Natural gas falls fourth successive day amid milder weather

Source: Bloomberg

Natural gas traded in New York decreased for the fourth straight day on Wednesday amid forecasts showing that weather in the Maryland's area will be higher than average reducing demand for the heating fuel. May Natural gas futures declined by 0.3% to $3.957 per million British thermal units earlier on NYMEX today and it has advanced 18% so far in 2013.


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Wed, 03 Apr 2013 18:32:06 GMT

Sterling appreciates on speculation BoE will refrain from stimulus

The British Pound appreciated on Wednesday rebounding from its weakest level in two weeks amid speculation that the Bank of England will decide not to boost the economy with further stimulus measures usually weakening the currency. The Sterling increased 0.2% to $1.5141 following a drop to its lowest level since March 20 at $1.5076 and it was 84.84 pence per

Wed, 03 Apr 2013 18:10:06 GMT

Silver drops to 8-month low on Wednesday

Silver futures declined on Wednesday falling to the weakest level in eight months amid speculations that industrial consumption will fall and as employment in the world's largest consumer of silver, U.S., expanded at slower-than-forecast rate in March. Silver with May delivery fell 0.6% to $27.08 an ounce after touching its 8-month low at $26.85 earlier on Wednesday.

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