News
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Ukraine launches drone attack on Tuapse, broader Krasnodar region, Russia says
Feb 26 (Reuters) - Ukraine launched an overnight drone attack on Russia's southern Krasnodar region, damaging several houses including in the Black Sea port of Tuapse, Russian officials said on Wednesday. In total, three residential houses were damaged throughout the region, but there were no im...Reuters
Wed, Feb 26
Iron ore dips on Chinese steel export concerns, US-Sino trade tensions
By Michele Pek SINGAPORE, Feb 26 (Reuters) - Iron ore futures prices weakened for a third straight session on Wednesday, weighed by a dampening outlook for Chinese steel exports and rising trade tensions between the U.S. and top consumer China.The most-traded May iron ore contract on China's ...Reuters
Wed, Feb 26
POLL-US 2025-26 corn plantings seen at 93.6 million acres; soy 84.4 million
CHICAGO, Feb 25 (Reuters) - The following are analysts' forecasts of U.S. plantings, yield, production and ending stocks of corn, soybeans, wheat and cotton for the 2025-26 marketing year, ahead of the U.S. Department of Agriculture's annual outlook forum on February 27-28.The USDA will publ...Reuters
Wed, Feb 26
METALS-London copper gains on weak dollar after fresh Trump tariff threat
NEW DELHI, Feb 26 (Reuters) - London copper prices climbed on Wednesday, tracking a weak dollar after U.S. President Donald Trump ordered a probe into potential new tariffs on copper imports, aimed at boosting U.S. production of the metal.Three-month copper on the London Metal Exchange (LME) CMCU3 g...Reuters
Wed, Feb 26
FACTBOX-Where does the US get its copper?
By Lewis Jackson and Amy Lv BEIJING, Feb 26 (Reuters) - U.S. President Donald Trump on Tuesday ordered a probe into possible tariffs on copper imports to rebuild U.S. production of a metal critical to electric vehicles, military hardware, semiconductors and a wide range of consumer goods.A White ...Reuters
Wed, Feb 26
RUBBER-Japan futures weaken on firmer yen, US-Sino trade tensions
SINGAPORE, Feb 26 (Reuters) - Japanese rubber futures declined for a third consecutive session on Wednesday, pressured by a stronger yen and trade tensions between the U.S. and top consumer China, overshadowing concerns over an off-season supply shortage. The Osaka Exchange (OSE) rubber contract f...Reuters
Wed, Feb 26
Oil edges up after US stockpiles report helps offset worries on rising supply
By Shariq Khan Feb 26 (Reuters) - Oil prices climbed in early Asian trading hours on Wednesday, bouncing off two-month lows hit in the prior session, after an industry group reported U.S. crude stockpiles fell last week.Brent crude oil futures LCOc1 rose 27 cents, or 0.4%, to $73.29 a barrel by 0...Reuters
Wed, Feb 26
London copper edges up on weak dollar, Trump raises tariff threat
NEW DELHI, Feb 26 (Reuters) - London copper prices CMCU3 rose 0.9% on Wednesday tracking dollar weakness after U.S. President Donald Trump's directive to investigate potential new tariffs on copper imports aimed at boosting domestic production.Reuters
Wed, Feb 26
PRESS DIGEST- Financial Times - February 26
Feb 26 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories, and does not vouch for their accuracy.Headlines- UK to raise defence spending to 2.5% of GDP by 2027- NHS chief Amanda Pritchard resigns- UK suspends aid to Rwanda over eastern DR Con...Reuters
Wed, Feb 26
Chile power outage plunges capital into darkness, hits major copper mines
Power goes out across countryCopper mine operations affectedMinister blames transmission line failureAdds statement from President Gabriel Boric in paragraphs 8 and 9By Fabian Cambero and Alexander VillegasSANTIAGO, Feb 25 (Reuters) - A massive power outage across Chile plunged the country's cap...Reuters
Wed, Feb 26
GRAINS-Corn edges higher as fund sell-off takes a breather
CANBERRA, Feb 26 (Reuters) - Chicago corn futures rose in early trading on Wednesday after falling sharply in recent sessions, as improving crop weather in Argentina and a revival of tariff concerns prompted selling by speculative investors who had amassed large long positions. Wheat futures also sn...Reuters
Wed, Feb 26
PRECIOUS-Gold recoups from 1-week low as tariff uncertainty weighs on risk appetite
Feb 26 (Reuters) - Gold prices climbed on Wednesday, recovering from a one-week low touched in the previous session, as uncertainties stemming from U.S. President Donald Trump's tariff plans dampened risk appetite and boosted demand for safe-haven bullion.FUNDAMENTALS * Spot gold XAU= was ...Reuters
Wed, Feb 26
G20 finance ministers, central bankers to meet amid fractious geopolitics
G20 meeting faces key member absences, sharp disagreementsKey issues include climate finance, financial reform, inequalityU.S. absence complicates consensus, especially on climate change By Tim Cocks JOHANNESBURG, Feb 26 (Reuters) - Finance ministers and central bankers from the G20 top economies...Reuters
Wed, Feb 26
US, Ukraine agree to terms of critical minerals deal
LONDON/WASHINGTON, Feb 25 (Reuters) - The U.S. and Ukraine have agreed on the terms of a draft minerals deal central to Kyiv's push to win Washington's support as President Donald Trump seeks to rapidly end the war with Russia, two sources with knowledge of the matter said on Tuesday.Reuters
Wed, Feb 26
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Feb 26 (Reuters) - Contract Target Support/Resistance Brent oil $72.19/$71.02res $73.36/$74.08Palm oil (3rd month)4,608/4,625 ringgitres 4,542/4,517/4,476 ringgitWTI* $68.25/$67.82res $69.59/$70.07Spot gold$2,931/$2,939/$2,951sup $2,909/$2,899/$2,...Reuters
Wed, Feb 26
CME cattle futures end higher as beef prices rise
CHICAGO, Feb 25 (Reuters) - Chicago Mercantile Exchange live cattle futures rose for a third straight session on Tuesday, following strength in feeder cattle futures and wholesale beef prices.CME April live cattle futures LCJ25 settled up 0.625 cent at 195.725 cents per pound, extending a rally from...Reuters
Tue, Feb 25
