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Natural gas futures advance on hot weather outlook

August 12, 2015 9:10 am
Natural gas rose for a third day on Wednesday as investors focused on latest weather data showing a warmer trend over the majority of the US after August 20th, but gains were limited by expectations for tomorrows EIA report to show an inventory build above the average. Natural gas for delivery in September traded 0.74% […] Read more

Gold trading outlook: futures hover near 3-week highs on safe haven bids

August 12, 2015 7:45 am
Gold rose for a fifth session on Wednesday and held ground near Tuesdays three-week high as Beijings devaluation of the yuan spurred fears among investors of a currency war, prompting demand for safe haven assets such as gold. Gold futures for delivery in December traded 0.95% higher at $1 118.2 per troy ounce at 07:14 […] Read more

Kraft Heinz share price down as pre-merger sales at both companies drop

August 11, 2015 9:55 am
Kraft Heinz shares fell in after-hours trading on Monday after the recently formed packaged food company reported a drop in second-quarter sales at both its predecessors, underlining the growth issues it faces. Revenue fell 4.9% at Kraft in the three months ended June 27th to $4.52 billion from $4.75 billion a year earlier, but net […] Read more

Natural gas trading outlook: futures ease on active weather, EIA data in focus

August 11, 2015 8:43 am
Natural gas fell in early European trading on Tuesday as active weather across the US drove overall lower cooling demand compared to last week ahead of an expected larger-than-average inventory build due to be reported on Thursday. Natural gas for delivery in September traded 0.11% lower at $2.839 per million British thermal units at 08:22 […] Read more

Gold trading outlook: futures drop as yuan depreciation lifts dollar

August 11, 2015 7:03 am
Gold fell on Tuesday after its biggest daily gain in almost two months as China devalued its currency to boost economic activity following recent downbeat data, driving a rally in the dollar and curbing demand for bullion. Gold for delivery in December traded 0.37% lower at $1 100.0 per troy ounce at 06:38 GMT, shifting […] Read more

IG Group share price drops as CFO leaves to join Hargreaves Lansdown

August 10, 2015 10:03 am
Online trading expert IG Group Holdings Plc is facing the departure of a second senior executive officer within a month as chief financial officer Chris Hill announced on Monday he will leave in February to assume an identical role at Hargreaves Lansdown Plc. The resignation comes only weeks after chief executive Tim Howkins said he […] Read more

Natural gas trading outlook: futures advance on hot southern US

August 10, 2015 8:54 am
Natural gas rose on Monday, extending last weeks advance, as the southern US braced for the highest cooling demand this year amid very hot temperatures, although gains were limited by near-normal weather across the countrys northern regions. Natural gas for delivery in September traded 1.32% higher at $2.835 per million British thermal units at 08:30 […] Read more

Gold trading outlook: futures hover near 5-1/2-year lows on US rate prospects

August 10, 2015 7:29 am
Gold was little changed on Monday, trading not far off from the lowest in more than five years, as robust US employment data released on Friday reinforced speculations for an interest rate hike in as early as September, supporting the dollar. Gold for delivery in December traded 0.24% higher at $1 096.7 per troy ounce […] Read more

HTC share price slumps on Q3 loss projection

August 7, 2015 10:06 am
Shares of troubled Taiwanese smartphone maker HTC Corp tumbled by the daily limit on Friday to their lowest in more than a decade after the company announced poor second-quarter results and forecast a third-quarter loss five times greater than analysts projections. HTC reported a net loss of NT$8.0 billion for the three months ended June, […] Read more

Natural gas futures head for weekly gain on hot South, bullish inventory data

August 7, 2015 8:42 am
Natural gas headed for a sizable weekly gain following a bullish inventory report by the Energy Information Administration on Thursday and as the southern half of the US remained engulfed by hot temperatures. Natural gas for delivery in September traded 0.04% higher at $2.814 per million British thermal units at 08:05 GMT, shifting in a […] Read more