March 10, 2014 3:31 pm
Grain futures were mixed on Monday, corn extended a decline from the strongest level since August, after concern eased that tension between Ukraine and the Russian Federation may result in disruption of shipments from Ukraine, set to be the third-largest exporter. Meanwhile, soybeans also declined, while wheat extended gains. On the Chicago Board of Trade, […]
Read moreMarch 10, 2014 11:08 am
Natural gas futures advanced to one-week high on Monday, as weather forecasting models called for below-normal temperatures across many densely populated US areas, stoking demand for the power-station fuel, at a time when US gas stockpiles are already at a 10-year seasonal low. On the New York Mercantile Exchange (NYMEX), natural gas for delivery in […]
Read moreMarch 10, 2014 8:15 am
Both West Texas Intermediate and Brent benchmarks fell on Monday, snapping two days of gains, as an unexpected sharp decline in Chinese exports in February spurred fears the worlds second largest oil consumer may miss its growth target. Losses however were limited by supply concerns arising from the crisis in Ukraine and civil tension in […]
Read moreMarch 10, 2014 7:57 am
Gold futures fell for a second day on Monday as strong US jobs data backed the case for the Federal Reserve to continue tapering in measured steps, before exiting the program at the end of the year. Meanwhile, assets in the SPDR Gold Trust, the biggest bullion-backed ETF, rose for the first time in eight […]
Read moreMarch 9, 2014 9:09 am
West Texas Intermediate crude rose on Friday as better-than-expected US nonfarm payrolls fanned positive sentiment for the US economys recovery state, bolstering demand outlook in the worlds top consumer. The US benchmark however settled the week lower for the first time in eight weeks and Brent marked a second weekly decline as US crude supplies […]
Read moreMarch 8, 2014 8:52 am
Gold futures fell on Friday, after data showed US employers added more workers than expected in February, reducing bets the Federal Reserve may slow the pace of trimming monthly bond purchases. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF, rose for the first time in eight days on Friday. On the Comex division […]
Read moreMarch 7, 2014 2:43 pm
Natural gas futures traded slightly higher on Friday after a government report showed yesterday that US gas stockpiles fell more than projected, reaching a 10-year seasonal low last week. The energy source was also supported by weather forecasting models that called for below-normal temperatures across many densely populated US areas, stoking demand for the power-station […]
Read moreMarch 7, 2014 12:54 pm
Grain futures advanced on Friday, corn surged to the strongest level in more than six months as demand for exports from the US, the biggest shipper, increased amid the crisis in Ukraine. On the Chicago Board of Trade, corn futures for May delivery surged by 1.68% to trade at $4.9988 a bushel by 12:48 GMT. […]
Read moreMarch 7, 2014 8:06 am
West Texas Intermediate crude rose for a second day, paring what it could be its first weekly decline in eight weeks, after better-than-expected initial jobless claims boosted the US economy outlook and as renewed tension in Ukraine spurred supply fears. Market players awaited the release of crucial nonfarm payrolls data later in the day to […]
Read moreMarch 7, 2014 7:57 am
Gold futures traded near the strongest level in more than four months and were poised for a fifth weekly advance, ahead of US payrolls data and as tension in Ukraine persisted. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were unchanged yesterday for a seventh day, the longest streak holdings have held steady […]
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