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PRECIOUS-Gold falls as Trump backs down from threat to fire Fed chief
Spot gold hit $3,500 per ounce on TuesdayNo plans to dismiss Fed's Powell, Trump saysTrump says China tariffs will fall substantially after a dealBy Anmol Choubey April 23 (Reuters) - Gold prices fell more than 2% on Wednesday as U.S. President Donald Trump backed down from threats to dismiss...Reuters
Wed, Apr 23
METALS-London copper near 3-week high on hopes of US-China tensions easing
NEW DELHI, April 23 (Reuters) - Copper prices in London hit a near three-week high on Wednesday following U.S. President Donald Trump's comments about a trade deal with China, signalling a de-escalation in tensions, but a stronger dollar limited sharper gains.The benchmark three-month copper CMC...Reuters
Wed, Apr 23
Waaree Energies Exec: Closely Watching Evolving Situation In U.S For Investment In Texas Facility
April 23 (Reuters) - WAAREE ENERGIES EXEC WAAN.NS:WAAREE ENERGIES EXEC: SEE FY26, FY27 ORDER BOOK TO BE SOLIDWAAREE ENERGIES EXEC: CLOSELY WATCHING EVOLVING SITUATION IN US FOR INVESTMENT IN US FACILITYWAAREE ENERGIES EXEC: INDIAN CELLS HAVE HUGE POTENTIAL IN US MARKET DUE TO TARIFF ADVANTAGESReuters
Wed, Apr 23
PRESS DIGEST -Wall Street Journal - April 23
April 23 (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.- U.S. President Donald Trump on Tuesday backed off from threats to fire Federal Reserve Chair Jerome Powell after days of intensifying crit...Reuters
Wed, Apr 23
Fresnillo Q1 Silver Production Down 9.7% Versus Q4 2024
April 23 (Reuters) - Fresnillo PLC FRES.L:FRESNILLO PLC - FIRST QUARTER PRODUCTION REPORTFRESNILLO PLC - Q1 SILVER PRODUCTION DOWN 9.7% VERSUS. Q4 2024FRESNILLO PLC - Q1 GOLD PRODUCTION DOWN 23.5% VERSUS. Q4 2024FRESNILLO PLC - Q1 GOLD PRODUCTION UP 10.8% VERSUS. Q1 2024FRESNILLO PLC - 2025 SILVER ...Reuters
Wed, Apr 23
WTI extends gains to near $64.00 on Iran sanctions, falling US inventories
West Texas Intermediate (WTI) Oil price extends its rally for a second straight session, trading around $63.90 per barrel during Asian hours on Wednesday. The continued rise in Oil prices comes amid fresh United States (US) sanctions on Iran and signs of tightening supply.
Fxstreet
Wed, Apr 23
Brazil urging tougher emissions goals ahead of climate summit, sources say
Brazil president, UN chief set online meeting with 35 countriesGoals in Paris accord harder to reach with Trump pulling US outBrazil trying to convince China to cut more emissions, close gapBy Manuela Andreoni and Lisandra ParaguassuBRASILIA, April 23 (Reuters) - Brazil, which hosts this year's ...Reuters
Wed, Apr 23
Silver Price Forecast: XAG/USD holds position above $32.50 despite easing Fed concerns
Silver price (XAG/USD) retraces its recent losses from the previous session, trading around $32.70 per troy ounce during the Asian hours on Wednesday. However, prices of grey metal faced headwinds as investor optimism grew over the Federal Reserve's (Fed) independence.
Fxstreet
Wed, Apr 23
PRESS DIGEST-British Business - April 23
April 23 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- Britain's state-owned GB Energy will avoid using solar panels tied to Chinese slave labor after Energy Mini...Reuters
Wed, Apr 23
TECHNICALS-CBOT soybeans biased to retest support at $10.41-3/4
For more technical analyses, please click SINGAPORE, April 23 (Reuters) - The CBOT soybean July contract SN25 is biased to retest support at $10.41-3/4 per bushel as a top seems to be forming.The contract has been consolidating within a range of $10.41-$10.59. The consolidation was mainly due to a s...Reuters
Wed, Apr 23
GRAINS-Soybeans hit 2-month high on hopes of easing US-China trade woes
Hopes for de-escalation in US-China trade tensions lift soybean pricesEU crop monitor nudges up 2025 soft-wheat yield forecastBy Naveen Thukral SINGAPORE, April 23 (Reuters) - Soybeans gained more ground on Wednesday, rising to a two-month high, underpinned by expectations of a de-escalation in t...Reuters
Wed, Apr 23
China asks Korea not to supply products using rare earths to US defence firms, paper reports
China warns Korean firms of sanctions over rare earth exports - report China's export restrictions part of response to U.S. tariffsSouth Korea holds stockpiles, plans talks with U.S. on tariffs SEOUL, April 23 (Reuters) - Beijing recently asked South Korean companies not to ship products cont...Reuters
Wed, Apr 23
METALS-London copper near three-week high on US-China de-escalation hopes
NEW DELHI, April 23 (Reuters) - Copper prices in London hit a near three-week high on Wednesday following U.S. President Donald Trump's comments about a trade deal with China, signalling a de-escalation in tensions but a stronger dollar limited sharper gains.The benchmark three-month copper CMCU...Reuters
Wed, Apr 23
RUBBER-Japanese futures rise on trade hopes, but supply outlook caps gains
SINGAPORE, April 23 (Reuters) - Japanese rubber futures edged higher on Wednesday, supported by expectations of a de-escalation in trade tensions between the U.S. and top consumer China, though gains were limited by a firmer supply outlook. The Osaka Exchange (OSE) rubber contract for September de...Reuters
Wed, Apr 23
Goldman Sachs Sees Downside Risk To $3.90/Mmbtu Sum25 US Gas Price Forecast
April 23 (Reuters) - GOLDMAN SACHS: SAYS "POSSIBILITY OF STRENGTH IN PRODUCTION LINGERING THROUGH SUMMER POSES A DOWNSIDE RISK TO OUR $3.90/MMBTU SUM25 US GAS PRICE FORECAST"SAYS BUT EVEN IF THAT RISK FULLY REALIZES, THEY ESTIMATE ITS SOFTENING IMPACT ON BALANCES CAN BE REVERSED BY INCREASED...Reuters
Wed, Apr 23
JP Morgan see gold prices crossing $4,000/oz by Q2 2026
April 22 (Reuters) - JP Morgan sees gold prices crossing the $4,000 per ounce milestone next year, following increased recession probabilities amid boosted U.S. tariffs and an ongoing U.S.-China trade war, the bank said in a note on Tuesday.Reuters
Wed, Apr 23
PRECIOUS-Gold eases as Trump backs off from threats to fire Fed Chair
April 23 (Reuters) - Gold prices declined on Wednesday after U.S. President Donald Trump backed off threats to fire the Federal Reserve chair and U.S. Treasury Secretary Scott Bessent hinted at easing trade tensions, denting the metal's safe-haven appeal.FUNDAMENTALS* Spot gold XAU= fell 1.2% to...Reuters
Wed, Apr 23
Trump tariffs threaten to pile more pain on Thailand's rice sector
Thai jasmine rice exports to US worth $735 million last yearFarmers struggle with high production costs and low yieldsThai farmers fear impact of US corn import concessionsBy Chayut Setboonsarng and Panarat Thepgumpanat NAKHON PATHOM, Thailand, April 23 (Reuters) - Thai farmer Daeng Donsingha was...Reuters
Wed, Apr 23
