March 6, 2014 2:58 pm
Grain futures were mixed on Thursday, wheat extended a decline from a three-month high amid speculation for ample global supplies and as concern eased that tension between Ukraine and the Russian Federation may result in disruption of exports from the sixth-largest exporter, Ukraine. Meanwhile, soybeans advanced, while corn hovered near six-month high. On the Chicago […]
Read moreMarch 6, 2014 9:57 am
Natural gas futures advanced on Thursday amid speculation a government report due later today may show US gas stockpiles depleted at a faster than the 5-year average pace, while they are already at a 10-year seasonal low. The energy source was also supported by weather forecasting models that called for below-normal temperatures across many densely […]
Read moreMarch 6, 2014 8:26 am
West Texas Intermediate crude fell for a third day on Thursday after government data showed US crude and distillate fuel inventories rose last week, although supplies at the nations biggest storage hub marked a fifth consecutive decline. Downbeat services sector activity and job creation in the US, coupled with receding fears of a military campaign […]
Read moreMarch 6, 2014 7:35 am
Gold futures distanced further from the strongest level in more than four months, as investors weighed the crisis in Ukraine against Fed taper outlook and decreasing physical demand from China, the largest global bullion consumer. Also fanning negative sentiment, assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were unchanged yesterday for a sixth […]
Read moreMarch 5, 2014 3:48 pm
West Texas Intermediate crude extended losses on Wednesday after the Energy Information Administration reported a seventh consecutive weekly gain in nationwide crude inventories and an increase in distillate stockpiles. Losses however were limited as supplies at Cushing, Oklahoma, fell for a fifth straight week. Receding fears of a military campaign in eastern Ukraine kept the […]
Read moreMarch 5, 2014 2:36 pm
Grain futures lost ground on Wednesday, corn eased off from a six-month high as concern eased that tension between Ukraine and the Russian Federation may result in disruption of exports from the Black Sea region. On the Chicago Board of Trade, corn futures for May delivery fell by 0.21% to trade at $4.8238 a bushel […]
Read moreMarch 5, 2014 8:51 am
Natural gas futures extended yesterdays gains as freezing cold weather continued to sweep across most of the densely-populated US areas, stoking demand for the power-station fuel, as Americans crank up the heating. On the New York Mercantile Exchange (NYMEX), natural gas for delivery in April rose by 0.16% to trade at $4.675 per million British […]
Read moreMarch 5, 2014 8:11 am
Both West Texas Intermediate and Brent crude benchmarks were mostly unchanged in early European trading on Wednesday as fears of war in Ukraine were curbed after President Vladimir Putin said on Tuesday that he sees no immediate need to invade eastern Ukraine. However, despite reduced, the remaining possibility of an all-out military campaign kept the […]
Read moreMarch 5, 2014 7:49 am
Gold traded below more than four-month high as tension between Ukraine and the Russian Federation declined, easing demand for bullion as a store of value. Also fanning negative sentiment, assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were unchanged yesterday for a fifth day, the longest streak holdings have held steady in almost […]
Read moreMarch 4, 2014 4:04 pm
Grain futures were mixed on Tuesday, wheat fell after soaring the most since June 2012, following the announcement Russian President Vladimir Putin had ordered troops to return to their bases after military exercises concluded amid rising tensions in the pro-Russian Ukraine’s Crimea region. Meanwhile, corn and soybeans advanced. On the Chicago Board of Trade, wheat […]
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