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Natural gas trading outlook: futures steady as active weather continues

May 18, 2015 8:22 am
Natural gas was little changed on Monday after rising for a third week last week with weather forecasts calling for an active Spring pattern to continue through the rest of May, although past the short-term sentiment remained bearish biased. Natural gas for delivery in June traded 0.50% lower at $3.001 per million British thermal units […] Read more

Forex Market: EUR/USD daily trading outlook

May 18, 2015 6:52 am
Fridays trade saw EUR/USD within the range of 1.1324 – 1.1467, the highest in 3-1/2 months. The pair closed at 1.1449, gaining 0.41% on a daily basis and settling the week 2.2% higher, a fifth straight weekly increase. At 06:51 GMT today EUR/USD was down 0.14% for the day to trade at 1.1433. The pair […] Read more

SABMiller Plc share price up, acquires UK craft brewer Meantime

May 15, 2015 9:19 am
SABMiller, the worlds second-biggest brewing company, announced on Friday it is gaining a foothold into the fast growing British craft beer market by acquiring Meantime Brewing Company for an undisclosed sum. The global beer giant said it plans to boost the craft brewerys sales and explore export opportunities in its European markets under the continued […] Read more

Natural gas trading outlook: futures set for third weekly gain on EIA data

May 15, 2015 8:01 am
Natural gas held near the $3 mark on Friday after the Energy Information Administration reported a smaller-than-expected inventory gain on Thursday, although upward movement was limited by forecasts for comfortable temperatures across the US. Natural gas for delivery in June traded 0.27% lower at $3.000 per million British thermal units at 7:45 GMT, shifting in […] Read more

Forex Market: USD/CAD daily trading outlook

May 15, 2015 7:02 am
Yesterday’s trade saw USD/CAD within the range of 1.2006-1.1920. The pair closed 0.23% higher at 1.1985, following a 0.49% loss the previous day. At 07:02 GMT today USD/CAD was up 0.02% for the day to trade at 1.1989. The cross held in a daily range of 1.1980 – 1.2006 and has lost 0.7% for the […] Read more

Honda share price steady, recalls 4.9 million cars over Takata air bags

May 14, 2015 9:29 am
Honda Motor Co joined on Thursday fellow Japanese carmakers Toyota Motor Corp and Nissan Motor Co in the latest round of air bag related recalls, announcing it will pull back 4.9 million vehicles with potentially faulty air bag inflators. Honda, Takatas biggest customer, said its latest recall involves popular models such as the Accord, CRV, […] Read more

Natural gas trading outlook: futures steady ahead of EIA data

May 14, 2015 8:17 am
Natural gas was little changed on Thursday as investors awaited the Energy Information Administrations weekly stockpiles report, expected to show a much larger than average build. Natural gas for delivery in June traded at $2.937 per million British thermal units at 7:54 GMT, up 0.07% for the day, having shifted in a daily range of […] Read more

Forex Market: USD/CAD daily trading outlook

May 14, 2015 6:45 am
Yesterday’s trade saw USD/CAD within the range of 1.2030-1.1926. The pair closed 0.49% lower at 1.1957, following a 0.7% loss the previous day. At 6:44 GMT today USD/CAD was down 0.25% for the day to trade at 1.1928. The cross held in a daily range of 1.1925 – 1.1963 and has lost 1.2% for the […] Read more

Toyota share price down, expands Takata-related recalls by 5 million

May 13, 2015 9:42 am
Japanese carmaker Toyota Motor Corp announced on Wednesday it will recall just under 5 million vehicles due to risk of moisture intrusion on certain types of air bags produced by Takata Corp. The worlds biggest auto manufacturer said it will initiate both a new recall and expand the production period of existing recalls, withdrawing approximately […] Read more

Natural gas trading outlook: investors eye government supply data

May 13, 2015 8:11 am
Natural gas was steady on Wednesday following Tuesdays sharp gains, with investors focus aimed at tomorrows expectedly bearish supply report on the back of widespread mild weather across the US. Natural gas for delivery in June traded 0.07% higher at $2.899 per million British thermal units at 07:45 GMT, shifting in a daily range of […] Read more