July 24, 2015 7:35 am
Gold fell to a fresh five-year low on Friday, headed for a fifth straight weekly decline which would be the longest such losing stretch since 2012, as more better-than-expected economic data from the US backed the case of an interest rate hike this year. Gold futures for delivery in August traded 1.12% lower at $1 […]
Read moreJuly 23, 2015 10:07 am
German automotive group Daimler AG reported on Thursday better-than-expected second-quarter revenue and profit, driven by strong performance at its Mercedes-Benz luxury car division. The company said that group sales in the three months ended June rose by 19% to €37.5 billion from €31.5 billion a year earlier, while operating profit from ongoing businesses soared 54% […]
Read moreJuly 23, 2015 8:12 am
Natural gas fell in early European trading on Thursday before data by the EIA allegedly shows a larger-than-average inventory build, while a cooling across the north-eastern US curbs demand for another day. Natural gas for delivery in August traded 0.52% lower at $2.882 per million British thermal units at 07:50 GMT, shifting in a daily […]
Read moreJuly 23, 2015 7:08 am
Gold snapped 10 straight days of losses on Thursday but downside risk remained intact, with gold-backed ETFs continuing to liquidate and another bit of US data backing the case of a robust economic recovery. Gold futures for delivery in August traded 0.49% higher at $1 096.9 per troy ounce at 06:38 GMT, shifting in a […]
Read moreJuly 22, 2015 9:56 am
British low-cost airline easyJet Plc announced on Wednesday a smaller-than-expected drop in third-quarter revenue as more holiday traveling to the beach partially offset hurdles the company had warned about in a guidance released in May. Europes second-biggest budget carrier said it achieved good commercial performance in the three months ended June 30th, with revenue per […]
Read moreJuly 22, 2015 8:13 am
Natural gas was steady in early European trading on Wednesday as investors weighed a short-term cooling across the north-eastern US and a larger-than-average inventory build to be reported on Thursday against an extended outlook for very warm conditions across almost the entire country. Natural gas for delivery in August traded 0.10% lower at $2.879 per […]
Read moreJuly 22, 2015 7:00 am
Gold fell for a tenth straight session on Wednesday, headed for the longest losing stretch since 1996, as investors weighted the chance of a US interest rate hike in as early as September, with bearish headwinds broadly expected to continue. Gold futures for delivery in August traded 0.74% lower at $1 095.3 per troy ounce […]
Read moreJuly 21, 2015 10:12 am
International Business Machines Corp, the worlds biggest technology services company, reported on Monday a 13th consecutive drop in quarterly revenue which was weighed down by divestment and a strong dollar, sending shares of the company falling in after-market trading. IBM said that revenue from continuing operations tumbled 13% to $20.8 billion in the three months […]
Read moreJuly 21, 2015 8:48 am
Natural gas rose slightly in early European trading on Tuesday, with market players eyeing active weather across the north-eastern US and an above-average inventory gain last week, while the rest of the country remains very warm to hot. Natural gas for delivery in August traded 0.46% higher at $2.836 per million British thermal units at […]
Read moreJuly 21, 2015 7:25 am
Gold held slightly above the key $1 100 level on Tuesday after tumbling to a fresh five-year low on Monday as bearish sentiment continued to drive the market amid a looming US interest rate hike. Gold futures for delivery in August traded 0.43% lower at $1 102.0 per troy ounce at 06:58 GMT, shifting in […]
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