September 12, 2014 9:01 am
Natural gas futures were higher during early trade in Europe and were on track to score a sizable weekly gain, despite another big weekly build for US natgas inventories pressuring contracts on Thursday. Front-month natural gas futures for settlement in October on the New York Mercantile Exchange traded at $3.837 per million British thermal units […]
Read moreSeptember 12, 2014 8:03 am
Gold futures were lower during early trade in Europe, heading to settle a fifth straight session in the red and log a sizable weekly loss. A strong dollar weighed heavily on the precious metal, as traders eye the upcoming Fed meeting. Gold futures for December delivery on the Comex in New York traded at $1 […]
Read moreSeptember 12, 2014 7:28 am
WTI futures were higher during early trade in Europe today, reversing losses from earlier this week, while Brent, the global benchmark, was on track to settle the week at the lowest level in more than two years. WTI futures for October delivery on the New York Mercantile Exchange traded at $93.30 per barrel at 7:18 […]
Read moreSeptember 11, 2014 2:41 pm
Natural gas futures slumped during midday trade in Europe today, after the EIA reported natural gas inventories had added more than expected last week, signaling growing supply-demand disbalance as the market heads into Fall shoulder season. Front-month natural gas futures for settlement in October on the New York Mercantile Exchange traded at $3.838 per million […]
Read moreSeptember 11, 2014 1:29 pm
Gold and silver futures were lower during midday trade in Europe today, as investors were wary of big moves ahead of the Feds meeting next week. Meanwhile, copper futures dropped after downbeat data from China. Gold futures for December delivery on the Comex in New York traded at $1 244.8 per troy ounce, down 0.04%, […]
Read moreSeptember 11, 2014 12:34 pm
WTI and Brent futures extended the slump to log two-year lows after Saudi Arabia dispelled speculation of an imminent deep cut in production. Meanwhile, natural gas futures were also lower as investor await EIAs storage report. WTI futures for October delivery on the New York Mercantile Exchange traded at $90.54 per barrel at 12:29 GMT […]
Read moreSeptember 11, 2014 11:59 am
Activision Blizzard Inc, the biggest western video-game maker, announced sales of its highly-anticipated shooter Destiny have totaled more than $500 million on release day. Activision, the original wing of Activision Blizzard, and maker of blockbuster first-person shooter (FPS) franchise Call of Duty, joined forces with another FPS game developer Bungie, maker of the hugely popular […]
Read moreSeptember 11, 2014 9:39 am
Natural gas futures were lower during early trade in Europe today, after the most-traded contract failed to breach the key resistance at $4 yesterday, with an impressive 5% rally since Monday. Traders eye the upcoming weekly EIA log on natural gas inventory levels in the US later today, a report which triggers intense trading and […]
Read moreSeptember 11, 2014 8:13 am
Gold futures have been orbiting the key price of $1,250 all week, as investors abstain of big moves ahead of a key Federal Reserve meeting next week. A 15-month high dollar weighed on all dollar-denominated commodities, with gold also hurt by easing geopolitical tensions. Gold futures for December delivery on the Comex in New York […]
Read moreSeptember 11, 2014 7:08 am
WTI and Brent futures were deeper in the red during early trade in Europe today, extending the recent slump to a sixth out of seven sessions. A bearish EIA report on Wednesday weighed on crude contracts, signaling lackluster consumer demand amid growing global supply. WTI futures for October delivery on the New York Mercantile Exchange […]
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