Natural gas falls amid weather report on Wednesday

Source: Bloomberg

Natural gas futures traded on the New York Mercantile Exchange decreased, as a weather forecast showed that demand for the heating fuel might weaken after a winter storm brings temperatures down extremely. April natural gas futures dropped 1,4% to $3.479 per million British thermal units after reaching the highest level since January 23 at $3.529 on March 4.


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Thu, 07 Mar 2013 08:19:04 GMT

Palladium soars amid robust car demand

Precious metals apart from platinum traded higher on Wednesday despite broadly stronger greenback after upbeat US jobs data. The commodity sector found support on talks the ECB and Fed will stick to their loose policies. Gold climbed amid robust physical demand from central banks across the globe and speculation that the ECB and Fed will continue their easing measures. However,

Thu, 07 Mar 2013 11:50:03 GMT

The U.S. Dollar depreciated versus most of its major peers

The U.S. Dollar weakened for a second day versus most of its major counterparts, falling 0.1% to $1.3062 versus the Euro on 7:28 a.m. in London. In New York the Dollar depreciated 0.2% to $1.3052. The greenback decreased by 0.2% versus the Japanese Yen.  The Dollar Index contracted 0.1% to 81.990.

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