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Futures Market News - July 2012
- Euro drops during morning trading : [2012 Jul 30 01:46 PM] The shared currency of the European Union fell during trading on Monday, as the euro continued its streak of volatility due to persisting worries on the part of investors about the European Central Bank (ECB). Read more
- Gold futures remain above $1,600 per troy ounce threshold: [2012 Jul 27 09:16 AM] Gold futures were on the rise on Friday, hovering about the highest price in 21 days as the world's reserve currency lost some value against the shared currency of the European Union. Read more
- Gold futures propelled higher by ECB leader's remarks supporting euro: [2012 Jul 26 12:47 PM] Gold futures pushed well higher than $1,600 per troy ounce on Thursday and notched its top gains in about three weeks of trading in the aftermath of the president of the European Central Bank making strong comments endorsing the common currency of the European Union. Read more
- Canadian dollar benefits from economic developments: [2012 Jul 25 12:14 PM] Wednesday saw the value of the Canadian dollar climb as conjecture about central bank intervention to boost economies gained momentum. Read more
- Euro gains against greenback, yen: [2012 Jul 25 12:12 PM] Rationale for licensing the European rescue fund for banking purposes helped push up the value of the shared currency of the European Union gained against the world's reserve currency and the Japanese yen on Wednesday. Read more
- Corn futures gain as slight rain forecast for grain belt: [2012 Jul 25 12:11 PM] Minimal rain might come to parts of Indiana and Ohio on Wednesday and Thursday, but that slight amount of rain is unlikely to reverse crop losses. Read more
- Copper futures benefit from uplifting Chinese manufacturing data: [2012 Jul 24 02:56 PM] Copper futures were bouncing back on Tuesday, propelled by strong economic data coming from the globe's top consumer of the reddish metal. Read more
- Euro drops as concerns grow for Spain, Italy: [2012 Jul 24 11:20 AM] The value of the shared currency of the European Union dropped for a fifth consecutive day Tuesday against the Japanese yen as concerns grow for the financial well being of Spain and Italy. Read more
- Corn crops in Midwest, Southern Europe endure drought conditions: [2012 Jul 24 11:19 AM] Cornfields on either side of the Atlantic Ocean are being baked, further endangering the crop and its production. Read more
- Aussie, Kiwi suffer from mushrooming crisis in Spain: [2012 Jul 23 02:39 PM] South Pacific dollars were driving lower in value on Monday, marking the second consecutive session of drops as the severity of the sovereign debt crisis deepens. Read more
- Copper futures plunge to three-week lows: [2012 Jul 23 11:28 AM] Copper futures scraped their lowest price in 21 days on Monday, pulled down by a poor performance by the shared currency of the European Union. Read more
- Gold futures drop as Spanish concerns grow: [2012 Jul 23 11:24 AM] Gold futures were dropping on Monday as worries about the deepening sovereign debt crisis pulled down the shared currency of the European Union. Read more
- Euro falls to two-plus-year low against greenback: [2012 Jul 23 11:21 AM] The value of the shared currency of the European Union sank to its lowest in more than 24 months against the world's reserve currency on Monday. Read more
- Loonie falls against dollar, gains against euro: [2012 Jul 23 11:18 AM] Monday saw the Canadian dollar lose value against the world's reserve currency as concerns for the sovereign debt crisis and Spain grew more profound. Read more
- Copper futures drop as dollar gains: [2012 Jul 20 11:45 AM] The emboldened U.S. dollar pulled down the price of copper futures on Friday. Read more
- Gold futures slip as dollar gains: [2012 Jul 20 11:43 AM] Gold futures were driving down on Friday as reduced demand for the yellowish metal kept its price below the milestone value of $1,600 per troy ounce. Read more
- Euro slips against dollar, yen: [2012 Jul 20 11:42 AM] The value of the shared currency of the European Union drove toward its lowest level against the Japanese yen since 2000. Read more
- Wheat futures advance as U.S., Russia, Australia endure parched lands: [2012 Jul 20 11:40 AM] Inclement weather pushed wheat futures to their highest price in nearly 48 months on Friday. Read more
- Soybean futures achieve record highs as drought shows no signs of letting up: [2012 Jul 20 11:39 AM] The worst drought in at least five decades pushed soybean futures to record highs on Friday. Read more
