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METALS-LME copper hits near three-week high on dollar pullback, China stimulus hopes
March 6 (Reuters) - London copper touched a near three-week high on Thursday, spurred by a sharp pullback in the U.S. dollar and hopes for more stimulus from top consumer China.Three-month copper on the London Metal Exchange (LME) CMCU3 rose 0.4% to $9,624 a metric ton, as of 0154 GMT, its highest l...Reuters
Thu, Mar 6
RUBBER-Japan futures hit 3-1/2-month low on tariff concerns
SINGAPORE, March 6 (Reuters) - Japanese rubber futures hit a 3-1/2-month low on Thursday, pressured by fears of a trade war between the United States and top rubber consumer China, although tariff reprieves for some automakers cushioned the fall. The Osaka Exchange (OSE) August rubber contract JRU...Reuters
Thu, Mar 6
LIVESTOCK-CME lean hog futures rally on hopes for tariff relief
By Julie Ingwersen CHICAGO, March 5 (Reuters) - Chicago Mercantile Exchange lean hog futures rose on Wednesday, bouncing from 5-1/2-month lows set a day earlier on hopes that U.S. tariffs against Mexico and Canada could be reduced, traders said.Firming cash hog prices lent support as well.The ben...Reuters
Thu, Mar 6
Oil steadies after multi-day plunge but traders wary of tariff, supply impacts
Oil prices edge higher in early tradeBrent and U.S. crude futures sunk to multi-year lows in previous sessionU.S. crude stockpiles rose more than expected last week U.S. waterborne crude oil imports hit four-year low in February March 6 (Reuters) - Oil prices steadied on Thursday after falling ov...Reuters
Thu, Mar 6
GRAINS-Soybeans, corn, wheat rise for second session on tariff relief hopes
SINGAPORE, March 6 (Reuters) - Chicago soybean, corn and wheat futures gained more ground on Thursday, with agricultural markets supported by indications that U.S. tariffs against Canada and Mexico may be reduced.FUNDAMENTALS* The most-active soybean contract on the Chicago Board of Trade (CBOT) Sv1...Reuters
Thu, Mar 6
EXCLUSIVE-After Trump's tariffs, Mexico seeks Asian and European crude oil buyers
MEXICO CITY, March 6 (Reuters) - Mexican state company Pemex is in talks with potential buyers in Asia, including China, and Europe, as it seeks alternative markets for its crude after U.S. President Donald Trump imposed tariffs on imports, a senior Mexican government official said.Reuters
Thu, Mar 6
PRECIOUS-Gold little changed; investors await US payrolls data
March 6 (Reuters) - Gold prices were little changed on Thursday, as investors awaited U.S. non-farm payrolls data to assess the Federal Reserve's interest rate trajectory amid growing trade tensions between the U.S. and its trading partners.FUNDAMENTALS* Spot gold XAU= was steady at $2,917.90 an...
Reuters
Thu, Mar 6
Elon Musk says Post Office, Amtrak should be privatized
By David Shepardson WASHINGTON, March 5 (Reuters) - Billionaire Elon Musk, who is advising President Donald Trump on plans to radically shrink the U.S. government, said on Wednesday that the U.S. Postal Service and passenger railroad Amtrak should be privatized."I think logically we should pr...Reuters
Thu, Mar 6
US board reinstates thousands of USDA employees fired by Trump administration
Merit System Protection Board halts firing of USDA employeesJudge blocked Trump from removing board's Democratic chairWatchdog agency says it is investigating other firingsBy Daniel Wiessner and Nate Raymond March 5 (Reuters) - A U.S. board that reviews the firings of federal employees on Wed...Reuters
Thu, Mar 6
FACTBOX-Trump's tariffs and threatened trade actions
March 5 (Reuters) - U.S. President Donald Trump has made numerous tariff threats since returning to office on January 20, ranging from a universal duty on imports to targeted tariffs on specific sectors or countries, in a bid to get others to meet his policy demands.Trump's threats have changed ...Reuters
Thu, Mar 6
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, March 6 (Reuters) - Contract Target Support/Resistance Brent oil $68.35/$67.65res $70.13/$70.61Palm oil (3rd month)4,336/4,313 ringgitres 4,435/4,481 ringgitWTI* $65.74/$64.59res $66.89/$67.60Spot gold$2,927/$2,939/$2,956sup $2,909/$2,894LME coppe...Reuters
Thu, Mar 6
Los Angeles County, Pasadena, sue Southern California Edison over wildfires
March 5 (Reuters) - The County of Los Angeles and City of Pasadena, along with other public entities, filed lawsuits against Edison International and its subsidiary Southern California Edison on Wednesday, alleging their role in igniting one of California's worst wildfires.The Eaton fire, one of...Reuters
Wed, Mar 5
Trump mulls exempting certain agricultural products from Canada, Mexico tariffs, Bloomberg reports
WASHINGTON, March 5 (Reuters) - U.S. President Donald Trump is considering exempting certain agricultural products from tariffs imposed on Canada and Mexico, a Bloomberg reporter said on X on Wednesday.Reuters
Wed, Mar 5
U.S. firms demand crackdown on tariff-evading Chinese importers
Loopholes easy to find for Chinese exportersGoods shipped via third countries to skirt tariffsFirms back bipartisan bill to ramp up prosecution of duty evasion By Michael Martina and David Brunnstrom WASHINGTON, March 5 (Reuters) - The U.S. needs tougher legislation to enforce trade laws and ensu...Reuters
Wed, Mar 5
CIF/FOB Gulf Grain-Spot corn, soy barge basis rises
CHICAGO, March 5 (Reuters) - Spot basis bids for corn and soybeans delivered by barge to the U.S. Gulf Coast turned higher on Wednesday, as futures recovered amid signs that U.S. tariffs against Canada and Mexico may be reduced, traders said.* Chinese buyers have turned their attention to South Amer...Reuters
Wed, Mar 5
CANADA-CRUDE-Discount on Western Canada Select heavy crude narrows
March 5 (Reuters) - The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) CLc1 narrowed on Wednesday, a day after U.S. President Donald Trump's tariffs on goods from Mexico and Canada took effect.* WCS for April delivery in ...Reuters
Wed, Mar 5
GRAINS-Corn, soy and wheat bounce as traders monitor tariff relief
By Julie Ingwersen CHICAGO, March 5 (Reuters) - U.S. corn, soybean and wheat futures closed higher on Wednesday, bouncing from multi-month lows set a day earlier as indications that U.S. tariffs against Canada and Mexico may be reduced helped ease market jitters over escalating trade tensions.Chi...Reuters
Wed, Mar 5
