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US Commerce Secretary, New Delhi give differing accounts of breakdown in India trade talks
By Shivangi Acharya and Shivam Patel NEW DELHI, Jan 9 (Reuters) - India's trade pact with the United States stalled last year because Prime Minister Narendra Modi did not make a telephone call to President Donald Trump ahead of a deal, Commerce Secretary Howard Lutnick said on Friday, giving...Reuters
Fri, Jan 9
Gold consolidates as traders brace for US NFP
Gold (XAU/USD) trades little changed on Friday as markets turn cautious ahead of the US Nonfarm Payrolls (NFP) report due at 13:30 GMT. At the time of writing, XAU/USD trades around $4,470, consolidating after bouncing from the $4,400 region on Thursday.
Fxstreet
Fri, Jan 9
Ambani's Reliance Jio considers 2.5% public offering in 2026 India IPO, sources say
Ambani's Reliance Jio IPO is India's most awaited in 2026Reliance waiting for regulation change as it is eager to list only 2.5%, sources sayJefferies has valued the business at $180 billion Ambani has said target for listing is first half of 2026By Amy-Jo Crowley, Jayshree P Upadhyay, Kane...Reuters
Fri, Jan 9
Gold Price Forecast: XAU/USD picks up within range aiming for $4,500
Gold (XAU/USD) sellers were halted at the $4,400 support area on Thursday, and bounced up to the highest range of the $4,400s, aiming for the $4,500 area with precious metals buoyed amid a moderate risk aversion on Friday.Fxstreet
Fri, Jan 9
GRAINS-Soybeans rise with China demand in focus
By Daphne Zhang and Gus Trompiz BEIJING/PARIS, Jan 9 (Reuters) - Chicago soybean futures rose on Friday to stay on track for a weekly gain, bolstered by higher oil prices and continued Chinese demand for U.S. supplies. Wheat and corn eased after reaching their highest in over a week on Thursday, ...Reuters
Fri, Jan 9
Meta strikes nuclear power agreements with three companies
Agreements to provide up to 6.6 gigawatts of power, Meta saysMeta strikes 20-year power purchase agreements with VistraSupports development of small nuclear reactors By Timothy Gardner WASHINGTON, Jan 9 (Reuters) - Meta Platforms META.O said on Friday it struck 20-year agreements to buy power fr...Reuters
Fri, Jan 9
CORRECTED-GLOBAL LNG-Asia spot prices slip on tepid demand
By Emily ChowSINGAPORE, Jan 9 (Reuters) - Asia spot liquefied natural gas prices edged lower this week, weighed by tepid demand in the region and ample supply conditions.The average LNG price for February delivery into Northeast Asia LNG-AS was estimated at $9.50 per million British thermal units (m...Reuters
Fri, Jan 9
How Trump's tariffs ricochet through a Southern California business park
Tariffs impact businesses in Rye Canyon differentlySupreme Court may rule on Trump's emergency tariffs soonSome businesses adapt, others struggle with tariff costsBy Timothy AeppelVALENCIA, California, Jan 9 (Reuters) - America's trade wars forced Robert Luna to hike prices on the rustic woo...Reuters
Fri, Jan 9
Meta strikes nuclear power agreements with three companies
Agreements to provide up to 6.6 gigawatts of power, Meta saysMeta strikes 20-year power purchase agreements with VistraSupports development of small nuclear reactors By Timothy Gardner WASHINGTON, Jan 9 (Reuters) - Meta Platforms META.O said on Friday it struck 20-year agreements to buy power fr...Reuters
Fri, Jan 9
FACTBOX-White House gathers oil majors, traders, drillers on Venezuela
By Jarrett RenshawJan 9 (Reuters) - The White House is convening a meeting on Friday with major U.S. and international oil companies to discuss potential investment in Venezuela’s energy sector, as the administration weighs ways to revive crude output in the sanctions-hit country, according to a Whi...Reuters
Fri, Jan 9
CORRECTED-Ambani's Reliance Jio considers 2.5% public offering in 2026 India IPO, sources say
Ambani's Reliance Jio IPO is India's most awaited in 2026Reliance waiting for regulation change as it is eager to list only 2.5%, sources sayJefferies has valued the business at $180 billion Ambani has said target for listing is first half of 2026By Amy-Jo Crowley, Jayshree P Upadhyay, Kane...Reuters
Fri, Jan 9
China's Sinograin to hold 4th soybean auction as US shipments near arrival
BEIJING, Jan 9 (Reuters) - China's Sinograin will auction 1.1 million metric tons of imported soybeans on January 13, its first sale of the year and the fourth since last month, as the state stockpiler works to make room for arriving U.S. shipments.The sale, scheduled for 1:30 p.m. (0530 GMT), w...Reuters
Fri, Jan 9
Moscow says US freed two Russian crew members from seized oil tanker at its request
MOSCOW, Jan 9 (Reuters) - The Russian Foreign Ministry said on Friday that the United States had released two Russian crew members from a Russian-flagged oil tanker seized on Wednesday in the Atlantic Ocean.In a statement, Maria Zakharova, the ministry's spokesman said: "We welcome this deci...Reuters
Fri, Jan 9
EU countries expected to clear signing of record Mercosur trade deal
Deal aims to offset U.S. tariffs, reduce reliance on ChinaFrance opposes deal due to impact on domestic farmersAccord will still require European Parliament's approvalSafeguards include import controls, crisis fund for farmersBy Philip Blenkinsop BRUSSELS, Jan 9 (Reuters) - EU nations are exp...Reuters
Fri, Jan 9
TABLE-North Sea gas maintenance schedule: Adds Nyhamna outage
Jan 9 (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.OPERATORLOCATIONOUTAGE...Reuters
Fri, Jan 9
TECHNICALS-CBOT soybeans may retest resistance at $10.70
For more technical analyses, please click SINGAPORE, Jan 9 (Reuters) - The CBOT soybean March contract SH26 may retest resistance at $10.70 per bushel; a break above that could lead to a gain into the $10.75-3/4 to $10.81-1/2 range.A correction triggered by the resistance seems to have ended around ...Reuters
Fri, Jan 9
WTI slips toward $58.00 as rising global inventories fuel oversupply concerns
West Texas Intermediate (WTI) Oil price loses ground after registering over 4% gains in the previous session, trading around $58.10 per barrel during the Asian hours on Friday. Oil prices depreciate amid rising global inventories and oversupply.
Fxstreet
Fri, Jan 9