- Asian monetary units climb as Chinese, U.S. central banks forecast to intervene: [2012 Jul 19 11:50 AM] Conjecture about the central banks of the globe's two largest economies employing measures to spur those economies benefited monetary units of Asia on Thursday. Read more
- Midwest drought drives up soybean, wheat, corn: [2012 Jul 19 11:48 AM] Preoccupations about an extended drought in the U.S. Midwest helped drive soybean futures to their highest price in four years on Thursday. Read more
- Dollar's dive drives up bullion: [2012 Jul 19 11:47 AM] Gold futures gained on Thursday as the yellowish metal benefited from the U.S. dollar losing value. Read more
- Euro slips against dollar as Spain's banks continue suffering: [2012 Jul 19 11:45 AM] The German minister of finance pinned liability for European assistance on the nation's banks on Thursday, which helped pull down the value of the shared currency of the European Union against the world's reserve currency. Read more
- Copper futures gain for second consecutive day: [2012 Jul 19 11:43 AM] Copper futures pushed beyond two-week highs on Thursday as the U.S. dollar slipped. Read more
- Exploratory firm pulls silver bars from ship sunk during WWII: [2012 Jul 18 04:01 PM] A deep-sea exploratory firm said it pulled up 48 tons of silver from an Atlantic shipwreck that occurred during the Second World War. Read more
- Copper supplies drop as demand rises: [2012 Jul 18 04:00 PM] Copper surpluses are being slashed as manufacturers of the industrial metal are working on increased demand while mines age and labor strikes manifest. Read more
- Gold futures monitor euro's losses: [2012 Jul 18 03:59 PM] Gold futures tracked the downward drive of the shared currency of the European Union on Wednesday, which fell after the leader of the nation hosting the euro zone's largest economy articulated doubts about the European project. Read more
- Singapore dollar climbs despite Fed chief's bleak assessment: [2012 Jul 18 03:57 PM] Wednesday saw the Singapore dollar climb in value as the monetary units of China and Malaysia also advanced. Read more
- Euro slips after German leader's less-than-bright remark: [2012 Jul 18 03:55 PM] A skeptical remark by the leader of the largest euro zone economy pulled down the value of the common currency of the European Union on Wednesday. Read more
- Gold futures slip as Bernanke stops short of employing stimulus measure: [2012 Jul 17 02:53 PM] Tuesday testimony of U.S. Federal Reserve chair Ben Bernanke helped pull down the price of gold futures as the chief stopped short of committing to intervene, which emboldened the U.S. dollar. Read more
- Dollar gets boost from Bernanke testimony: [2012 Jul 17 02:50 PM] Central bank chair Ben Bernanke told a U.S. senate committee on Tuesday that the bank is prepared to intervene and help spur the globe's largest economy, but after he did not commit to any measures the world's reserve currency gained in value. Read more
- Copper futures hinge on Bernanke testimony: [2012 Jul 17 11:28 AM] Copper futures were increasing on Tuesday as the U.S.' top banker took his seat before congress on Capitol Hill as investors anticipated some sort of indication about economy-spurring measures. Read more
- Euro gains as testimony of Bernanke set to start: [2012 Jul 17 11:24 AM] Tuesday saw the value of the common currency of the European Union gain against the world's reserve currency as speculation mounted about the U.S. Fed chief alluding to monetary stimulus during two days of congressional testimony beginning Tuesday. Read more
- Loonie barrels to top value in two weeks against dollar: [2012 Jul 17 11:21 AM] Tuesday saw the Canadian dollar push to its highest value in two weeks against its southerly rival as policy makers with the central bank of the northern nation convene to discuss interest rates. Read more
- Corn futures soar as scorched Midwest forecast for more sun, minimal rain: [2012 Jul 16 03:55 PM] The likelihood of inclement weather continuing in the Midwest helped push corn futures to their highest price since September of last year. Read more
- Copper futures slide as economic concerns remain: [2012 Jul 16 03:54 PM] The slowing pace of retail sales in the U.S., concerns about the debt crisis in Europe and anticipation for the congressional testimony of the U.S.' top banker helped pull down the price of copper futures on Monday. Read more
- Swiss franc sinks toward dollar parity: [2012 Jul 16 11:26 AM] The monetary unit of Switzerland is growing weaker against the world's reserve currency and is driving toward parity, two investment houses' analysts said. Read more
