day. Prices […]
Read moreNovember 26, 2013 9:41 am
Copper swung between gains and losses on Tuesday as investors weighed expectations for upbeat housing data from the U.S. against speculations for an earlier-than-projected deceleration of Feds quantitative easing program. A weaker dollar provided support. On the Comex division of the New York Mercantile Exchange, copper futures for settlement in March traded at $3.232 per […]
Read moreNovember 26, 2013 8:34 am
West Texas Intermediate rose on Tuesday ahead of the release of a private and a government stockpiles reports that may show U.S. crude inventories fell for the first time in ten weeks during the seven days through November 22, signaling demand in the worlds top consumer is picking up. Sundays interim accord between Iran and […]
Read moreNovember 25, 2013 3:20 pm
Natural gas rose to the highest in 6 months as weather forecasting models continued to point to below-average temperatures through most of the U.S., supporting demand for the power-station fuel. A larger-than-expected decline in U.S. inventories last week continued to underpin the market. On the New York Mercantile Exchange, natural gas for delivery in January […]
Read moreNovember 25, 2013 3:00 pm
Grain futures were mixed on Monday with wheat and corn advancing while soybeans declined as weather forecasts predicted favorable weather in Brazil and Argentina to aid crop developing. On the Chicago Board of Trade, soybeans futures for settlement in January fell by 0.31% to $13.1488 per bushel by 14:50 GMT. Prices held in range between […]
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