Daniels Trading - All News

Crude oil futures drop as dollar's strength grows

Fri, 10 May 2013 04:00:48 CST

The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.

Loonie dives after release of weak labor report

Fri, 10 May 2013 03:33:37 CST

The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.

Aussie's losses increasingly causing concern

Fri, 10 May 2013 01:17:31 CST

Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.

Yen slumps against dollar, euro as data notes investors look abroad

Fri, 10 May 2013 00:52:11 CST

The Japanese yen fell to its four-plus year low on Friday against the U.S. dollar after the government of the Pacific Rim nation released data indicating domestic investors further developed holdings of international bonds, according to Bloomberg.

Strong jobs data pushes up greenback against euro, yen

Thu, 09 May 2013 05:58:02 CST

Strong U.S. job market data pushed up the greenback on Thursday against the Japanese yen and the common currency of the European Union, providing a brighter outlook for prospects fo the world's largest economy, according to Bloomberg.

Sugar futures pinched by bets for stronger sales

Thu, 09 May 2013 03:05:13 CST

Sugar futures were slipping on Thursday, dropping to their lowest level in about 90 days amid conjecture about increased sales from the globe's refiners, according to Bloomberg.

Rand pinched by preference against South Africa, finance minister says

Thu, 09 May 2013 01:30:52 CST

The South African rand has been performing poorly because of strong manifestations of preferences against it and the monetary unit is weaker than it really should be, the nation's finance minister told Bloomberg news on Thursday.

Aussie, Kiwi surge after nations release strong jobs data

Thu, 09 May 2013 01:01:00 CST

Strong employment data released by both New Zealand and Australia prompted the South Pacific nations' monetary units to gain in value against the majority of their rivals on Thursday, according to Bloomberg.

Copper futures climb with strong Chinese import, export data

Wed, 08 May 2013 05:07:04 CST

Active trade data from the globe's top consumer helped push copper futures to their top price in about 21 days on Wednesday, spurring speculation about a resumption of strong demand for the base metal, according to Reuters.

Crude oil futures advanced as Cushing supplies drop

Wed, 08 May 2013 04:09:32 CST

Economic data showing reductions to supplies in Oklahoma prompted West Texas Intermediate crude oil futures on Wednesday to increase in value, according to Bloomberg.

Euro propelled higher by strong German data

Wed, 08 May 2013 01:27:34 CST

Wednesday saw the shared currency of the European Union climb against the world's reserve currency following Germany's release of strong industrial production data, Reuters reports.

Strong import, export data pushes up yuan

Wed, 08 May 2013 00:55:07 CST

The Chinese yuan pushed to its top level since 1994 on Wednesday against the world's reserve currency, benefitting from economic data released by the Asian nation stating exports exceeded forecasts issued by analysts, Bloomberg reports.

Gold futures edge down as euro zone leaders aim to control fiscal issues

Tue, 07 May 2013 05:21:06 CST

Gold futures on Tuesday were slumping amid indications that leaders in the debt-hobbled euro zone are set to implement efforts to control the fiscal crisis, according to Bloomberg.

Strong Saudi generation helps drive down WTI crude oil futures

Tue, 07 May 2013 03:41:28 CST

Stronger production from the largest-generating nation of the Organizations of Petroleum Exporting Countries helped pull down West Texas Intermediate crude oil futures on Tuesday, as the energy commodity reversed course after four days of gains, according to Bloomberg.

Yuan spikes higher after premier releases idea to spur investment capital

Tue, 07 May 2013 02:30:26 CST

The currency of the globe's second-largest economy rose in value on Tuesday against the monetary unit of the globe's largest economy in the aftermath of the plan touted by the premier to facilitate investment capital's entry to and exit from the country, Bloomberg reports.