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Futures Market News - May 2012
- Spain troubles weigh heavily on gold futures: [2012 May 30 01:27 PM] Gold futures touched their lowest value in one week on Wednesday, following the trajectory of the hobbled common currency of the European Union. Read more
- Aussie, Kiwi lose value against greenback: [2012 May 30 01:07 PM] The value of the Australian dollar dropped against all 16 of its counterpart currencies on Wednesday as a consequence of economic data indicating retail sales unexpectedly fell. Read more
- Crude oil futures drive toward largest monthly loss in three-plus years: [2012 May 30 11:32 AM] The price of crude oil futures fell to its lowest in 150 days on Wednesday in anticipation of a U.S. Energy Department report forecast to indicate supplies of the energy commodity reached their highest since 1990. Read more
- Cotton futures slip after upward drive early in sessoin: [2012 May 29 04:52 PM] Cotton futures hovered on Tuesday as early gains during the session were tempered. Read more
- Struggles of Spain harm euro, gold futures: [2012 May 29 02:49 PM] Concerns about the integrity of Spanish banks under the specter of the voracious sovereign debt crisis helped pull down gold futures on Tuesday. Read more
- Copper futures climb as reddish metal heads toward monthly loss: [2012 May 29 12:14 PM] Copper futures gained in value on Tuesday, prompted higher in value by a weakening U.S. dollar and speculation about monetary easing in China. Read more
- Crude oil futures set to continue climbing: [2012 May 29 10:51 AM] Crude oil futures increased to their top price in four days on Tuesday, pushed by conjecture about economic development and growth prompting demand for fuel. Read more
- Brazilian real rises against dollar: [2012 May 25 12:53 PM] The Brazilian real saw its recent losses to the U.S. dollar reverse slightly on Friday as the country's central bank continued to take action to support its currency. Read more
- South Pacific currencies see some optimism: [2012 May 24 12:32 PM] After weeks of steady declines, some investors are choosing to reinvest in the dollars of Australia and New Zealand. Read more
- Wheat gaining on fears of drought: [2012 May 24 10:54 AM] Wheat futures have started to reverse their recent struggles, with concerns growing about droughts in all of the major wheat-growing regions of the world. Read more
- Progress in Iran, concerns in Europe drive oil down: [2012 May 23 10:58 AM] Oil futures continued to fall on Wednesday as pressures let up on all sides, between the struggling European economy and easing concerns in Iran. Read more
- As EU leaders meet, euro hits 21-month low: [2012 May 23 10:56 AM] With EU leaders preparing for a summit later Wednesday to help address the growing concerns about the region's economy, the euro fell to its lowest point against the dollar in nearly two years. Read more
- Yen plummets as Fitch cuts credit ratings: [2012 May 22 12:34 PM] The Japanese yen dropped against the U.S. dollar the largest amount in one month on Tuesday, as markets reacted to the decision by Fitch Ratings to cut the country's credit rating. Read more
- Crude oil futures advance as Iran meetings approach: [2012 May 21 10:30 AM] Crude oil futures gained in value on Monday for the first trading session in seven, propelled by the commitment of China to develop its economy. Read more
- Copper futures benefit from Chinese intention to focus on growth: [2012 May 21 09:56 AM] Copper futures were riding a two-day bullish drive on Monday as the industrial metal aimed to continue climbing after scraping its lowest price last week in 120 days. Read more
- Gold futures follow euro's dive: [2012 May 21 09:53 AM] Gold futures were slipping on Monday, tracking the downward drive of the shared currency of the European Union. Read more
- Cotton futures finish week with climbs: [2012 May 18 03:54 PM] Cotton futures ended the Friday trading session on the uptick, climbing after having scraped their lowest price in 27 months the day before. Read more
- Economic unease in euro zone, China, U.S. impacts copper futures: [2012 May 18 03:42 PM] Copper futures were hovering on Friday ahead of the Group of Eight nation meeting scheduled for the weekend as preoccupations grew for the well-being of the euro zone as 16 Spanish banks were downgraded by Moody's Investors Service. Read more
- Oil futures continue downward tack as euro debt crisis continues thrashing: [2012 May 18 03:39 PM] The price of crude oil futures dove Friday to its lowest since November of last year as Greece's standing as one the 17 euro zone nations fell further into question. Read more
