Commodities Futures

More

  • May 27- U.S. stock index futures were little changed on Friday as cautious investors braced for a speech by Federal Reserve Chair Janet Yellen and the second reading of gross domestic product data for the first quarter. *Yellen is due to speak at an event hosted by Harvard University at 1:15 p.m. ET. *The Fed next meets on June 14-15.

  • *Analysts see oil prices in $40- $50 range. SINGAPORE/ LONDON, May 27- Oil futures fell below $49 on Friday, easing from a seven-month high hit this week, with analysts predicting range-bound markets for the next few months as supply outages slowly help to clear a global glut of crude. Oil pushed through $50 for the first time in around seven months on Thursday after...

  • *New Zealand bourse launches milk futures. WELLINGTON, May 27- Financial exchange operator NZX Ltd on Friday launched New Zealand's first milk futures contract, offering dairy farmers in the country a new tool to manage risk as they grapple with plunging prices. New Zealand and its 10,500 farmer shareholders of the Fonterra Cooperative Group Ltd, the world's...

  • SINGAPORE, May 27- Oil futures fell further in Asian trade on Friday after running into resistance at the $50 a barrel mark, as investors worried higher prices could reactivate shuttered crude output, adding to global oversupply. Oil pushed through $50 for the first time in around seven months on Thursday after supply disruptions from Canadian wildfires and...

  • MELBOURNE, May 27- London copper fell on Friday, dragged lower by expectations that a likely U.S. interest rate rise in the next two months will boost the dollar, although the metal remained on track for its first weekly gain in four. *Shanghai Futures Exchange copper dropped 0.4 percent to 35,700 yuan a tonne. *The People's Bank of China will keep policy slightly...

  • SYDNEY, May 27- U.S. soybeans held steady on Friday but were set for a seventh straight weekly gain- the longest consecutive weekly rally in nearly seven years- due to widespread production losses in Argentina. *The most active soybean futures on the Chicago Board Of Trade up nearly 0.5 percent for the week, the seventh consecutive weekly rise.

  • SINGAPORE, May 27- Oil futures dipped further in early Asian trade on Friday, finding resistance at the $50 a barrel mark as investors worried higher prices could reactivate shuttered crude output, adding to global oversupply. Oil pushed through $50 for the first time in around seven months on Thursday as supply disruptions from Canadian wildfires and attacks...

  • *Loonie touched its strongest since May 18 at C $1.2912. TORONTO, May 26- The Canadian dollar strengthened to a one-week high against its U.S. counterpart on Thursday as oil moved briefly above $50 a barrel, while the market's expectation of future volatility for the currency fell to its lowest in four months. U.S. crude oil futures traded above $50 for the first time...

  • Sentiment driving money back into stocks: Allianz's Hooper

    Sellers are jittery across the board and there’s a desire among investors to find decent returns and get significant yield, according to Allianz’s Global Investors’ Hooper.

  • Stocks to rally up to Fed meeting: Allianz’s Hooper

    One of Allianz Global Investors' top strategists argues a market melt-up is coming, but it may not last as long as you think.

  • *Rain-hit Argentina harvest causes concerns over exports. PARIS/ SINGAPORE, May 26- U.S. soybean and soymeal futures extended gains on Thursday to trade at levels last seen in 2014, as investors continued to fret about the prospect of reduced supply from exporter Argentina after a rain-hit harvest. The Chicago Board of Trade most-active soybean contract were...

  • *Wall Street rose robustly for a second straight session on Wednesday, helped by higher oil prices and investors becoming more comfortable with the prospect of an interest rate hike as early as next month. *Traders are now pricing in a 32 percent chance of a rate hike in June, up from just 4 percent early last week, according to CME Group's FedWatch tool.

  • *U.S. stocks draw, Nigeria unrest ease supply glut fears. LONDON, May 26- Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months as a global supply glut that plagued the market for nearly two years showed signs of easing. Oil prices have rallied in recent weeks as a string of outages, due in part to wildfires in Canada and unrest...

  • *Slim hopes for OPEC intervention decision next week. LONDON, May 26- Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months on signs that a global supply glut is easing, one week ahead of an OPEC meeting. I think speculation ahead of next week's OPEC meeting could keep prices elevated, "said Hans van Cleef, senior energy...

  • *U.S. crude hits new 7- mth high, heads towards $50. *Oil could see a peak at $50- 55- analyst. SINGAPORE, May 26- Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months, boosted after U.S. government figures showed a sharper-than-expected drawdown in crude stocks last week.

  • SYDNEY, May 26- U.S. soybeans retained strong gains from the previous session on Thursday after earlier hitting a 15- day high on concerns over shortfalls in Argentina's oilseed production. *The most active soybean futures on the Chicago Board Of Trade was steady at $10.85 a bushel, having earlier hit a high of $10.88-1/ 4 a bushel- the strongest since May 11 when...

  • May 25- Citigroup Inc has agreed to pay $425 million to resolve civil charges that it tried to manipulate foreign exchange and interest rate benchmarks. In announcing the settlement on Wednesday, the Commodities Futures Trading Commission said Citigroup affiliates also made false reports in connection with ISDAFIX benchmark rates and dollar Libor rates...

  • WINNIPEG, May 25- U.S. soybean futures jumped 3 percent on Wednesday, the biggest gain for the most-active contract in two weeks, boosted by concerns about a possible shortage of soymeal from Argentina. Chicago Board of Trade July soybeans gained 30-3/ 4 cents at $10.85-1/ 2 a bushel, touching a one-week high. "It's all on the meal market," said Bill Gary, president of...

  • Futures Now: Gold on losing streak

    The Futures Now team discusses gold prices with Anthony Grisanti, President of GRZ Energy, and Jim Iuorio, TJM Institutional Services Managing Director and CNBC Contributor.

  • LONDON, May 25- Copper prices rose on Wednesday to their highest level in a week as investors bought futures to close positions betting on price falls, unsure about the short-term market direction due to mixed signals from top metals consumer China. "By and large the price moves we've seen over the last day or so reflect some profit taking on short positions that...

Futures Now

Commodities