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Gold price falls after unexpectedly strong US producer price data – Commerzbank
The Gold price came under pressure yesterday following the publication of US producer prices. These rose significantly more than expected in July, which is likely to be attributable to the impact of tariffs.
Fxstreet
Fri, Aug 15
Willis names Kumar growth leader for energy, construction and marine in India
By Ashish TiwariAug 15 - (The Insurer) - Willis, a WTW business, has appointed Azad Kumar as growth leader for its energy, construction and marine business in India, the insurance broker said in a LinkedIn post.Kumar, who has previously held roles at UIB Insurance Brokers, Jardine Lloyd Thompson and...Reuters
Fri, Aug 15
PRECIOUS-Gold heads for weekly decline as US price data dims hopes of big Fed cut
Trump-Putin summit to take place at military base in Alaska Gold down 1.7% so far this weekUS producer inflation heats up, dimming bets on big Fed cutBy Anmol Choubey Aug 15 (Reuters) - Gold prices edged higher on Friday, buoyed by a weaker dollar, but were poised for a weekly decline after hotte...Reuters
Fri, Aug 15
Mexican ranchers hit by flesh-eating screwworm want action on cattle smuggling
Mexico's illegal livestock trade exacerbates screwworm outbreakUS closes border to Mexican cattle, impacting $1 billion industryMexico plans $51 million sterile screwworm fly plant by 2026By Cassandra Garrison TAPACHULA, Mexico, Aug 15 (Reuters) - On a scorching afternoon in the rural heartla...Reuters
Fri, Aug 15
INSIGHT-In Texas cattle country, ranchers brace for flesh-eating screwworms
Ranchers fear the return of a parasite not seen for half a centuryScrewworms threaten $1.8 billion damage to Texas economyCases took off in Mexico last year and are advancing northBy Heather Schlitz, Cassandra Garrison and Elida MorenoLIVE OAK COUNTY, Texas/TAPACHULA, Mexico/PANAMA CITY, Aug 15 (Reu...Reuters
Fri, Aug 15
GRAINS-Corn rises but set for weekly loss, soy also up
LONDON/CANBERRA, Aug 15 (Reuters) - Chicago corn futures rose on Friday but remained on track for a weekly loss, after larger estimates of U.S. and Brazilian crops showed the global market is well supplied.Soybean futures were higher, extending this week's advance, buoyed by a downgrade to the U...Reuters
Fri, Aug 15
Ukraine reports strikes on Russian oil refinery, Caspian port hub
Ukraine strikes Syzran oil refinery in Russia's Samara region Also hit a Caspian Sea port and cargo vesselStrikes come hours before Trump-Putin summit in Alaska KYIV, Aug 15 (Reuters) - Ukraine struck the Syzran oil refinery in Russia's Samara region in an overnight attack and also hit a ...Reuters
Fri, Aug 15
REFILE-PRECIOUS-Gold falls as hot US data lifts dollar, yields; cools hopes for jumbo Fed cut (Aug 14)
US producer prices accelerate in JulyUS jobless claims fall 3,000 to 224,000, below forecastTraders of rate futures pare Fed rate cut bets after economic dataBy Sherin Elizabeth Varghese Aug 14 (Reuters) - Gold prices fell on Thursday as hotter-than-expected U.S. inflation data and a drop in jobl...Reuters
Fri, Aug 15
EUROPE GAS-Prices rangebound ahead of Trump-Putin summit
LONDON, Aug 15 (Reuters) - Dutch and British wholesale gas prices were trading in a narrow range on Friday morning as the market awaited the outcome of a meeitng between U.S. President Donald Trump and Russian leader Vladimir Putin later today.The benchmark Dutch front-month contract at the TTF hub ...Reuters
Fri, Aug 15
Plastic pollution treaty stalled as Geneva talks end without deal
Delegates fail to reach consensus on plastic pollution treatyOil-producing nations had opposed ambitious deal, delegates sayPath forward for future negotiations unclearBy Emma Farge and Olivia Le Poidevin GENEVA, Aug 15 (Reuters) - Delegates discussing the world's first legally binding treaty...Reuters
Fri, Aug 15
China files WTO complaint against Canada's steel import restrictions
BEIJING, Aug 15 (Reuters) - China on Friday filed a complaint with the WTO against Canada's import restrictions on steel and other products, the Chinese commerce ministry said.China "strongly deplores and firmly opposes Canadian actions", the ministry's statement said, urging Canada ...Reuters
Fri, Aug 15
British Gas owner Centrica enters natural gas deal with US-based Devon Energy
Aug 15 (Reuters) - British Gas owner Centrica CNA.L said on Friday it has entered into a natural gas agreement with Devon Energy DVN.N, in which the U.S.-based firm will supply an equivalent to five LNG cargoes per year over a 10-year term from 2028.Reuters
Fri, Aug 15
Centrica Enters Into Long Term Natural Gas Sale & Purchase Agreement With Devon Energy
Aug 15 (Reuters) - Centrica PLC CNA.L:CENTRICA ENTERS INTO LONG TERM NATURAL GAS SALE & PURCHASE AGREEMENTCENTRICA: NATURAL GAS SALE & PURCHASE AGREEMENT WITH DEVON ENERGY CORPORATIONCENTRICA: UNDER DEAL, DEVON ENERGY WILL SUPPLY 50,000 (MMBTU) PER DAY OF NATURAL GAS OVER A 10‑YEAR TERM STAR...Reuters
Fri, Aug 15
METALS-Shanghai copper posts weekly gain on supply concerns
By Lucas Liew Aug 15 (Reuters) - Shanghai copper prices ended higher for the week, with supply concerns in Zambia and robust half-year earnings from Chilean producer Antofagasta providing support.The copper contract on the Shanghai Futures Exchange SCFcv1 eased 0.08% to 79,060 yuan ($11,008.23) ...Reuters
Fri, Aug 15
South Africa nears decision on steel tariffs amid import influx
By Nqobile DludlaGQEBERHA, South Africa, Aug 15 (Reuters) - South Africa's government will release the preliminary findings of its review of steel tariffs next week, moving a step closer to protecting the local industry from increased imports.The review was initiated by the International Trade A...Reuters
Fri, Aug 15
India's Modi vows to protect farmers, cuts tax, pushes self-reliance amid Trump tariff tensions
Modi urges self-reliance from fertilisers to EV batteries productionAnnounces lower GST rates from October to boost consumptionStress on local manufacturing intensifies amid trade tensionsModi asks shops, traders to push local productsAnnounces new defence system to protect country, raise offensive ...Reuters
Fri, Aug 15
