News
Important Only
PRESS DIGEST-British Business - July 29
July 29 (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- Heineken HEIN.AS is exploring moving production to the U.S. to counter a 15% tariff agreed between President...Reuters
Tue, Jul 29
WTI trades with a negative bias below mid-$66.00s; downside seems limited
West Texas Intermediate (WTI) US Crude Oil prices edged lower during the Asian session on Tuesday and eroded a part of the previous day's strong gains to over a one-week high. The commodity currently trades just below mid-$66.00s, down 0.40% for the day, though the downside seems cushioned.
Fxstreet
Tue, Jul 29
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, July 29 (Reuters) - Contract Target Support/Resistance Brent oil $69.48res $70.57/$71.24Palm oil (3rd month)4,211/4,161 ringgitres 4,273/4,312/4,344 ringgitWTI* $66.33/$65.73res $67.11/$67.89/$68.37Spot gold$3,290/$3,277res $3,323/$3,333LME c...Reuters
Tue, Jul 29
PRECIOUS-Gold edges down on stronger dollar, easing tariff concerns
July 29 (Reuters) - Gold prices edged lower in early trade on Tuesday, weighed down by easing concerns over a global tariff war and a stronger U.S. dollar, while investors focussed on the Federal Reserve policy meeting for interest rate clues.FUNDAMENTALS* Spot gold XAU= was down 0.2% at $3,308.39 p...Reuters
Tue, Jul 29
Australia's Woodside Energy takes operatorship of Bass Strait assets from ExxonMobil
July 29 (Reuters) - Australia's Woodside Energy WDS.AX said on Tuesday it will take over operatorship of the Bass Strait oil and gas assets from ExxonMobil XOM.N, unlocking an estimated $60 million in synergies.The Bass Strait portfolio includes the Gippsland Basin and the Kipper Unit joint vent...Reuters
Tue, Jul 29
Trump team hears pitches on access to Myanmar's rare earths
Trump administration is focused on rare earths, China competitionSome Trump allies wary of intervening in conflictMyanmar mines heavy rare earths that are processed in ChinaBy Trevor Hunnicutt, David Brunnstrom, Devjyot Ghoshal and Poppy McPherson WASHINGTON/BANGKOK, July 28 (Reuters) - The TrumpReuters
Tue, Jul 29
Oil climbs on EU trade deal, potential US-China tariff truce extension
Brent crude hits highest level since July 18 on MondayUS and China officials at Stockholm for trade talksTrump's shorter deadline for Russia on Ukraine war raises oil flow concernsBy Anjana Anil July 29 (Reuters) - Oil extended gains on Tuesday, lifted by hopes of improved economic activity a...Reuters
Tue, Jul 29
LIVESTOCK-CME cattle futures set new highs after bullish USDA data
By Julie Ingwersen CHICAGO, July 28 (Reuters) - Chicago Mercantile Exchange live cattle and feeder cattle futures set life-of-contract highs on Monday, buoyed by a pair of U.S. government reports released late Friday that underscored historically tight U.S. cattle supplies, brokers said.CME Augus...Reuters
Mon, Jul 28
Chile will ask US to include copper within US-Chile trade deal
SANTIAGO, July 28 (Reuters) - Chile expects U.S. copper tariffs to be discussed within broader U.S. trade talks in Washington this week, Finance Minister Mario Marcel said on Monday in an interview with local radio program Duna.Marcel added that Chile would ask for any tariffs to be included within ...Reuters
Mon, Jul 28
US Cash Crude-Grades firm on first day of September trade
July 28 (Reuters) - U.S. cash crude grades strengthened on Monday, dealers said, stabilizing from a volatile roll period on the first day of September trade. The three-day roll trade period begins on the session after the expiration of the front-month U.S. crude futures contract CLc1. Traders use it...Reuters
Mon, Jul 28
CIF/FOB Gulf Grain-Corn barge basis steady-weak, soybean bids mostly lower
