Commodity futures
At the mid-session in Winnipeg, canola and feed grain futures at the Winnipeg Commodity Exchange (WCE) experienced a mixture of price movements, with canola values rising as a result of low trading volumes and commercial demand below the market. However, the gains were limited by a lack of fresh fundamental
Commodity futures
The Winnipeg Commodity Exchange (WCE) is expected to start Tuesday's session on a mixed note, with carryover selling from Monday's lower close generating some downward price action. However, good commercial demand and a weaker Canadian dollar are seen stimulating buying interest, particularly in canola futures, which
Commodity futures
The US stock market ended Monday with positive gains, despite light trading volumes due to the Easter holiday. The Dow Jones industrial average rose 0.70 percent, the Nasdaq composite index gained 0.61 percent, and the Standard & Poor's 500 index increased 0.52 percent. Energy stocks
Commodity futures
The Chicago Mercantile Exchange's live cattle futures session closed early on April 8, 2004, at 1200 CT (1700 GMT). The session was abbreviated due to the pre-Easter holiday. Market experts had anticipated a 10 to 20 point higher open, with April as the overall favorite following higher prices
Commodity futures
The Winnipeg Commodity Exchange is expected to see early strength in grain and oilseed futures on Tuesday, as the market recovers from Tuesday's losses. Canola futures are predicted to rise by C$2.00 to C$5.00, following gains in CBOT soybeans that traded higher in overnight
Natural gas
As the US experiences a colder-than-normal winter, natural gas futures prices have surged to a record high, leaving traders and analysts scrambling to assess the situation. On the New York Mercantile Exchange, natural gas futures for January delivery skyrocketed 36.4 cents to $2.868 per 1,000 cubic feet,
Natural gas
Natural gas futures prices spiked in thin trading, driven by hot weather and concerns over a tropical storm brewing in the Gulf of Mexico. Traders like George Ellis, a GSC Energy representative, attributed the price increase to biases in the market, often triggered by such factors. Meanwhile, other energy futures
Natural gas
Hot weather and the approach of a tropical storm pushed natural gas futures prices sharply higher in thin trading yesterday. As temperatures in the Midwest and Northeast are forecasted to climb into the 90's, natural gas prices rose in response to anticipated heavy air-conditioner use. The Commodity Research
Petroleum
As thermostats rose across most of the United States, crude, products, and natural gas futures on the New York Mercantile Exchange (Nymex) dropped across the board. The National Weather Service's five-day forecast predicted normal to well-above-normal temperatures for most of the country, leading to a decline in prices
Petroleum
Crude oil prices declined on Friday, after initially breaking through $18/bbl on bullish inventory reports, only to be pared down by weakening gasoline futures. Trading volume was the highest since early December, with about 125,000 contracts changing hands. Industry and government surveys showed a steep 8 million bbl
Financial markets
Copper prices shot up 4 cents to $1.186 a pound on the Commodity Exchange in New York, their steepest one-day gain in over four months, driven by recovering economies in Europe and the United States and a possible Australian smelter strike. The rally lifted the Commodity Research Bureau'
Financial markets
Coffee prices jumped by more than 8 percent yesterday, triggering a broad rebound in commodities, as concerns over drought and a potential Brazilian export tax mounted. The Commodity Research Bureau's index of 21 commodities rose by 1.62 points to 229.88, driven by gains in sugar, lumber,
