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EUROPE GAS-Prices edge lower on stable supply
LONDON, July 22 (Reuters) - Dutch and British wholesale gas prices edged down on Tuesday morning on stable supply and demand.The benchmark Dutch front-month contract at the TTF hub TRNLTTFMc1 was down 0.42 euro at 33.33 euros per megawatt hour (MWh) by 0854 GMT, LSEG data showed.The September contr...Reuters
Tue, Jul 22
METALS-Shanghai aluminium hits nearly 9-month high on prospect of better China demand
By Hongmei Li SINGAPORE, July 22 (Reuters) - The most-traded aluminium contract on the Shanghai Futures Exchange on Tuesday hit the highest since November on possibly better demand for metals from China as authorities vow to stabilise industrial growth, including metals.SHFE aluminium SAFcv1 rose...Reuters
Tue, Jul 22
Indian cities need $2.4 trillion for climate infrastructure by 2050, World Bank says
India's urban population to nearly double by 2050Cities face erratic rainfall, heatwaves, rising sea levelsUrban flooding damage could cost $30 billion annually by 2070By Nikunj OhriNEW DELHI, July 22 (Reuters) - India needs to invest more than $2.4 trillion by 2050 to build climate-resilient ur...Reuters
Tue, Jul 22
PRECIOUS-Gold eases from one-month high on firmer dollar, profit-taking
ECB's policy decision due on ThursdayFed policy meeting scheduled for next weekBy Brijesh Patel July 22 (Reuters) - Gold prices eased on Tuesday from their highest level in more than a month, pressured by profit-taking and a slight rebound in the dollar, while investors looked for progress in...Reuters
Tue, Jul 22
Canada's La Caisse confirms investment in UK's Sizewell C
July 22 (Reuters) - La Caisse Centrale Desjardins Du Quebec [RIC:RIC:CCDJ.UL]:LA CAISSE COMMITS TO INVEST IN SIZEWELL C, A CRITICAL ASSET FOR ECONOMIC GROWTH AND ENERGY SECURITY IN UKCOMMITMENT TO INVEST UP TO £1.7 BILLION (CAD 3.2 BILLION) IN SIZEWELL CINVESTMENT REPRESENTS A 20% STAKE IN SIZEWELL ...Reuters
Tue, Jul 22
Spain's Enagas swings to first-half net profit
MADRID, July 22 (Reuters) - Spanish gas grid operator Enagas ENAG.MC said on Tuesday it booked a net profit of 176 million euros ($205.66 million) in the first half of the year after a capital loss on the sale of an asset in the U.S. plunged it in the red a year ago. Gains from a disposal and the up...Reuters
Tue, Jul 22
Capricorn Energy Sees Drilling Of 10 Development Wells In 2nd Half Of 2025
July 22 (Reuters) - Capricorn Energy PLC CNE.L:CAPRICORN ENERGY PLC - OPERATIONAL AND TRADING UPDATECAPRICORN ENERGY - IN 2ND HALF OF 2025, CO FORECASTS DRILLING OF 10 DEVELOPMENT WELLSCAPRICORN ENERGY: BASED ON AN EGPC PAYMENT PLAN, EXPECTING PAYMENTS IN H2 OF AT LEAST $90 MILLIONCAPRICORN ENERGY ...Reuters
Tue, Jul 22
Russia may export 53-55 mln tons of grain in 2025-2026 season, Interfax cites minister
MOSCOW, July 22 (Reuters) - Russian Agriculture Minister Oksana Lut said Russian grain exports may reach 53-55 million metric tons in 2025-2026 season, the Interfax news agency reported on Tuesday. She added that the ministry maintained the forecast for the grain crop at not less than 135 million ...Reuters
Tue, Jul 22
TECHNICALS-CBOT soybeans may test support at $10.15
For more technical analyses, please click SINGAPORE, July 22 (Reuters) - The CBOT soybean November contract SX25 may test support at $10.15 per bushel, as suggested by its wave pattern and a projection analysis.The fall from $10.74-1/4 may have adopted a double-zigzag pattern, consisting of seven wa...Reuters
Tue, Jul 22
Israel intercepts missile fired from Yemen
July 22 (Reuters) - Yemen's Houthi militant group said on Tuesday it had launched a ballistic missile at Israel's Ben Gurion Airport near Tel Aviv. The Israeli military said it had intercepted a missile launched from Yemen following the activation of air raid sirens in multiple regions acros...Reuters
Tue, Jul 22
Spain's Enagas swings to first-half net profit
MADRID, July 22 (Reuters) - Spanish gas grid operator Enagas ENAG.MC said on Tuesday it booked a net profit of 176 million euros ($205.66 million) in the first half of the year, helped by gains from a disposal and the upwards revision of the amount it was awarded in an arbitration on an investment i...Reuters
Tue, Jul 22
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $65.31 per barrel, down from Monday’s close at $65.68.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $68.05 after its previous daily close at $68.39.
Fxstreet
Tue, Jul 22
COLUMN-Holes in EU Russia sanctions put attention back on Trump oil threat: Bousso
EU sanctions unlikely to impact Russia's oil revenue severelyIndia and China may continue buying discounted Russian crudeTrump's secondary sanctions could pressure Russia but risk global oil price surgeBy Ron Bousso LONDON, July 22 - The European Union's latest effort to restrict Russ...Reuters
Tue, Jul 22
Russia may export 53-55 mln tons of grain in 2025-2026 season, Interfax cites minister
MOSCOW, July 22 (Reuters) - Russian Agriculture Minister Oksana Lut said Russian grain exports may reach 53-55 million metric tons in 2025-2026 season, the Interfax news agency reported on Tuesday. She added that the ministry maintained the forecast for the grain crop at not less than 135 million ...Reuters
Tue, Jul 22
China's Cosco seeks veto power in deal for Li Ka-shing's ports, Bloomberg News reports
July 21 (Reuters) - China's state-owned shipping company China Cosco Shipping is looking to join the global consortium that's acquiring Hong Kong business tycoon Li Ka-shing's overseas ports and is requesting veto rights or equivalent power in the entity which will take over 43 ports, Bl...Reuters
Tue, Jul 22
Gold price remains below $3,400, potential upside on trade-related anxiety
Gold price (XAU/USD) edges lower on Tuesday after two days of gains. However, the price of the safe-haven metal may appreciate due to prevailing uncertainty ahead of US President Donald Trump's August 1 tariff deadline.
Fxstreet
Tue, Jul 22
Jfe Holdings CEO - We Need To Consider Risk Of Prolonged Low Steel Prices Due To High Production And Exports From China
July 22 (Reuters) - JFE Holdings Inc 5411.T:JFE HOLDINGS CEO: WE NEED TO CONSIDER RISK OF PROLONGED LOW STEEL PRICES DUE TO HIGH PRODUCTION AND EXPORTS FROM CHINAJFE HOLDINGS CEO: AIM TO SHIFT OUR MANAGEMENT RESOURCES TOWARD GROWTH MARKETS SUCH AS THE US AND INDIASource text: [ID:]Reuters
Tue, Jul 22
GRAINS-Wheat falls as Russia's new crop arrives on the market
CANBERRA, July 22 (Reuters) - Chicago wheat futures fell on Tuesday as top exporter Russia began to ship grain from its new crop, underscoring expectations of plentiful supply in the months ahead. Corn and soybean futures rose slightly, clawing back some of the previous session's losses amid a m...Reuters
Tue, Jul 22
PRESS DIGEST-British Business - July 22
July 22 (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- Britain's economy could gain an extra 3.7 billion pounds ($4.99 billion) a year and create more th...Reuters
Tue, Jul 22
