Posted by James on November 18, 2015

- Natural gas futures jumped almost 3% on Friday, as forecasts for chilly temperatures across key consumption regions of the U.S. boosted demand expectations for the fuel and triggered a round of short-covering. On the New York Mercantile Exchange, natural gas for delivery in December rose 6.4 cents, or 2.84%, to close the week at $2.321 per million British thermal units. It was the largest one-day gain in almost two months. Updated weather forecasting models released Friday afternoon showed that a cold front will impact the northern U.S. in mid-November.

Posted by James on November 18, 2015

 The pound edged higher against the dollar on Wednesday after data showing that activity in the U.K. service sector rebounded last month, but gains were held in check as the dollar remained firm ahead of Friday’s U.S. jobs report. Markit said the U.K. services purchasing managers index rose to 54.9 in October from September’s 28-month low of 53.3, and ahead of forecasts for a reading of 54.5. GBP/USD hit highs of 1.5445 following the data, up from around 1.5410 earlier.

Posted by James on November 18, 2015

 The dollar remained broadly higher against the other major currencies on Thursday, hovering at a three-month peak despite the release of disappointing U.S. jobless claims data as hopes for a December rate hike in the U.S. continued to support. The dollar was higher against the yen, with USD/JPY up 0.21% at 121.81. The U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending October 31 increased by 16,000 to 276,000 from the previous week’s total of 260,000. Analysts had expected jobless claims to rise by 2,000 to 262,000.

Posted by Jack on November 16, 2015

BELEK, Turkey (Reuters) - Turkish President Tayyip Erdogan urged world leaders on Saturday to prioritize the fight against terrorism as they gathered for a summit in southwestern Turkey, saying the Paris attacks claimed by Islamic State showed the time for words was now over.

The worst bloodshed in France since the end of World War Two cast a pall over preparations for the two-day summit of the Group of 20 major economies that begins on Sunday and is due to be attended by heads of state including U.S. President Barack Obama and Russian President Vladimir Putin.

Posted by Jack on November 15, 2015

Prime Minister David Cameron said on Saturday the threat to Britain remained "severe" after the Paris attacks, as a terminal at a major UK airport was evacuated as a precaution amid heightened security fears.

Cameron did not raise the threat level to its highest "critical" level, which would have meant an attack is expected imminently, after discussing the attacks at an emergency response committee in London.

"The threat is already at 'severe' which means an attack is highly likely and will remain so," he said in a televised address on Saturday.

Posted by editor on November 03, 2015

U.S. natural gas futures tumbled on Monday, as demand for the fuel was likely to remain limited after meteorologists predicted warmer-than-normal temperatures in much of the U.S. in the weeks ahead.
Natural gas for delivery in December on the New York Mercantile Exchange dropped 7.4 cents, or 3.19%, to trade at $2.247 per million British thermal units during U.S. morning hours.
Natural gas prices lost 14.3 cents, or 5.8%, last week, as forecasts pointed to unseasonably warm readings for early November.

Posted by editor on November 03, 2015

By Karolin Schaps
LONDON (Reuters) - Oil prices fell on Monday as weak Chinese economic data fueled concerns about demand slowing there and record-high production in Russia exacerbated the global supply glut.
Brent crude futures (LCOc1), the global benchmark, traded down 50 cents at $49.06 a barrel at 1428 GMT (09:28 a.m. EDT), down 1.1 percent. U.S. futures were trading at $45.98 a barrel, down 60 cents or 1.3 percent on Friday's close.


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