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CBOT wheat ends down on harvest progress, weather
CHICAGO, July 21 (Reuters) - Chicago Board of Trade wheat futures ended lower on Monday as farmers in Russia began selling more wheat, the U.S. winter wheat harvest progressed, and weather for the spring wheat crop looked favorable. The U.S. Department of Agriculture is expected to report that the ...Reuters
Mon, Jul 21
SOFTS-Robusta coffee falls nearly 5% on ample supplies, cocoa up
NEW YORK, July 21 (Reuters) - Robusta coffee futures on ICE fell nearly 5% on Monday to hit a 16-month low with newly harvested beans from Brazil and Indonesia ensuring that supplies remain ample while cocoa regained some ground after recent weakness. COFFEE* Robusta coffee LRCc2 settled down $...Reuters
Mon, Jul 21
Oil slips as little impact seen from EU sanctions on Russia
EU sanctions target Russian crude supplySanctions unlikely to affect supplies, analysts sayIran nuclear talks could affect oil market dynamicsUS tariffs on EU imports could influence oil demandBy Georgina McCartney HOUSTON, July 21 (Reuters) - Oil prices settled slightly lower on Monday as the la...Reuters
Mon, Jul 21
US natgas prices fall 7% to 1-week low on record output, lower demand forecasts
March-April spread premium lowest since 4 March, 2020Gas stockpiles at 6% over normal and growing Gas output hits daily record high on July 18By Scott DiSavinoJuly 21 (Reuters) - U.S. natural gas futures fell about 7% to a one-week low on Monday on record output and forecasts for less hot weather ov...Reuters
Mon, Jul 21
PRECIOUS-Gold hits five-week high as dollar, yields ease; spotlight on trade
EU to ramp up retaliation plans as US tariff deal prospects dimBessent says Fed needs to be examined as an institutionSilver, palladium up 2% By Sherin Elizabeth Varghese and Ashitha Shivaprasad July 21 (Reuters) - Gold prices gained over 1% to hit a five-week high on Monday as the dollar and U.S...Reuters
Mon, Jul 21
CBOT corn futures fall as weather fears recede
CHICAGO, July 21 (Reuters) - Chicago Board of Trade corn futures finished lower on Monday as worries about excessive heat in the U.S. corn belt faded, with forecasts for showers emerging. The U.S. Midwest will see a brief burst of heat midweek, but showers are expected to limit stress to the corn cr...Reuters
Mon, Jul 21
CANADA RESEARCH ROUNDUP-Arizona Metals, George Weston, Loblaw Companies
July 21 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Arizona Metals, George Weston and Loblaw Companies on Monday.HIGHLIGHTS * Arizona Metals Corp AMC.TO: Scotiabank cuts to sector perform from sector outperform* Bombardier BBDb.TO:...Reuters
Mon, Jul 21
Gold soars above $3,390 as US Dollar, Treasury yields slide on trade jitters, Fed independence
Gold price rallied over 1% on Monday as the US Dollar and US Treasury yields tumbled sharply amid uncertainty over trade deals, amid an overall risk-on mood on the markets. At the time of writing, the XAU/USD trades at $3,397 after bouncing off daily lows of $3,338.
Fxstreet
Mon, Jul 21
US Cash Grains-Corn, soybean basis mixed as futures drop
CHICAGO, July 21 (Reuters) - Spot basis bids for corn and soybeans were mixed in the U.S. Midwest on Monday as futures dropped and selling remained slow.Farmer sales of both commodities have been slow this week as cash prices are hovering near recent lows.Warm weather and heavy rains have created a ...Reuters
Mon, Jul 21
GRAINS-Corn, soybeans fall as rain expected to help US crops
Midwest showers pressure soybeans and cornWheat dips on Russian farmer salesTariff concerns ahead of August 1 deadline pressure grains and oilseedsBy Renee Hickman CHICAGO, July 21 (Reuters) - Chicago corn and soybean futures fell on Monday on forecasts for crop-friendly rain in U.S. grain belts ...Reuters
Mon, Jul 21
Construction sector must tackle tariff-driven disruptions: QBE
By Navneeta NandanJuly 21 - (The Insurer) - Construction firms are reassessing their procurement strategies and project planning as they face escalating geopolitical risks as a result of changing U.S. trade policy, QBE warned in a report on Monday.The report noted that tariffs on key construction ma...Reuters
Mon, Jul 21
Europe Gasoline/Naphtha-Gasoline profit margins edge lower
LONDON, July 21 (Reuters) - Northwest European gasoline profit margins were down by 30 cents a barrel on Monday at $14.05.A total of 14,000 metric tons of Eurobob E5 gasoline barges traded, with ExxonMobil, BP and Trafigura selling to TotalEnergies, Gunvor and Aramco.An additional 8,000 tons of Euro...Reuters
Mon, Jul 21
METALS-Zinc hits four-month peak as availability on LME declines
By Pratima Desai LONDON, July 21 (Reuters) - Zinc prices rose to four-month highs on Monday as worries about tightness on the London Metal Exchange surfaced after data showed more than half of stocks in its approved warehouses had been marked to leave the system.Benchmark zinc CMZN3 on the LME wa...Reuters
Mon, Jul 21
UK court to rule on how much HP owed by late Mike Lynch's estate over Autonomy deal
LONDON, July 21 (Reuters) - London's High Court will on Tuesday give its long-awaited ruling on how much Hewlett Packard is owed over its acquisition of British software firm Autonomy by the estate of its late co-founder Mike Lynch and his former business partner.HP sued Lynch – who died last Au...Reuters
Mon, Jul 21
Power Up: Chevron's big win
July 21 - By Liz HamptonU.S. energy markets editor Hello Power Up readers! Oil prices are down to kick off the week, as the latest European sanctions on Russian oil appear to have minimal impact on supplies. The European Union on Friday approved the 18th package of sanctions against Russia over ...Reuters
Mon, Jul 21
SOFTS-Robusta coffee falls on ample supplies, cocoa edges up
LONDON, July 21 (Reuters) - Robusta coffee futures fell on Monday with newly harvested beans from Brazil and Indonesia ensuring that supplies remain ample while cocoa regained some ground after recent weakness.COFFEE* Robusta coffee LRCc2 lost 3.8% at $3,221 a metric ton by 1500 GMT.* Dealers said t...Reuters
Mon, Jul 21
Russian, Iranian defence ministers discuss strengthening military cooperation, RIA reports
MOSCOW, July 21 (Reuters) - Russian Defence Minister Andrei Belousov and his Iranian counterpart Aziz Nasirzadeh discussed strengthening military cooperation at a meeting in Moscow, Russian state news agency RIA reported on Monday, citing the Iranian ambassador.The meeting followed talks on Sunday b...Reuters
Mon, Jul 21
Canada's La Caisse, Amber Infrastructure to invest in Britain's Sizewell C, Les Echos reports
PARIS, July 21 (Reuters) - Canadian investment fund La Caisse will join up with Britain's Amber Infrastructure to become the largest private investors in Britain's Sizewell C nuclear project, French newspaper Les Echos reported on Monday.The business newspaper said that final decisions on th...Reuters
Mon, Jul 21
US natgas prices fall 4% to 1-week low on record output, lower demand forecasts
March-April spread premium lowest since 4 March, 2020Gas stockpiles at 6% over normal and growing Gas output hits daily record high on July 18By Scott DiSavinoJuly 21 (Reuters) - U.S. natural gas futures fell about 4% to a one-week low on Monday on record output, forecasts for less hot weather and l...Reuters
Mon, Jul 21
