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Natural gas trading outlook: futures rebound to pare weekly losses

October 3, 2014 9:34 am
Natural gas futures were climbing during early trade in Europe today, as the market rebounds after the slump of the previous two sessions. Traders eye the ominous cold pattern, set to lower temps for the northern US by some 20 degrees into mid-October. Front-month natural gas futures for settlement in November on the New York […] Read more

Gold trading outlook: futures grind lower ahead of US payrolls

October 3, 2014 7:24 am
Gold futures were hovering dangerously near the key level of $1 200 during morning trade in Europe today, as investors eye US nonfarm payrolls figures later today. SPDR assets continued to dwindle as the whole precious metals complex retreats. Gold futures for December delivery on the Comex in New York traded at $1 207.5 per […] Read more

Crude oil trading outlook: WTI, Brent futures climb ahead of US payrolls

October 3, 2014 6:42 am
WTI and Brent futures were to the upside during morning trade in Europe today, as investors eye the key US nonfarm payrolls figure later today. Crude was looking for another massive loss late yesterday, but buying emerged at lows, reversing much of the slump. WTI futures for November delivery on the New York Mercantile Exchange […] Read more

Natural gas trading outlook: futures slide on bearish EIA report

October 2, 2014 2:42 pm
Natural gas futures extended earlier losses during midday trade in Europe today, as the US reported a massive build of natural gas held in storage, indicating stocks will be well-replenished ahead of winter heating season. Front-month natural gas futures for settlement in November on the NYMEX traded at $3.930 per million British thermal units (mBtu) […] Read more

Commodities trading outlook: gold, silver and copper futures

October 2, 2014 1:42 pm
Gold and silver futures were still lower during midday trade in Europe today, as investors were sifting through ECB data and speculation, while holding big moves for after US payrolls on Friday. Meanwhile, copper futures were also losing, with US data eyed. Gold futures for December delivery on the Comex in New York traded at […] Read more

Commodities trading outlook: crude oil futures extend slump, natural gas steady

October 2, 2014 12:41 pm
WTI and Brent futures were deep in bear ground during midday trade in Europe today, as investors cut losses, helping crude reach multi-year lows. Meanwhile, natural gas futures were little changed as traders eye US storage figures. WTI futures for November delivery on the New York Mercantile Exchange traded at $88.88 per barrel at 7:28 […] Read more