September 18, 2014 9:23 am
Natural gas futures pared earlier gains during morning trade in Europe today, ahead of US storage build figures due later today. The blue fuel had rallied some 4% this week, as traders kept eyes on varied and at places extreme US weather. Front-month natural gas futures for settlement in October on the New York Mercantile […]
Read moreSeptember 18, 2014 7:45 am
Gold futures opened Thursdays session for a nine-month low, after the Fed appeared more hawkish after its September meeeting, boosting the dollar to a new 4-year high. Gold futures for December delivery on the Comex in New York traded at $1 223.1 per troy ounce by 7:24 GMT, down 1.04%. Prices ranged from a nine-month […]
Read moreSeptember 18, 2014 6:32 am
WTI and Brent futures were in the red during early trade in Europe today, as investors price in a hefty supply build in the US and a stronger dollar. WTI futures for October delivery on the New York Mercantile Exchange traded at $93.85 per barrel at 6:30 GMT today, down 0.60% for the day, while […]
Read moreSeptember 17, 2014 2:49 pm
WTI and Brent futures slid under pressure from the Energy Information Administration (EIA) weekly oil inventories report, which revealed a sizable increase of crude stocks in the US, with a significant weekly gain for imports. WTI futures for October delivery on the New York Mercantile Exchange traded at $93.94 per barrel at 14:47 GMT today, […]
Read moreSeptember 17, 2014 1:52 pm
Dollar General Corp, the largest discount retailer in the US, last week turned directly to Family Dollar shareholders with an acquisition bid. Now the board of Family Dollar issued a recommendation against the proposed deal, advising shareholders to reject Dollar Generals offer. The move follows a heated exchange of offers, rejections and counter-offers, with the […]
Read moreSeptember 17, 2014 12:36 pm
Gold and silver futures were little changed during midday trade in Europe today, as investors eye Feds announcements later today. Meanwhile, copper futures gave back some of Tuesdays gains, after news of Chinese economic stimulus had prompted a rally for the metal. Gold futures for December delivery on the Comex in New York traded at […]
Read moreSeptember 17, 2014 11:30 am
WTI futures remained pressured in the red during midday trade in Europe today, while Brent shied into bull territory with minor gains on OPEC supply outlooks. Meanwhile, natural gas futures were hovering below $4 as traders wait on EIAs storage figures, due on Thursday. WTI futures for October delivery on the New York Mercantile Exchange […]
Read moreSeptember 17, 2014 11:05 am
Moscow SE has temporarily suspended trading with shares of Sistema, the largest publicly-traded diversified holding company in Russia, after the stock plunged on news of the arrest of Vladimir Evtushenkov, who owns 64.2% of Sistema and is chairman of its board. Mr Evtushenkov was accused of money laundering related to Sistemas acquisition of Bashnesft, an […]
Read moreSeptember 17, 2014 9:50 am
Natural gas futures were pressured during early trade in Europe today, after the the front-month contract failed to break the key $4 resistance. Investors eye US natural gas storage figures due tomorrow, which usually spur frenzied trading. Front-month natural gas futures for settlement in October on the New York Mercantile Exchange traded at $3.975 per […]
Read moreSeptember 17, 2014 8:51 am
Gold futures were little changed during early trade in Europe today, as investors keenly await the conclusion of the Feds key September meeting. Meanwhile, several economic readings are also due, though trade will likely remain muted until the FOMC announcements. Gold futures for December delivery on the Comex in New York traded at $1 236.2 […]
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