Copper Falls to 2009 Lows on Poor Caixin Manufacturing PMI

Copper, along with other commodities, began the week with a slump. The metal, which is strongly associated with global manufacturing growth, declined to the levels …

Technical Analysis, August 3rd — August 7th

The technical analysis, that includes the indicators’ data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of August 1st, 2015:…

Precious Metals Bounce, Copper & Oil Retain Losses

Precious metals bounced following the previous drop during the current trading session. Copper was not as lucky, retaining its losses. The reason for the bounce …

Gold & Crude Oil Fail to Hold Ground

Both crude oil and gold were demonstrating resilience during the previous trading session but failed to hold ground today. There were several …

Natural Gas Sinks, Precious Metals Erase Losses

Natural gas extended its earlier losses after the release of a supply report from the Energy Information Administration. The data was not bearish strictly …

Metal Market Under Pressure, Crude Oil Avoids Losses

At the start of the current trading session, the metal market was weighed down by concerns about China’s economic growth and prospects for monetary tightening in the United States. China’s …

Oil Gains on EIA Reports, Pays Little Attention to Fed Statement

Crude oil rallied today as the report from the Energy Information Administration showed an unexpected decline of US inventories of crude. The stockpiles were down by 4.2 …

Copper Gains as China’s Stocks Recover, Gold Flat Ahead of Fed

Futures for copper gained today as Chinese stocks rallied following the previous crash. The Shanghai Stock Exchange Composite Index climbed 3.5 …

Natural Gas Bounces After Drop, Gold Trims Gains

Futures for natural gas bounced today after touching the lowest level in two weeks earlier. Traders were attracted to the commodity due to the low prices as well …

Concerns About Oversupply Push WTI Oil Below $48

Crude oil futures declined today, pushing WTI crude below the $48 level, due to persistent concerns about oversupply on the market. The boom in US shale …


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