August 21, 2013 11:41 am
Grain futures edged higher on Wednesday as corn and soybeans yields were threatened by dry weather but gains are expected to remain limited on high output outlook. On the Chicago Board of Trade, corn futures for delivery in September traded at $4.8675 a bushel at 11:39 GMT, up 0.69% on the day. Prices held in […]
Read moreAugust 21, 2013 8:37 am
Copper fell for a third straight day amid speculations FOMCs July meeting minutes may indicate an earlier-than-expected stimulus tapering may begin in September. Market players also eyed upcoming trade and manufacturing data from world top consumer China. On the Comex division of the New York Mercantile Exchange, copper futures for September delivery fell to $3.312 […]
Read moreAugust 21, 2013 8:04 am
Gold fluctuated on Wednesday and traded mostly lower ahead of the release of FOMCs July meeting minutes, which analysts speculate might indicate deceleration of Feds monetary easing program could start in September. Silver, platinum and palladium also declined. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at […]
Read moreAugust 21, 2013 6:49 am
West Texas Intermediate fell for a third straight day on Wednesday as investors remained cautious ahead of the release of FOMCs July meeting minutes later today. Market players also awaited EIAs weekly crude oil inventories report at 14:30 GMT, which is expected to show inventories have fallen last week. Persisting geopolitical risks in Egypt and […]
Read moreAugust 20, 2013 2:54 pm
Natural gas futures extended gains on Tuesday as weather forecasters continued to predict above-average temperatures in key U.S. consuming areas, thus boosting the power plant fuels demand prospects. On the New York Mercantile Exchange, natural gas for September delivery traded at $3.490 at 14:53 GMT, marking a 0.77% daily advance. Prices held in range between […]
Read moreAugust 20, 2013 1:55 pm
Gold erased earlier daily losses and rose to positive territory as a broadly weaker greenback allowed dollar-denominated commodities to extend positions. Platinum also reversed movement, while silver and palladium trimmed prior losses. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at $1 370.00 per troy ounce at […]
Read moreAugust 20, 2013 9:48 am
Grain futures fell on Tuesday amid record high output forecasts, despite USDAs weekly crop progress report on Monday that showed corn and soybeans condition has worsened last week. Corn retreated from a three-week high, while soybeans eased from the strongest level in four weeks. Wheat fell as well. On the Chicago Board of Trade, corn […]
Read moreAugust 20, 2013 8:45 am
Copper fell for a second day on Tuesday as market players assessed the prospect of Fed reducing its monetary stimulus in the near future with the upcoming release of FOMCs July meeting minutes. Upcoming China manufacturing data fell in focus. On the Comex division of the New York Mercantile Exchange, copper futures for delivery in […]
Read moreAugust 20, 2013 8:09 am
Gold fell for a second day and is headed for its first back-to-back drop in two weeks as market players became wary ahead of the release of FOMCs July meeting minutes on Wednesday, while Mondays two-month high dampened demand. Platinum and palladium fell and silver tumbled more than 2%. On the Comex division of the […]
Read moreAugust 20, 2013 7:13 am
Oil prices fell for a second day after snapping a 6-day winning streak on Monday amid speculations what information tomorrows minutes from FOMCs July meeting will reveal. Losses remained in check on expectations the Energy Information Administration will report on Wednesday that U.S. crude oil reserves have dropped to the lowest since September. Persisting unrest […]
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