September 15, 2014 1:00 pm
Gold and silver futures hovered above multi-month lows during midday trade in Europe today, as investors eye the upcoming Fed meeting, due to announce decisions on Wednesday. Meanwhile, copper futures were lower, as downbeat data from China, the worlds top consumer, weighed heavily on the industrial metal. Gold futures for December delivery on the Comex […]
Read moreSeptember 15, 2014 12:19 pm
Hennes & Mauritz AB, the second-top global clothing retailer, reported upbeat sales figures for August and the whole third quarter, boosting the companys stock to a new all-time high. The Swedish companys sales in local currencies increased 19% on an annual basis in August, while sales for the third quarter ended August 31st were up […]
Read moreSeptember 15, 2014 10:10 am
Natural gas futures were higher during early trade in Europe today, as traders saw weather patterns calling for rising temps over the southern US. Analysts, however, project widespread comfortable temps, set to ease natgas inventories into several massive weekly builds. Front-month natural gas futures for settlement in October on the New York Mercantile Exchange traded […]
Read moreSeptember 15, 2014 9:03 am
Corn, soybeans and wheat were all in the red during early trade in Europe today, as investor leer away from grains on expectations of a sizable surplus by this seasons end. The focus today will be on the US Department of Agricultures weekly crops report, as traders look to reinforce outlooks of record harvests. The […]
Read moreSeptember 15, 2014 7:55 am
Gold futures edged above a nine-month low during early trade in Europe today, as investors hold big moves until the Fed meeting concludes and fresh cues about a rate-hike are given. Gold futures for December delivery on the Comex in New York traded at $1 238.4 per troy ounce by 7:52 GMT, up 0.32%. Prices […]
Read moreSeptember 15, 2014 7:11 am
WTI and Brent futures were deep in the red during early trade in Europe today, as investors priced in disappointing data from China. Prices were pressured by a number of bearish reports on global supply and demand disbalances last week, while geopolitical tensions failed to offer meaningful support. WTI futures for October delivery on the […]
Read moreSeptember 14, 2014 6:00 am
Gold futures logged significant losses this week, as a heavier dollar and a lack of any economical headlines weighed on the precious metal as compared with interest baring assets, while traders also dismissed much of the risk over conflicts in Ukraine and the Middle East. Gold futures for delivery in December dropped 0.61% on Friday, […]
Read moreSeptember 13, 2014 4:39 am
WTI futures closed little changed from last week on Friday, while Brent stood near a 26-month low after slumping on reduced global demand growth outlooks and ample supplies. Meanwhile, tensions over Ukraine and the fight against Islamic State failed to offer much upside, as traders kept away from any risk premium. WTI crude for delivery […]
Read moreSeptember 12, 2014 12:53 pm
Gold and silver futures were slightly lower during midday trade in Europe today, on track for sizable weekly losses as a year-high dollar weighed heavily on the precious metals investment appeal. Meanwhile, copper futures were also headed for a loss, as downbeat data from top consumer China pressured the red metal. Gold futures for December […]
Read moreSeptember 12, 2014 11:24 am
WTI and Brent futures steadied for slight gains during midday trade in Europe today, as traders saw the recent slump as excessive, correcting some of the losses. Meanwhile, natural gas futures were poised for a weekly gain despite growing stockpiles in the US. WTI futures for October delivery on the New York Mercantile Exchange traded […]
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