September 29, 2014 8:03 am
Gold futures were trading slightly higher this morning in Europe, as street protests in Hong Kong hurt Asian equities. The US dollar, however, also reached a new four-year peak, maintaining the pressure on gold prices. Gold futures for December delivery on the Comex in New York traded at $1 220.4 per troy ounce by 8:01 […]
Read moreSeptember 29, 2014 7:08 am
WTI and Brent futures retreated during morning trade in Europe today, as a big crude find in Russia and a stronger dollar weighed on contracts. Meanwhile, air strikes on IS failed to scare investors, who now eye US employment data as a leading gauge for economic outlooks. WTI futures for November delivery on the New […]
Read moreSeptember 28, 2014 7:29 am
Gold futures logged a relatively steady week, despite recording a nine-month low. Air strikes in Syria failed to spook the markets, while upbeat economic data in the US boosted the dollar, applying further pressure on the precious metal. Investors now look to key US employment figures next week, as the primary gauge for the strength […]
Read moreSeptember 27, 2014 7:26 am
WTI futures logged sizable gains this week, while Brent fell, closing the gap between the two brands to the least in more than a year. Supportive US economic data buffed WTI while abundant global supplies and a discount of Mid-Eastern risk premium pressured Brent. WTI crude for delivery in November on the New York Mercantile […]
Read moreSeptember 26, 2014 1:34 pm
WTI futures were headed for weekly gains, while Brent was in the red from a week ago, narrowing the gap between the two benchmarks to the least in almost one year. Meanwhile, natural gas futures looked to settle sizable gains this week as early winter hype grabbed investor attention. WTI futures for November delivery on […]
Read moreSeptember 26, 2014 12:49 pm
Gold and silver futures were pressured by robust US data during midday trade in Europe today, with the dollar looking stronger on the back of a 4.1/2-year-high GDP growth. Meanwhile, copper futures were headed for sizable weekly losses. Gold futures for December delivery on the Comex in New York traded at $1 220.2 per troy […]
Read moreSeptember 26, 2014 9:41 am
Natural gas futures edged lower during early trade in Europe today, though still on track to log a sizable weekly increase. Traders looked past comfortable temperatures and the big weekly build reported by the US, to enter bullish positions in advance of a cold Canadian system, due to reach the US next week. Front-month natural […]
Read moreSeptember 26, 2014 8:16 am
Gold futures were on the upside during morning trade in Europe today, adding to moderate gains this week. Despite logging a nine-month low yesterday, the precious metal seems to be holding its ground well against the strongest dollar in four-years. Gold futures for December delivery on the Comex in New York traded at $1 225.7 […]
Read moreSeptember 26, 2014 7:02 am
WTI and Brent futures were little changed during early trade in Europe today, as investors look to US GDP data to steer final moves this week. Ample crude supplies and lackluster demand still rule the markets, though, and a bearish trend for a considerable time seems at hand. WTI futures for November delivery on the […]
Read moreSeptember 25, 2014 2:34 pm
Natural gas futures pared some of the sessions losses during afternoon trade in Europe today, despite a neutral-to-bearish EIA report, which revealed a larger than expected build at US stocks. Front-month natural gas futures for settlement in October on the NYMEX traded at $3.846 per million British thermal units (mBtu) at 14:35 GMT, down 0.90% […]
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