Articles by: Veselin Valchev
Veselin is a financial news writer and editor at Binary Tribune, following the commodities spot and reporting on pricing and tendencies on the futures market.

Gold futures weekly recap, September 29 – October 3

October 5, 2014 6:29 am
Gold futures weekly recap, September 29 – October 3

Gold futures closed the week below the key support at $1 200 for the first time in more than nine months, as upbeat data from the US and a downturn for the euro boosted the dollar, which pressured non-interest bearing precious metals. Gold futures for delivery in December dropped 1.83% […]

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Crude oil weekly recap, September 29 – October 3

October 4, 2014 7:26 am
Crude oil weekly recap, September 29 – October 3

WTI and Brent futures slid this week, pressured by technical liquidation at the end of the quarter, strong dollar and speculation that Saudi Arabia is not looking to support prices. Bearish fundamentals were again the main protagonist in crude’s story, with questionable demand outlooks and firm supply side. WTI crude […]

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Commodities trading outlook: crude oil and natural gas futures

October 3, 2014 12:58 pm
Commodities trading outlook: crude oil and natural gas futures

WTI and Brent futures slid towards multi-year lows during midday trade in Europe today, pressured by the rallying dollar, which was boosted by above-par US payrolls figure. Meanwhile, natural gas futures were to the upside, banking on a cooler pattern set for the US. WTI futures for November delivery on […]

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Commodities trading outlook: gold, silver and copper futures

12:43 pm
Commodities trading outlook: gold, silver and copper futures

Gold dropped below the key support of $1 200 during midday trade in Europe today, though it soon recovered, after the US economy was reported adding much more payrolls in September than expected. Meanwhile, copper futures were steadily orbiting the $3 level. Gold futures for December delivery on the Comex […]

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Natural gas trading outlook: futures rebound to pare weekly losses

9:34 am
Natural gas trading outlook: futures rebound to pare weekly losses

Natural gas futures were climbing during early trade in Europe today, as the market rebounds after the slump of the previous two sessions. Traders eye the ominous cold pattern, set to lower temps for the northern US by some 20 degrees into mid-October. Front-month natural gas futures for settlement in […]

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Gold trading outlook: futures grind lower ahead of US payrolls

7:24 am
Gold trading outlook: futures grind lower ahead of US payrolls

Gold futures were hovering dangerously near the key level of $1 200 during morning trade in Europe today, as investors eye US nonfarm payrolls figures later today. SPDR assets continued to dwindle as the whole precious metals complex retreats. Gold futures for December delivery on the Comex in New York […]

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Crude oil trading outlook: WTI, Brent futures climb ahead of US payrolls

6:42 am
Crude oil trading outlook: WTI, Brent futures climb ahead of US payrolls

WTI and Brent futures were to the upside during morning trade in Europe today, as investors eye the key US nonfarm payrolls figure later today. Crude was looking for another massive loss late yesterday, but buying emerged at lows, reversing much of the slump. WTI futures for November delivery on […]

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Natural gas trading outlook: futures slide on bearish EIA report

October 2, 2014 2:42 pm
Natural gas trading outlook: futures slide on bearish EIA report

Natural gas futures extended earlier losses during midday trade in Europe today, as the US reported a massive build of natural gas held in storage, indicating stocks will be well-replenished ahead of winter heating season. Front-month natural gas futures for settlement in November on the NYMEX traded at $3.930 per […]

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Commodities trading outlook: gold, silver and copper futures

1:42 pm
Commodities trading outlook: gold, silver and copper futures

Gold and silver futures were still lower during midday trade in Europe today, as investors were sifting through ECB data and speculation, while holding big moves for after US payrolls on Friday. Meanwhile, copper futures were also losing, with US data eyed. Gold futures for December delivery on the Comex […]

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Commodities trading outlook: crude oil futures extend slump, natural gas steady

12:41 pm
Commodities trading outlook: crude oil futures extend slump, natural gas steady

WTI and Brent futures were deep in bear ground during midday trade in Europe today, as investors cut losses, helping crude reach multi-year lows. Meanwhile, natural gas futures were little changed as traders eye US storage figures. WTI futures for November delivery on the New York Mercantile Exchange traded at […]

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