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METALS-LME copper rises on weaker dollar, market awaits China stimulus cues
March 3(Reuters) - London copper rose on Monday, supported by a weaker dollar and hopes that top consumer China would announce a fiscal stimulus package that would boost metals demand.Three-month copper on the London Metal Exchange (LME) CMCU3 gained 0.7% to $9,420 a metric ton by 0211 GMT.The dolla...Reuters
Mon, Mar 3
Oil recovers as upbeat Chinese manufacturing data increases some optimism
SINGAPORE, March 3 (Reuters) - Oil prices rose 1% on Monday as upbeat manufacturing data from China, the world's biggest crude importer, led to renewed optimism for fuel demand, although uncertainty about global economic growth from potential U.S. tariffs loomed.Reuters
Mon, Mar 3
PRESS DIGEST-British Business - March 3
March 3 (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 Times- Canadian-American firm Brookfield BN.TO will launch Brookfield Wealth Solutions (BWS), its insurance spin-off, a...Reuters
Mon, Mar 3
GRAINS-Corn rises from 7-week low, tariff worries cap gains
SINGAPORE, March 3 (Reuters) - Chicago corn recovered on Monday from an almost seven-week low, while soybeans rose for the first time in four sessions on bargain-buying, although gains were limited by worries over the impact of U.S. President Donald Trump's tariffs.Wheat jumped more than 1%, ris...Reuters
Mon, Mar 3
Rio Tinto resumes operations at Western Australia's Dampier port after five weeks
Rewrites paragraph 1 with delay in resuming operations, adds share moves, analyst comments2025 full year iron ore shipment guidance remains unchangedExtent of the outage to not let co reach mid point of guidance - AnalystBy Roshan Thomas, Melanie Burton March 3 (Reuters) - Rio Tinto RIO.AX said o...Reuters
Mon, Mar 3
Gold Price Forecast: XAU/USD drifts higher above $2,850 amid the cautious mood
Gold price (XAU/USD) attracts some buyers to around $2,870 during the early Asian session on Monday. The uncertainty and ongoing Russia and Ukraine conflicts continue to underpin the precious metal. Traders will keep an eye on the US February ISM Manufacturing Purchasing Managers Index (PMI), which
Fxstreet
Mon, Mar 3
PRECIOUS-Gold gains on softer dollar, mounting Trump tariff concerns
March 3 (Reuters) - Gold prices firmed on Monday, helped by a weaker U.S. dollar and rising fears that U.S. President Donald Trump's tariff threats could lead to a global trade war and stoke inflation, thereby fuelling safe-haven demand for the metal.FUNDAMENTALS* Spot gold XAU= was up 0.3% at ...Reuters
Mon, Mar 3
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, March 3 (Reuters) - Contract Target Support/Resistance Brent oil $74.08sup $72.91/$72.19Palm oil (3rd month)4,517/4,476 ringgitres 4,583/4,625 ringgitWTI* $70.76/$71.32sup $69.59/$68.94Spot gold$2,879/$2,899sup $2,855/$2,835LME copper (3rd month)*...Reuters
Mon, Mar 3
RPT-COLUMN-Critical minerals take centre stage in world politics: Andy Home
Repeats story filed on Feb 28 with no change to textBy Andy Home LONDON, Feb 28 (Reuters) - Ukrainian President Volodymyr Zelenskiy is set to meet with U.S. President Donald Trump today to sign a critical minerals deal as a way of securing continued U.S. backing in the war against Russia. It init...Reuters
Mon, Mar 3
Oil refinery in Russia's Ufa on fire, RIA agency reports
March 3 (Reuters) - An oil refinery in the Russian city of Ufa was on fire, the state RIA news agency reported on Monday, citing the regional branch of Russia's emergency ministry. "There is no threat to residents of nearby areas," RIA cited the emergency ministry as saying. It adde...Reuters
Sun, Mar 2
Shell mulls sale of European, US chemicals assets, WSJ reports
Adds Morgan Stanley declines to comment, paragraph 3 March 2 (Reuters) - Shell SHEL.L is considering a potential sale of its chemicals assets in Europe and the United States, the Wall Street Journal reported on Sunday, citing sources familiar with the matter. The energy group has hired Morgan Sta...Reuters
Sun, Mar 2
COLUMN-Five charts to consider ahead of the 2025-26 US crop season: Braun
The opinions expressed here are those of the author, a market analyst for Reuters.By Karen Braun NAPERVILLE, Illinois, March 2 (Reuters) - The 2024-25 marketing year may still be in progress, but it is never too early to peek into the future.The U.S. Department of Agriculture on Friday published ...Reuters
Sun, Mar 2
Trump allies pressure Zelenskiy to change course or resign
National security adviser Waltz suggests Ukraine needs new leaderRubio says he has not spoken to Zelenskiy since White House exchangeDemocrats knock White House for meetingRecasts, adds quotes from Republican and Democratic leadersBy David Morgan and Jeff Mason WASHINGTON, March 2 (Reuters) - Top...Reuters
Sun, Mar 2
EXCLUSIVE-Canada to extend mineral exploration tax credit for two more years, minister says
Extension aims to support mining sector's efforts to raise capital Canada seeks alternative capital sources to reduce reliance on ChinaCanada offers U.S. secure supply of critical minerals amid trade tensionsBHP CEO urges Canada to be more competitiveAdds comments from BHP CEO Mike Henry in last...Reuters
Sun, Mar 2
US House look to pass stopgap funding bill to avert shutdown, Speaker Johnson says on NBC
WASHINGTON, March 2 (Reuters) - U.S. House Speaker Mike Johnson said on Sunday he hoped to pass a "clean" stopgap federal funding bill that would freeze funding at current levels to avert a partial government shutdown that could otherwise go into effect on March 15. "We are working hard ...Reuters
Sun, Mar 2
Rubio says he has not spoken with Ukraine's Zelenskiy since Friday White House clash
March 2 (Reuters) - U.S Secretary of State Marco Rubio has not spoken with Ukrainian President Volodymyr Zelenskiy since Friday's Oval Office meeting with President Donald Trump, Rubio said on Sunday's "This Week" on ABC.Reuters
Sun, Mar 2
EXCLUSIVE-Canada to extend mineral exploration tax credit for two more years, minister says
Extension aims to support mining sector's efforts to raise capital Canada seeks alternative capital sources to reduce reliance on ChinaCanada offers U.S. secure supply of critical minerals amid trade tensionsBy Divya Rajagopal March 2 - Canada will extend a tax credit on mineral exploration f...Reuters
Sun, Mar 2
