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METALS-London copper falls on US tariff woes, softer dollar caps decline
NEW DELHI, March 10 (Reuters) - London copper prices edged lower on Monday as traders assessed uncertainties surrounding U.S. tariff policies, although a weaker dollar helped limit the downside.Three-month copper on the London Metal Exchange (LME) CMCU3 fell 0.6% to $9,552 a metric ton as of 0740 GM...Reuters
Mon, Mar 10
China says fees on ships linked to it will not revitalise US industry
BEIJING, March 10 (Reuters) - A plan by the United States to levy fees on China-linked ships will hurt global supply and industrial chains and undermine the interests of U.S. companies, China's foreign ministry said on Monday.The move will not revitalise the U.S. shipbuilding industry, a ministr...Reuters
Mon, Mar 10
PRECIOUS-Gold edges higher on dollar weakness, safe-haven flows
Gold could breach $3,000 level soon, analyst saysTrump U.S. CPI data due on Wednesday, PPI data on ThursdayBy Anjana Anil March 10 (Reuters) - Gold inched higher on Monday, supported by a weaker dollar and safe-haven flows amid fears of an escalating global trade war, while investors awaited furt...Reuters
Mon, Mar 10
WTI attracts some sellers to near $66.50 on tariff uncertainty
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $66.45 during the early European session on Monday. The WTI price remains under selling pressure amid concern about the impact of US import tariffs on global economic growth and the risk-off mood. Softer Chinese CPI...
Fxstreet
Mon, Mar 10
COLUMN-Oil execs head to CERAWeek with a case of Trump buyer's remorse: Bousso
Trump tariffs create turmoil in financial marketsChevron CEO prefers Trump's orders become legislation for stabilityDrop in oil prices threatens U.S. oil production growthBy Ron Bousso HOUSTON, March 10 - Energy executives travelling to the U.S. oil capital of Houston for an annual gathering ...Reuters
Mon, Mar 10
Firefighters battle warehouse blaze in Russia's Samara region
March 10 (Reuters) - Firefighters are bringing under control a large fire in a warehouse in Russia's southern region of Samara, after Ukraine launched an overnight drone attack targeting enterprises there, media and authorities said on Monday. "There are no injuries," Russia's emerge...Reuters
Mon, Mar 10
TECHNICALS-CBOT soybeans to test support zone of $10.10-1/2 to $10.15-1/4
For more technical analyses, please click SINGAPORE, March 10 (Reuters) - The CBOT soybean May contract SK25 is expected to test support zone of $10.10-1/2 to $10.15-1/4 per bushel, a break below which could open the way toward $9.97.The contract broke support at $10.22-3/4, after failing to break r...Reuters
Mon, Mar 10
CERAWEEK-US energy secretary promises executives faster industry development
By Arathy Somasekhar and Liz HamptonHOUSTON, March 9 (Reuters) - In one of his first meetings with oil and gas executives since being confirmed as U.S. energy secretary, Chris Wright said he intended to speed up permitting and support the industry, attendees told Reuters.His comments, made at a dinn...Reuters
Mon, Mar 10
GRAINS-Soybeans fall for second session on US tariffs, corn down
Worries over U.S. tariffs on China pressure soybean pricesCorn prices fall, give up some gains; wheat futures riseBy Naveen Thukral SINGAPORE, March 10 (Reuters) - Chicago soybean futures lost more ground on Monday, while corn prices fell as trade tensions between the United States and its key tr...Reuters
Mon, Mar 10
METALS-London copper eases on US tariff woes, but weak dollar caps fall
NEW DELHI, March 10 (Reuters) - London copper edged lower on Monday amid uncertainties around U.S. tariff policies, although some weakness in the dollar limited the downside.Three-month copper on the London Metal Exchange (LME) CMCU3 eased 0.3% to $9,588 a metric ton by 0223 GMT.The most-active copp...Reuters
Mon, Mar 10
ExxonMobil Reports Operations Require Flaring At Beaumont, Texas Refinery
March 9 (Reuters) - Exxon Mobil Corp XOM.N:REPORTS OPERATIONS REQUIRE FLARING AT BEAUMONT, TEXAS, REFINERY SOURCE: SOUTHEAST TEXAS ALERTING NETWORK - COMMUNITY ALERTTHE BEAUMONT COMPLEX HOUSES A 609,024 BARREL-PER-DAY OIL REFINERYReuters
Mon, Mar 10
GRAINS-Corn firms for fourth session; soybeans, wheat rise
SINGAPORE, March 10 (Reuters) - Chicago corn futures rose on Monday for a fourth straight session, as the suspension of U.S. tariffs on top importer Mexico eased worries over trade disruptions.Soybeans and wheat edged higher.FUNDAMENTALS* The most-active corn contract on the Chicago Board of Trade (...Reuters
Mon, Mar 10
Gold Price Forecast: XAU/USD holds above $2,900 amid global uncertainty, weaker US job data
Gold price ( XAU/USD) attracts some buyers to around $2,915 during the early Asian session on Monday. Global uncertainty and the threat of a global trade war by US President Donald Trump provide some support to the precious metal.Fxstreet
Mon, Mar 10
PRECIOUS-Gold edges higher on dollar weakness, safe-haven flows
March 10 (Reuters) - Gold prices edged higher on Monday, helped by a weaker dollar and safe-haven flows triggered by fears of a global trade war, while investors awaited further clues to gauge the Federal Reserve's interest rate stance.FUNDAMENTALS* Spot gold XAU= was up 0.1% at $2,914.42 an oun...Reuters
Mon, Mar 10
Methanex Corp Says 1.8 Million Tonne Methanol Plant, Geismar 3 (G3), In Geismar, Louisiana Was Impacted By An Unplanned Outage In Late February
March 9 (Reuters) - Methanex Corp MX.TO:METHANEX CORP - 1.8 MILLION TONNE METHANOL PLANT, GEISMAR 3 (G3), IN GEISMAR, LOUISIANA WAS IMPACTED BY AN UNPLANNED OUTAGE IN LATE FEBRUARYMETHANEX CORP - MANAGEMENT CURRENTLY ESTIMATES A PLANT STARTUP BY EARLY MAY 2025.METHANEX CORP - THIS OUTAGE IS EXPECTE...Reuters
Mon, Mar 10
