July 24, 2014 2:41 pm
WTI and Brent futures were slightly lower during midday trade in Europe today, after gaining on the US oil report on Wednesday. Meanwhile, natural gas futures climbed, despite the US posting another massive weekly build for stocks. WTI for September delivery stood at $102.94 per barrel at 14:23 GMT in New York today, down 0.17%. […]
Read moreJuly 24, 2014 1:08 pm
Detroit-based General Motors Co. posted second-quarter figures today, revealing profit suffered from recall costs, despite limited gains in revenue. The company announced on Wednesday it would recall some 700 000 more vehicles in the US. GM’s revenue climbed to $39.6 billion from $39.1 billion a year ago, while net income was logged at $190 million, […]
Read moreJuly 24, 2014 11:44 am
Gold and silver futures steadied at lower levels during midday trade in Europe today, ahead of several US economic reports. Stocks and the dollar advanced on Wednesday. Meanwhile, copper futures surged, boosted by positive readings for top-consumer China. Gold futures for delivery in August stood at $1 300.5 per troy ounce at 11:41 GMT in […]
Read moreJuly 24, 2014 9:09 am
Natural gas futures were slightly higher during early trade in Europe today, as investors await the weekly US nat gas storage report. Analysts project another massive injection, but caution of extremely oversold prices. Front month natural gas futures, due in August, traded at $3.766 per million British thermal units (mBtu) at 9:07 GMT in New […]
Read moreJuly 24, 2014 8:18 am
Gold futures were lower and losing during early trade in Europe today, after US stocks rallied on Wednesday, drawing investments away from havens. Elsewhere, the EU is expected to unveil its expanded sanctions list today. Gold futures for delivery in August stood at $1 297.9 per troy ounce at 8:19 GMT in New York today, […]
Read moreJuly 24, 2014 7:02 am
WTI and Brent futures were slightly lower and losing during early trade in Europe today. The US posted oil inventories figures yesterday, revealing another draw for crude and a drop for supplies at Cushing. Elsewhere, the EU is expected to post its expanded list of sanctioned Russian individuals and companies today. WTI for September delivery […]
Read moreJuly 23, 2014 2:43 pm
WTI and Brent futures were slightly higher during midday trade in Europe today, as the US posted weekly oil inventories readings. Meanwhile, natural gas futures orbited eight-month lows, ahead of the EIA weekly nat gas report on Thursday. WTI for September delivery traded at $102.59 per barrel at 14:39 GMT in New York today, up […]
Read moreJuly 23, 2014 1:27 pm
Deutsche Bank AG became the latest foreign bank to come under scrutiny in the US, after a letter from December emerged, showing the New York Fed expressed concern with the banks regulatory reporting. “The size and breadth of errors strongly suggest that the firm’s entire U.S. regulatory reporting structure requires wide-ranging remedial action,” Daniel Muccia, […]
Read moreJuly 23, 2014 11:50 am
Gold and silver futures were steady during midday trade in Europe today. The US posted some encouraging data yesterday, boosting stocks and the dollar. Meanwhile, copper futures were steady ahead of a key report from China. Gold futures for settlement in August were up 0.09% at $1 307.5 per troy ounce by 11:46 GMT in […]
Read moreJuly 23, 2014 9:56 am
Natural gas futures were climbing during early trade in Europe today, though still near an eight-month low. The blue fuel has lost some 9% since last week, as weather over top-consumer US cooled, limiting power demand and allowing for substantial build up in stockpiles. Front month natural gas futures, due in August, traded for $3.783 […]
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