News
Important Only
WTI holds positive ground near $66.00, eyes on Russia energy curbs
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $66.05 during the early Asian trading hours on Monday. The WTI gains ground as traders assess the impact of new European sanctions on Russian oil supply.
Fxstreet
Mon, Jul 21
TECHNICALS-CBOT soybeans may test support at $10.26-3/4
For more technical analyses, please click SINGAPORE, July 21 (Reuters) - The CBOT soybean November contract SX25 may test support at $10.26-3/4 per bushel, a break below which could trigger a fall into $10.20-3/4 to $10.21-3/4.The contract failed to break a falling trendline. The failure, along with...Reuters
Mon, Jul 21
Alaska Airlines requests ground stop for all mainline aircraft, FAA says
July 20 (Reuters) - Alaska Airlines ALK.N has requested a ground stop for all its mainline aircraft, the U.S. Federal Aviation Administration status page said on Sunday. The reason for the request was not immediately clear.Reuters
Mon, Jul 21
GRAINS-Corn dips but US heat concerns limit losses
CANBERRA, July 21 (Reuters) - Chicago corn futures fell on Monday after a short-covering rally lifted prices by 3.8% last week, with traders balancing concerns that hot weather will shrink U.S. yields against an overall picture of plentiful supply.Wheat futures gave back some of Friday's gains a...Reuters
Mon, Jul 21
CORRECTED-Oil prices little changed as investors eye impact of new sanctions on Russia
SINGAPORE, July 21 (Reuters) - Oil prices barely budged on Monday as traders eyed the impact of new European sanctions on Russian oil supply, rising output from Middle East producers and concerns about fuel outlook as tariffs weighed on global economic growth.Brent crude futures LCOc1 rose 5 cents t...Reuters
Mon, Jul 21
METALS-Shanghai metals rise after China vows to shore up industrial growth
By Hongmei Li SINGAPORE, July 21 (Reuters) - The most-traded metals contracts on the Shanghai Futures Exchange rose on Monday after China's industry ministry last week vowed to stabilise the machinery, autos and electrical equipment sectors.China will roll out action plans to stabilise growth...Reuters
Mon, Jul 21
PRECIOUS-Gold steady as investors await US trade talk updates, ECB decision
July 21 (Reuters) - Gold prices were little changed in early Asian trade on Monday, with investors eyeing further developments on U.S. trade talks and the European Central Bank's policy decision this week.FUNDAMENTALS* Spot gold XAU= rises 0.1% to $3,353.81 per ounce as of 0105 GMT. U.S. gold fu...Reuters
Mon, Jul 21
GRAINS-Corn dips but US heat concerns limit losses
CANBERRA, July 21 (Reuters) - Chicago corn futures fell on Monday after a short-covering rally lifted prices by 3.8% last week, with traders balancing concerns that hot weather will shrink U.S. yields against an overall picture of plentiful supply. Wheat futures edged lower and soybeans were down fo...Reuters
Mon, Jul 21
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, July 21 (Reuters) - Contract Target Support/Resistance Brent oil $68.61res $69.62/$70.07/$70.63Palm oil (3rd month)4,292/4,273/4,254 ringgitres 4,354/4,392 ringgitWTI* $67.19/$66.77/$66.25res $67.61/$68.13Spot gold$3,375sup $3,344/$3,325/$3,3...Reuters
Mon, Jul 21
Gold Price Forecast: XAU/USD trades with mild gains near $3,350 on tariff uncertainty
The Gold price ( XAU/USD) trades with mild gains near $3,350 during the early Asian session on Monday. Uncertainty around trade talks is likely to support Gold's safe-haven demand as a tariff deadline with the US looms.Fxstreet
Mon, Jul 21
China's exports of rare earth magnets to the US surge in June
BEIJING, July 20 (Reuters) - China's exports of rare earth magnets to the United States in June soared to more than seven times their May level, marking a sharp recovery in the flow of critical minerals used in electric vehicles and wind turbines after a Sino-U.S. trade deal.Reuters
Mon, Jul 21
RPT-EXCLUSIVE-China quietly issues 2025 rare earth quotas, sources say
China tightens control over rare earth sector amid trade tensionsOnly two state-owned groups eligible for quotas last yearChina controls rare earth supply via quota system July 18 (Reuters) - China has quietly issued its first 2025 rare earth mining and smelting quotas without the typical public ...Reuters
Sun, Jul 20
Iran to hold nuclear talks with European powers on Friday
DUBAI, July 20 (Reuters) - Iran, Britain, France and Germany will hold nuclear talks in Istanbul on Friday, an Iranian Foreign Ministry spokesperson said early on Monday, following warnings by the three European countries that failure to resume negotiations would lead to international sanctions bein...Reuters
Sun, Jul 20
Russia Rosneft slams EU sanctions on India's Nayara refinery
MOSCOW, July 20 (Reuters) - Rosneft ROSN.MM, Russia's biggest oil producer, on Sunday slammed European Union sanctions on India's Nayara Energy refinery as unjustified and illegal, saying the restrictions directly threatened India's energy security.The European Union's 18th package o...Reuters
Sun, Jul 20
Russia Rosneft slams EU sanctions on India's Nayara refinery
MOSCOW, July 20 (Reuters) - Rosneft ROSN.MM, Russia's biggest oil producer, on Sunday slammed European Union sanctions on India's Nayara Energy refinery as unjustified and illegal, saying the restrictions directly threatened India's energy security.The Russian oil giant accused the EU of...Reuters
Sun, Jul 20
Putin meets top Iranian adviser Larijani, discusses Middle East tensions, nuclear issues
MOSCOW, July 20 (Reuters) - Russian President Vladimir Putin held a meeting on Sunday with Ali Larijani, a senior adviser to Iran's Supreme Leader Ayatollah Ali Khamenei, Russian state-run RIA news agency reported, citing Kremlin spokesman Dmitry Peskov.The two discussed the escalating situation...Reuters
Sun, Jul 20
Kuwait to ban poultry imports from several US areas due to bird flu, lifts Brazilian poultry ban, state news agency says
CAIRO, July 20 (Reuters) - Kuwait's Public Authority for Food and Nutrition ordered a ban on poultry imports from several areas in the U.S. because of bird flu, the Kuwaiti state news agency said on Sunday.The authority also lifted the ban on Brazilian poultry of all kinds, the state news agency...Reuters
Sun, Jul 20
Typhoon rains batter Hong Kong before Wipha weakens to severe tropical storm in Guangdong
HONG KONG, July 20 (Reuters) - Rains from Typhoon Wipha pounded Hong Kong on Sunday as the storm skirted southwards before making landfall on the coast of China's Guangdong province, leaving fallen trees and scaffolding and sending over 200 people to seek refuge at temporary shelters.Hong Kong&#...Reuters
Sun, Jul 20
Bangladesh signs US wheat-import deal in bid to curb tariff pressure
DHAKA, July 20 (Reuters) - Bangladesh signed a deal on Sunday to import 700,000 tonnes of wheat annually from the United States over the next five years, in a move aimed at securing tariff relief from the Trump administration amid growing trade tensions, officials said.The agreement — formalised thr...Reuters
Sun, Jul 20