- Gold futures look to climb as rough week closes: [2012 May 18 10:35 AM] Friday saw the price of gold futures driving toward a second consecutive day of gains after the yellowish metal aimed to build momentum from achieving its best one-day performance since the end of this past January on Thursday. Read more
- Loonie climbs for first day of week as American equities gain: [2012 May 18 10:20 AM] Friday saw the Canadian dollar achieve its only day of gains this week as the monetary unit has suffered under the pressure of the travails of debt-hobbled Greece. Read more
- Crude oil futures drop as ECB taps Greek central bank for lending to local banks: [2012 May 17 11:27 AM] The price of crude oil futures continued driving lower on Thursday, spurred partially by the halt of lending to financial institutions in debt-riddled Greece. Read more
- Four straight days of losses to gold futures cease as traders demand bullion: [2012 May 17 11:25 AM] Demand by investors capitalizing on four consecutive days of losses to gold futures by purchasing the precious metal helped halt those losses and drive its price higher on Thursday. Read more
- Loonie's losses against greenback tempered by wholesale sale gains: [2012 May 17 09:25 AM] The monetary unit of Canada endured a fourth-straight day of losses on Thursday against its southerly rival, tugged down by speculation about the spreading contagion of the sovereign debt crisis in the euro zone should debt-hobbled Greece withdraw from the bloc. Read more
- Corn futures notch three consecutive days of gains: [2012 May 16 02:19 PM] Augmented demand from China helped push up the price of corn futures on Thursday, marking the third-straight day of gains for the agricultural commodity. Read more
- Crude oil futures drop as U.S. inventories climb: [2012 May 16 02:17 PM] The specter of worsening conditions in the euro zone with debt-hobbled Greece and high supplies in the U.S. pulled crude oil futures to their lowest price in more than six months on Wednesday. Read more
- Gold futures drop fourth-straight day: [2012 May 16 10:32 AM] Wednesday saw gold futures enter into a bear market after dropping in value for a fourth-straight session and losing 20 percent of its value since establishing record highs eight-plus months ago. Read more
- Canadian dollar continues suffering from Greek struggles: [2012 May 16 10:21 AM] The value of the Canadian dollar fell against the world's reserve currency on Wednesday, dragged down by deepening worries about unease should debt-hobbled Greece leave the 17-nation euro zone. Read more
- Copper futures drop as concerns spread for Greece: [2012 May 15 04:07 PM] Copper futures dropped to their lowest price in about 16 weeks on Tuesday, pulled down by concerns about Greece's present debacle with inconclusive elections and the nation's questionable future as a member of the euro zone. Read more
- Crude oil futures harmed by debt scourge, climbing U.S. supplies: [2012 May 15 04:04 PM] Troubles with Europe's economy and U.S. inventories' gains pulled down the price of crude oil futures on Tuesday, marking the third consecutive trade session of losses for the energy commodity. Read more
- Gold futures continue downward drive as dollar strengthens: [2012 May 15 03:38 PM] Gold futures were plunging toward their third consecutive trading session of losses on Tuesday, pulled down by disorder in Greece, the droopy 17-nation currency and the emboldened U.S. dollar. Read more
- Greece opting to conduct new election pulls down loonie: [2012 May 15 03:26 PM] Tuesday saw the Canadian dollar drop against the U.S. dollar, tugged down by ongoing tumult and unanswered questions in Greece. Read more
- Euro benefits from German GDP pushing past expectations: [2012 May 15 11:55 AM] The common currency of the European Union ceased a bearish rally against the world's reserve currency on Tuesday after economic data indicated Germany helped stave off a recession in the euro zone. Read more
- Greek troubles, Chinese slowdown pull crude oil futures down: [2012 May 14 01:33 PM] Conjecture about Greece leaving the euro zone drew down crude oil futures on Monday as the oil minister of Saudi Arabia said the energy commodity's price is projected to go down. Read more
- Gold futures pressed downward by Greek troubles: [2012 May 14 12:59 PM] Read more
- Euro drops as Greek flight falls under serious consideration: [2012 May 14 10:34 AM] The possible departure of Greece from the euro zone bloc is under discussion by officials and leaders in the 17-nation bloc, pulling down the value of the shared currency to its lowest level in more than three months. Read more
- Aussie drops lower than parity against U.S. dollar: [2012 May 14 10:31 AM] Monday saw the monetary unit of Australia slip below parity against the world's reserve currency as concerns strengthened for Greece leaving the euro zone. Read more
