August 22, 2014 12:56 pm
Gold and silver futures were higher during midday trade in Europe today, as tensions in Ukraine stoked some haven bids ahead of speeches from the top US and EU central bankers later today. Meanwhile, copper futures were higher and headed for a sizable weekly gain. Gold futures for December delivery traded at $1 279.9 per […]
Read moreAugust 22, 2014 7:30 am
Gold futures were trading slightly higher this morning in Europe, after sliding on upbeat US data yesterday. Investors now eye upcoming speeches by US and European monetary policy chiefs, as interest rates are on the agenda. Gold futures for December delivery traded at $1 281.3 per troy ounce, up 0.46%, at 6:18 GMT on the […]
Read moreAugust 21, 2014 2:52 pm
Natural gas futures reversed earlier gains during midday trade in Europe today, as the US posted another bearish reading on natgas inventories. The weekly build was reported well above expectations, and continued the trend of the past few months of significantly larger-than-average builds. On the New York Mercantile Exchange, natural gas futures for settlement in […]
Read moreAugust 21, 2014 12:08 pm
Wheat, corn and soybeans futures all added during midday in Europe today, as traders weighed crop outlooks and supply-side risks. Pro Farmers closely monitored crop assessment tour projected beans and corn yields at even higher rates than the all-time high forecast of the US Department of Agriculture. The four-day tour, organized by agricultural adviser Pro […]
Read moreAugust 21, 2014 8:00 am
Gold prices reached a two-month low during early trade in Europe today, as investors priced in remarks of an earlier rate hike in Feds July minutes, boosting the US dollar. Ongoing conflicts in Ukraine and the Middle East prompted some safe haven bids, partially paring gold losses. Gold futures for December delivery traded at $1 […]
Read moreAugust 20, 2014 2:59 pm
Target Corp., the second-largest discount retailer in the US, posted Q2 earnings today to log robust performance in the US and discouraging data from Canada. Investors acknowledged the steady overall sales growth, and put bets on the new leadership, reversing the pre-market share drop. The Minneapolis-based company reported a 1.7% sales increase on an annual […]
Read moreAugust 20, 2014 1:33 pm
Gold prices remained contained in a very narrow range today, while silver gained, as investors await the detailed report from Feds July meeting. Meanwhile, copper futures added a sizable chunk as traders weighed US housing data. Gold futures for December delivery traded unchanged for the day at $1 296.8 per troy ounce by 13:27 GMT […]
Read moreAugust 20, 2014 12:25 pm
Lowes, the worlds second-top home improvement retailer, posted its earnings report for the second quarter ended August 1 today, revealing robust sales growth. Despite the upbeat operational results, however, the company lowered its full-year sales growth projection, pressuring shares some 3% down in premarket trade. The Mooresville, North Carolina-based company reported $16.59 billion in revenue, […]
Read moreAugust 20, 2014 9:26 am
Wheat, corn and soybeans prices were all in the red during early trade in Europe today, as traders weighed incoming data from a crop-quality assessment tour in the US, the largest grower. According to the Pro Farmer Midwest Crop Tour, soybeans, corn and wheat in the US will all see the largest harvest to date, […]
Read moreAugust 20, 2014 7:24 am
Gold prices were little changed during early trade in Europe today, as traders await minutes from Feds July meeting. The precious metal was pressured lower yesterday, after the US dollar was boosted to an 11-month high by robust economic figures. Conflicts in Ukraine and in the Middle East kept losses in check. Gold futures for […]
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