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Natural gas trading outlook: futures drop on cooler east-central US

June 29, 2015 8:48 am
Natural gas fell on Monday, extending last weeks decline, amid forecasts for somewhat cooler weather across the eastern and central US, paving the way for a slightly larger-than-usual inventory build to be reported next week. Natural gas for delivery in August traded 0.72% lower at $2.750 per million British thermal units at 08:25 GMT, shifting […] Read more

Forex Market: USD/CAD daily trading outlook

June 29, 2015 7:41 am
Fridays trade saw USD/CAD within the range of 1.2398 – 1.2309. The pair closed 0.1% lower at 1.2318, settling the week 0.4% higher and ending three straight weekly declines. At 07:40 GMT today USD/CAD was down 0.01% for the day to trade at 1.2321. The cross held in a daily range of 1.2304 – 1.2357. […] Read more

Tesco share price up, reports smaller-than-expected Q1 sales drop

June 26, 2015 10:14 am
Britains biggest supermarket chain Tesco Plc announced on Friday a further decline in sales during the first three months of the current fiscal year but performance topped expectations, sending signs of a fragile recovery after a record annual loss. Tesco said that sales at stores open for at least one year fell by 1.3% in […] Read more

Natural gas trading outlook: futures head for near-even weekly close

June 26, 2015 8:36 am
Natural gas fell in early European trading on Friday after jumping on Thursday as investors weighed a smaller-than-average inventory withdrawal against forecasts for cooler weather across large portions of the US over the coming week. Natural gas for delivery in August traded 0.28% lower at $2.858 per million British thermal units at 08:09 GMT, shifting […] Read more

Forex Market: USD/MXN daily trading outlook

June 26, 2015 7:02 am
Yesterdays trade saw USD/MXN within the range of 15.5208 – 15.4460. The pair fell 0.1% to close at 15.4820. At 07:00 GMT today USD/MXN was up 0.17% for the day to trade at 15.5069, holding in a daily range of 15.4801 – 15.5114. The pair is up 1% for the week so far, following two […] Read more

Toyota, Nissan share price down, expand Takata airbag recalls

June 25, 2015 10:02 am
Japanese carmakers Toyota Motor Corp and Nissan Motor Co said on Thursday they are expanding previously issued recalls in North America tied to defective Takata airbags to the rest of the world. Mitsubishi announced recalls as well. Tokyo-based Takata Corp agreed last month to double a US recall to a record of more than 30 […] Read more

Natural gas trading outlook: futures steady ahead of EIA inventory report

June 25, 2015 8:48 am
Natural gas swung between gains and losses on Thursday as investors weighed an expected bullish inventory report by the EIA against arriving Canadian weather systems that would significantly ease cooling demand through early July. Natural gas for delivery in August traded 0.18% lower at $2.777 per million British thermal units at 8:25 GMT, shifting in […] Read more

Forex Market: EUR/USD daily trading outlook

June 25, 2015 7:31 am
Yesterday’s trade saw EUR/USD within the range of 1.1237 – 1.1154 to close 0.33% higher at 1.1207. At 07:30 GMT today EUR/USD was up 0.02% for the day to trade at 1.1206. The pair held in a daily range of 1.1182 – 1.1220 and is down 1.3% for the week so far, following three consecutive […] Read more

Ahold share price up, confirms merger with Delhaize to challenge Walmart

June 24, 2015 10:06 am
Dutch grocery chain Koninklijke Ahold NV has agreed to merge with Belgian peer Delhaize Group SA, the two confirmed on Wednesday, creating a global top 20 retailer and one of the largest in the US to challenge the dominance of Walmart. A combination between the two grocery chains would create the fourth-largest retailer on home […] Read more

Natural gas trading outlook: futures steady with weather in focus

June 24, 2015 8:26 am
Natural gas was little changed on Wednesday following two days of losses as weather forecasts saw no significant overnight changes, calling for a couple of very warm days across the US, followed by the arrival of cooler Canadian weather systems that would significantly ease cooling demand. Natural gas for delivery in August traded at $2.742 […] Read more