May 21, 2014 12:15 pm
Grains were relatively steady during pre-noon trade in Europe today. Yesterday, wheat and corn dropped as weather over the US was forecast to be favorable for crops. Soybeans gained on tight supplies worldwide. Heat and drought concerns over Russia and Kazakhstan offered some support for wheat. Weather reports for Europe project a very hot and […]
Read moreMay 21, 2014 9:47 am
Natural gas futures orbited Tuesdays closing price during early trading in Europe today. Over the past two days the blue fuel recorded sizable gains, as the warm weather over the US is expected to bump up power demand. Meanwhile, the relatively high temperatures are forecast to extend their stay through the weekend, and to rise […]
Read moreMay 21, 2014 8:30 am
Precious metals were steady during early trading in Europe today, ahead of Feds minutes release. Assets at the SPDR dropped to a five-year low on Tuesday. Elsewhere, Ukraine saw further confrontations on Tuesday, when the country’s richest man urged for peace and unity ahead of the presidential election on May 25. Gold futures for delivery […]
Read moreMay 21, 2014 7:05 am
Crude oil futures added on gains since yesterday during early trading hours in Europe today. Tuesdays American Petroleum Institute report on oil inventories in the US suggested crude stocks had declined by more than 10 million barrels. The official government report is due later today. Elsewhere, Ukraine saw further confrontations on Tuesday, when the countrys […]
Read moreMay 20, 2014 1:40 pm
Crude oil futures were steady, as investors weighed forecasts of growing supplies in the US with geopolitical risks, stemming from Europe and Libya. The presidential election in Ukraine on May 25 will be in focus this week. Meanwhile, natural gas futures reversed earlier losses, ahead of the weekly inventories report on Thursday. Weather reports predict […]
Read moreMay 20, 2014 12:55 pm
Precious metals were pressured by a bearish report on worldwide gold demand, released earlier today. Paring negative sentiment to some extent, the crisis in Ukraine continues to be in focus, as the presidential election there draws near. Meanwhile, copper futures dropped today, after reaching a three-month high on Monday, with support from the Chinese government […]
Read moreMay 20, 2014 11:35 am
Natural gas futures traded lower before noon in Europe today. Weather reports project a normal week for top-consumer US, in terms of temperatures, with a sizable warming next week. Stockpiles in the US were reported to have increased last week, but remain almost a trillion cubic feet below last year’s figures. Front month natural gas […]
Read moreMay 20, 2014 10:00 am
Grain futures traded higher during early trading in Europe today. Wheat advanced on reported worsening crop conditions in the US. Soybeans exports recorded a sizable growth, supporting the contract. Weather conditions will be generally good for crops, with plenty of sun in most areas, and some much needed rains in others. Weather reports for the […]
Read moreMay 20, 2014 8:32 am
Precious metals were pressured by a report on gold demand during early trading in Europe today. The report revealed lowering physical demand for the yellow metal for the first quarter of 2014. Elsewhere, US stocks gained on Monday, adding to Fridays rally. Paring bearish sentiment to some extent, the crisis in Eastern Europe continues to […]
Read moreMay 20, 2014 7:16 am
Crude oil futures traded slightly higher during early European hours, as investors eye every negative development in Ukraine, ahead of the presidential election on May 25. Libya is also supportive for prices, as the confrontation there is also entering a bloody phase, with a civil war looming on the horizon. Elsewhere, US supplies forecasts are […]
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