July 23, 2014 8:23 am
Gold futures logged shy gains during early hours in Europe today. The precious metal was pressured lower yesterday, as the US posted robust inflation and housing data, supporting stocks and the dollar. Elsewhere, the EU agreed to expand the sanctions against Russia in light of the MH17 incident. Gold futures for settlement in August were […]
Read moreJuly 23, 2014 7:09 am
WTI and Brent futures were losing during early hours in Europe today, as traders await key US inventories readings. Experts suggest US demand might prove sluggish, pressuring crude. Meanwhile, the EU agreed on more sanctions on Russia yesterday, in light of the MH17 incident. WTI for September delivery traded for $101.98 per barrel at 7:07 […]
Read moreJuly 22, 2014 1:55 pm
WTI and Brent futures were losing ground during midday trade in Europe today, ahead of US oil inventories data, Ukraine offering background support. Meanwhile, natural gas futures extended the recent slump, as more cool weather is forecast for top-consumer US. WTI for September delivery on the NYMEX trade for $102.58 per barrel at 13:53 GMT […]
Read moreJuly 22, 2014 1:14 pm
Gold and silver futures climbed during midday trade in Europe today, as the US posted consumer inflation readings, Ukraine offering background support. Meanwhile, copper futures were higher amid bargain hunting, following last weeks slump. Gold futures for delivery in August traded for $1 311.6 per troy ounce at 12:12 GMT on the COMEX in New […]
Read moreJuly 22, 2014 12:17 pm
Natural gas futures were lower during midday trade in Europe today. The blue fuel is orbiting pre-winter prices, extending the downward trend, as cool Canadian blasts continue tracking southwards into the US, bringing temps down and allowing for big natgas stocks gains. Front month natural gas futures, due in August, traded for $3.803 per million […]
Read moreJuly 22, 2014 9:47 am
Wheat, corn and soybeans futures were higher during early trade in Europe today, after sliding to multi-year lows on Monday, with the US weekly crop report boosting production outlooks. Weather patterns project several hot days for the Midwest, with enough showers to keep adequate soil moisture for growing crops. The southern Plains will also see […]
Read moreJuly 22, 2014 8:21 am
Gold futures were lower during early trade in Europe today, as traders eye a key US report on consumer inflation. Meanwhile, EU foreign ministers meet today, to discuss further actions towards Russia, in light of the MH17 incident. Gold futures for delivery in August traded for $1 300.2 per troy ounce at 8:55 GMT on […]
Read moreJuly 22, 2014 7:25 am
WTI and Brent futures were higher during midday trade in Europe today, as traders await key reports on US oil inventories. EU foreign ministers meet today to discuss further actions against Moscow, in light of the MH17 incident. WTI for September delivery on the NYMEX trade for $103.15 per barrel at 7:22 GMT today, up […]
Read moreJuly 20, 2014 5:33 am
Gold futures logged sizable losses this week, amid growing concerns that the Fed will be introduing a rate hike sooner than previously thought. Escalating tensions worldwide pared some of the losses, with Ukraine and Israel seeing more violence. Gold futures for delivery in August closed for $1 309.4 per troy ounce on Friday on the […]
Read moreJuly 19, 2014 6:04 am
WTI futures logged sizable gains this week, while Brent closed on par with last weeks price. A Malaysian airliner was shot down over Ukraine on Thursday, disturbing markets amid fresh sanctions against Russia. Meanwhile, an Israeli offensive in Gaza and US oil inventories draws also supported crude. West Texas Intermediate futures for settlement in August […]
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