Articles by: Teodor Dimov

Natural gas trading outlook: futures steady on active weather

Natural gas was little changed in early European trading on Wednesday as investors weighed overall bearish weather sentiment ahead of tomorrows supposedly near-average inventory build. Natural gas for delivery in October traded 0.22% lower at $2.722 at 08:13 GMT, holding in a narrow daily range of $2.736 – $2.721. The contract tumbled 1.1% to $2.728 […] Read more

Gold trading outlook: futures little changed with eyes on the Fed

Gold remained in a tight weekly range on Wednesday, not far off from Fridays one-month low, as investors remained in waiting mode before the Fed decides at its two-day policy meeting starting today on whether to raise interest rates or wait for later this year. Gold futures for delivery in December traded 0.28% higher at […] Read more

Natural gas trading outlook: futures extend gains on warmer East

Natural gas rose for a fourth day on Tuesday as a mid-week warm-up across the eastern US leads to higher cooling demand, although temperatures are not expected to become high enough to significantly impact inventory builds. Natural gas for delivery in October traded 0.44% higher at $2.770 per million British thermal units at 08:25 GMT, […] Read more

Gold trading outlook: futures steady near 1-month lows ahead of Fed meeting

Gold traded slightly lower in a quiet early session on Tuesday as investors abstained from entering big positions ahead of the Federal Reserves two-day policy meeting. Gold futures for delivery in December traded 0.02% lower at $1 107.5 per troy ounce at 07:02 GMT, shifting in a daily range of $1 108.5 – $1 105.5. […] Read more

Natural gas trading outlook: futures rise on expected warm-up

Natural gas rose in early European trading on Monday as an anticipated warm-up across the eastern US will spur higher natural gas demand compared to last week, but weather sentiment will likely remain skewed to the bearish side. Natural gas for delivery in October traded 0.93% higher at $2.718 per million British thermal units at […] Read more

Gold trading outlook: futures hover near lowest in a month with Fed meeting eyed

Gold rose in early European trading on Monday but held near the lowest in a month as investors remained wary ahead of the Federal Open Market Committees two-day policy meeting starting Wednesday where Fed officials will bring clarity on an awaited interest rate hike. Gold futures for delivery in December traded 0.42% higher at $1 […] Read more

Natural gas futures head for weekly drop on cooler weather outlook

Natural gas slid on Friday, returning to negative weekly territory, as weather forecasts calling for cooler conditions across large portions of the US next week offset a bullish inventory report by the EIA. Natural gas for delivery in October traded 0.81% lower at $2.703 per million British thermal units at 08:21 GMT, shifting in a […] Read more