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EU to ramp up retaliation plans as US tariff deal prospects dim
Agreement hopes hit by Trump 30% tariff threat, DC talksDiplomats say EU members considering anti-coercion powersSome EU states still baulk at using 'nuclear option'By Philip Blenkinsop BRUSSELS, July 21 (Reuters) - The European Union is exploring a broader set of possible counter-measure...Reuters
Mon, Jul 21
Canada's CDPQ, Amber Infrastructure to invest in Britain's Sizewell C, Les Echos reports
PARIS, July 21 (Reuters) - Canadian investment fund Caisse de depot et de placement du Quebec (CDPQ) 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 ne...Reuters
Mon, Jul 21
CBOT Trends-Wheat up 1-2 cents, corn down 2-3, soy down 6-7
CHICAGO, July 21 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Monday. WHEAT - Up 1 to 2 cents per bushelWheat futures firm on hopes that slow farmer selling of Russia's new cro...Reuters
Mon, Jul 21
Silver Price Forecast: XAG/USD steadies near $38.50, eyes breakout above $39.00
Silver (XAG/USD) starts the week on firmer ground after a mild pullback last week. As of now, the metal is trading near $38.50 during the early American trading hours on Monday, just shy of the multi-year high of $39.13 set on July 14.
Fxstreet
Mon, Jul 21
Canopius names Pinnington to lead marine and energy treaty, confirms Wright hire
By Ashish TiwariJuly 21 - (The Insurer) - Canopius Group has promoted Ben Pinnington to head of marine and energy treaty and confirmed the appointment of Imogen Wright to the team, the company said on Monday.The Insurer was the first to report earlier this month that Wright had resigned as vice pres...Reuters
Mon, Jul 21
Putin says FSB approval will be needed for foreign vessels entering Russian ports
MOSCOW, July 21 (Reuters) - Foreign vessels will require the approval of Russia's FSB security service to access the country's ports, according to a decree signed by President Vladimir Putin. The decree said that permission from port authorities for foreign ships to enter would need to be...Reuters
Mon, Jul 21
Parametric cover to protect incomes of Sri Lanka fishermen in unsafe weather
By Henry GaleJuly 21 - (The Insurer) - Sri Lankan insurer HNB General has launched a parametric insurance product for fishermen unable to work in extreme weather, its partner telecommunications company Dialog Axiata said on Friday.The parametric cover will be provided through an app, offered by Dial...Reuters
Mon, Jul 21
RPT-COLUMN-Asia's LNG imports stay soft in July as Europe draws cargoes: Russell
By Clyde RussellLAUNCESTON, Australia, July 21 (Reuters) - Asia's run of subdued imports of liquefied natural gas (LNG) is set to extend for another month in July, with the top-importing region on track for a tiny increase from June.Asia's imports of the super-chilled fuel are estimated at 2...Reuters
Mon, Jul 21
GRAINS-Corn and soybeans fall as rain seen helping US crops, wheat firm
By Michael Hogan HAMBURG, July 21 (Reuters) - Chicago corn and soybean futures fell on Monday on forecasts for crop-friendly rain in U.S. grain belts this week.Wheat was firm as slow farmer selling of Russia's new crop could transfer export sales to the United States.Chicago Board of Trade mo...Reuters
Mon, Jul 21
Gold Price Forecast: XAU/USD jumps to near $3,370, following base-building near 20-EMA
Gold price (XAU/USD) advances to near $3.370 during the European trading session on Monday. The precious metal gains as the US Dollar (USD) corrects after failing to extend its recent upside move. Technically, lower US Dollar makes the Gold price an attractive bet for investors.Fxstreet
Mon, Jul 21
PRECIOUS-Gold rises on weaker US dollar as investors await trade developments
Lutnick is confident US will secure trade deal with EUInflation, strong data cloud Fed rate cut expectations, ANZ saysChina's imports of gold, platinum fall in June from prior monthBy Anmol Choubey July 21 (Reuters) - Gold prices firmed on Monday, bolstered by a weaker U.S. dollar, while inve...Reuters
Mon, Jul 21
Russia tightens port access rules for foreign vessels, Putin decree shows
MOSCOW, July 21 (Reuters) - Foreign vessels will require permission from Russia's FSB security service to access the country's ports, according to a decree signed by President Vladimir Putin and published on Monday.The decree comes into force immediately.Reuters
Mon, Jul 21
Gold eyes breakout above $3375 – Société Générale
Gold is consolidating below key resistance at $3375, with technical indicators hinting at renewed bullish momentum. A breakout could open the path toward $3450 and April’s highs near $3500, while $3280 remains crucial support, Société Générale's FX analysts note.Fxstreet
Mon, Jul 21
METALS-Zinc hits 4-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
AVZ Minerals says Congo deal with KoBold breaches arbitration order
DAKAR, July 21 (Reuters) - Australia-based AVZ Minerals 3A2.H, which holds a majority stake in the contested Manono lithium project in the Democratic Republic of Congo, said on Monday a new deal between Kinshasa and U.S.-backed KoBold Metals to develop part of the project breaches an existing intern...Reuters
Mon, Jul 21
EU to ramp up retaliation plans as US tariff deal prospects dim
Agreement hopes hit by Trump 30% tariff threat, DC talksDiplomats say EU members considering anti-coercion powersSome EU states still baulk at using 'nuclear option'By Philip Blenkinsop BRUSSELS, July 21 (Reuters) - The European Union is exploring a broader set of possible counter-measure...Reuters
Mon, Jul 21
ANALYSIS-US sanctions could cause chaos on Latam farms run on Russian fertilizers
Russia fertilizer shipments to Brazil up 30% in first halfBrazil farm group: Russian fertilizer essential for corn, soyMexico imported more than $580 million of Russian fertilizer last yearMexico avocado growers say price of their product could soarBy Ana Mano and Cassandra Garrison SAO PAULO/MEX...Reuters
Mon, Jul 21
