June 15, 2015 8:30 am
Natural gas rose on Monday, extending last weeks gains, as warm weather across most of the US spurred moderate to strong demand for cooling, lining up a series of slightly larger than average inventory builds. Natural gas for delivery in July traded 2.65% higher at $2.823 per million British thermal units at 8:01 GMT, shifting […]
Read moreJune 15, 2015 7:01 am
Fridays trade saw USD/CAD within the range of 1.2349 – 1.2273. The pair closed 0.25% higher at 1.2322, rising for a second day and trimming its weekly decline to 0.9%. At 7:01 GMT today USD/CAD was up 0.04% for the day to trade at 1.2314. The cross held in a daily range of 1.2306 – […]
Read moreJune 12, 2015 10:02 am
South Korean automaker Hyundai Motor Co and affiliate Kia Motors Corp said on Friday they are cutting production to adjust to declining sales as the two suffer a heavy reliance on sedans in times of a global boom in SUV demand and a weaker yen giving advantage to Japanese rivals. Hyundai pared production by 25% […]
Read moreJune 12, 2015 8:34 am
Natural gas fell for a second day on Friday but remained on track to settle the week with a hefty gain as warm weather across many regions of the US induced moderately stronger cooling demand, while an unimpressive build in US stockpiles failed to spark significant downward movement. Natural gas for delivery in July traded […]
Read moreJune 12, 2015 7:11 am
Yesterday’s trade saw EUR/USD within the range of 1.1332 – 1.1182 to close 0.60% lower at 1.1258. At 07:10 GMT today EUR/USD was down 0.15% for the day to trade at 1.1242. The pair held in a daily range of 1.1216 – 1.1267 and is up 1.1% for the week so far, following another 1.1% […]
Read moreJune 11, 2015 10:11 am
The British government said it raised £750 million ($1.2 billion) from the sale of half of its 30% stake in ex fully-state-owned postal operator Royal Mail Plc, adding that it sees no reason to keep any holding in the company. Banks led by Goldman Sachs, JPMorgan and Bank of America placed this week around 150 […]
Read moreJune 11, 2015 8:36 am
Natural gas was little changed in early European trading on Thursday following three days of hefty gains as investors braced for the Energy Information Administrations weekly stockpiles data, while weather forecasts continued to call for very warm weather across many US regions. Natural gas for delivery in July was 0.14% higher at $2.895 per million […]
Read moreJune 11, 2015 7:20 am
Yesterday’s trade saw USD/CAD within the range of 1.2353 – 1.2199. The pair closed 0.67% lower at 1.2254, falling for a third straight day. At 7:19 GMT today USD/CAD was up 0.30% for the day to trade at 1.2291. The cross held in a daily range of 1.2254 – 1.2293 and is down 1.2% for […]
Read moreJune 10, 2015 9:58 am
Spains Industria de Diseño Textil SA, the worlds largest clothing retailer, reported on Wednesday better-than-expected first-quarter profit amid sales growth in all geographies, boosted by a weaker euro and a continued global expansion of stores. The owner of brands such as Pull&Bear, teen chain Bershka and up-market chain Massimo Dutti, said that sales rose by […]
Read moreJune 10, 2015 8:23 am
Natural gas was little changed in early European trading on Wednesday following two days of sharp gains as very warm weather across many US regions spurred stronger cooling demand for natural gas, while investors also eyed Thursdays inventory data for any surprises. Natural gas for delivery in July traded 0.25% lower at $2.839 per million […]
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