August 5, 2014 2:11 pm
Gold futures were slightly lower during midday trade in Europe today, while silver slumped, after the US services sector was reported to be gaining pace. Meanwhile, copper futures fell, after Chinas services were seen as weakening. Gold futures for December settlement traded for $1 286.8 per troy ounce at 14:09 GMT on the COMEX in […]
Read moreAugust 5, 2014 12:53 pm
WTI and Brent futures were slightly lower during midday trade in Europe today, ahead of advanced readings on US oil inventories. Meanwhile, natural gas futures rose, as weather patterns called for rising temps over the US later this week. WTI for September delivery traded for $98.19 per barrel at 12:49 GMT on the NYMEX, down […]
Read moreAugust 5, 2014 11:37 am
Natural gas futures were little changed during midday trade in Europe today. Weather patterns called for below-par temperatures for some highly-populated areas of the US, lowering cooling demand and allowing for a higher natgas inventory build up. Natural gas futures for delivery in September were up 0.08% to trade at $3.837 per million British thermal […]
Read moreAugust 5, 2014 9:25 am
Grains futures were lower during early trade in Europe today, after rallying on Monday, though not before soybeans and corn reached four-year lows. The US posted weekly crops readings yesterday, revealing steady progress, while weather patterns call for some rain over growing areas in the US, easing pressure. Weather forecasts project rainfall for the western […]
Read moreAugust 5, 2014 8:06 am
Gold futures were slightly higher during early trade in Europe today, after equities were hurt by a worse-than-expected Chinese services PMI reading. Investors now eye the ISMs key US services PMI report later today. Gold futures for December settlement traded for $1 292.6 per troy ounce at 8:04 GMT on the COMEX in New York […]
Read moreAugust 5, 2014 7:13 am
WTI and Brent futures were steady during early trade in Europe today, after breaking a losing streak on Monday. Investors await two separate reports on US oil inventories, while positive economic readings could also offer some support. WTI for September delivery traded for $98.42 per barrel at 7:13 GMT on the NYMEX, up 0.04% for […]
Read moreAugust 4, 2014 2:24 pm
WTI and Brent futures were steady near four-month lows during midday trade in Europe today, after sliding on lackluster US gasoline demand last week. Meanwhile, natural gas futures climbed on rising US temps, despite forecasts of further massive builds for inventories. WTI futures for September delivery stood at $97.97 per barrel at 15:02 GMT in […]
Read moreAugust 4, 2014 1:17 pm
HSBC Holdings PLC, Europe’s biggest bank, reported declining profits for the first half of 2014 earlier today. The company highlighted the growing regulatory pressure has made its staff more “risk averse”, eroding earnings in a “risk-managing business”. Revenue for the first half was down 9% on an annual basis to $31.17 billion, while pretax profits […]
Read moreAugust 4, 2014 12:37 pm
Gold futures were on the downbeat during midday trade in Europe today, after closing last week lower, while silver was steady. Meanwhile, copper futures were higher as traders await key imports data from China later this week. Gold futures for December settlement were down 0.27% by 13:33 GMT on the COMEX in New York today, […]
Read moreAugust 4, 2014 9:48 am
Natural gas futures were little changed during early trade in Europe today. Last week saw a massive weekly build for natgas inventories, and another sizable injection is expected in this weeks log as well. Natural gas futures for September were down 0.08% to trade at $3.795 per million British thermal units (mBtu) by 10:37 GMT […]
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