- Fed chief warns of dangers to U.S. economy during luncheon with Democratic senators: [2012 May 14 10:29 AM] The expiration of assorted policies in the world's largest economic system is likely to spell trouble ahead, U.S. Federal Reserve chief Benjamin S. Bernanke told a gaggle of lawmakers last week Read more
- Cotton futures hover above two-year lows: [2012 May 11 03:54 PM] Projections of increased supplies pulled down cotton futures to their lowest price in 21 months on Friday. Read more
- Rand heads toward worst weekly performance of year following Greek turmoil: [2012 May 11 02:27 PM] Uncertainty in debt-riddled Greece dragged down the South African rand to its lowest value in nearly four months on Friday as the monetary unit drove toward its poorest weekly showing thus far in 2012. Read more
- Loonie climbs after strong April jobs report: [2012 May 11 11:38 AM] Strong labor market news from April helped the Canadian dollar gain against the world's reserve currency on Friday. Read more
- Gold Futures Plunge to Lowest Price in Four Months: [2012 May 11 11:25 AM] Concerns about the fiscal health of Greece and Spain pulled down gold futures on Friday to their lowest price in 16 weeks. Read more
- Euro gains against U.S. dollar after progress in Greece: [2012 May 11 11:23 AM] Friday saw the shared currency of the European Union increase in value against the U.S. dollar and benefiting from semblances of progress in debt-ridden Greece. Read more
- Crude oil futures fall as U.S. inventories climb: [2012 May 10 04:34 PM] Stockpiles climbing to their top level since 1990 pulled down the price of crude oil futures on Thursday. Read more
- Aussie climbs after jobless rate drops to year low: [2012 May 10 03:19 PM] An unexpected drop in joblessness in Australia last month boosted the value of the nation's currency against all 16 of its counterpart currencies. Read more
- Slump of gold futures pauses as bullion drives toward $1.6k: [2012 May 10 11:34 AM] Gold futures were driving higher toward the milestone price of $1,600 per troy ounce on Thursday, one day after touching the lowest value in four months during a three-day slump linked with euro zone elections. Read more
- Mild advances for loonie as euro debt scourge remains of concern: [2012 May 10 11:27 AM] The Canadian dollar mildly climbed from its lowest value in more than three months against the U.S. dollar on Thursday. Read more
- Euro nears three-month low against dollar as Greek fiscal troubles remain: [2012 May 10 11:25 AM] Conjecture about a default for Greece helped the common currency of the European Union remain near its its lowest value in 90 days against the world's reserve currency on Thursday. Read more
- Pound falls against the dollar after underwhelming April sales report: [2012 May 09 03:01 PM] Poor sales during the month of April in the U.K. pulled down the value of the British pound against the U.S. dollar on Wednesday. Read more
- Silver futures projected to climb with increased manufacturing: [2012 May 09 02:56 PM] Manufacturing in the nations hosting the globe's two largest economic systems is projected to increase, taking silver futures along for the ride. Read more
- Crude oil futures fall after inventories gained, Greek troubles intensify: [2012 May 09 12:22 PM] Increased inventories pulled down crude oil futures nearly 2 percent on Wednesday as the energy commodity also lost value due to political troubles in debt-hobbled Greece Read more
- Greek, Spanish tumult pull down euro for eighth consecutive trading session: [2012 May 09 12:04 PM] Troubles in euro zone nations Greece and Spain pulled down the shared currency of the European Union on Wednesday, the monetary unit's eighth straight day of losses against the U.S. dollar. Read more
- Peso scrapes lowest since January against greenback: [2012 May 08 03:58 PM] The Mexican peso fell in value to its lowest value in about four months as a consequence of growing concerns for Greece, the euro zone nation that has received two tranches of emergency bailout aid. Read more
- Crude oil futures drop for fifth consecutive trading session: [2012 May 08 12:44 PM] Political uneasiness in the euro zone and the commentary of the oil minister of a top-producing nation pulled down crude oil futures on Tuesday, marking the fifth consecutive day of losses. Read more
- Gold futures dive as dollar gains after euro zone political tumult: [2012 May 08 12:38 PM] The emboldened U.S. dollar dragged down gold futures to their lowest price in four months on Tuesday. Read more
- Loonie slips as greenback, yen draw investor interest: [2012 May 08 12:25 PM] Political uncertainty and upheaval in the euro zone pulled down the value of the Canadian dollar against the world's reserve currency on Tuesday as investors gravitated toward assets considered less risky. Read more
