November 4, 2013 2:44 pm
Natural gas fell to the lowest since mid-August amid forecasts for above-average temperatures in key U.S. consuming areas, limiting the power-station fuels demand prospects prior to the peak winter season. On the New York Mercantile Exchange, natural gas futures for settlement in December traded at $3.442 per million British thermal units at 14:37 GMT, down […]
Read moreNovember 4, 2013 12:48 pm
Grain futures rose during European trading on Monday with corn hovering near Fridays three-year low on expectations U.S. supplies will be bigger than USDAs estimates, while soybeans and wheat posted moderate gains amid mixed weather across the worlds main growing areas. On the Chicago Board of Trade, soybeans futures for settlement in January rose by […]
Read moreNovember 4, 2013 10:09 am
Copper swung between gains and losses on Monday as market players weighed speculations the Federal Reserve might pare its bond purchases earlier than projected against overall upbeat manufacturing data from the Euro zone. A report by Chinas National Bureau of Statistics showing the Asian nations service sector expanded at the fastest pace since August 2012 […]
Read moreNovember 4, 2013 9:17 am
Gold swung between gains and losses on Monday but remained near Fridays two-week low on speculations the recent upbeat U.S. economic data might allow the Federal Reserve to scale back its bond purchases earlier than previously projected. The U.S. dollar remained steady at 1-1/2-month high levels. Market players eyed the upcoming key data from Europe […]
Read moreNovember 4, 2013 8:32 am
West Texas Intermediate marked a minor advance on Monday as investors locked in fresh positions after the U.S. benchmark fell to the lowest since June on Friday as the dollar rallied after a string of upbeat economic data. Brent posted a moderate gain as it drew support by ongoing turmoil in Libya, despite a recent […]
Read moreNovember 3, 2013 8:02 am
Gold tumbled to a two-week low on Friday and settled at the lowest price since October 22 after the U.S. dollar received a boost by a string of upbeat economic data which fueled speculations the Federal Reserve may begin scaling back its monthly bond purchases earlier than expected. Silver and palladium closed the week lower, […]
Read moreNovember 2, 2013 11:20 am
Both West Texas Intermediate and Brent benchmarks retreated on Friday and settled the week at multi-month lows after U.S. crude oil inventories rose for a sixth straight week to the highest since June and the U.S. dollar rallied, pressuring down dollar-denominated commodities. A partial recovery of Libyas crippled crude output further weighed, pushing Brent down […]
Read moreNovember 1, 2013 2:54 pm
Gold fell to the lowest in two weeks after the Institute for Supply Management reported U.S. manufacturing activity expanded at the fastest pace in two and a half years, indicating the 16-day government shutdown left factory output little affected. The data added to recently arisen speculations the Federal Reserve may begin trimming its monthly bond […]
Read moreNovember 1, 2013 2:03 pm
Natural gas fell more than 1.5% to the lowest since the beginning of October as weather forecasters predicted above-average temperatures in key consuming U.S. areas, limiting the power-station fuels demand prospects before the peak winter season. On the New York Mercantile Exchange, natural gas for delivery in December fell by 1.72% to $3.520 per million […]
Read moreNovember 1, 2013 11:10 am
Grain futures were steady during European trading on Friday with wheat headed for the worst week since June on expectations India will boost its exports to reduce ample state inventories. Corn hovered over 39-month low, while soybeans traded near 2-1/2 month low levels. On the Chicago Board of Trade, wheat futures for settlement in December […]
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