News
Important Only
Gold Price Eyes $5,200 Mark, JPMorgan and Other Institutions Remain Firmly Bullish
TradingKey - At 8:00 PM ET, gold prices (XAUUSD) closed at $5,190/oz, eyeing a breakthrough of the $5,200 level. Prices stabilized within the $5,100–$5,200/oz range following JPMorgan’s (JPM) upward revision of its long-term gold price forecast on Wednesday.
TradingKey
Thu, Feb 26
CIF/FOB Gulf Grain-Soy, corn basis bids mixed amid elevated barge rates, biofuel demand optimism
CHICAGO, Feb 25 (Reuters) - Basis bids for soybeans and corn shipped by barge to U.S. Gulf Coast terminals were mixed on Wednesday, as barge freight rates stayed high and traders anticipated export demand from China.Chicago Board of Trade soybean futures Sv1 set a three-month high on Wednesday, buoy...Reuters
Thu, Feb 26
APA beats quarterly profit estimates as lower costs offset weak prices, output
Feb 25 (Reuters) - Oil and gas company APA APA.O beat fourth-quarter profit estimates on Wednesday, helped by lower operating costs, which offset the impact from weaker commodity prices and a drop in production.Global crude oil prices have been pressured by growing worries of a glut and the increasi...Reuters
Wed, Feb 25
Gold gains above $5,150 as US tariff uncertainty drive demand, eyes on US-Iran talks
Gold price (XAU/USD) trades with mild gains near $5,165 during the early Asian session on Thursday. The rally of the precious metal is bolstered by escalating geopolitical tensions between the United States (US) and Iran and ongoing uncertainty regarding US tariff policies.Fxstreet
Wed, Feb 25
Nvidia Expects To Increase Capital Expenditures In Fiscal Year 2027 Relative To Fiscal Year 2026
Feb 25 (Reuters) - NVIDIA Corp NVDA.O:NVIDIA CORP: EXPECT TO INCREASE CAPITAL EXPENDITURES IN FISCAL YEAR 2027 RELATIVE TO FISCAL YEAR 2026 TO SUPPORT THE FUTURE GROWTH OF OUR BUSINESSNVIDIA CORP: WE ARE FINALIZING AN INVESTMENT AND PARTNERSHIP AGREEMENT WITH OPENAI, NO ASSURANCE WE WILL ENTER INTO ...Reuters
Wed, Feb 25
LIVESTOCK-CME hog futures climb to two-week high as market continues recovery
By Tom Polansek CHICAGO, Feb 25 (Reuters) - Chicago Mercantile Exchange lean hog futures touched their highest level in more than two weeks on Wednesday as the market continued to recover from a steep slide this month.Fund buying supported gains after profit taking and long liquidation recently p...Reuters
Wed, Feb 25
White House to host Big Tech after pledge to rein in power costs
Meeting with Microsoft, Meta, Anthropic slated for March 4Pledge expected to build on prior Microsoft commitments Trump says told Big Tech they must build own power plantsBy Jarrett Renshaw and Laila Kearney Feb 25 (Reuters) - The White House said on Wednesday it will host leading data center and...Reuters
Wed, Feb 25
US Plains HRW Wheat-Basis bids unchanged, protein premiums rise
CHICAGO, Feb 25 (Reuters) - Basis bids for hard red winter wheat were steady in a spot check of locations in the U.S. Plains on Wednesday, as futures fell. An active rain pattern by late next week should provide some relief to U.S. Plains and Midwest wheat, according to Commodity Weather Group. Mean...Reuters
Wed, Feb 25
APA reports fall in fourth-quarter profit
Feb 25 (Reuters) - Oil and gas company APA APA.O reported a fall in fourth-quarter profit on Wednesday, hurt by lower oil prices and a fall in production.The company reported a net income of $279 million, or 79 cents per share, for the quarter ended December 31, compared with $354 million, or 96 cen...Reuters
Wed, Feb 25
CME Group reopens Globex metals, natural gas trading after brief technical halt
