May 16, 2014 9:31 am
Natural gas futures lost some of Thursdays gains during early trading in Europe today. Yesterday investors realized stockpiles will need to mark strong gains consistently throughout summer season to replenish pre-winter levels, and the unlikeliness of that happening prompted investors to buy, even with the sizable growth in inventories. Front month natural gas futures, due […]
Read moreMay 16, 2014 8:06 am
Gold futures orbited Thursdays closing price during early European trading today. Yesterday the precious metal slid amid reports of overall improvement for the US economy. Peace talks began in Kiev yesterday, though they seem unlikely to produce an effective resolution since the eastern rebels are not represented. Gold futures for delivery in June traded for […]
Read moreMay 16, 2014 7:23 am
Crude oil futures traded higher during early hours in Europe today, recovering some losses from last sessions retreat. Yesterday contracts lost, as traders had selling in mind, after crude supplies in the US were reported to be near record levels on Wednesday. Peace talks began in Kiev yesterday, though they seem unlikely to produce an […]
Read moreMay 15, 2014 1:42 pm
Precious metals were pressured by a plethora of positive reports by the US today. Additionally, the Eurozone posted some disappointing figures, prompting a retreat for the euro, which further boosted the dollar. Ukraine remained as only firm support. Gold futures for delivery in June traded for $1 295.6 per troy ounce at 13:40 GMT on […]
Read moreMay 15, 2014 12:15 pm
Copper futures traded lower before noon in Europe today, after a weaker euro pared earlier gains on growing GDP in Germany. Yesterday the red metal was boosted by the government voicing support for lenders in China. Later today crucial economic data from the US is due, with CPI and industrial production in focus. Copper futures […]
Read moreMay 15, 2014 9:39 am
Natural gas futures traded lower during early hours in Europe due to expectations of sizable gains in inventories in the US. The government report, due later today, is set to reveal the milder weather last week made possible 99 billion cubic feet in gains. Weather reports for today forecast some impressively cold regions, and some […]
Read moreMay 15, 2014 8:19 am
Gold futures recorded slightly lower price during early trading in Europe today. A major drop due to outlooks of an improving US economy, in addition to drops for the euro, was pared by the simmering conflict in Ukraine. Later today crucial economic data from the US and EU will be reported. Gold futures for delivery […]
Read moreMay 15, 2014 7:27 am
Crude oil futures declined during late Asian and early European trading today, as growing crude oil supplies weighed on investors sentiment. Yesterday US markets read the weekly oil supplies report as bullish, in light of falling gasoline stocks, despite a growth in production, in addition to further drops at Cushing. Ukraine peace talks began in […]
Read moreMay 14, 2014 3:02 pm
Crude oil futures edged higher on the US weekly government report, which revealed drops at Cushing, in addition to declines in gasoline and distillates supplies. Elsewhere, the crisis in Ukraine continues to boil, as more deadly clashes were reported ahead of attempted peace talks. Meanwhile, natural gas futures made slight gains during early trading in […]
Read moreMay 14, 2014 12:56 pm
Precious metals advanced during trade in Europe today, as the crisis in Ukraine kept its firm support for safe-haven assets. With prolonged confrontation seen as almost certain, investors hedged risks, prompting higher demand for gold and silver. Elsewhere, the US reported better-than-expected readings on PPI, stoking confidence in the economy ahead of CPI data tomorrow. […]
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