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Wildfires, storms fuel 2025 insured losses of $108 billion, Munich Re says
BERLIN, Jan 13 (Reuters) - Global insured losses from natural disasters fell to $108 billion last year, Munich Re said in a report on Tuesday. That compared with an inflation-adjusted $147 billion in 2024, the German reinsurer said, as the U.S. mainland avoided hurricanes for the first time in 10 ye...Reuters
Tue, Jan 13
TECHNICALS-CBOT soybeans may extend loss into $10.32-1/4 to $10.39-1/2 range
For more technical analyses, please click SINGAPORE, Jan 13 (Reuters) - The CBOT soybean March contract SH26 may extend loss into a range of $10.32-1/4 to $10.39-1/2 per bushel on Tuesday due to the deep fall in the last session.The fall strongly suggests the continuation of a downtrend from $11.72-...Reuters
Tue, Jan 13
WRAPUP 2-G7, other allies discuss ways to reduce dependence on Chinese rare earths
G7, Australia, Mexico, South Korea, India meet on rare earths in WashingtonFinance chiefs see 'broad agreement' to cut reliance on Chinese critical mineralsPrice floor for rare earths, new supply partnerships discussed at U.S. TreasuryBy Maria Martinez and Kanishka Singh WASHINGTON, Jan 1...Reuters
Tue, Jan 13
Emergency power cuts imposed in Kyiv after Russian attack damages infrastructure, Ukrenergo says
KYIV, Jan 13 (Reuters) - Ukraine’s grid operator Ukrenergo said emergency power cuts were being implemented in Kyiv on Tuesday after infrastructure was damaged in an overnight Russian attack.In its post on the Telegram messaging app, Ukrenergo gave no immediate details on the scale of the damage or ...Reuters
Tue, Jan 13
BREAKINGVIEWS-BHP can turn M&A exclusion to its advantage
By Antony Currie MELBOURNE, Jan 13 (Reuters Breakingviews) - Mike Henry really wants to cement his tenure atop BHP BHP.AX with a big deal. Yet with multiple media reports suggesting his six years as CEO may come to a close in 2026, he has little to show for it. He has failed twice to bag preferre...Reuters
Tue, Jan 13
Gold consolidates below $4,600, remains close to record high as US CPI report looms
Gold (XAU/USD) is seen consolidating below the all-time peak, touched the previous day, and the $4,600 mark during the Asian session on Tuesday as traders opt to wait for the release of the latest US consumer inflation figures.
Fxstreet
Tue, Jan 13
WRAPUP 11-Trump weighs response to Iran crackdown, Tehran says communication open with US
Trump considers range of options, including military action against IranIran says it is maintaining communications with US envoyMass protests pose major challenge to clerics' ruleDeath toll rises to 646, rights group says No signs of splits in clerical leadership or security forcesBy Jana Chouke...Reuters
Tue, Jan 13
TECHNICALS-US oil may extend gains into $60.19-$60.54 range
For more technical analyses, click SINGAPORE, Jan 13 (Reuters) - U.S. oil CLc1 may extend gains into a range of $60.19 to $60.54 per barrel, driven by a wave C. The contract has briefly pierced above a key barrier at $59.63, the 100% projection level of the wave C. This latest move suggests an exten...Reuters
Tue, Jan 13
Oil prices gain on Iran supply disruption concerns
Jan 13 (Reuters) - Oil prices edged higher on Tuesday, as heightened concerns surrounding Iran and potential supply disruptions outweighed the prospect of increased crude supply from Venezuela.Brent futures LCOc1 gained 28 cents, or 0.4% to $64.15 a barrel by 0101 GMT, hovering near a two-month high...Reuters
Tue, Jan 13
Oil prices settle at 7-week high on worries about Iran exports
Geopolitical risks from Iran, Venezuela and Russia drive oil price volatilityPresident Trump weighs responses to the crackdown on protests in IranVenezuela is set to resume oil exports after Maduro's ousterBy Scott DiSavino NEW YORK, Jan 12 (Reuters) - Oil prices climbed and settled at se...Reuters
Tue, Jan 13
Gold smashes $4,600 record as Powell charges ignite haven frenzy
Gold (XAU/USD) rallies to new record high past $4,600 on Monday due to safe-haven flows courtesy of the US Department of Justice, which presented charges against the Federal Reserve Chair Jerome Powell over the building’s renovations. At the time of writing, XAU/USD trades at $4606, up more than 2%.Fxstreet
Tue, Jan 13
Gold Price Forecast: XAU/USD jumps above $4,600 on Fed uncertainty, safe-haven flows
Gold Price (XAU/USD) jumps to near $4,600 during the early Asian session on Tuesday. The precious metal extends the rally after retreating from a fresh record high of $4,630 in the previous session amid uncertainty and geopolitical risks.Fxstreet
Tue, Jan 13
Vitol, Trafigura offer Venezuelan oil to Indian, Chinese refiners for March delivery, sources say
NEW DELHI/SINGAPORE, Jan 12 (Reuters) - Vitol and Trafigura have started discussions on Venezuelan crude oil sales with refiners in India and China for cargoes to be delivered in March, several trade sources said on Monday.The global commodities traders confirmed on Fr...Reuters
Tue, Jan 13
At least two supertankers depart Venezuelan waters carrying oil
By Marianna Parraga Jan 12 (Reuters) - At least two supertankers, not under sanctions, were departing Venezuelan waters on Monday carrying crude, according to monitoring service Tankertrackers.com and shipping records from state-run company PDVSA seen by Reuters.Venezuela's oil exports had re...Reuters
Mon, Jan 12
US Cash Crude-Grades rise as WTI-Brent spread widens
HOUSTON, Jan 12 (Reuters) - Grades rose on Monday, dealers said as the discount between Brent and U.S. West Texas Intermediate crude widened for the sixth straight session. The spread between WTI and Brent widened to as much as minus $4.60 during the session. A spread larger than minus $4 typically...Reuters
Mon, Jan 12
US judge lets Denmark's Orsted resume Rhode Island offshore wind project that Trump halted
Judge rejects national security concerns as justification for project haltOrsted plans to resume work on Revolution Wind immediatelyInterior Department's pause criticized for lack of transparency and due processBy Blake Brittain and Nichola Groom Jan 12 (Reuters) - A federal judge on Monday c...Reuters
Mon, Jan 12
Ukraine picks US-linked investors to develop Dobra lithium deposit
Jan 12 (Reuters) - A U.S.-linked investor group won the rights to develop Ukraine’s Dobra lithium deposit, Kyiv said on Monday, a test case for drawing Western capital into a frontline economy while trying to deepen ties with Washington.Ukraine awarded development rights for the Dobra site in the ce...Reuters
Mon, Jan 12
LIVESTOCK-CME cattle futures gain as corn costs plunge
By Karl Plume CHICAGO, Jan 12 (Reuters) - Chicago Mercantile Exchange cattle futures climbed on Monday after the U.S. Department of Agriculture said the country's record-large feed corn harvest would be even bigger than expected and as the stock market scaled to fresh highs, traders said.Conc...Reuters
Mon, Jan 12