Feb 25 (Reuters) - CME Group CME.O reopened trading in its Globex metals and natural gas futures and options markets on Wednesday after a brief halt due to technical issues. Earlier in the day, the CME Globex Metals and Natural Gas futures and options markets were halted at 12:15 p.m. CT due ...Reuters
Wed, Feb 25
Oil settles little changed, supply worries persist despite large US crude stock build
US-Iran talks could prevent conflict and supply disruption Deal with US hinges on diplomacy, Iranian minister saysU.S. crude stocks rise by 16 million barrels last week, EIA saysBy Arathy Somasekhar HOUSTON, Feb 25 (Reuters) - Oil prices settled largely unchanged on Wednesday as a much larger...Reuters
Wed, Feb 25
US regulator says it has power to police prediction market misconduct
By Chris Prentice NEW YORK, Feb 25 (Reuters) - U.S. Commodity Futures Trading Commission (CFTC) on Wednesday said it has the power to police illegal trading practices in predictions markets, following a statement from a top firm that it had flagged two insider trading cases to the agency.The CFTC...Reuters
Wed, Feb 25
GRAINS-Soybeans hit three-month high on China and biofuel demand hopes
US EPA to send biofuel blending proposal to White HouseTraders watch for fresh Chinese buying after holidaysCBOT wheat eases from 8-month top; weather threats recedeBy Tom Polansek CHICAGO, Feb 25 (Reuters) - Chicago Board of Trade soybean futures set a three-month high on Wednesday, buoyed by op...Reuters
Wed, Feb 25
French government survives two no-confidence votes on energy law
PARIS, Feb 25 (Reuters) - The French government survived two no-confidence motions in parliament on Wednesday that were brought after it adopted a new energy law by decree earlier in February, following years of disagreement in the National Assembly over the measure. The motion, filed by France'...Reuters
Wed, Feb 25
US natgas prices rise on strong LNG export flows, higher demand forecast for next week
Near-record LNG export flows boost U.S. natural gas futuresWaha Hub prices negative for 14th consecutive day due to pipeline constraintsU.S. gas output rises in February, demand forecast higher than expected next weekBy Scott DiSavino NEW YORK, Feb 25 (Reuters) - U.S. natural gas futures climbed ...Reuters
Wed, Feb 25
Louisiana utility regulator denies request for probe of Meta data center deal, law group says
Feb 25 (Reuters) - Louisiana utility regulators denied an environmental law group's request to investigate a $27 billion Meta Platforms META.O data center deal, the law group Earthjustice said on Wednesday. Earthjustice filed a motion last month with the Louisiana Public Service...Reuters
Wed, Feb 25
Brazil 2026/27 coffee exports could hit record of close to 47 mln 60-kg, Hedgepoint says
SAO PAULO, Feb 25 (Reuters) - Brazilian coffee exports in the 2026/27 season could hit an all-time high of close to 47 million 60-kilogram bags, driven by greater supply of arabica beans due to a bumper crop, Hedgepoint Global Markets said in a report published on Wednesday. Brazil's total coffe...Reuters
Wed, Feb 25
CBOT wheat declines on forecasts for beneficial US rains
CHICAGO, Feb 25 (Reuters) - Chicago Board of Trade wheat futures slumped on Wednesday on forecasts for beneficial rains in dry areas of the U.S. Plains, traders said.Rains will begin to reduce dryness in wheat-growing areas by late next week, while warm weather will activate growth for crops, Commod...Reuters
Wed, Feb 25
Southern Co gets largest-ever US energy department loan
Loans to support gas, nuclear, batteries, power transmissionMore loans soon on coal, oil, gas, geothermalLoans to help Southern re-license six nuclear plantsBy Timothy Gardner WASHINGTON, Feb 25 (Reuters) - The U.S. Energy Department said on Wednesday it has offered a $26.54 billion loan to subsi...Reuters
Wed, Feb 25
