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PRECIOUS-Gold slips as positive US-China trade talk dents safe-haven appeal
US, China hail 'constructive' Geneva trade talks, details due MondayFed's Hammack wants clear data before moving on ratesYellow metal may decline to $3,200/oz in the near term, analyst saysBy Anushree Mukherjee May 12 (Reuters) - Gold prices slipped on Monday as positive U.S.-China tr...Reuters
Mon, May 12
REFILE-INSIGHT-Prospects of Saudi ties to Israel elusive as Trump seeks $1 trillion bonanza
Saudi-Israel normalization stalled due to Gaza conflictFocus on $1 trillion investments, arms deals, and AI collaborationsTrump’s visit aims to counter China’s rising clout in regionBy Samia Nakhoul, Humeyra Pamuk, Alexander Cornwell WASHINGTON/DUBAI, May 11 (Reuters) - When U.S. President Donald...Reuters
Mon, May 12
RPT-COLUMN-A gallium lens on China's minerals dominance and how to break it: Andy Home
By Andy Home LONDON, May 9 (Reuters) - The price of gallium has been rising ever since China started restricting exports of the exotic metal in August 2023.This is not surprising since China has a near monopoly on global gallium production, just as it does across the critical materials spectrum. ...Reuters
Mon, May 12
Eneos CEO: May Consider Investing In U.S. LNG Assets, Including Alaska LNG If Deemed Profitable
May 12 (Reuters) - ENEOS Holdings Inc 5020.T:ENEOS CEO: WILL CONSIDER BUYING ADDITIONAL STAKES IN LNG PROJECTS OR ASSETSENEOS CEO: NO CONCRETE STEPS HAVE BEEN TAKEN REGARDING INVESTMENT IN U.S. GAS PROJECTSENEOS CEO: AMMONIA AND HYDROGEN INITIATIVES ARE LIKELY TO BE DELAYED IN JAPAN AS A WHOLEENEOS ...Reuters
Mon, May 12
Japan's Ishiba signals increasing corn imports as part of US trade talks
TOKYO, May 12 (Reuters) - Japanese Prime Minister Shigeru Ishiba on Monday signalled that increasing corn imports from the U.S. would be among options in trade negotiations with Washington.Speaking in parliament, Ishiba repeated that Japan won't sacrifice the domestic agriculture industry for th...
Reuters
Mon, May 12
Russian drone attack on Ukraine freight train injures driver, Ukrainian railways says
May 12 (Reuters) - A Russian drone attack on Monday on Ukraine's railway infrastructure in the Donetsk region injured a locomotive driver of a civilian freight train, Ukrainian Railways said."Truce proposals are being ignored, hostile attacks on railway infrastructure ... continue," Ukra...Reuters
Mon, May 12
Traders rebrand Venezuelan oil for China as Brazilian, sources and tanker trackers say
China registered some 67,000 bpd of mixed bitumen imports from Brazil since July worth $1.2 blnShippers tamper with the tankers' signal to make them look like departing from BrazilApart from shortening voyages, the practice helps secure bank financing By Chen Aizhu SINGAPORE, May 12 (Reuters)...Reuters
Mon, May 12
WTI sits near two-week high, just below $61.00 as traders await US-China trade deal details
West Texas Intermediate (WTI) US Crude Oil prices rise to a nearly two-week high during the Asian session on Monday, though bulls struggle to find acceptance or build on the momentum beyond the $61.00 mark.Fxstreet
Mon, May 12
GRAINS-Soybean futures climb on US-China trade optimism; wheat and corn fall
BEIJING, May 12 (Reuters) - Chicago soybean futures rose for a third session on Monday, supported by positive developments in U.S.-China trade negotiations over the weekend in Switzerland.Talks concluded on Sunday with U.S. officials touting a "deal" to reduce the U.S. trade deficit, while C...Reuters
Mon, May 12
METALS-Metals rise on 'constructive' US-China trade talks
SHANGHAI, May 12 (Reuters) - Prices of base metals were up on Monday as signs of progress in U.S.-China trade talks eased global recession fears, although details of any potential deals remain unclear.Benchmark copper CMCU3 on the London Metal Exchange (LME) rose 0.6% to $9,497.5 a metric ton as of ...Reuters
Mon, May 12
GRAINS-Chicago soybean futures rise after positive US-China trade talks; wheat and corn fall
BEIJING, May 12 (Reuters) - Chicago soybean futures edged higher on Monday, supported by positive developments in U.S.-China trade talks over the weekend in Switzerland.Wheat edged lower on favourable weather and weak exports. Corn also declined. FUNDAMENTALS* The most-active CBOT soybean contract S...Reuters
Mon, May 12
Goldman Sachs Expects Solid Supply Growth Outside US Shale To Weigh Further On Oil Prices
May 11 (Reuters) - GOLDMAN SACHS:"WE STILL EXPECT BRENT/WTI PRICES TO EDGE DOWN AND AVERAGE $60/56 IN THE REST OF 2025 AND $56/52 IN 2026"EXPECTS SOLID SUPPLY GROWTH OUTSIDE US SHALE TO WEIGH FURTHER ON OIL PRICESEXPECTS THAT THE GRADUAL FALL IN WTI PRICES TO OUR $51/BBL ESTIMATE OF THE AVER...Reuters
Mon, May 12
Gold Price Forecast: XAU/USD tumbles below $3,300 on progress in US-China trade talks
The Gold price (XAU/USD) attracts some sellers to near $3,275 during the early Asian session on Monday, pressured by a stronger US Dollar (USD). Optimism in US-China trade talks in Geneva, Switzerland, over the weekend has dragged the precious metal lower.Fxstreet
Mon, May 12
Gold falls as 'positive' US-China talks erode safe-haven appeal
May 12 (Reuters) - Gold prices slipped on Monday as U.S.-China trade talks ended on a positive note, easing investor anxiety and denting demand for the safe-haven asset.FUNDAMENTALS* Spot gold XAU= fell 1.1% to $3,286.86 an ounce as of 0014 GMT. U.S. gold futures GCcv1 lost 1.6% to $3,291.60.* The UReuters
Mon, May 12
Oil prices rise as US-China trade talks soothe market jitters
By Yuka Obayashi TOKYO, May 12 (Reuters) - Oil prices rose on Monday after both sides in U.S.-China trade talks over the weekend touted their progress, which lifted market sentiment that the world's two largest crude users may be moving toward a resolution of their trade dispute. Brent...Reuters
Mon, May 12