- Euro's losses tempered by questions about U.S. monetary policy: [2012 May 08 12:20 PM] Conjecture about a Greek exit from the euro zone following weekend elections dragged down the value of the common currency of the European Union on Tuesday, marking the seventh-straight day of losses for the embattled monetary unit. Read more
- Gold futures track euro's losses as election results drag down both: [2012 May 07 02:34 PM] Gold futures slipped in value on Monday, tracking the downward trend of the shared currency of the European Union in the fallout of weekend elections in France, Greece and elsewhere in Europe. Read more
- Loonie suffers from European election results: [2012 May 07 10:10 AM] Election results in Europe pulled down the Canadian dollar on Monday against the world's reserve currency as the loonie headed toward its lowest value in almost three weeks. Read more
- European election results drag down euro: [2012 May 07 10:08 AM] Results of the past weekend's elections in European Union nations proved to be harmful to the 17-nation common currency, which plunged to its lowest value in three months. Read more
- Crude oil futures drop after release of disappointing U.S. jobs data: [2012 May 04 03:19 PM] Underwhelming economic data about job growth in the U.S. pulled down the price of crude oil futures on Friday. Read more
- Gold futures fall as weekend euro zone nation elections capture attention: [2012 May 04 12:19 PM] Friday saw gold futures dropping as the yellowish metal tracked the downward drive of the shared currency of the European Union. Read more
- Rand drops as concerns for euro zone intensify: [2012 May 04 12:17 PM] The South African rand slipped for a second-straight session against the U.S. dollar on Friday, pulled down by concerns about the economy of the euro zone. Read more
- Copper futures mark a second consecutive day of losses: [2012 May 03 02:01 PM] Copper futures were driving lower in value on Thursday, marking the second consecutive day of losses for the reddish metal. Read more
- Gold futures fall as eyes focus on ECB regarding interest rates: [2012 May 03 11:30 AM] Gold futures were tracking downward on Thursday, following the slope of the shared currency of the European Union as analysts, investors and additional observers eyed the European Central Bank regarding its interest rate decision. Read more
- BoE chief says body should have warned more strongly of financial trouble ahead prior to 2008: [2012 May 03 11:23 AM] The Bank of England committed a grave error by not being more assertive about issuing advisories about the imminent economic crisis that began in 2008, Bank of England Governor Mervyn King said during a radio address. Read more
- Crude oil futures fall after U.S. reports inventories gain the most in 21 years: [2012 May 02 01:14 PM] U.S. supplies of crude oil have climbed to their highest level since the early 1990s, which tugged down crude oil futures. Read more
- Gold futures slip as likelihood of intervention fades: [2012 May 02 12:43 PM] Conjecture about the U.S. central bank being unlikely to intervene with additional monetary easing pulled down the price of gold futures on Wednesday. Read more
- Fed presidents cast doubt on more intervention: [2012 May 02 12:42 PM] Three voting members of the policy making arm of the U.S. Federal Reserve stand opposed to additional intervention to spur the globe's biggest economy. Read more
- Hog futures forecast to slip as pig population drives to record highs: [2012 May 01 04:32 PM] The four-year rally of lean hog futures is projected to wane next year due to a flourishing population of pigs in the U.S. and production from China bouncing back. Read more
- Chinese manufacturing increases during April pull down copper futures: [2012 May 01 01:09 PM] The increased pace of manufacturing last month in the nation hosting the globe's most rapidly developing economic system pulled down copper futures. Read more
- Aussie, kiwi slip against rival monetary units: [2012 May 01 12:41 PM] The Australian dollar lost value against the U.S. dollar and the Japanese yen on Tuesday after the nation's central bank reduced interest rates more than expected. Read more
- Crude oil futures drop as Chinese economic data indicates slowdown: [2012 May 01 12:39 PM] The price of crude oil futures dropped toward its lowest value in two days after the globe's most rapidly developing economy demonstrated additional hiccups. Read more
- Gold futures projected to climb as dollars endures tension: [2012 May 01 12:37 PM] Conjecture about central banks employing additional measures of intervention is likely to push up gold futures on Tuesday. Read more






