Crude, Brent falls as investors wait for U.S. supply data, Fed

Note: This section contains information in English only.
Source: Forexpros

Futures for crude edged lower in European morning hours on Wednesday, as market sentiment was determined by Fed's comments and U.S. crude oil inventory data, which will be announced later today. On the NYMEX, July delivery futures of light sweet crude oil were traded at USD83.59 per barrel, losing 0.45% in European morning trade. August delivery contracts lost 0.5% and reached USD83.94.

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Wed, 20 Jun 2012 12:00:00 GMT

Cable held steady ahead of BoE comments

On Wednesday, the British Pound held steady versus the U.S. Dollar, as traders eyed upcoming comments from the Bank of England. GBP/USD hit the bottom at 1.5774, and consolidated at 1.5729, gaining 0.02% in the European early trading hours. The pair's support was likely to be found at 1.5614, while near-term resistance could be at 1.5756.

Wed, 20 Jun 2012 11:38:03 GMT

Futures for gold rangebound on Fed's policy meeting

Futures for gold were slightly lower in range bound trade on Wednesday in European early hours, as market sentiment was determined by Fed's two-day policy meeting. On the Comex, contracts for August delivery of gold were traded at USD1,618.25 per troy once, slipping 0.30% in early European trade. Support could be found at USD1,559.35, and resistance was likely to be at USD1,642.15.

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