June 4, 2013 1:12 pm
Cotton futures extended gains from the previous session and hit a two-week high. On the ICE Futures U.S. Exchange, cotton futures for July delivery traded at $0.8318 a pound at 12:48 GMT, up 0.99% for the day. It rose by 1.5% earlier and hit $0,8364 a pound, the strongest level since May 23. According to […]
Read moreJune 4, 2013 11:38 am
Copper futures extended gains from the previous session and hit a two-week high, supported by positive news from China. On the Comex division of the New York Mercantile Exchange, copper futures for July delivery traded at $3.342 a pound at 11:32 GMT, up 0,34% on the day. According to the Chinese government’s official report on […]
Read moreJune 4, 2013 9:32 am
Silver tracked golds performance and slipped on Tuesday as the dollar regained some of its strength. The dollar index, which tracks the greenbacks performance against a basket of six major counterparts, was up 0,1% and traded at 82.81. The dollar found support in negative Euro zone data. PPI for April for the single currency block […]
Read moreJune 4, 2013 8:10 am
Corn dropped for a second day in a row as planting in the U.S. advanced last week and is near completion. According to the U.S. Department of Agricultures report yesterday, around 91% of the corn crop in the worlds largest grower has been planted, up from 86% last week. The USDA said on May 10 […]
Read moreJune 4, 2013 7:21 am
After rebounding from a one-month low of under $100 per barrel yesterday, Brent crude rebounded above $102, supported by weaker dollar and a North Sea outage. Following disappointing U.S. economy data on Monday, Brent oil slipped below $102 as concern about demand was spurred in the worlds biggest oil consumer, which accounts for 22% of […]
Read moreJune 4, 2013 6:38 am
Following the yet another batch of negative U.S. economic data on Monday, gold surged above $1 400 and kept its level during the Asian session. The ISM Manufacturing index mismatched predictions by 1.7% and plunged below the neutral level of 50. The value for May stands at 49, significantly below the 50,7 reading for the […]
Read moreJune 3, 2013 2:20 pm
Gold shot up after another batch of negative U.S. data came out. On the New York Mercantile Exchange, gold futures for July traded at $1 405,65 at 14:05 GMT, up 0,91% on the day. The ISM Manufacturing index mismatched predictions by 1.7% and plunged below the neutral level of 50. The value for May stands […]
Read moreJune 3, 2013 1:54 pm
Soft futures were mixed on Mondays U.S. morning trade. Cotton prices bounced off the previous sessions five-month low. Coffee and sugar prices continued to trade near multi-year lows amid sufficient global supplies. On the ICE Futures U.S. Exchange, cotton for July delivery traded at $0,8037 a pound, up 1.29% on the day after hitting a […]
Read moreJune 3, 2013 1:22 pm
Oil prices rose on Monday, returning price to where they stood before the OPEC meeting, which took place in Vienna on May 31. Brent oil for July delivery reached a session high of $102.27 dollars per barrel, followed by a decline. Brent traded at $101.21 a barrel at 12:59 GMT, up 0,79% on the day. […]
Read moreJune 3, 2013 11:30 am
Grain futures surged on Monday as investors looked ahead into the U.S. Department of Agricultures weekly update on U.S. planting progress. Wheat for July delivery hit a three-week high and traded at $7,1313 a bushel, followed by a decrease to $7,1275 at 11:13 GMT, up 1.04% on the day. Prices found support in concerns about […]
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