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METALS-Copper advances as prospects of US rate cut lift sentiment
By Amy Lv and Lewis Jackson BEIJING, Aug 13 (Reuters) - Copper prices in Shanghai and London firmed on Wednesday as U.S. inflation data backed expectations for a Federal Reserve interest rate cut next month, although higher inventories kept gains in check.The most-traded copper contract on the Sh...Reuters
Wed, Aug 13
PRECIOUS-Gold gains as soft US data pressures dollar, fuels rate-cut bets
US consumer price index rose 0.2% last monthUS and China extend tariff truce by 90 daysMild US inflation data lifts Fed rate-cut betsBy Brijesh Patel Aug 13 (Reuters) - Gold edged higher on Wednesday, supported by a weaker dollar after mild U.S. inflation data cemented bets for an interest rate c...Reuters
Wed, Aug 13
US losing out on China soybean sales as Brazil fills key supply period
Chinese crushers buy Brazilian beans amid US-China trade warChicago soybean futures near 5-year lows amid trade uncertaintyUS soybeans around $40/ton cheaper than Brazilian for October shipmentBy Naveen Thukral and Ella Cao SINGAPORE/BEIJING, Aug 13 (Reuters) - U.S. soybean exporters risk missing...Reuters
Wed, Aug 13
French vineyards suffer losses in Aude wildfire
By Henry Gale Aug 13 - (The Insurer) - While France's largest wildfire in 80 years caused limited damage to property, early indications suggest a significant portion of its economic losses will be suffered by vineyards.A "record event in terms of the severity of the fire (and) the speed o...Reuters
Wed, Aug 13
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $62.44 per barrel, down from Tuesday’s close at $62.50.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $65.77 after its previous daily close at $65.84.
Fxstreet
Wed, Aug 13
Chinese rapeseed meal futures rise over 3% after levies on Canadian canola imports
BEIJING, Aug 13 (Reuters) - China's most active Zhengzhou rapeseed meal futures CRSMCV1 rose 3.2% on Wednesday as of 0600 GMT, driven by expectations of tight supplies after Beijing announced levies on canola imports from top supplier Canada.Reuters
Wed, Aug 13
TECHNICALS-CBOT soybeans may retrace to $10.27-1/2 before rising
For more technical analyses, please click SINGAPORE, Aug 13 (Reuters) - The CBOT soybean November contract SX25 may retrace moderately to the support at $10.27-1/2 per bushel, before retesting resistance at $10.38-1/2.Working together with the resistance is the 138.2% projection level of a wave c fr...Reuters
Wed, Aug 13
Drone debris sparks small fire at Russian refinery, authorities say
Aug 13 (Reuters) - A small fire ignited by debris from a destroyed drone was promptly doused at the Slavyansk oil refinery in Russia's region of Krasnodar, authorities said on Wednesday.Russia's air defence units destroyed 46 Ukrainian drones overnight, the defence ministry said on Telegram,...Reuters
Wed, Aug 13
CORRECTED-Drone debris sparks small fire at Slavyansk refinery in Krasnodar, authorities say
Aug 13 (Reuters) - Debris from destroyed drone sparked a small fire that was promptly extinguished at the Slavyansk oil refinery in the Krasnodar region, the administration of the region in Russia's south said on Wednesday. "There are no casualties reported," the administration said on t...Reuters
Wed, Aug 13
TABLE-North Sea gas maintenance schedule: Adds Teesside CATS (Culzean) outage
Aug 13 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAG...Reuters
Wed, Aug 13
China slaps temporary duties on Canadian canola
China imposes preliminary 75.8% anti-dumping duty on Canadian canolaICE November canola futures fall 6.5% after the announcementAustralia could benefit, but cannot fully replace CanadaBy Ella Cao, Lewis Jackson and Naveen Thukral BEIJING/SINGAPORE, Aug 12 (Reuters) - China announced prelimina...Reuters
Wed, Aug 13
GRAINS-Corn rises after deep losses; record supplies to cap gains
USDA forecasts record-breaking corn, soybean yieldsCorn futures rise 0.3% after previous session's 3.2% dropChina imposes anti-dumping duties on Canadian canola importsBy Naveen Thukral SINGAPORE, Aug 13 (Reuters) - Chicago corn futures inched higher on Wednesday, with bargain buying lifting ...Reuters
Wed, Aug 13
China slaps temporary duties on Canadian canola
China imposes preliminary 75.8% anti-dumping duty on Canadian canolaICE November canola futures fall 6.5% after the announcementAustralia could benefit, but cannot fully replace CanadaBy Ella Cao, Lewis Jackson and Naveen Thukral BEIJING/SINGAPORE, Aug 12 (Reuters) - China on Tuesday announce...Reuters
Wed, Aug 13
METALS-Shanghai copper gains as prospects of US rate cut lift sentiment
BEIJING, Aug 13 (Reuters) - Shanghai copper prices ticked up on Wednesday as U.S. inflation data backed expectations for a Federal Reserve interest rate cut next month, although higher stocks kept gains in check.The most-traded copper contract on the Shanghai Futures Exchange SCFcv1 rose 0.43% to 79...Reuters
Wed, Aug 13
Migrants apprehended in marijuana farm raids recount living nightmare
Raids at farms ensnare migrants who lived in the U.S. for decadesOne detained migrant said an agent in military garb hit him on the head, threatened him with gunDHS said 185,000 people have been deported from the U.S. this yearBy Lizbeth Diaz Aug 12 (Reuters) - Yahir remembers growing up in Mexi...Reuters
Wed, Aug 13
Canada Open To Dialogue With China To Address Trade Concerns, Ottawa Says
Aug 12 (Reuters) - CANADA GOVERNMENT: CANADA IS DEEPLY DISAPPOINTED WITH CHINA'S PRELIMINARY ANTI-DUMPING DUTIES ON CANADIAN CANOLA IMPORTSCANADA GOVERNMENT: WE REMAIN READY TO ENGAGE IN CONSTRUCTIVE DIALOGUE WITH CHINESE OFFICIALS TO ADDRESS OUR RESPECTIVE TRADE CONCERNSSource text: https://ww...Reuters
Wed, Aug 13