- Gold futures decline as euro debt scourge continues: [2012 Jul 16 11:25 AM] Gold futures tracked the downward drive of the shared currency of the European Union on Monday as stock markets also were tightened. Read more
- Loonie pushes to record high against the euro: [2012 Jul 16 11:22 AM] Monday saw the monetary unit of Canada push to its highest value ever against the common currency of the European Union, driven by the belief that euro zone policy makers have not done enough to rein in the damaging tendencies caused by the euro debt crisis. Read more
- Gold futures end week with surge: [2012 Jul 13 04:57 PM] Conjecture about the nation hosting the globe's second largest economic system needing to address hiccups with growth and development by implementing stimulus techniques drove up the price of gold futures on Friday. Read more
- Loonie benefits from Chinese economic slowdown: [2012 Jul 13 04:42 PM] Friday saw the value of the Canadian dollar drive to its highest level in one week against its southerly rival, tracking the upward tick of commodities and global equities. Read more
- Strengthening domestic economy persuaded Japan from increasing monetary stimulus: [2012 Jul 13 12:40 PM] Indications of fortitude within Japan's economy trumped perils presented by the sovereign debt crisis tearing through the euro zone and prompted the Pacific Rim nation's central bank to decline widening monetary stimulus. Read more
- Copper futures slide as economic concerns grow: [2012 Jul 12 02:04 PM] Copper futures fell on Thursday in anticipation of concerning economic data set to be released by China, the globe's top consumer of the industrial metal. Read more
- Gold futures fall as Fed minutes from June benefit dollar: [2012 Jul 12 11:19 AM] Gold futures were slipping on Thursday in the aftermath of the U.S. Federal Reserve indicating last month that no new tranche of monetary easing is scheduled in the near term. Read more
- Euro drops to lowest rate against dollar since mid-2010: [2012 Jul 12 11:18 AM] Thursday saw the 17-nation shared currency fall to its lowest value since the middle of 2010 against the world's reserve currency. Read more
- Canadian dollar wanes as global economic data indicates reduced pace of development: [2012 Jul 12 11:16 AM] Thursday saw the Canadian dollar drop toward its lowest value in nearly two weeks against the world's reserve currency. Read more
- Copper futures spike as Fed prepares release of minutes: [2012 Jul 11 03:08 PM] Copper futures were on the rise on Wednesday, advancing as much as 1 percent in anticipation of the U.S. Federal Reserve indicating it is driving toward intervening to boost the world's largest economy. Read more
- Euro remains at two-year low against U.S. dollar while German court deliberates: [2012 Jul 11 11:25 AM] The common currency of the European Union stayed at its lowest value in 24 months against the U.S. dollar on Wednesday. Read more
- Loonie benefits from dollar's drop, oil's gain: [2012 Jul 11 11:24 AM] Wednesday saw the currency of Canada gain against its southerly rival as the U.S. Federal reserve prepared to release minutes from its meeting last month, which are believed to gravitate toward additional monetary stimulus strategies. Read more
- Copper futures slip as Chinese imports fall: [2012 Jul 10 02:28 PM] Copper futures were dropping in value on Tuesday as news broke about the globe's top consumer of the industrial metal seeing a reduced amount of imports. Read more
- Crude oil futures drop lower than $100 per barrel: [2012 Jul 10 11:40 AM] The end of a labor strike in the largest exporter in Western Europe helped pull down the price of crude oil futures on Tuesday. Read more
- Dollar dip drives bullion: [2012 Jul 10 11:38 AM] Gold futures were driving higher on Tuesday as the yellowish metal capitalized on a dip by the U.S. dollar. Read more
- Canadian dollar edges up against U.S. rival: [2012 Jul 10 11:37 AM] The Canadian dollar slightly rose Tuesday against the U.S. dollar after finance ministers from euro zone nations agreed on an aid package for Spain and its troubled financial institutions. Read more
- Euro remains low against greenback, yen: [2012 Jul 10 11:35 AM] Tuesday saw the shared currency of the European Union remained near its lowest value in two years against the U.S. dollar. Read more
- Crude oil futures climb higher than $100 per barrel: [2012 Jul 09 02:51 PM] Threats to production from the largest oil exporter in Western Europe pushed the price of crude oil futures on Monday past the threshold price of $100 per barrel. Read more
