May 28, 2014 1:41 pm
Gold and silver futures were steady during trade in Europe today. On Tuesday the US posted better-than-expected economic data, which prompted a rally for already high stocks, pressuring havens. Elsewhere, Ukraine remained a hot spot, but support was largely overcome by the economic figures from the US. Meanwhile, copper futures were also stable near a […]
Read moreMay 28, 2014 11:55 am
Natural gas futures added on previous gains during midday in Europe today. Yesterday the blue fuel recorded a sizable growth, supported by speculation of increasing power demand, due to the above-normal temperatures. Weather reports project more relatively warm days to follow through to next week, when a sizable peak is expected. Previously, mild weather and […]
Read moreMay 28, 2014 9:36 am
Wheat and corn futures kept the bearish momentum during early hours in Europe today, after on Tuesday the US Department of Agriculture revealed crops had progressed relatively well, pressuring all grains. Meanwhile, soybeans regained some ground, after it also slipped on the crops report yesterday. Weather reports forecast mostly favorable conditions for planting in the […]
Read moreMay 28, 2014 8:28 am
Gold and silver futures were relatively stable during early trade in Europe today. On Tuesday the US posted better-than-expected economic data, which prompted a rally for already high stocks, pressuring havens. Furthermore, the improving outlooks prompted talk of bigger cuts to the Feds stimulus program, potentially strengthening the dollar. Elsewhere, Ukraine remained a hot spot, […]
Read moreMay 28, 2014 7:19 am
Both WTI and Brent futures added early in Europe today. Yesterday both contracts backed off from monthly highs, amid speculation of growing crude supplies in top-consumer US. Oil has been supported by an improving economic outlook for the US and tensions in Ukraine, which alongside a sharp drop in US inventories last week bumped up […]
Read moreMay 27, 2014 2:11 pm
Gold and silver futures were pressured by generally positive economic data from the US today. Consumer confidence scored the highest figure since 2008, while services PMI and durable goods orders beat forecasts. Elsewhere, fighting intensified in Ukraine on Monday, after on Sunday the Eastern European country held presidential elections. Meanwhile, copper futures remained supported by […]
Read moreMay 27, 2014 1:01 pm
Both WTI and Brent futures were steady today, as investors weighed US data with the conflict in Ukraine, where on Monday deadly fighting for the airport in Donetsk erupted. Durable goods orders in the US for April were reported today, to reveal still growing orders, though at a much slower pace. Later this week more […]
Read moreMay 27, 2014 11:55 am
Grains futures were pressured by easing weather conditions for top-exporter US, ahead of the Department of Agricultures weekly report on crops progress. US exchanges reopened after the three-day weekend today, for wheat and corn to reach multi-month lows, after further drops were recorded last week. Soybeans also traded lower, after logging a sizable gain last […]
Read moreMay 27, 2014 9:17 am
Natural gas futures traded lower during early European hours today, after muted activity on Monday, due to a holiday in the US. Weather reports project more warm days to follow, with some cooler periods later in the week. Previously, mild weather and growing shale production made possible significant gains for US supplies recently, pressuring contracts […]
Read moreMay 27, 2014 8:09 am
Gold and silver futures traded bearishly early in Europe today, ahead of US economic data. Durable goods orders are set for a sizable drop, while the consumer confidence index and services PMI will probably log improvement. Elsewhere, fighting intensified in Ukraine on Monday, after on Sunday the Eastern European country held presidential elections. The winner, […]
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