*Saudi, Venezuela meet ends with few signs of price boost. TOKYO, Feb 8- Crude oil futures rose on Monday in thin trade as many Asian markets were on holiday for Lunar New Year, with few trading cues expected until Federal Reserve Chair Janet Yellen gives testimony to lawmakers later in the week. U.S. crude futures were also up 30 cents at $31.19, after falling 83 cents to...» Read More
SINGAPORE, Feb 3- Oil futures extended losses into a third session in Asian trade on Wednesday, as U.S. crude stocks last week surged to more than half a billion barrels and as Iran plans to boost exports from March. Brent for April delivery had dropped 25 cents to $32.47 a barrel as of 0204 GMT, after settling down $1.52, or 4.4 percent. Prices are going to zig-zag for a...
GASOLINE FUTURES EXTEND LOSSES, DOWN MORE THAN 8 PCT IN POST-SETTLEMENT TRADING AFTER API DATA.
Rick Bensignor of Koyote Capital breaks down the bad signs he's seeing when he looks at market breadth.
Matt Maley of Miller Tabak discusses a potential turnaround in crude oil with Jackie DeAngelis.
CNBC's Jackie DeAngelis and the Futures Now Traders discuss how to play gold as it hits a three month high.
More pain ahead for stocks? CNBC's Jackie DeAngelis and the Futures Now traders forecast the markets next move. Rick Bensignor of Koyote Capital weighs in.
CNBC's Jackie DeAngelis and the Futures Now traders discuss key levels for crude. Matt Maley and Miller Tabak weigh in.
The Futures Now team discusses what's taking oil prices lower Tuesday, with Jim Iuorio, TJM Institutional Services, and Jeff Kilburg, KKM Financial.
Feb 2- U.S. natural gas futures were trading down over 6 percent for a second day in a row early Tuesday on forecasts for warmer than normal weather for the rest of the winter that is expected to keep heating demand light. Front-month gas futures on the New York Mercantile Exchange fell 14.5 cents, or 6.74 percent, to $2.007 per million British thermal units at...
*Egypt cancels tender amid wrangling over import terms. PARIS/ SINGAPORE, Feb 2- U.S. and European wheat futures dipped on Tuesday as ample supplies continued to weigh on sentiment and uncertainty over import policy in top buyer Egypt fuelled export concerns. Chicago Board of Trade most-active wheat was down 0.2 percent at $4.74-1/ 4 a bushel by 1255 GMT, adding to a...
*Oil prices were down about 3 percent as hopes for a deal between OPEC and Russia on output cuts faded with Goldman Sachs saying it was "highly unlikely". *Investors were also concerned about a China- led global economic slowdown and the pace of rate hikes by the U.S. They are pricing in only a 17- percent chance that the Fed will raise rates in March, according to CME...
Part of the global selling in stocks that started in December may be due to oil-related sovereign wealth funds unwinding assets, particularly in the financial space.
SINGAPORE, Feb 2- Chicago wheat futures were largely unchanged on Tuesday, after falling in the previous session with the market facing headwinds from plentiful global supplies and improved crop conditions in top U.S. producing areas. Condition ratings for winter wheat improved during January in Kansas, the top U.S. winter wheat state, but declined elsewhere...
Feb 1- U.S. natural gas futures fell over 6 percent to the lowest level in almost two weeks on Monday on forecasts for warmer weather through the middle of February that should reduce heating demand. After ending up over 5 percent on Friday, front-month gas futures on the New York Mercantile Exchange closed down 14.6 cents, or 6.4 percent, at $2.152 per million...
NEW YORK/ LONDON, Feb 1- Cocoa futures soared 4 percent in heavy volume on Monday, in a corrective rally spurred by crop weather concerns in top grower Ivory Coast and oversold market conditions, causing the New York market to make its biggest jump in 3-1/ 2 years. March New York cocoa settled up $107, or 3.9 percent, at $2,868 per tonne after trading in a wide $131 range,...
NEW YORK HARBOR HEATING OIL FUTURES FALL 5 PERCENT AS CRUDE DROPS.
U.S CRUDE FUTURES FALL 5 PERCENT ON WEAK CHINA ECONOMIC DATA AND FADING PROSPECTS OF OPEC PRODUCTION CUTS- TRADERS.
Feb 1- U.S. natural gas were trading down over 5 percent early Monday on forecasts for warmer weather over the next two weeks that should reduce heating demand. After ending up over 5 percent on Friday, front-month gas futures on the New York Mercantile Exchange fell 12.1 cents, or 5.27 percent, to $2.177 per million British thermal units at 8:35 a.m. EST.
*Weak economic data from China, which showed that the world's second-largest economy's manufacturing sector contracted in January at the fastest pace since 2012, will exacerbate concerns regarding a China- led global slowdown. *Oil prices fell after China data added to worries about demand and an OPEC source played down talk of an emergency meeting to stem...
As a rough January for stocks comes to an end, BMO Private Bank's CIO Jack Ablin sees a few reasons to be optimistic.
Gold prices have surged 9 percent in 2016, but if history is any indication, buying it now could be the ultimate bull trap.
Veteran trader Rick Bensignor says stocks could be in the midst of a major decline comparable to the '09 recession.
BMO Private Bank's CIO sees reasons for optimism in the recent sell-off.
Crude oil futures inched up on Monday in thin trade as many Asian markets were on holiday for Lunar New Year.
Spot gold stepped back on Monday, after a U.S. jobs report cast some doubt over Fed rate hikes and pushed up the dollar.
Japan's storied trading houses face billions of dollars in impairments from an EM downturn and the commodities rout.