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Gold trading outlook: futures edge higher on Ukraine, palladium at 13-year high

September 1, 2014 8:41 am
Gold futures were higher during early trade in Europe today, as simmering tensions in Ukraine worried investors, spurring haven bids. Prices were further pressured by downbeat EU data, as traders eye a plethora of upcoming economic data and a key ECB meeting. Gold futures for December delivery on the Comex in New York traded at […] Read more

Crude oil trading outlook: WTI, Brent futures drop as China growth seen slowing

September 1, 2014 7:49 am
WTI and Brent futures were lower during early trade in Europe today, as investors saw two separate bearish manufacturing PMI readings on China pressure oil demand outlooks. Elsewhere, the conflict in Ukraine was still in focus, after allegations that the Russian military was directly involved in fighting. West Texas Intermediate futures for delivery in October […] Read more

Gold futures weekly recap, August 25 – August 29

August 31, 2014 6:02 am
Gold futures were little changed this week, as investors weighed economic data with growing tensions in Ukraine ahead of the three-day weekend in the US. The economic outlook in the worlds top economy boosted the dollar to a new one-year peak, while Ukraine saw talks of an open war. Gold futures for delivery in December […] Read more

Crude oil futures weekly recap, August 25 – August 29

August 30, 2014 7:01 am
WTI and Brent futures clocked significant gains this week, as growing tensions in Ukraine before a three-day weekend in the US prompted risk-off bids. The economic outlook for the worlds top oil consuming economy also brightened, further supporting crude, before key data next week. On the New York Mercantile Exchange, WTI crude for delivery in […] Read more

Commodities trading outlook: gold, silver and copper futures

August 29, 2014 1:35 pm
Gold and silver futures turned downwards during midday trade in Europe today, as upbeat US data prompted risk bets, though the precious metals were still headed for weekly gains on simmering tensions in Ukraine. Meanwhile, copper futures were lower, pressured by the dollar and supply outlooks. Gold futures for December delivery on the Comex in […] Read more

Commodities trading outlook: crude oil and natural gas futures

August 29, 2014 12:24 pm
WTI and Brent futures were higher and headed for weekly gains during midday trade in Europe today, as upbeat US economic data and souring of the tone over the crisis in Ukraine supported prices. Meanwhile, natural gas futures dropped, but were still headed for a big weekly gain on the back of high temps in […] Read more

Gold trading outlook: futures edge lower, headed for weekly gain

August 29, 2014 8:03 am
Gold futures were slightly lower during early trade in Europe today, as investors eye upcoming data from the US and Eurozone. Meanwhile, the escalating conflict in Ukraine spurred some haven bids, supporting the precious metal. Gold futures for December delivery on the Comex in New York traded at $1 289.6 per troy ounce, down 0.06%, […] Read more

Crude oil trading outlook: WTI and Brent futures headed for weekly gain, monthly loss

August 29, 2014 7:02 am
WTI and Brent futures were higher during early trade in Europe today, as investors priced in growing tensions in Ukraine, bumping up the risk premium. Meanwhile, upbeat economic data also supported crude, projecting brighter demand outlook in the US. West Texas Intermediate futures for delivery in October traded at $94.76 per barrel, up 0.22%, at […] Read more

Natural gas trading outlook: futures rise on bullish EIA report

August 28, 2014 2:42 pm
Natural gas futures climbed higher after the US reported the smallest weekly build for natural gas inventories in four months. Prices were already quite high, as heat over much of the US had stoked bullish sentiment over the past few days. Front-month natural gas futures for delivery in October traded at $4.062 per million British […] Read more