Articles by: Veselin Valchev

Commodities trading outlook: gold, silver and copper futures

Gold and silver futures recovered some losses during midday trade in Europe today, but were still deep in bear ground, after logging multi-month lows earlier. Meanwhile, copper futures were also on the downside as the dollar weighed on industrial metals as well. Gold futures for December delivery on the Comex in New York traded at […] Read more

Commodities trading outlook: crude oil and natural gas futures

WTI and Brent futures turned bullish during midday trade in Europe today, as investors continued sifting US oil inventories data. Meanwhile, natural gas futures were still in red as investors await the weekly EIA storage report. WTI futures for November delivery on the New York Mercantile Exchange traded at $93.07 per barrel at 11:53 GMT […] Read more

Natural gas trading outlook: futures slide ahead of EIA report

Natural gas futures gave back some of Wednesdays gains during early trade in Europe today, as investors eye the weekly US natgas storage build report. Weather patterns remain bearish in the short term, though indications of some cool early in October stoke some early heating hype. Front-month natural gas futures for settlement in October on […] Read more

Gold trading outlook: futures at nine-month low on strong dollar

Gold futures dropped to a fresh nine-month low during early trade in Europe today, as investors brace for more economic data out of the US potentially further boosting the greenback. Continued strikes on IS targets in Syria failed to spur haven demand, as the rising dollar dictates direction and the whole precious metals complex slumps. […] Read more

Crude oil trading outlook: WTI and Brent futures turn lower after rally

WTI and Brent futures slid back into the red during early trade in Europe today, after reversing the downturn late on Wednesday to close in the black, with support by a drop in US crude stocks. Air strikes on ISIS refineries in Syria failed to widen the risk premium, as ample supplies are the theme […] Read more

Crude oil trading outlook: WTI futures rise as US stocks drawn, Brent at 2-year low

WTI futures reversed earlier losses to climb into bull ground after the US reported a significant amount of stockpiled crude was drawn last week, signaling demand could be picking up. Meanwhile, Brent was near a two-year bottom. WTI futures for November delivery on the New York Mercantile Exchange traded at $91.71 per barrel at 14:46 […] Read more

Commodities trading outlook: crude oil and natural gas futures

WTI futures pared back earlier gains, while Brent was pressured deeper in bear territory during midday trade in Europe today, as investors await US inventories data. Meanwhile, natural gas futures were steadily orbiting the previous close. WTI futures for November delivery on the New York Mercantile Exchange traded at $91.55 per barrel at 12:28 GMT […] Read more

Commodities trading outlook: gold, silver and copper futures

Gold and silver futures dipped during midday trade in Europe today, as the dollar gained, supported by worsening sentiment in the Eurozone. Meanwhile, copper futures were steady as investors eye US housing data. Gold futures for December delivery on the Comex in New York traded at $1 220.8 per troy ounce by 11:55 GMT, down […] Read more

Natural gas trading outlook: futures climb ahead of EIA report

Natural gas futures clawed back earlier gains during midday trade in Europe today, as investors eye the US inventories report due Thursday. The log usually spurs a frenzy of trade as big market players tend to act after the report. Front-month natural gas futures for settlement in October on the New York Mercantile Exchange traded […] Read more