May 27, 2014 7:21 am
WTI futures were steady during early trade in Europe today, while Brent gained with support from the conflict in Ukraine. Fighting intensified on Monday, after on Sunday the Eastern European country held presidential elections, in a bid to restore stability and unity to a divided nation. Elsewhere, a number of important economic figures for the […]
Read moreMay 26, 2014 12:32 pm
WTI and Brent futures were pressured during midday in Europe, with only muted trade, due to a holiday in the US and UK. Ukraine held presidential elections on Sunday, and the winner is almost certain to be confectionery billionaire Petro Poroshenko. Elsewhere, a number of important economic figures for top-consumer US will be reported this […]
Read moreMay 26, 2014 11:40 am
Gold and silver futures price levels were little changed till midday in Europe today, with muted activity due to a holiday in the US and UK. Ukraine held presidential elections on Sunday, and the winner is almost certain to be confectionery billionaire Petro Poroshenko. Elsewhere, a number of important economic figures for the US will […]
Read moreMay 26, 2014 9:17 am
Natural gas futures were relatively stable during early hours in Europe today. The US mark Memorial day, which is a holiday, and it severely hampered activity on the markets. 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 […]
Read moreMay 26, 2014 8:12 am
Gold and silver futures price levels were unchanged during early hours in Europe today, with the US and UK in holiday, limiting activity. Ukraine held presidential elections on Sunday, and the winner is almost certain to be confectionery billionaire Petro Poroshenko. The vote was boycotted by the eastern breakaway regions, but Ukrainian and western officials […]
Read moreMay 26, 2014 7:17 am
WTI and Brent futures traded lower during early hours in Europe today, with the US and UK in holiday, limiting activity. Ukraine held presidential elections on Sunday, and the winner is almost certain to be confectionery billionaire Petro Poroshenko. The vote was boycotted by the eastern breakaway regions, but Ukrainian and western officials were hopeful […]
Read moreMay 25, 2014 8:18 am
WTI and Brent futures recorded sizable gains this week. Contracts drew foremost support from the big drop in US crude oil stockpiles, while further confidence was gained through a number of positive reports from top-consumers US and China. On a different note, developments in Ukraine and Libya kept fears over supplies very real, maintaining a […]
Read moreMay 24, 2014 8:56 am
Gold and silver futures traded in a very tight range this week, though a rally for US stocks and a sharp decline in assets at the SPDR signal more bearish times to come for precious metals. Ukraine is heading to a presidential election tomorrow, and all eyes will be on it and its results. Kiev […]
Read moreMay 23, 2014 1:11 pm
WTI and Brent futures gained ahead of the longer US weekend. Falling US supplies are still the major force supporting crude contracts. Improving sentiment for China and the EU, alongside mixed economic data from the US were unable to further elevate oil, after it reached “preposterously high” levels. Meanwhile, natural gas futures were set for […]
Read moreMay 23, 2014 11:38 am
Gold and silver were pressured by a strong dollar ahead of a longer US weekend, after Germany posted business climate readings for May. Previously, mixed US data was not enough to impact precious metals. Stocks continued to advance, and assets at the SPDR remained at a multi-year low. Meanwhile, copper futures climbed, as tight supplies […]
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