News
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Russia's Rusagro founder Moshkovich pleads not guilty, Interfax reports
MOSCOW, March 27 (Reuters) - Russia's Rusagro founder Vadim Moshkovich pleaded not guilty to fraud, Russian news agency Interfax reported on Thursday.Moshkovich, 57, the billionaire who was indicted on Wednesday on charges of large-scale fraud. Russian prosecutors seek for him a pre-trial detent...Reuters
Thu, Mar 27
ASIA COFFEE-Farmers hold off selling in Vietnam, tight supplies in Indonesia
HANOI, March 27 (Reuters) - Supply of robusta beans tightened in Vietnam and Indonesia, with Vietnamese farmers refraining from selling the bean on hopes of higher profit, and scarce supplies in Indonesia at the end of the harvest season, traders said on Thursday.Reuters
Thu, Mar 27
TABLE-Asian physical rubber prices - March 27
March 27 (Reuters) - GradePricesThai RSS3 (April)82.79 baht/kgThai STR20 (April)74.51 baht/kgThai 60-percent latex (bulk/April)51.84 baht/kgMalaysia SMR20 (April)$2.02/kgIndonesia SIR20 N/A NOTE: Prices are sourced from the Rubber Authority of Thailand, the Malaysian Rubber Board, the Interna...Reuters
Thu, Mar 27
Singapore fuel oil stockpiles extend rise, back above 20 mln barrels
SINGAPORE, March 27 (Reuters) - Singapore onshore fuel oil stockpiles rose for a third week to a 13-week high, data showed on Thursday.Residue inventories STKRS-SIN were at 21.708 million barrels in the week to March 26, up 10.7% from the previous week, Enterprise Singapore data showed. O/SING1Still...Reuters
Thu, Mar 27
Russia's Rusagro loses a third of its value after Moshkovich detained
MOSCOW, March 27 (Reuters) - Rusagro, Russia's leading producer of sugar, meat, oil and fat products, has lost nearly a third of its market value on the Moscow stock exchange since news of the detention of its billionaire founder Vadim Moshkovich emerged on Wednesday.Rusagro shares fell to an in...Reuters
Thu, Mar 27
METALS-London copper edges higher; subdued dollar lends support
NEW DELHI, March 27 (Reuters) - Copper prices in London edged up on Thursday, with markets tracking inflows of the industrial metal to the U.S. as demand rose ahead of potential tariffs, and a downward move in the dollar index further lent support.The benchmark three-month copper CMCU3 on the London...Reuters
Thu, Mar 27
RUBBER-Japan futures snap four-session rally on US auto tariffs
SINGAPORE, March 27 (Reuters) - Japanese rubber futures snapped a four-session rally on Thursday as fresh U.S. automobile tariffs dampened demand prospects for the tyre-making material, though supply concerns cushioned the fall.The Osaka Exchange (OSE) rubber contract for August delivery JRUc6, 0#...Reuters
Thu, Mar 27
U. S. Steel Says Initial Letter To Stockholders Had "Incorrect Allegations" About Fred Disanto
March 27 (Reuters) - United States Steel Corp X.N:U. S. STEEL ISSUES UPDATED LETTER TO STOCKHOLDERSUNITED STATES STEEL CORP - INITIAL LETTER INCLUDED "INCORRECT ALLEGATIONS" REGARDING FRED DISANTOUNITED STATES STEEL CORP - U. S. STEEL APOLOGIZES FOR ERRORS IN INITIAL LETTERReuters
Thu, Mar 27
Citi cuts copper price forecast, sees 25% US import tariff in second quarter
March 27 (Reuters) - Citi Research forecast that a 25% U.S. copper import tariff would be imposed in the second quarter of this year and lowered its three-month price outlook to $9,500 per metric ton, down from $10,000 per ton, the brokerage said in a note on Thursday.Last month, U.S. President Dona...Reuters
Thu, Mar 27
ANZ Expects Tariffs To Override Fundamentals In Energy Markets
March 27 (Reuters) - ANZ:"WITH EUROPE’S GAS INVENTORIES LIKELY TO REMAIN BELOW TARGETS, WE EXPECT ITS LNG DEMAND TO REMAIN HIGH THROUGH THE 2025-26 WINTER"EXPECTS CENTRAL BANK PURCHASES AND STRATEGIC FUND FLOWS INTO GOLD WILL PUSH PRICES HIGHER TOWARDS $3,200/OZ OVER NEXT SIX MONTHSEXPECTS T...Reuters
Thu, Mar 27
Russia soon to begin to build road bridge to North Korea
MOSCOW, March 27 (Reuters) - Russia and North Korea will soon begin construction of a road bridge over the Tumen river between the two countries, Russia's ambassador to Pyongyang was quoted as saying by state news agency RIA.The bridge was agreed during a visit by President Vladimir Putin to Nor...Reuters
Thu, Mar 27
Goldman & BofA Raise Gold Price Targets: Persistent Macro Risks Drive Surge in Gold ETF Buying
TradingKey – Despite gold prices surging 15% in 2025 to reach record highs, Wall Street is once again raising its gold price targets amid growing uncertainty fueled by U.S. tariff policies and geopolitical tensions.
TradingKey
Thu, Mar 27
Gold price refreshes weekly top; seems poised to appreciate further amid trade jitters
Gold price (XAU/USD) attracts fresh buyers following the previous day's flat close and climbs to a fresh weekly high, around the $3,038-3,039 region during the Asian session on Thursday. US President Donald Trump unveiled a 25% tariff on imported cars and light trucks starting next week, widening thFxstreet
Thu, Mar 27
