Crude closes above $60. Will the crude rally continue, with CNBC's Bertha Coombs and the Futures Now Traders.» Read More
Supplies from Peru's 4.45 million tonne per annum LNG export plant are handled by Shell, which acquired the asset from Spain's Repsol in 2014.. But Shell in 2014 exported seven cargoes to the United States, paying Peru a royalty based on the U.S. gas futures benchmark, one of the lowest prices in the world. It then re-sold the LNG to be exported to Asia, pocketing a much...
June 2- U.S. stock index futures were slightly lower on Tuesday, tracking European markets, as uncertainty lingered regarding the outcome of Greece's negotiations with creditors. *Greece must repay four loans totaling 1.6 billion euros to the International Monetary Fund this month, starting with a 300 million euro payment on June 5. *The leaders of Germany,...
June 2- Kraft Foods Group Inc and Mondelez International Inc petitioned a judge to dismiss two counts in a case filed by the U.S. Commodity Futures Trading Commission that alleged the companies manipulated wheat prices. The CFTC in April accused Kraft Foods and Mondelez of making massive bets in Chicago's futures markets in late 2011 as part of a plot to drive...
Singularity-CNBC conference kicks off
Matt Zeller, director of market information at INTL FCStone said in a note to clients. Chicago Board of Trade soft red winter wheat for July delivery settled up 16-3/ 4 cents at $4.93-3/ 4 a bushel. K.C. July hard red winter wheat futures were 15-1/ 2 cents higher at $5.14-1/ 4 a bushel and MGEX July spring wheat was 17-1/ 4 cents higher at $5.48 a bushel.
The Futures Now team discusses the impact of currencies on moves in gold.
The argument for including mainland China in MSCI's Emerging Markets Index is a fairly simple one: It is underweighted in global indices.
June 1- U.S. stock index futures were higher on Monday, after closing down the previous week, as investors focused on the bright spots in China's factory activity data and ahead of a string of domestic economic data. *Intel shares were up 0.6 percent at $34.68 in premarket trading on reports that the company was nearing a deal to buy programmable-chip maker Altera.
MELBOURNE, June 1- London copper edged up in thin trade on Monday after sliding 5 percent last month, as a gauge of manufacturing growth in top metals user China showed only a tepid increase in May. *The most-traded August copper contract on the Shanghai Futures Exchange fell 1.1 percent to 43,680 yuan a tonne. *China's official PMI was in line with expectations,...
Military posturing and tough talk by China threatens to become the next geopolitical flashpoint for markets.
*Altera up on report of Intel takeover interest. May 29- U.S. stock futures were largely unchanged, keeping the market on course to open lower on Friday, after data showed that the economy contracted in the first quarter. "Monetary policy from the Fed is forward looking and GDP by definition is a rear view mirror and the important thing now is that it wasn't a big miss,"...
Currency expert Kathy Lien of BK Asset Management explains why the dollar will continue to surge--at least until September.
May 29- U.S. stock index futures were lower on Friday amid worries about Greece's ability to strike a deal with its euro zone partners by Sunday and ahead of U.S. gross domestic product data. *Altera rose 6.2 percent to $49.90 in premarket trading after the New York Post reported that Intel was close to buying the chipmaker for about $15 billion.
LONDON, May 29- Gold steadied off the previous session's 2-1/ 2 week low on Friday, supported by uncertainty over Greece's debt talks, but still under pressure from expectations that a rise in U.S. interest rates may come soon. Spot gold was at $1,188.30 an ounce at 0915 GMT, little changed from late on Thursday, while U.S. gold futures for June delivery were up 30 cents...
SINGAPORE, May 29- Crude futures rose about 1 percent on Friday after American inventories fell for a fourth straight week although prices are set for a weekly drop on a stronger dollar. July Brent crude climbed 51 cents to $63.09 a barrel by 0259 GMT but is set to post losses for a second straight week. Data from the U.S. Energy Information Administration showed on...
MELBOURNE, May 29- London copper was facing its first monthly drop since January on Friday, pressured by ample inventories of refined metal, but prospects that China's stimulus measures would revive demand kept a floor under prices. *The most-traded August copper contract on the Shanghai Futures Exchange was little changed at 44,100 yuan a tonne.
SINGAPORE, May 29- U.S. crude oil prices edged up on Friday after American inventories fell for a fourth straight week and Canadian wildfires knocked out 10 percent of its oil sands output. *Front-month U.S. crude futures were up 43 cents from their last settlement at $58.11 per barrel by 0020 GMT on Friday. *The U.S. Energy Information Administration said crude oil...
Hedge funds are piling into silver. Trading silver now, with CNBC's Jackie DeAngelis and the Futures Now traders.
Time for the greenback to rally? Trading the euro now, with Kathy Lien, BK Asset Management, CNBC's Jackie DeAngelis and the Futures Now Traders.
FX strategist Kathy Lien gives three reasons why the dollar is set to surge, with CNBC's Jackie DeAngelis and the Futures Now Traders.
Behind the bond selloff. The classic indicator that means trouble for stocks. And playing the crude rally. With technician Louise Yamada, CNBC's Bertha Coombs and the Futures Now Traders.
The US 10-year is at 2.2 percent. Trading Treasurys now, with CNBC's Bertha Coombs and the Futures Now traders, Anthony Grisanti from the NYMEX and Scott Nations from the CME.
Crude closes above $60. Will the crude rally continue, with CNBC's Bertha Coombs and the Futures Now Traders.
Shale gas revolution will be "painful for ... the world," with the U.S. possibly the swing producer, the head of BP told CNBC.
NYC subway cops have seen copper thefts before, but last week's heist was particularly brazen.
Oil prices rose Tuesday, driven by a weak dollar, and expectations that U.S. crude supplies fell for a fifth straight week.