August 21, 2015 7:12 am
Gold hit a 1-1/2-month high on Friday and headed for a second weekly gain on speculation the Federal Reserve might delay an interest rate hike for later this year, while downbeat data from China fanned fears of a deepening economic slowdown, spurring demand for safe haven assets. Gold futures for delivery in December traded 0.43% […]
Read moreAugust 20, 2015 10:06 am
Lowes Companies Inc, the second-biggest US home improvement chain, reported on Wednesday better-than-expected same-store sales in the second quarter as it benefited from improving consumer sentiment and a continuously recovering US housing market. The company, which operates 1 846 home improvement and hardware stores in the United States, Canada and Mexico, said that same-store sales, […]
Read moreAugust 20, 2015 8:22 am
Natural gas was mostly steady in early European trading on Thursday as investors waited for the Energy Information Administrations weekly US inventory data and as forecasts for active weather through the end of August spurred mixed sentiment. Natural gas for delivery in September traded 0.33% lower at $2.707 per million British thermal units at 07:49 […]
Read moreAugust 20, 2015 7:02 am
Gold headed for a second weekly gain after minutes from the Federal Reserves policy meeting in July showed officials needed more evidence of a strengthening economy, signaling a September interest rate increase may be unlikely. Gold for delivery in December traded 0.88% higher at $1 137.8 per troy ounce at 06:34 GMT, having earlier risen […]
Read moreAugust 19, 2015 9:50 am
Glencore Plc, the worlds largest producer and trader of raw materials, said on Wednesday that a steep drop in commodity prices pushed it to a loss in the first half, while profit from its trading arm that is supposed to offset such market routs also slid. Glencore said that it swung to a net loss […]
Read moreAugust 19, 2015 8:18 am
Natural gas was little changed on Wednesday after two days of sizable losses as investors weighed forecasts for cooler weather across portions of the US against the expected return of higher-than-usual temperatures. Natural gas for delivery in September traded 0.33% higher at $2.713 per million British thermal units at 07:53 GMT, shifting in a daily […]
Read moreAugust 19, 2015 6:49 am
Gold was little changed on Wednesday as investors abstained from entering large positions before the Fed releases the minutes of its July policy meeting which are expected to bring clues on the likelihood of an interest rate hike in September. Gold for delivery in December was up 0.09% at $1 117.9 per troy ounce at […]
Read moreAugust 18, 2015 10:04 am
German carmaker Volkswagen AG is investigating recently manufactured vehicles fitted with Takata Corp. side air bags after one of the safety devices ruptured in June in a 2015 model Tiguan SUV. US safety regulators said on Monday they have directed the US units of Volkswagen and Takata to provide information on an incident that occurred […]
Read moreAugust 18, 2015 8:39 am
Natural gas fell for a second day on Tuesday as cooler weather systems across portions of the US are expected to curb cooling demand this week and the next, while Thursdays inventory report by the EIA will likely show a build exceeding the one from last week. Natural gas for delivery in September traded 0.07% […]
Read moreAugust 18, 2015 7:09 am
Gold was little changed on Tuesday as investors weighed a looming US interest rate hike against increased safe-haven demand spurred by Chinas surprising devaluation of the yuan last week. Gold futures for delivery in December traded 0.03% lower at $1 118.1 per troy ounce at 06:42 GMT, shifting in a daily range of $1 119.1 […]
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