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Natural gas trading outlook: futures steady ahead of EIA data

July 15, 2015 8:46 am
Natural gas was little changed on Wednesday as investors weighed forecasts for widespread hot weather in the US against projections for a much larger than average inventory build in Thursdays EIA report. Natural gas for delivery in August traded 0.04% higher at $2.841 per million British thermal units at 08:22 GMT, shifting in a daily […] Read more

Gold trading outlook: futures steady ahead of Yellen testimony

July 15, 2015 7:40 am
Gold swung in a narrow range on Wednesday ahead of Fed Chair Janet Yellens semiannual testimony before US Congress as investors waited for clues on whether the central bank will initiate its first interest rate hike in almost a decade. Gold futures for delivery in August were up 0.02% for the day at $1 153.7 […] Read more

Micron share price soars, receives a $23-billion buyout bid from China’s Unigroup

July 14, 2015 10:03 am
State-owned Tsinghua Unigroup has prepared a $23-billion offer to acquire US memory chip maker Micron Technology Inc, according to people familiar with the matter, which could be the biggest foreign takeover by a Chinese company. Unigroup said on Tuesday that a deal was still “under discussion” and that it could pay $21 per Micron share, […] Read more

Natural gas trading outlook: futures hold near 1-month high on warm weather

July 14, 2015 8:45 am
Natural gas was steady on Tuesday, holding close below a 1-month high touched on Monday, as forecasts called for very warm weather across most of the US during the next couple of weeks, including over the typically cooler north-eastern regions. Natural gas for delivery in August traded 0.03% lower at $2.863 per million British thermal […] Read more

Gold trading outlook: futures extend drop as focus shifts to US rates

July 14, 2015 7:27 am
Gold fell for a second day this week after Greece agreed to creditor demands, removing a risk factor for safe haven demand and shifting investors focus on expectations for the first interest rate increase in the US in almost a decade. Gold futures for delivery in August traded 0.12% lower at $1 154.0 per troy […] Read more

Gold futures drop on Greek relief, US rates outlook

July 13, 2015 2:57 pm
Gold fell for a third day on Monday after Greece secured a crucial deal with its creditors, setting the path toward a new bailout, while investors gauged the possibility of a US interest rate hike in as early as September. Gold futures for delivery in August traded 0.38% lower at $1 153.5 per troy ounce […] Read more

General Motors share price up, recalls 155 000 vehicles in India

July 13, 2015 1:51 pm
General Motors Co announced on Monday it will recall 155 000 Chevrolet vehicles in India starting next week to fix a faulty wiring in a remote keyless entry part. The recall, the companys biggest in the country, will cover the Chevrolet Spark and Beat hatchbacks and the Chevrolet Enjoy minivan. It affects certain vehicles manufactured […] Read more

Natural gas trading outlook: futures extend gains on warmer weather

July 13, 2015 12:09 pm
Natural gas rose for a third day on Monday amid forecasts for very warm weather across the US, including the countrys typically cooler north-eastern regions. Natural gas for delivery in August traded 1.62% higher at $2.815 per million British thermal units at 11:46 GMT, shifting in a daily range between $2.821 and $2.787. The contract […] Read more

IAG share price up, nears Aer Lingus acquisition as Ryanair agrees to sell stake

July 10, 2015 2:53 pm
British Airways-parent International Airlines Group SA is one step closer to taking over Irish national carrier Aer Lingus after the board of Ryanair Holdings Plc unanimously voted in favor of selling its nearly 30% stake in the carrier. The London-based airline operator, which owns British Airways, Iberia and Spanish budget carrier Vueling, had made the […] Read more

Natural gas futures advance on forecasts for warmer weather

July 10, 2015 1:09 pm
Natural gas fell for a second day on Friday, further trimming a weekly decline scored in the first half of the week, as weather data tipping the scales toward a warmer second half of July offset a bearish inventory report by the EIA. Natural gas for delivery in August traded 0.99% higher at $2.753 per […] Read more