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Silver Price Forecast: XAG/USD holds losses below $33.00 as safe-haven demand weakens
Silver price (XAG/USD) Oil price halts its four-day winning streak, trading around $32.80 per troy ounce during the European hours on Wednesday. The metal’s safe-haven appeal has weakened amid easing global trade tensions.
Fxstreet
Wed, May 14
Trump urges Syria's Sharaa to sign onto Abraham accords, White House spokesperson says
DUBAI, May 14 (Reuters) - U.S. President Donald Trump urged Syria's president Ahmed al-Sharaa on Wednesday to sign onto the Abraham accords with Israel, a day after a surprise U.S. announcement it would lift all sanctions on the Islamist-led government, a White House spokesperson said.Reuters
Wed, May 14
Gold retreats slightly, failing to benefit from US dollar weakness
Gold (XAU/USD) dips back to $3,225 on Wednesday as it faces renewed outflows, erasing almost all the gains registered on Tuesday. Softer-than-expected inflation data for April released on Tuesday provided a sigh of relief for markets, with the widely-feared inflation shock from tariffs not material
Fxstreet
Wed, May 14
Edison takes delivery of first US LNG cargo from Venture Global
ROME, May 14 (Reuters) - Italian energy group Edison EDNn.MI said on Wednesday it received the first cargo of liquefied natural gas (LNG) from U.S. firm Venture Global VG.N, adding it would continue litigation over delays in its delivery.A cargo of 165,000 cubic metres of LNG from Venture Global'...Reuters
Wed, May 14
FM's Hodge highlights renewable energy and data centre growth as emerging risks
By Mia MacGregorMay 14 - (The Insurer) - The reliability of renewable energy and the proliferation of data centres are emerging as major risks for the commercial insurance industry, FM's COO Randy Hodge has warned."The risk quality of renewable infrastructure is not as high as traditional po...Reuters
Wed, May 14
EUROPE GAS-Prices largely flat on muted demand, stable supply
LONDON, May 14 (Reuters) - Dutch wholesale gas prices were largely flat, continuing to trade in a narrow range, amid muted demand, higher solar output and stable supply.The benchmark Dutch front-month contract TRNLTTFMc1 edged down by 0.10 euro to 35.60 euros per megawatt hour (MWh) by 0742 GMT, whi...Reuters
Wed, May 14
METALS-London base metals rise as US-China trade truce eases uncertainty
SHANGHAI, May 14 (Reuters) - Prices of most base metals in London climbed on Wednesday, as traders welcomed a pause in the U.S.-China trade conflict, which has weighed on the global economy and financial markets.Benchmark copper CMCU3 on the London Metal Exchange (LME) was at $9,626 a metric ton, as...Reuters
Wed, May 14
TABLE-UAE's Fujairah oil inventory data for week ended May 12
May 14 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended May 12, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change from t...Reuters
Wed, May 14
US soybean exports may fall 20% without China trade deal, AgResource says
By Sybille de La Hamaide GENEVA, May 14 (Reuters) - U.S. soybean exports may drop 20% and the prices paid to farmers will plunge if the United States and China fail to reach a deal in their trade dispute limiting U.S. soybeans from its largest market, agribusiness consultants AgResource said on W...Reuters
Wed, May 14
PRECIOUS-Gold falls as easing US-China trade tensions weaken safe-haven demand
US slashes 'de minimis' tariff on small China parcels to as low as 30%$3,200 is a pretty critical level of support for gold, analyst saysU.S. PPI due on Thursday By Anushree Mukherjee May 14 (Reuters) - Gold fell on Wednesday as de-escalation in U.S.-China trade tensions weakened safe-hav...Reuters
Wed, May 14
New Energy Risk names Schulz CEO
By Chris MunroMay 14 - (The Insurer) - Paragon Insurance Group’s New Energy Risk (NER) has appointed George Schulz as its new CEO following Tom Dickson’s departure to join Oak Re.Schulz most recently served as NER’s managing director of program development.He joined NER in 2022 from Ariel Re, where ...Reuters
Wed, May 14
Palladium price today: Rare metals mixed at the start of the European session
Platinum Group Metals (PGMs) trade mixed at the beginning of Wednesday, according to FXStreet data. Palladium (XPD) changes hands at $953.80 a troy ounce, with the XPD/USD pair easing from its previous close at $957.25.Fxstreet
Wed, May 14
COLUMN-Europe will struggle to wean itself off Russian gas: Bousso
EU on track to replenish gas storage to 90%Plans to ban Russian gas imports face several hurdlesRussia accounts for 15% of region's LNG imports in 2025By Ron Bousso LONDON, May 14 (Reuters) - Europe is on track to replenish its depleted natural gas storage network using almost no Russian pipe...Reuters
Wed, May 14
GRAINS-Soybeans hit 9-month high on biofuel tax credit proposal, trade optimism
By Ella Cao and Lewis Jackson BEIJING, May 14 (Reuters) - Chicago soybean futures rose to a nine-month high on Wednesday, supported by a proposal to extend the biofuel tax credit - boosting demand for U.S. soybeans - and renewed optimism from a temporary truce in the U.S.-China trade dispute. Tra...Reuters
Wed, May 14
INSIGHT-Ghost in the machine? Rogue communication devices found in Chinese inverters
Rogue communication devices found in Chinese solar invertersUndocumented cellular radios also found in Chinese batteries U.S. says continually assesses risk with emerging technologyU.S. working to integrate 'trusted equipment' into the gridBy Sarah McFarlane LONDON, May 14 (Reuters) - U.S...Reuters
Wed, May 14
TECHNICALS-CBOT soybeans to test resistance at $10.87-1/4
For more technical analyses, please click SINGAPORE, May 14 (Reuters) - The CBOT soybean July contract SN25 is expected to test resistance at $10.87-1/4 per bushel, a break above which could lead to a gain into the $10.99-1/4 to $11.07-1/2 range.A wave c from $10.36-1/2 may either end around its 61....Reuters
Wed, May 14
PRESS DIGEST - Wall Street Journal - May 14
May 14 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- Baidu 9888.HK is set to test its Apollo Go driverless ride-hailing service in Europe for the first time, starting with Switzerland and Turke...Reuters
Wed, May 14
