August 22, 2013 11:49 am
Grain futures edged lower on Thursday amid expectations for high yields. Market players continued to observe U.S. crop conditions and weather forecasts. On the Chicago Board of Trade, corn futures for delivery in September traded at $4.9313 per bushel at 11:46 GMT, down 0.86% on the day. Prices held in range between days high and […]
Read moreAugust 22, 2013 9:12 am
Natural gas futures rose for a third day in four as weather forecasts continued to point at above-average temperatures across the U.S. Midwest, boosting demand for the power plant fuel. On the New York Mercantile Exchange, natural gas for September delivery rose by 0.56% to $3.480 per million British thermal units at 9:11 GMT. Prices […]
Read moreAugust 22, 2013 8:35 am
Copper rose on Thursday as the Chinese manufacturing sectors activity expanded at the fastest pace in four months, suggesting economic stabilization is taking place and boosting demand prospects for raw materials. On the Comex division of the New York Mercantile Exchange, copper futures for delivery in September traded at $3.365 a pound at 8:34 GMT, […]
Read moreAugust 22, 2013 8:03 am
Gold fell on Thursday following yesterdays release of Fed minutes which revealed support among Fed members for tapering the central bank’s Quantitative Easing program through the end of the year. An unexpected increase in Chinas manufacturing sector supported the precious metal, suggesting stabilizing economic activity which boosted physical demand prospects. On the Comex division of […]
Read moreAugust 22, 2013 7:13 am
Oil edged lower on Thursday following FOMCs July meeting protocols which revealed support among Fed members for tapering the central banks Quantitative Easing program through the end of the year. Also weighing on prices, supply concern which was spurred by protests in Libya closing export terminals began to wane. Prices were supported however as activity […]
Read moreAugust 21, 2013 3:05 pm
Oil continued to trade lower on Wednesday despite a bullish EIA crude oil inventories report as market players continued to focus FOMCs July meeting protocols. Crude inventories fell and gasoline stockpiles decreased above expectations, while distillate fuel reserves gained. On the New York Mercantile Exchange, WTI crude for October delivery traded at $104.61 per barrel […]
Read moreAugust 21, 2013 2:36 pm
Natural gas rose on Wednesday as updated weather forecasts pointed at a blast of heat across the Midwest, thus boosting demand for the power plant fuel. On the New York Mercantile Exchange, natural gas for delivery in September rose to $3.470 per million British thermal units at 14:35 GMT, up 0.74% on the day. Prices […]
Read moreAugust 21, 2013 2:17 pm
Gold retained its losses on Wednesday as upbeat U.S. construction data strengthened the U.S. dollar, laying pressure on dollar-priced commodities. Market players continued to focus at the minutes of FOMCs July meeting, looking for signs that would indicate the Federal Reserve might start tapering its Quantitative Easing program in as early as September. On the […]
Read moreAugust 21, 2013 11:41 am
Grain futures edged higher on Wednesday as corn and soybeans yields were threatened by dry weather but gains are expected to remain limited on high output outlook. On the Chicago Board of Trade, corn futures for delivery in September traded at $4.8675 a bushel at 11:39 GMT, up 0.69% on the day. Prices held in […]
Read moreAugust 21, 2013 8:37 am
Copper fell for a third straight day amid speculations FOMCs July meeting minutes may indicate an earlier-than-expected stimulus tapering may begin in September. Market players also eyed upcoming trade and manufacturing data from world top consumer China. On the Comex division of the New York Mercantile Exchange, copper futures for September delivery fell to $3.312 […]
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