October 22, 2013 9:44 am
Grain futures were mixed on Tuesday with soybeans and wheat posting moderate losses, while corn was overall unchanged. Soybeans fell from a two-week high as U.S. farmers accelerated field work, while favorable conditions in Brazil boosted the outlook for a record crop. On the Chicago Board of Trade, soybeans futures for settlement in November fell […]
Read moreOctober 22, 2013 8:44 am
Copper swung between gains and losses on Tuesday and traded mostly higher in the European session as investors weighed broad expectations that the Federal Reserve will refrain from scaling back its monetary stimulus this year against the release of delayed U.S. employment data which may show the economy added more jobs in September. On the […]
Read moreOctober 22, 2013 7:59 am
Gold swung between gains and losses on Tuesday as investors weighed broad expectations for the Federal Reserve to refrain from trimming its monetary stimulus program this year against a steep drop in holdings in the SPDR Gold Trust, the biggest bullion-backed ETF. Market players remained wary ahead of the release of key U.S. employment data […]
Read moreOctober 22, 2013 6:41 am
Both West Texas Intermediate and Brent benchmarks extended losses on Tuesday after the Energy Information Administration said yesterday that U.S. crude oil stockpiles rose more than expected, hitting a 15-week high. Market players remained wary ahead of the release of Septembers highly anticipated non-farm payrolls and unemployment rate, delayed from October 4 due to the […]
Read moreOctober 21, 2013 2:57 pm
Both West Texas Intermediate and Brent benchmarks remained on negative territory in early American trading after the Energy Information Administration reported that U.S. crude oil inventories rose more than expected last week, while motor gasoline and distillate fuel supplies fell. Broad expectations that the Federal Reserve will refrain from trimming its monetary easing program until […]
Read moreOctober 21, 2013 2:07 pm
Natural gas fell in the early U.S. session on speculations that the Energy Information Administration will report on Tuesday a larger than the average rise in U.S. inventories in the week ended October 11. The fuel traded mostly higher throughout the day on outlook for colder-than-usual weather in key U.S. consuming areas through the beginning […]
Read moreOctober 21, 2013 10:11 am
Wheat futures rose on Monday as overall unfavorable weather conditions in North America, South America and Europe continued to impair field works. Wheat rose to the highest since June. On the Chicago Board of Trade, wheat December futures traded at $7.0938 per bushel at 10:00 GMT, up 0.42% on the day. Prices surged to a […]
Read moreOctober 21, 2013 9:15 am
Copper extended last weeks advance into Monday after Chinese customs data showed that imports by the worlds biggest consumer rose by 18% in September. Speculations that the Federal Reserve will refrain from trimming its monetary easing program until 2014 supported the metals demand prospects. On the Comex division of the New York Mercantile Exchange, copper […]
Read moreOctober 21, 2013 8:36 am
Gold advanced on Monday and remained firm above the $1 300 mark on certainty that the Federal Reserve will refrain from paring its monetary stimulus in October and speculations for extending the delay past December. The U.S. dollar hovered over an 8-1/2 month low. Silver, platinum and palladium also advanced. On the Comex division of […]
Read moreOctober 21, 2013 7:47 am
Both West Texas Intermediate and Brent benchmarks swung between gains and losses on Monday and traded lower in the early European session ahead of EIAs crude oil inventories report for the week ended October 11 that is expected to show U.S. crude supplies rose to the highest since July. A weaker dollar and higher U.S. […]
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