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Silver Price Forecast: XAG/USD trades almost flat above $72 as Trump’s Iran deadline is in focus
Silver price (XAG/USD) trades broadly flat around $72.50 during the early European trading session on Tuesday. The white metal struggles for a direction as investors await Iran’s final decision over the reopening of the Strait of Hormuz.
Fxstreet
Tue, Apr 7
TECHNICALS-CBOT soybeans neutral in $11.63-1/4 to $11.69-1/2 range
For more technical analyses, please click SINGAPORE, April 7 (Reuters) - The CBOT soybean May contract SK26 looks neutral in a range of $11.63-1/4 to $11.69-1/2 per bushel, and an escape could suggest a direction. The market is undergoing a complex consolidation. A retracement analysis on the downtr...Reuters
Tue, Apr 7
Kazakhstan's energy ministry says oil shipment via CPC is stable
MOSCOW, April 7 (Reuters) - Kazakhstan's energy ministry said on Tuesday that oil shipments via the Caspian Pipeline Consortium were stable.Russia's defence ministry said on Monday that Ukraine attacked facilities at the maritime transshipment complex in the port of Novorossiysk overnight, d...Reuters
Tue, Apr 7
PRECIOUS-Gold ticks down as Trump's Iran deadline keeps markets cautious
Markets cautious ahead of Trump's midnight deadline for IranIran rejects ceasefire deal; Trump ramps up threatsFed presidents highlight inflation concernsFed March policy meeting minutes due on Wednesday By Pablo Sinha April 7 (Reuters) - Gold ticked down on Tuesday as investors stayed cauti...Reuters
Tue, Apr 7
China's coal-based urea insulates its farmers from global fertiliser turmoil
China has ample urea to support nitrogen-hungry crops like corn Domestic urea prices only a third of international benchmarksChina unlikely to ease export curbs, some analysts sayBy Ella Cao, Colleen Howe and Naveen Thukral BEIJING/SINGAPORE, April 7 (Reuters) - Farmers around the world may be sw...Reuters
Tue, Apr 7
Israeli military tells people in Iran to avoid using trains
April 7 (Reuters) - The Israeli military on Tuesday told people in Iran not to use trains or go near railway lines."For the sake of your security, we kindly request that from this moment until 21:00 Iran time, you refrain from using and travelling by train throughout Iran," the military post...Reuters
Tue, Apr 7
ROI-It's time to end the world's delusions over the Iran energy crisis: Russell
By Clyde Russell LAUNCESTON, Australia, April 7 - The U.S. and Israeli war against Iran has been characterised by a series of miscalculations by most of the involved and peripheral parties, but the real danger is the delusion over the scale of the resulting energy crisis.It is delusional of any n...Reuters
Tue, Apr 7
RPT-ROI-LME traders were pricing the wrong metal supply crisis: Andy Home
By Andy Home LONDON, April 2 (Reuters) - Metals traders started the year worrying about a looming supply crunch in copper but ended the first quarter facing a very imminent supply crisis in aluminium. The Iran war, now in its fifth week, has dampened some of the speculative frenzy that spilled o...Reuters
Tue, Apr 7
Asian Development Bank launches $25 million fund for ASEAN power grid
MANILA, April 7 (Reuters) - The Asian Development Bank said on Tuesday that it has launched Southeast Asia's first multi-partner fund to accelerate the development of an ASEAN-wide cross-border power grid and strengthen regional energy security. The initial funding of $25 million for the Regiona...Reuters
Tue, Apr 7
FOCUS-Chinese pigs fed new menu as Beijing weans farmers off US soy
China sees swapping soy for domestic alternatives as a national security issueFarmers motivated by cost savings as economic malaise drives down demandChina imports 80% of its soy needs, with US the second biggest supplierSoy prices have soared amid US-China trade frictions, war in Middle EastBy Daph...Reuters
Tue, Apr 7
PRECIOUS-Gold steady as Trump's Iran deadline keeps markets cautious
Markets cautious ahead of Trump's midnight GMT deadlineIran rejects ceasefire; Trump ramps up threats ahead of deadlineFed presidents highlight inflation concernsFed March policy meeting minutes due on Wednesday By Pablo Sinha April 7 (Reuters) - Gold prices steadied on Tuesday, as investors...Reuters
Tue, Apr 7
GRAINS-Wheat eases on US rain forecast; corn, soybeans firm
Wheat prices fall for 2nd session on U.S. weather outlookCorn, soybeans supported by gains in crude oil pricesBy Naveen Thukral SINGAPORE, April 7 (Reuters) - Chicago wheat futures lost more ground on Tuesday, pressured by forecasts of much-needed rains that could improve crop prospects in the dr...Reuters
Tue, Apr 7
Pioneer Minerals Executes Strategic US Tungsten Processing Collaboration
April 7 (Reuters) - Pioneer Minerals Ltd PMM.AX:EXECUTES STRATEGIC US TUNGSTEN PROCESSING COLLABORATIONEXECUTES NON-BINDING MOU WITH MINERAL TECHNOLOGIES USA FOR SPRINGFIELD CRITICAL MINERALS PROJECTCOLLABORATION TO ASSESS ESTABLISHMENT OF DOMESTIC TUNGSTEN BENEFICIATION CAPABILITY IN THE UNITED STA...Reuters
Tue, Apr 7
Deere settles US right-to-repair lawsuit with $99 million fund, repair commitments
April 6 (Reuters) - U.S. agriculture equipment maker Deere DE.N on Monday agreed to pay $99 million into a settlement fund for farms and farmers that are part of a class action over costs and access to repairs.The case is part of broader scrutiny in the U.S. over so-called right-to-repair practices,...Reuters
Tue, Apr 7
South Korea envoy to visit Kazakhstan, Oman and Saudi Arabia to secure oil supplies
SEOUL, April 7 (Reuters) - South Korean presidential chief of staff Kang Hoon-shik said on Tuesday he would travel to Kazakhstan, Oman and Saudi Arabia to secure supplies of crude oil and naphtha amid disruptions to shipping through the Strait of Hormuz.Reuters
Tue, Apr 7
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