September 17, 2014 8:16 am
WTI and Brent futures were lower during early trade in Europe today, after both contracts logged sizable gains on Tuesday on the back of speculation that OPEC, the worlds top crude supplier, will cut output in 2015. Investors now eye EIAs weekly oil report and a number of economic readings. WTI futures for October delivery […]
Read moreSeptember 16, 2014 12:37 pm
Mail.Ru, one of the internet leaders in Russia, announced the acquisition of the 48.01% of dominant Russian social media VKontakte it didnt already own for $1.47bn, settling shareholder disputes and looking to tap into the 92m monthly average user base of VK.com. The move follows almost a year-long confrontation between Mail.Ru and VK.coms now-former minority […]
Read moreSeptember 16, 2014 11:42 am
WTI and Brent futures were still in the red during midday trade in Europe today, as traders await key readings on US oil inventories. Meanwhile, natural gas futures dropped further, as prices correct the excessive Monday rally. WTI futures for October delivery on the New York Mercantile Exchange traded at $92.66 per barrel at 11:36 […]
Read moreSeptember 16, 2014 10:57 am
Gold and silver futures were higher during midday trade in Europe today, as traders adjust positions ahead of a closely monitored Fed meeting, due to announce decisions on Wednesday. Meanwhile, copper futures also gained, ahead of US housing data. Gold futures for December delivery on the Comex in New York traded at $1 240.5 per […]
Read moreSeptember 16, 2014 9:55 am
Natural gas futures were deep in the red during early trade in Europe today, after the market rallied to weather speculation and a pipeline incident on Monday. Weather patterns remain bearish, however, with big inventory builds lined up for several weeks out. Front-month natural gas futures for settlement in October on the New York Mercantile […]
Read moreSeptember 16, 2014 8:57 am
Corn, soybeans and wheat futures were well in bull territory during early trade in Europe today, as investors correct some of the massive slump grains experienced this season. Weather patterns call for milder weather for the Midwest and Northern Plains this week, which would favor both fieldwork and late-developing crops. The frost of late last […]
Read moreSeptember 16, 2014 8:16 am
Gold futures were slightly higher during early trade in Europe today, as investors hold on to big moves ahead of a key Federal Reserve two-day meeting. Gold futures for December delivery on the Comex in New York traded at $1 236.6 per troy ounce by 8:16 GMT, up 0.12%. Prices ranged from $1 232.5 to […]
Read moreSeptember 16, 2014 7:13 am
WTI and Brent futures continued losing during early trade in Europe today, as investors eye upcoming US oil inventories reports. Crude is now more than 17% lower than three months ago, and is pushing multi-year lows. WTI futures for October delivery on the New York Mercantile Exchange traded at $92.68 per barrel at 7:07 GMT […]
Read moreSeptember 15, 2014 2:52 pm
Microsoft Corp, the worlds biggest software maker, announced it has reached an agreement to acquire the “celebrated” Swedish game developer Mojang and its iconic Minecraft franchise for $2.5bn. The move follows vibrant speculation and some outcries by the most loyal of Minecrafts cult following, and is the biggest deal by Microsofts new chief executive since […]
Read moreSeptember 15, 2014 1:33 pm
WTI and Brent futures climbed during midday trade in Europe today, but were still well below the last close, as downbeat data from China lead crude to extend the recent slump. Meanwhile, natural gas futures soared as investors saw heat returning to the US. WTI futures for October delivery on the New York Mercantile Exchange […]
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