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METALS-Metals rise on dollar weakness, but trade jitters cap gains
SHANGHAI, March 17 (Reuters) - Metals were mostly trading higher on the London Metals Exchange on Monday, supported by a weaker dollar, although concerns over U.S. tariffs limited the gains.Benchmark three-month copper CMCU3 on the London Metals Exchange was up 0.3% at $9,810 a metric ton, as of 075...
Reuters
Mon, Mar 17
Stafford Capital raises record $1.1 billion for tenth timber fund
The biggest secondaries fund raised to-date, CEO says Also among the largest timber funds of any type raisedStrong demand from pension schemes, many existing investorsBy Simon JessopLONDON, March 17 (Reuters) - Stafford Capital Partners has raised $1.1 billion for one of the world's biggest timb...
Reuters
Mon, Mar 17
Exclusive: NormanMax 3939 investors face $15 million cash call after 2024 loss
By Henry GaleMarch 17 - (The Insurer) - Investors in NormanMax Syndicate 3939 are facing a $15 million cash call after the parametric-focused underwriter recorded a loss in 2024, according to a source close to the syndicate.The cash call has been issued to participants in the syndicate's 2024 ye...
Reuters
Mon, Mar 17
ICE Futures Europe Dutch TTF Natural Gas Futures, Options Contracts Will Be Suspended From Trading, ICE Says
March 17 (Reuters) - INTER CONTINENTAL EXCHANGE:SAYS EFFECTIVE IMMEDIATELY, ICE FUTURES EUROPE DUTCH TTF NATURAL GAS FUTURES AND OPTIONS CONTRACTS WILL BE SUSPENDED FROM TRADING
Reuters
Mon, Mar 17
Indonesia agrees to extend Freeport Indonesia's copper export permit, minister says
JAKARTA, March 17 (Reuters) - Indonesia has agreed to issue a copper export permit extension to miner Freeport Indonesia, the energy minister said on Monday.
Reuters
Mon, Mar 17
Alaskan officials to seek investors in Japan as Trump touts LNG
Alaska wants investors for proposed $44 billion LNG pipelineJapanese firms have yet to commit to Alaska LNG projectTrump's Japan ambassador says he will pursue LNG commitment By Katya Golubkova, Yuka Obayashi and Tim Kelly TOKYO, March 17 (Reuters) - Alaskan state representatives will visit J...
Reuters
Mon, Mar 17
ExxonMobil Australia, Woodside approve final investment decision for $221 million gas project
March 17 (Reuters) - ExxonMobil's XOM.N Australian unit said on Monday that its Gippsland Basin joint venture with Woodside Energy WDS.AX has approved its final investment decision to develop the Turrum Phase 3 project, targeting underdeveloped gas resources. The approval is for the A$350 millio...
Reuters
Mon, Mar 17
TECHNICALS-CBOT soybeans to retest resistance at $10.22 after shallow fall
For more technical analyses, please click SINGAPORE, March 17 (Reuters) - The CBOT soybean May contract SK25 is expected to retest resistance at $10.22 per bushel, probably after a shallow correction to $10.11-1/4.The resistance is identified as the 61.8% projection level of a wave C from $9.94, whi...
Reuters
Mon, Mar 17
FACTBOX-Goldman cuts oil price views on slower demand growth expectations, higher OPEC+ supply
March 17 (Reuters) - Goldman Sachs has lowered its average 2026 forecasts for Brent and WTI crude oil prices, citing slower oil demand growth prospects, and expectations of higher OPEC+ supply.The bank also expects Brent at $71 per barrel in December 2025, down $5 from its previous forecast, and see...
Reuters
Mon, Mar 17
Trump says no exemptions on US steel and aluminum tariffs
ABOARD AIR FORCE ONE, March 17 (Reuters) - U.S. President Donald Trump said he has no intention of creating exemptions on steel and aluminum tariffs and said reciprocal and sectoral tariffs will be imposed on April 2.Last month, Trump raised tariffs on imports of steel and aluminum to a flat 25%, wi...
Reuters
Mon, Mar 17
Goldman revises 2026 price forecast for Brent, WTI
March 16 (Reuters) - Goldman Sachs has revised its 2026 average price forecast for Brent to $68 and WTI to $64, the bank said in a note dated on Sunday.
WTI
Reuters
Mon, Mar 17
Gold price sits near record high, continues to draw support from the global flight to safety
Gold price (XAU/USD) struggles to attract any meaningful buyers on Monday, though it remains close to the all-time top – levels beyond the $3,000 psychological mark touched on Friday. Against the backdrop of concerns about escalating trade tensions and a global trade war, geopolitical tensions...
Gold
Fxstreet
Mon, Mar 17
Silver Price Forecast: XAG/USD holds below $34.00 as traders await US Retail Sales release
The Silver price (XAG/USD) edges lower to around $33.80 after reaching its highest level since October 31, 2024, during the Asian trading hours on Monday.
Silver
Fxstreet
Mon, Mar 17
US meat exports at risk as China lets registrations lapse
By Mei Mei Chu BEIJING, March 17 (Reuters) - Export registrations for more than 1,000 U.S. meat plants granted by China under the 2020 "Phase 1" trade deal lapsed on Sunday, China's customs website showed, threatening U.S. exports to the world's largest buyer amid an ongoing tarif...
Reuters
Mon, Mar 17
Trump says no exemptions on steel and aluminum tariffs
ABOARD AIR FORCE ONE, March 17 (Reuters) - U.S. President Donald Trump said he has no intention of creating exemptions on steel and aluminum tariffs and said reciprocal and sectoral tariffs will be imposed on April 2.Speaking to reporters on Air Force One, Trump said reciprocal duties on U.S. tradin...
Reuters
Mon, Mar 17
GRAINS-Wheat rebounds on lower Russian export forecast; corn, soybeans rise
Chicago wheat gains 1.2%, kicks of week on bullish toneCorn, soybeans firm; trade war worries cap pricesBy Naveen Thukral SINGAPORE, March 17 (Reuters) - Chicago wheat futures bounced back on Monday, rising more than 1% as expectations of lower exports from top supplier Russia boosted hopes of hi...
Reuters
Mon, Mar 17
WTI remains solid around $67.50 due to China’s stimulus measures, Middle-East tensions
West Texas Intermediate (WTI) Oil price extends its winning streak for a second consecutive session, trading around $67.40 per barrel during Asian market hours on Monday.
WTI
Fxstreet
Mon, Mar 17
China January, February crude steel output falls despite better margins
BEIJING, March 17 (Reuters) - China's crude steel output in the first two months of 2025 slid 1.5% from a year earlier, official data showed on Monday, despite better margins and stronger exports.
Reuters
Mon, Mar 17
PRESS DIGEST-British Business - March 17
March 17 (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 TimesBritain's 16 biggest regulators will be given performance reviews by ministers and set targets for cutting re...
Reuters
Mon, Mar 17
METALS-Metals rise on dollar weakness,but trade jitters cap gains
SHANGHAI, March 17 (Reuters) - Metal prices on the London Metals Exchange were mostly trading higher on Monday, supported by a weaker dollar, although concerns over U.S. tariffs limited the gains. Benchmark three-month copper CMCU3 on the London Metals Exchange was up 0.4% at $9,814.5 a metric ton, ...
Reuters
Mon, Mar 17
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