May 18, 2014 8:37 am
Natural gas fell on Friday as investors locked in profits ahead of the weekend after two sessions of gains and as weather forecasting agencies predicted overall seasonal temperatures across most of the US, curbing demand prospects for the power-station fuel. On the New York Mercantile Exchange, natural gas futures for settlement in June slid 1.25% […]
Read moreMay 17, 2014 6:56 am
Crude oil futures logged sizable gains this week, as the crisis in Ukraine bolstered risk premium ahead of the presidential elections next Sunday. Elsewhere, US supplies showed mixed signs, with gasoline demand growing and crude gaining in inventories. Economic data from top oil consumer US was also mixed, but relatively upbeat. West Texas Intermediate futures […]
Read moreMay 16, 2014 1:01 pm
Precious metals were pressured by housing data from the US, which showed home construction had picked up pace significantly in April, registering multi-year highs. Yesterday precious metals slid further amid reports of overall improvement for the US economy. Peace talks began in Kiev yesterday, though they seem unlikely to produce an effective resolution since the […]
Read moreMay 16, 2014 12:02 pm
Copper futures regained some losses after yesterday the red metal suffered from a reported decline in industrial output in the US. However, overall economic conditions cling towards growth, improving long-term outlooks for copper. Demand in China boosted the metal this week, as construction is in peak season. Next week will feature reports on factory activities […]
Read moreMay 16, 2014 9:31 am
Natural gas futures lost some of Thursdays gains during early trading in Europe today. Yesterday investors realized stockpiles will need to mark strong gains consistently throughout summer season to replenish pre-winter levels, and the unlikeliness of that happening prompted investors to buy, even with the sizable growth in inventories. Front month natural gas futures, due […]
Read moreMay 16, 2014 8:06 am
Gold futures orbited Thursdays closing price during early European trading today. Yesterday the precious metal slid amid reports of overall improvement for the US economy. Peace talks began in Kiev yesterday, though they seem unlikely to produce an effective resolution since the eastern rebels are not represented. Gold futures for delivery in June traded for […]
Read moreMay 16, 2014 7:23 am
Crude oil futures traded higher during early hours in Europe today, recovering some losses from last sessions retreat. Yesterday contracts lost, as traders had selling in mind, after crude supplies in the US were reported to be near record levels on Wednesday. Peace talks began in Kiev yesterday, though they seem unlikely to produce an […]
Read moreMay 15, 2014 1:42 pm
Precious metals were pressured by a plethora of positive reports by the US today. Additionally, the Eurozone posted some disappointing figures, prompting a retreat for the euro, which further boosted the dollar. Ukraine remained as only firm support. Gold futures for delivery in June traded for $1 295.6 per troy ounce at 13:40 GMT on […]
Read moreMay 15, 2014 12:15 pm
Copper futures traded lower before noon in Europe today, after a weaker euro pared earlier gains on growing GDP in Germany. Yesterday the red metal was boosted by the government voicing support for lenders in China. Later today crucial economic data from the US is due, with CPI and industrial production in focus. Copper futures […]
Read moreMay 15, 2014 9:39 am
Natural gas futures traded lower during early hours in Europe due to expectations of sizable gains in inventories in the US. The government report, due later today, is set to reveal the milder weather last week made possible 99 billion cubic feet in gains. Weather reports for today forecast some impressively cold regions, and some […]
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