News
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INSTANT VIEW 8-China to impose extra tariffs of 10%-15% on various US farm products
March 4 (Reuters) - China on Tuesday swiftly retaliated against fresh U.S. tariffs, announcing 10%-15% hikes to import levies covering a range of American agricultural and food products, and placing 25 U.S. firms under export and investment restrictions.COMMENTS:OLE HANSEN, HEAD OF COMMODITY STRATEG...Reuters
Tue, Mar 4
Lloyd's space weather scenario sees $2.4 trillion economic impact
By Rebecca DelaneyMarch 4 - (The Insurer) - Lloyd's latest systemic risk scenario has found that the global economy could be exposed to potential losses of $2.4 trillion over a five-year period from the threat of hypothetical extreme space weather.Economic losses range from $1.2 trillion in the ...Reuters
Tue, Mar 4
UK equipment rental firm Ashtead misses third-quarter profit view
March 4 (Reuters) - Ashtead AHT.L missed third-quarter pretax profit and revenue expectations on Tuesday, pressured by weakness in the U.S. construction sector, although the British equipment rental firm maintained its full-year outlook.Reuters
Tue, Mar 4
TIMELINE-How China reduced its reliance on US farm imports and sharpened its trade war toolkit
By Mei Mei Chu March 4 (Reuters) - Since the U.S. and China imposed tit-for-tat tariffs during a trade war during Donald Trump's first presidential term, Beijing has taken steps to reduce its reliance on American farm goods in a wider effort to bolster its food security.That means China can w...Reuters
Tue, Mar 4
Copper Tariffs May Reach 25%, JPMorgan Cautions
TradingKey - Last week, president Donald Trump signed an executive order on Tuesday instructing the Department of Commerce to investigate whether tariffs should be imposed on copper and its derivative products—key industrial materials—in order to protect national security.TradingKey
Tue, Mar 4
GRAINS-Soybeans, corn at 2-month low as China imposes tariffs on U.S. farm goods
Soybean, corn futures hit lowest since early JanChina to impose extra tariffs on U.S. agricultural products Wheat prices supported by dry weather forecast for IndiaBy Naveen Thukral SINGAPORE, March 4 (Reuters) - Chicago soybeans and corn lost more ground on Tuesday, with both markets dropping to...Reuters
Tue, Mar 4
TECHNICALS-CBOT soybeans may retest support at $10.03-1/4
For more technical analyses, please click SINGAPORE, March 4 (Reuters) - The CBOT soybean May contract SK25 may retest support at $10.03-1/4 per bushel, a break below which could open the way toward $9.89-3/4 to $9.95-3/4 range.The contract is riding on a wave C, which has travelled far below its 10...Reuters
Tue, Mar 4
Trump's China tariffs trigger retaliation against U.S. farm products
BEIJING, March 4 (Reuters) - China has decreased its reliance on imports of U.S. farm goods since the trade war during President Donald Trump's first term, a trend that is poised to continue after Beijing on Tuesday announced tariffs on a range of agricultural products in response to fresh U.S. tari
Reuters
Tue, Mar 4
EXCLUSIVE-Russian missile experts flew to Iran amid clashes with Israel
Russians all have senior military backgrounds, records showInclude specialists in air defence, rocketry, artilleryFlights came amid Iran's tit-for-tat conflict with IsraelBy James Pearson, Polina Nikolskaya, Anton Zverev and Parisa HafeziLONDON, March 4 (Reuters) - Several senior Russian missile...Reuters
Tue, Mar 4
INSIGHT-How a key ingredient in Coca-Cola, M&M's is smuggled from war-torn Sudan
Sudanese gum arabic, used in consumer goods, is being trafficked to other African countriesRSF controls Sudan's main gum-harvesting regions, complicating supply chainsTraders offer cheap gum without conflict-free certificationRSF-affiliated gum appears in informal markets, smuggled to neighbours...Reuters
Tue, Mar 4
COLUMN-Low wind speeds may limit Texas' power system maintenance window: Maguire
By Gavin MaguireLITTLETON, Colorado, March 4 (Reuters) - An enduring spell of low wind speeds across Texas has forced the state's power firms to increase generation from fossil fuels to record highs so far in 2025, potentially leading power firms to shorten or delay planned maintenance breaks th...Reuters
Tue, Mar 4
Oil prices slide on Ukraine aid pause, tariffs and OPEC+ output increase
BEIJING, March 4 (Reuters) - Oil prices continued to fall in on Tuesday after U.S. President Donald Trump paused military aid to Ukraine and as markets braced for U.S. tariffs on Canada, Mexico and China to take effect.Reuters
Tue, Mar 4
REFILE-Goldman sees downside risk to their $78/$73 per bbl avg Brent forecasts for 2025/2026
March 4 (Reuters) - Goldman Sachs sees two sources of downside risk to their $78/$73 a barrel average Brent forecasts for 2025/2026 (and $74/$68 for WTI) and their $70-85 Brent range, the bank said in a note on Monday.The bank cited higher than expected supply as the first source, and downside risk ...Reuters
Tue, Mar 4
Gold price trades with negative bias below $2,900 amid some USD dip-buying
Gold price (XAU/USD) struggles to capitalize on the previous day's positive move closer to the $2,900 mark and attracts some sellers during the Asian session on Tuesday, stalling its recovery from a three-week trough touched last Friday.
Fxstreet
Tue, Mar 4
GRAINS-Soybeans, corn near 2-month low as Trump tariffs loom; wheat firm
Soybean, corn hit lowest since early Jan ahead of U.S. tariffsWheat prices supported by dry weather forecast in IndiaBy Naveen Thukral SINGAPORE, March 4 (Reuters) - Chicago soybeans lost more ground on Tuesday while corn ticked higher, with both markets trading near their lowest since early Janu...Reuters
Tue, Mar 4
China vows to hit back against US tariffs linked to fentanyl
BEIJING, March 4 (Reuters) - China's Commerce Ministry on Tuesday vowed to retaliate against fresh U.S. import tariffs set to take effect later in the day, reiterating its stance that the Trump administration was trying to "shift the blame" and "bully" Beijing over fentanyl flows...Reuters
Tue, Mar 4