- Canadian dollar sinks with other commodity-linked peers: [2012 Jul 09 02:50 PM] Canada's currency sank to its lowest value in more than a week against the world's reserve currency on Monday. Read more
- Dipping dollar holds gold futures steady: [2012 Jul 09 11:26 AM] Gold futures hovered about their lowest price in two weeks on Monday as the U.S. dollar lost some of its luster. Read more
- Peso to endure volatility for years to come, central bank deputy governor says: [2012 Jul 09 11:24 AM] The Mexican peso is poised for volatility during the upcoming years while financial markets throughout the world are uneasy in the face of the sovereign debt crisis, Bank of Mexico deputy governor Manuel Ramos Francia said late last week Read more
- Euro unchanged as euro zone ministers prepare for return to Brussels: [2012 Jul 09 11:23 AM] Monday saw the common currency of the European Union fall to its lowest value in two years against the U.S. dollar. Read more
- Crude oil futures drop beneath $100 per barrel : [2012 Jul 06 02:31 PM] An underwhelming U.S. jobs report pulled down the price of crude oil futures on Friday, the second straight trading session of losses for the energy commodity. Read more
- Gold futures drop more than 1 percent: [2012 Jul 06 11:33 AM] Losses to gold futures on Friday pushed well past 1 percent as the yellowish metal again dropped lower than the milestone price of $1,600 per troy ounce. Read more
- Euro struggles against yen, dollar: [2012 Jul 06 11:31 AM] Friday saw the common currency of the European Union lose value again against the Japanese yen as the embattled 17-nation currency is on a three-day losing streak against the monetary unit of the Pacific Rim nation. Read more
- Canadian dollar edges down against U.S. rival: [2012 Jul 06 11:29 AM] The monetary unit of Canada slipped in value against the world's reserve currency on Friday as both nations are projected to release underwhelming economic data. Read more
- Crude oil futures impacted by central bank action: [2012 Jul 05 03:27 PM] Increases to the world's reserve currency on Thursday against the shared currency of the European Union helped pull down the price of crude oil futures. Read more
- Canadian dollar benefits from ECB rate slash: [2012 Jul 05 03:24 PM] The Canadian dollar on Thursday surged to its highest value in two years against the common currency of the European Union in response to the European Central Bank slashing interest rates. Read more
- Peso prone to bounce back and appreciate this quarter, central bank chief says: [2012 Jul 05 11:24 AM] Inflation will slow this quarter and the economy's growth might not climb as high as forecast and even Latin America's most traded currency faces the prospect of increasing in value, the central bank chief of Mexico told Bloomberg during an interview. Read more
- Gold futures push past $1.6k: [2012 Jul 03 01:46 PM] Gold futures were on the rise on Tuesday, pushed up in value by anticipations for additional strategies of monetary easing by worldwide central banks. Read more
- Crude oil futures climb as intervention conjecture grows: [2012 Jul 03 01:44 PM] Speculation about worldwide central banks embarking on monetary easing programs helped push up the value of crude oil futures past the $100 barrier. Read more
- Conjecture about intervention pushes up copper futures: [2012 Jul 03 01:43 PM] Speculation about central banks deploying economy-spurring measures helped push up copper futures well more than 2 percent in value on Tuesday. Read more
- Canadian dollar gains against greenback amid intervention chatter: [2012 Jul 03 11:48 AM] Tuesday saw the monetary unit of Canada advance against the U.S. dollar as speculation mounted about major nations' central banks preparing to intervene and strengthen their respective economies. Read more
- Euro remains competitive with dollar as ECB prepares for Thursday meeting: [2012 Jul 03 11:46 AM] Tuesday saw the common currency of the European Union keep up with the U.S dollar. Read more
- Copper futures slip amid manufacturing struggles in China, Europe, U.S.: [2012 Jul 02 12:02 PM] The price of copper futures pulled back on Monday amid fears of manufacturing slowdowns in Europe and China. Read more
- Economic challenges in China, Europe pull down crude oil futures: [2012 Jul 02 11:42 AM] Crude oil futures were dropping on Monday, one day after sanctions levied by the European Union kicked in against oil-rich Iran. Read more
- Euro drops as joblessness edges up: [2012 Jul 02 11:40 AM] Monday saw the value of the common currency of the European Union fall after a report showed May unemployment in the 17-nation bloc achieved the dubious distinction of record highs. Read more






