August 26, 2014 7:36 am
WTI and Brent futures were higher during early trade in Europe today, as investors eye upcoming reports on US oil inventories. Tensions in Ukraine supported crude, as reports of fresh clashes involving Russian military pumped up the risk premium. West Texas Intermediate futures for delivery in October traded at $93.68 per barrel, up 0.35%, at […]
Read moreAugust 25, 2014 2:08 pm
Boeing Co., the second-largest aerospace and defense contractor in the world, announced it has secured an order for 82 jets worth $8.8bn by list prices from Bank of China Aviation, the Singapore-based aircraft leasing subsidiary of BoC. The order includes 50 single-aisle 737 Max aircraft, and 30 737-800, as well as two 777 wide-body aircraft. […]
Read moreAugust 25, 2014 1:00 pm
WTI and Brent futures were slightly higher during midday trade in Europe today, as developments in Ukraine were weighed with US rate hike outlooks. Meanwhile, natural gas futures climbed on warmer than usual US weather. West Texas Intermediate futures for October delivery on the New York Mercantile Exchange traded at $93.71 per barrel, up 0.06%, […]
Read moreAugust 25, 2014 12:24 pm
Gold and silver futures were little changed during midday trade in Europe today, as investors look to US new home sales to further reinforce speculation that the Fed will raise rates. Meanwhile, copper futures were higher, as expectations of increasing home sales drive demand outlooks higher. Gold futures for December delivery on the Comex in […]
Read moreAugust 25, 2014 11:34 am
Natural gas futures were soaring during midday trade in Europe today, as warmer weather over high-demand regions in the US suggested higher power demand, inducing a rally for the blue fuel. Front-month natural gas futures for delivery in September traded at $3.917 per million British thermal units (mBtu), up 2.01%, at 11:29 GMT on the […]
Read moreAugust 25, 2014 8:22 am
Gold futures were lower during early trade in Europe today, as investors look towards economic data to further strengthen speculation for an earlier than previously expected US rate hike. The US dollar hovered near a 13-month peak, weighing on havens. Gold futures for December delivery on the Comex in New York traded at $1 278.0 […]
Read moreAugust 25, 2014 7:08 am
WTI and Brent futures were little changed during early trade in Europe today, as investors eye upcoming data from the US and EU to gauge the direction of the dollar, and the broader economic picture. The US currency is orbiting a one-year peak, weighing on crude. West Texas Intermediate futures for October delivery on the […]
Read moreAugust 24, 2014 7:44 am
Vodafone Group Plc, the worlds second-largest telecommunications company, said in a statement on Friday, that it has reached an agreement to acquire 72.7% of Greek broadband company Hellas Online for €72.7 million (~$96.45 million), adding to the 18.5% Vodafone already owned. The London-based telecomm also said it also plans to acquire the rest of the […]
Read moreAugust 23, 2014 8:28 am
Gold futures logged a sizable drop this week, as investors saw a more hawkish Fed in the July meeting minutes, betting on an earlier interest rate hike. Economic data by the US fomented bullish sentiment for the dollar, pressuring the yellow metal further. The ongoing conflicts in Ukraine and in the Middle East did not […]
Read moreAugust 22, 2014 1:54 pm
Royal Bank of Canada posted Q3 earnings today, beating estimates and logging the best results on record in its capital markets, insurance and wealth management divisions. RBC, Canadas second-largest banks by assets, logged sales of 8.98 billion Canadian dollars (~$8.20bn), up 25% from a year ago. Net income was C$2.38bn, up 3.9% on an annual […]
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