July 25, 2013 2:53 pm
According to the Energy Information Administrations weekly report, natural gas stockpiles in the U.S. gained less than expected in the week ending July 19. However, the build was well above last years reading during the comparable week. On the New York Mercantile Exchange, natural gas for September delivery traded at $3.653 per million British thermal […]
Read moreJuly 25, 2013 2:12 pm
Gold extended positions in the early U.S. session as the dollar plunged following mixed U.S. economic data which showed an increase in durable goods orders and disappointing labor data. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at $1 325.75 an ounce at 14:08 GMT, up 0.47% […]
Read moreJuly 25, 2013 1:36 pm
Soft futures were mixed on Thursday with sugar and cocoa advancing, while robusta fell and arabica extended its biggest tumble in five weeks as Brazil avoided frost damage. On the ICE Futures U.S., arabica coffee for September delivery traded at $1.2175 a pound at 13:32 GMT, down 0.08% on the day. Prices ranged between days […]
Read moreJuly 25, 2013 12:38 pm
Natural gas swung between gains and losses on Thursday ahead of EIAs weekly report that is poised to show the U.S. Natural Gas Storage Indicator gained more last week than the comparable 7-day period last year. On the New York Mercantile Exchange, natural gas for September delivery traded at $3.707 per million British thermal units, […]
Read moreJuly 25, 2013 10:00 am
Grain futures were mixed on Thursday with wheat and corn marking minor daily gains, while soybeans fell to the lowest level since May as favorable weather conditions boosted crop prospects. On the Chicago Board of Trade, soybeans for August delivery traded at $13.8338 a bushel at 9:57 GMT, down 0.71% on the day. Prices ranged […]
Read moreJuly 25, 2013 9:06 am
Copper continued to fall on Thursday as concern over demand from the metals top consumer China continued to weigh on prices. Meanwhile, Goldman Sachs reported copper surplus may as much as double by 2015. On the Comex division of the New York Mercantile Exchange, copper futures for September delivery traded at $3.169 a pound at […]
Read moreJuly 25, 2013 8:26 am
Gold remained low and fairly unchanged during early European trading following yesterdays biggest drop in three weeks as positive U.S. housing data supported Feds view into tapering Quantitative Easing in the second half of the year, which strengthened the dollar. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery […]
Read moreJuly 25, 2013 7:29 am
WTI extended yesterdays losses as U.S. crude output reached its highest pace since 1990, while the end of the driving season draws closer. Meanwhile, negative China manufacturing data from Wednesday continued to spur concern over demand in the worlds second biggest consumer. On the New York Mercantile Exchange, WTI crude for September delivery traded at […]
Read moreJuly 24, 2013 3:10 pm
According to the Energy Information Administrations weekly report, U.S. oil inventories fell for a fourth straight week to the lowest level since January, indicating consistent demand in the worlds top consumer. Gasoline and distillate fuel stockpiles also decreased, confounding analysts expectations. On the New York Mercantile Exchange, WTI crude for September delivery traded at $106.40 […]
Read moreJuly 24, 2013 2:14 pm
Gold erased prior daily gains during early American trading on Wednesday as upbeat U.S. data strengthened the dollar, pressuring dollar-denominated commodities. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at $1 331.85 at 14:09 GMT, down 0.21% on the day. Prices ranged between a 1-month high of […]
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