CHICAGO, July 28 (Reuters) - Basis bids for corn shipped by barge to U.S. Gulf Coast export terminals were mostly steady to weaker on Monday while soybean bids were mostly lower as good U.S. crop conditions indicated ample supplies would soon be available to exporters.Corn export demand has been par...Reuters
Mon, Jul 28
US Plains HRW Wheat-Basis steady as harvest nears end
CHICAGO, July 28 (Reuters) - Spot basis bids for hard red winter wheat were steady in a spot check of locations in the southern U.S. Plains on Monday, as the harvest neared completion and farmers had little left to sell. The U.S. Department of Agriculture said in a weekly crop report on Monday that ...Reuters
Mon, Jul 28
GRAINS-US corn futures hit two-week low; soy slides, wheat steadies
By Julie Ingwersen CHICAGO, July 28 (Reuters) - U.S. corn futures hit a two-week low on Monday and soybeans also fell as market players continued to brace for large crops and forecasts called for milder, non-threatening weather in the Midwest production belt.U.S. wheat futures pared losses and ek...Reuters
Mon, Jul 28
Trump sets new deadline of 10 or 12 days for Russia to act on Ukraine
Trump shortens previous 50-day deadline He threatens sanctions if Russia makes no progressUkraine's Zelenskiy praises Trump's stance on RussiaBy Andrew MacAskill and Andrea Shalal TURNBERRY, Scotland, July 28 (Reuters) - U.S. President Donald Trump set a new deadline on Monday of 10 or 1...Reuters
Mon, Jul 28
US natural gas prices fall over 3% on near-record production
July 28 (Reuters) - U.S. natural gas futures fell over 3% on Monday due to near-record production, but losses were capped by forecasts for extreme heat and a shorter U.S. deadline for Russia to agree to a ceasefire in the war with Ukraine. Front-month gas futures for August delivery NGc1 on the New ...Reuters
Mon, Jul 28
Trump and Starmer trade compliments but defend differences
US president meets Starmer at Trump's Scottish golf courseUK-US 'special relationship' strong under TrumpTrump outlines differences on energy and taxStarmer defends London mayor from Trump criticismBy Andrew MacAskill and Andrea Shalal EDINBURGH/TURNBERRY, Scotland, July 28 (Reuters) ...Reuters
Mon, Jul 28
CBOT soybeans end lower on improving US crop weather
CHICAGO, July 28 (Reuters) - Chicago Board of Trade soybean futures closed lower on Monday as weather forecasts for cooler temperatures and timely rains this week in the U.S. crop belt supported expectations for bumper harvests, traders said.CBOT August soybeans SQ25 settled down 10 cents at $9.88-3...Reuters
Mon, Jul 28
Ekso Bionics Q2 revenue misses estimates, net loss widens
OverviewEkso Bionics Q2 revenue of $2.1 mln missed analyst expectationsCompany reported net loss of $2.7 mln for Q2 2025Personal Health product sales grew over 50% yr/yr in H1 2025OutlookEkso anticipates recovery in H2 driven by Personal Health demandEkso sees over 50% growth in Personal Health prod...Reuters
Mon, Jul 28
Serbia secures fifth postponement of US sanctions against NIS oil firm
Sanctions could jeopardise Serbia's crude suppliesNIS imports 80% of oil via Croatia's Janaf pipeline BELGRADE, July 28 (Reuters) - Serbia has secured a fifth postponement of planned U.S. sanctions against Russian-owned oil firm NIS NIIS.BEL, which operates the country's only oil refi...Reuters
Mon, Jul 28
Natural Gas Pipeline Co. Declares Force Majeure On Compressor Station 343 Located In Liberty County, Texas
July 28 (Reuters) - KINDER MORGAN'S KMI.N NATURAL GAS PIPELINE COMPANY:DECLARES FORCE MAJEURE ON COMPRESSOR STATION 343 LOCATED IN LIBERTY COUNTY, TEXAS (SEGMENT 25 OF NATURAL'S TEXOK ZONE)SAYS CO. IS REQUIRED TO REDUCE THE MAXIMUM OPERATING CAPACITY EASTBOUND INTO SEGMENT 25 FROM SEGMENT 26...Reuters
Mon, Jul 28
