May 20, 2014 11:35 am
Natural gas futures traded lower before noon in Europe today. Weather reports project a normal week for top-consumer US, in terms of temperatures, with a sizable warming next week. Stockpiles in the US were reported to have increased last week, but remain almost a trillion cubic feet below last year’s figures. Front month natural gas […]
Read moreMay 20, 2014 10:00 am
Grain futures traded higher during early trading in Europe today. Wheat advanced on reported worsening crop conditions in the US. Soybeans exports recorded a sizable growth, supporting the contract. Weather conditions will be generally good for crops, with plenty of sun in most areas, and some much needed rains in others. Weather reports for the […]
Read moreMay 20, 2014 8:32 am
Precious metals were pressured by a report on gold demand during early trading in Europe today. The report revealed lowering physical demand for the yellow metal for the first quarter of 2014. Elsewhere, US stocks gained on Monday, adding to Fridays rally. Paring bearish sentiment to some extent, the crisis in Eastern Europe continues to […]
Read moreMay 20, 2014 7:16 am
Crude oil futures traded slightly higher during early European hours, as investors eye every negative development in Ukraine, ahead of the presidential election on May 25. Libya is also supportive for prices, as the confrontation there is also entering a bloody phase, with a civil war looming on the horizon. Elsewhere, US supplies forecasts are […]
Read moreMay 19, 2014 12:56 pm
Precious metals advanced during trading in Europe today, amid talk of relaxed import limitations in second top-consumer India. Elsewhere, risks over tensions in Ukraine are in the focus ahead of the presidential election on May 25th. Meanwhile, copper futures reached a three-month high during early trading in Europe today, as China demand outlooks grew when […]
Read moreMay 19, 2014 11:56 am
Crude oil futures extended last week’s rally during early trading in Europe today, as bloody fighting in Libya over the weekend boosted the risk premium. Elsewhere, Ukraine is preparing to hold presidential elections this week. Meanwhile, natural gas futures climbed during early trading in Europe today, after sizable losses last week. West Texas Intermediate futures […]
Read moreMay 19, 2014 11:12 am
Copper futures reached a three-month high during early trading in Europe today, as China demand outlooks grew when the government expressed commitment to economic reforms. Japan posted a sizable growth in machinery orders earlier today, further supporting the metal. Elsewhere, Norilsk Nickel approved a $1 billion copper mine investment, aimed at supplying demand in China. […]
Read moreMay 19, 2014 9:03 am
Natural gas futures climbed during early trading in Europe today, after sizable losses last week. Weather reports project a normal week for top-consumer US, in terms of temperatures, with a sizable warming next week. Stockpiles in the US were reported to have increased last week, but remain almost a trillion cubic feet below last years […]
Read moreMay 19, 2014 8:17 am
Precious metals added to weekly gains logged on Friday during early trading in Europe today. Risks over tensions in Ukraine are in the focus ahead of the presidential election on May 25th. Last week gold and silver futures closed for gains amid mixed signals from the US economy. Gold futures for delivery in June traded […]
Read moreMay 19, 2014 6:47 am
Crude oil futures extended last weeks rally during early trading in Europe today, as bloody fighting in Libya over the weekend boosted the risk premium. Elsewhere, Ukraine is preparing to hold presidential elections this week, and Kiev began talks in an attempt to deescalate tensions and provide a safer environment for the vote. West Texas […]
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