News
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CORRECTED-ASIA COFFEE-Vietnam trade quiet amid holidays, rain hampers harvest
Corrects percentage change in paragraph 5 to 0.7%, not 09.7%By Khanh VuHANOI, Dec 26 (Reuters) - Coffee trading activity in Vietnam continued to be quiet on Thursday amid the holidays, while the ongoing harvest in the country's main growing area is being hampered by unusual rains. Farmers in the Cen...Reuters
Thu, Dec 26
Oil edges up on China stimulus hopes, US inventory drop
SINGAPORE/LONDON, Dec 26 (Reuters) - Oil edged higher on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, and supported by an industry report showing a decline in U.S. crude inventories.
Reuters
Thu, Dec 26
BRIEF-Marathon Carson, California Refinery Reports Unplanned Flaring
Dec 26 (Reuters) - MARATHON PETROLEUM CORP MPC.N REPORTS UNPLANNED FLARE EVENT AT CARSON, CALIFORNIA REFINERYSOURCE: SOUTH COAST AIR QUALITY MANAGEMENT DISTRICT FILING CAPACITY: 365,000 BARRELS PER DAY ((Reuters.Briefs@thomsonreuters.com;))Reuters
Thu, Dec 26
ASIA COFFEE-Vietnam trade quiet amid holidays, rain hampers harvest
By Khanh VuHANOI, Dec 26 (Reuters) - Coffee trading activity in Vietnam continued to be quiet on Thursday amid the holidays, while the ongoing harvest in the country's main growing area is being hampered by unusual rains. Farmers in the Central Highlands, Vietnam's largest coffee-growing region, sol...Reuters
Thu, Dec 26
TABLE-UAE's Fujairah oil inventory data for week ended Dec 23
Dec 26 (Reuters) - The Fujairah Oil Industry Zone on Wednesday published the following inventory data for oil products for the week ended Dec. 23, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume cha...Reuters
Thu, Dec 26
Singapore fuel oil stocks stay elevated after UAE imports jump
SINGAPORE, Dec 26 (Reuters) - Onshore fuel oil storage volumes in Singapore slipped from a multi-year high touched last week, but hovered above 20 million barrels on higher imports from the United Arab Emirates, official data showed on Thursday.Residue inventories STKRS-SIN in the week to Dec. 25 we...Reuters
Thu, Dec 26
PRECIOUS-Gold gains on geopolitical turmoil; Fed, Trump's 2025 policies in focus
Hamas and Israel blame each other for ceasefire delayGold likely to remain near current levels at year-end - analystBullion has risen by 27% so far in 2024Updates with mid-session tradingBy Daksh Grover Dec 26 (Reuters) - Gold rose on Thursday in light holiday trading, boosted by safe-haven deman...Reuters
Thu, Dec 26
METALS-Shanghai metals mixed, strong dollar caps gains
Updates pricesBy Violet Li and Mei Mei Chu SHANGHAI, Dec 26 (Reuters) - Base metals on the Shanghai Futures Exchange (SHFE) were mixed on Thursday as positive macroeconomic news from China provided some support, but a strong dollar index limited the rise."Recent fiscal meetings in China have intr...Reuters
Thu, Dec 26
Gold gains on weak dollar, geopolitical turmoil; Fed, Trump's 2025 policies in focus
Dec 26 (Reuters) - Gold gained on Thursday in light holiday trading, boosted by slight weakness in the U.S. dollar and geopolitical tensions, as investors eyed Federal Reserve's 2025 rate strategy and Donald Trump's tariff policies, which could shape the metal's trajectory next year.
UPDATE 1-Oil prices edge higher on hopes for more China stimulus
Updates with analyst comment, latest pricesBy Yuka Obayashi and Emily Chow TOKYO, Dec 26 (Reuters) - Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, while an anticipated decline in U.S. crude i...Reuters
Thu, Dec 26
METALS-Shanghai metals mixed, strong dollar caps gains
Updates pricesBy Violet Li and Mei Mei Chu SHANGHAI, Dec 26 (Reuters) - Base metal prices on the Shanghai Futures Exchange (SHFE) were mixed on Thursday as positive macroeconomic news from China provided some support, but a strong dollar index limited the rise. "Recent fiscal meetings in Chi...Reuters
Thu, Dec 26
PRECIOUS-Gold gains on weak dollar, geopolitical turmoil; Fed, Trump's 2025 policies in focus
Hamas and Israel blame each other for ceasefire delayGold likely to remain near current levels at year-end - analystBullion has risen by about 27% so far in 2024Updates with Asia morning tradeBy Daksh Grover Dec 26 (Reuters) - Gold gained on Thursday in light holiday trading, boosted by slight we...Reuters
Thu, Dec 26
TECHNICALS-CBOT soybeans may test resistance at $9.91-1/4
For more technical analyses, please click TECH/CSINGAPORE, Dec 26 (Reuters) - The CBOT soybean March contract SH25 may test resistance at $9.91-1/4 per bushel, a break above which could open the way towards $10.08-1/4.The lower resistance at $9.80-1/2 only triggered a shallow correction, which seems...Reuters
Thu, Dec 26
Sailing-Master Lock Comanche leads the way as Sydney to Hobart race gets underway
SYDNEY, Dec 26 (Reuters) - Favourites Master Lock Comanche and LawConnect took the early lead in the 79th running of the Sydney to Hobart yacht race on Thursday, as the supermaxis led the 104 boats out into the South Pacific.LawConnect, which won line honours last year in a thrilling finish by just ...Reuters
Thu, Dec 26
METALS-Most Shanghai metals edge up, but strong dollar caps gains
By Violet Li and Mei Mei Chu SHANGHAI, Dec 26 (Reuters) - Most base metals on the Shanghai Futures Exchange (SHFE) gained on Thursday, buoyed by positive macroeconomic news from China. However, a strong dollar index limited the rise."Recent fiscal meetings in China have introduced proactive fisca...Reuters
Thu, Dec 26
PRECIOUS-Gold edges higher in holiday trade; eyes on Fed's 2025 plan
Dec 26 (Reuters) - Gold inched higher on Thursday in holiday-thinned trade, as investors focused on the U.S. Federal Reserve's interest rate strategy and anticipated tariff policies under President-elect Donald Trump, both of which could influence the metal's direction in the coming year.FUNDAMENTALReuters
Thu, Dec 26
Oil prices edge higher on hopes for more China stimulus
TOKYO, Dec 26 (Reuters) - Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, while an anticipated decline in U.S. crude inventories also provided support.Reuters
Thu, Dec 26
