Articles by: Teodor Dimov
Teodor is a financial news writer and editor at Binary Tribune, covering the dynamics and developments on the global financial markets.

Gold trading outlook: futures drop with US rates in focus

September 28, 2015 11:06 am
Gold trading outlook: futures drop with US rates in focus

Gold fell in early European trading on Monday as investors focused over the timing of a US interest rate hike that Fed officials have suggested could come as early as next month. Gold futures for delivery in December were down 0.65% at $1 138.2 per troy ounce at 07:18 GMT, […]

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Volkswagen share price up, to appoint Porsche boss as new CEO

September 25, 2015 9:50 am
Volkswagen share price up, to appoint Porsche boss as new CEO

The board of scandal-hit German carmaker Volkswagen AG are expected to name today Porsche chief Matthias Müller as the company’s new CEO after the position was vacated on Wednesday. Mr. Müller, who is close to the Piech and Porsche families, will replace Martin Winterkorn who resigned after leading the company […]

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Natural gas trading outlook: futures steady on bearish weather, inventories

8:40 am
Natural gas trading outlook: futures steady on bearish weather, inventories

Natural gas was little changed in early European trading on Friday, holding near a recently hit minimum, as exceptionally comfortable weather across much of the US curbed both cooling and heating demand. A bearish inventory report by the EIA also added to the pressure. Natural gas for delivery in November […]

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Gold trading outlook: futures pare weekly gains on Yellen speech

7:24 am
Gold trading outlook: futures pare weekly gains on Yellen speech

Gold pared sharp overnight gains on Friday, drifting away from a one-month high, as the dollar rallied after Federal Reserve Chair Janet Yellen said the central bank is on track to raise interest rates this year, quelling speculations for a delay into 2016. Gold for delivery in December traded 0.67% […]

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Total share price down, faces two US probes over gas market manipulation

September 24, 2015 9:54 am
Total share price down, faces two US probes over gas market manipulation

French oil major Total SA has come under investigation by two separate US agencies tied to allegedly manipulative trades in the US gas markets and is fully cooperating, it said on Wednesday. News that Total’s trades are being probed by the Commodity Futures Trading Commission, which regulates the trading of […]

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Natural gas futures remain pressured ahead of EIA inventory data

8:37 am
Natural gas futures remain pressured ahead of EIA inventory data

Natural gas extended losses on Thursday as overall market sentiment remained dominated by bearish weather forecasts ahead of a weekly EIA inventory report which is expected to show a triple-digit gain. Natural gas for delivery in November traded 0.45% lower at $2.626 per million British thermal units at 08:06 GMT, […]

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Gold trading outlook: futures rise a second day on safe haven bids

7:22 am
Gold trading outlook: futures rise a second day on safe haven bids

Gold extended overnight gains as softer-than-expected US data and the worst contraction in Chinese manufacturing activity since more than 6 years bolstered its safe haven allure, although gains were capped by expectations for an interest rate hike later this year. Gold futures for delivery in December traded 0.42% higher at […]

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Total share price up, reassures on dividend, slashes expenses targets

September 23, 2015 10:05 am
Total share price up, reassures on dividend, slashes expenses targets

Total SA is deepening its reaction to low crude prices as the French oil major announced on Wednesday a further cut in capital and operating expenses, while pledging to cover the dividend fully paid in cash. Total, which reported a $5.66-billion net loss in 2014, said it would cut capital […]

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Natural gas trading outlook: futures struggle on bearish weather forecasts

8:44 am
Natural gas trading outlook: futures struggle on bearish weather forecasts

Natural gas was slightly up in early European trading on Wednesday but hovered near a recently hit minimum as a bearish mid-term weather outlook spelled low demand for the power source. Natural gas for delivery in November traded 0.15% higher at $2.643 per million British thermal units at 08:29 GMT, […]

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Gold trading outlook: futures pressured by strong dollar

7:20 am
Gold trading outlook: futures pressured by strong dollar

Gold was steady on Wednesday after two days of losses, weighed by a strong dollar, even as downbeat China data rekindled concerns over a global economic slowdown. Gold futures for delivery in December were little changed at $1 125.7 per troy ounce at 06:50 GMT, having shifted in a narrow […]

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