Platinum – Bloomberg reported that platinum futures for July delivery declined 1.6% as the global economy continue to improve, cutting the demand for haven assets.
Articles Tagged "new york mercantile exchange"
Palladium – Bloomberg reported that palladium futures for June delivery fell the most since October 23 as the global economic recovery has discouraged asset buying.
Oil – Bloomberg reported that West Texas Intermediate crude gained as US stocks surged after data showed factory orders in the US exceeded forecast, signaling positive economic growth and higher fuel demand.
Platinum – Bloomberg reported that platinum futures slid 1.5%, the lowest since January 4th on Cyprus bank tax concerns.
Palladium – Bloomberg reported that palladium futures slumped 3.9%, the lowest in four months, due to the fight over Cyprus bank tax.
Oil – West Texas Intermediate crude rose to the highest level in almost a month as policy makers indicated flexibility on the application of a new bank tax in Cyprus.
Oil – Bloomberg reported that West Texas Intermediate oil has traded near highest since the first of March and is headed for a second advance in 2 weeks. The Organization of Petroleum Exporting Countries (OPEC) will also increase shipments by 300,000 barrels/day, which totals 23.75 million barrels daily.
Oil – Bloomberg reported that West Texas Intermediate oil shrunk its discount to Brent to lowest level in 7 weeks as it traded near the highest level since the beginning of March.
Oil – Bloomberg reported that crude options volatility fell at 18.22% as futures advanced for the fourth straight day.
Platinum – Bloomberg reported that platinum futures for April delivery went down 1.6%, reaching its lowest level in 6 weeks, on signs that Europe is still struggling to recover from an economic crisis.