Speculators in four major NYMEX and ICE markets reduced their bearish bets by 2,609 contracts to 88,939 in the week to July 26, the U.S. Commodity Futures Trading Commission said on Friday. Gas futures on the NYMEX averaged $2.72 per million British thermal units during the five trading days ended July 26 versus $2.73 during the five trading days ended July 19. » Read More
Former U.S. Representative Ron Paul discusses the possibility of a September rate hike from the Federal Reserve and what’s keeping the fed from giving out a clear message with CNBC’s Jackie DeAngelis and the Futures Now traders.
Former U.S. Representative Ron Paul discusses with CNBC’s Jackie DeAngelis about how this election is about picking the worst candidate, and that leaves voters at a loss.
Former U.S. Representative Ron Paul discusses how a Trump or Clinton presidency will impact the U.S. economy with CNBC’s Jackie DeAngelis.
Oil giants ExxonMobil and Chevron took some major hits in Q2, but here's what happens next.
*Iran's crude oil exports to Asia surge. LONDON, July 29- Oil prices fell to their lowest levels since April on Friday, with Brent on track for its biggest monthly loss since December 2015, pressured by slowing economic growth that threatened to increase a supply overhang of crude and refined products. Brent crude oil futures were trading at $42.20 by 1322 GMT, down...
*Soybeans face 16 pct monthly slump as weather fears ease. SYDNEY/ PARIS, July 29- U.S. soybeans fell on Friday, poised for its biggest one-month fall in more than two years as fears ease over potential yield losses due to unfavourable weather. The most active soybean futures on the Chicago Board Of Trade lost 0.7 percent, falling to $9.71 a bushel after rising to...
*However, futures were pressured by a 1 percent fall in oil prices, with Brent crude touching the $40 mark over worries of oversupply. *Wall Street managed to eke some gains at the close on Thursday, after strong earnings from Alphabet and Amazon.com helped lift spirits that were dampened after Ford's abysmal numbers and forecast. Amazon.com was up 1.5 percent at...
*Iran's crude oil exports to Asia surge. LONDON, July 29- Oil prices fell to their lowest levels since April on Friday, with on Brent track for its biggest monthly loss since December 2015, pressured by slowing economic growth that threatened to increase a supply overhang of crude and refined products. Brent crude oil futures were trading at $41.89 by 0908 GMT, down...
China CSI300 stock index futures for August were flat at 3,193.6, 24.18 points below the current value of the underlying index and suggesting investors are expecting further losses. Among other moves, China is considering rules to restrict investments by small banks in the $3.5 trillion wealth management product industry, draft rules seen by Reuters...
SYDNEY, July 29- U.S. soybeans edged higher on Friday, but the oilseed was poised for its biggest one-month fall in more than two years as fears of potential yield losses amid unfavorable weather ease. The most active soybean futures on the Chicago Board Of Trade rose 0.2 percent to $9.80 a bushel after closing down 0.8 percent on Thursday. "The supply concerns of the...
SINGAPORE, July 29- Oil prices on Friday remained around April lows as slowing economic growth threatened to worsen ongoing oversupply of crude and refined products. International Brent crude oil futures were trading at $42.78 at 0127 GMT, up 8 cents from their previous close. West Texas Intermediate crude was at $41.16, up 2 cents.
CBOT December corn futures eased 5-1/ 4 cents to $3.37-3/ 4 per bushel, heading for their largest daily losses since July 19. CBOT November soybeans were down 10 cents to $9.76 as of 1:02 p.m. CDT, declining after rising the past two sessions. "The export sales were a little disappointing," said Ted Seifried, analyst at brokerage the Zaner Group.
Can gold keep its luster? CNBC's Jackie DeAngelis and the Futures Now Traders pull a page from their metals playbook to reveal a golden trade that targets the precious metal at $1,379.
Tom Kloza has a play on oil's next move as crude price head lower, and Ron Paul sees headwinds ahead for the U.S. Also CNBC's Jackie DeAngelis and the Futures Now traders take a trade from their metals playbook that restores luster to the gold play.
Is crude now undervalued? Tom Kloza of Oil Price Information Service is looking at key levels for oil and doesn't expect prices to stay low for long. And CNBC's Jackie DeAngelis and the Futures Now traders have a money-making play that targets oil at $44.
The Futures Now traders Jeff Kilburg, KKM Financial, and Brian Sutland, Equity Armor Investments, provide their play on gold's next move.
We're at the halfway mark for earnings, with more than half of the S&P 500 reporting as of this morning. Bob Pisani brings you the good news, so far.
GASOLINE FUTURES EXTEND GAINS AFTER REUTERS REPORTS PES UNEXPECTEDLY SHUT LARGEST GASOLINE MAKING UNIT ON WED.
PARIS/ SYDNEY, July 28- Chicago soybean futures turned lower during European trading on Thursday after weaker than expected weekly U.S. exports and as traders set concerns about dryness in the U.S. The most active soybean futures contract on the Chicago Board of Trade was down 0.3 percent to $9.98-1/ 4 a bushel at the end of the overnight session at 1245 GMT.
For robusta, usually blended with higher quality arabica beans or used in instant coffees, the survey was particularly dramatic as El Nino-related dryness in southeast Asia and drought in Brazil damaged crops and drained supplies, traders said. Robusta coffee futures were forecast to rise to as high as $1,900 per tonne by the end of September and $1,985 by the...
Analysts say there is still more pain ahead for energy stocks, after Exxon Mobil and Chevron posted dismal quarterly results.
A new decree "effectively amounts to forced labor" in an attempt to address food shortages, says Amnesty International.
Chevron posted a loss for the second quarter as it reported $2.8 billion in impairments, surprising the Street.