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PRECIOUS-Gold prices dip as markets brace for 'hawkish' Fed tone
US 10-year Treasury yields hit near 2-1/2-month high on MondayAnalysts expect 'hawkish' US interest rate cutFOMC policy meeting on December 9-10By Ishaan Arora Dec 9 (Reuters) - Gold edged down on Tuesday as investors, having mostly priced in a Federal Reserve rate cut, looked ahead for c...Reuters
Tue, Dec 9
US military developing small refineries for critical minerals
Army program aims to refine antimony and other critical mineralsAntimony will be first, with annual output of 7 to 9 metric tonsTungsten, rare earths, boron also eyed for refiningBy Ernest Scheyder Dec 9 (Reuters) - The U.S. military said it plans to develop a fleet of small-scale refineries to p...Reuters
Tue, Dec 9
ROI-Texas makes clean power breakthrough as solar output overtakes coal: Maguire
By Gavin MaguireLITTLETON, Colorado, Dec 9 (Reuters) - For the first time, Texas' main power system looks set to generate more power from solar farms than coal plants during a calendar year in 2025, marking a key new energy transition milestone for the largest power network in the U.S. The Elect...Reuters
Tue, Dec 9
Silver Price Forecast: XAG/USD consolidates around $58 as Fed’s policy comes into spotlight
Silver price (XAG/USD) trades in a tight range around $58.00 during the late Asian trading session on Tuesday. The white metal turns sideways as investors await the monetary policy announcement by the Federal Reserve (Fed), scheduled for Wednesday.
Fxstreet
Tue, Dec 9
PRECIOUS-Gold prices steady as markets brace for 'hawkish' Fed tone
US 10-year Treasury yields rise to near 2-1/2 high on MondayAnalysts expect 'hawkish' US interest rate cutFOMC policy meeting on December 9-10By Ishaan Arora Dec 9 (Reuters) - Gold traded flat on Tuesday as investors had largely priced in a Federal Reserve rate cut, while bracing for sign...Reuters
Tue, Dec 9
Fusion energy industry presses US government for billions in support
By Timothy Gardner WASHINGTON, Dec 9 (Reuters) - Fusion energy industry leaders met with U.S. Department of Energy officials on Monday to urge them to facilitate billions of dollars for projects seeking to generate electricity by the process that powers the sun.The department in November created ...Reuters
Tue, Dec 9
US solar installations jump 49% in third quarter, report says
By Pranav Mathur Dec 9 (Reuters) - The U.S. solar industry installed 11.7 gigawatts of new solar capacity in the third quarter, a jump of 49% sequentially, a study by the Solar Energy Industries Association and Wood Mackenzie showed on Tuesday.The report said solar accounted for 58% of all new e...Reuters
Tue, Dec 9
Gold extends the range play as traders await FOMC decision for directional impetus
Gold (XAU/USD) extends its sideways consolidative price move through the Asian session on Tuesday and remains confined in a familiar range held over the past week or so. Traders now seem reluctant and opt to move to the sidelines ahead of the FOMC rate decision on Wednesday.Fxstreet
Tue, Dec 9
TECHNICALS-CBOT soybeans may fall into $10.86-1/4 to $10.89-1/2 range
For more technical analyses, please click SINGAPORE, Dec 9 (Reuters) - The CBOT soybean January contract SF26 may extend loss into a range of $10.86-1/4 to $10.89-1/2 per bushel, as suggested by its wave pattern and a projection analysis.The contract is riding on a wave c, the third wave of three-wa...Reuters
Tue, Dec 9
US judge rejects Trump administration's halt of wind energy permits
Judge rules Trump's wind project suspension unjustified17 Democratic-led states challenged the suspensionOffshore wind group supports ruling for economic and energy prioritiesBy Nate Raymond and Nichola Groom BOSTON, Dec 8 (Reuters) - A federal judge on Monday struck down an order by U.S. Pre...Reuters
Tue, Dec 9
GRAINS-Soybean rally unwinds on China demand doubts, ample supply
CANBERRA, Dec 9 (Reuters) - Chicago soybean futures fell to a six-week low on Tuesday, dragged down by doubts about the scale of Chinese demand for U.S. beans and expectations that large South American production will keep the market well supplied.Corn and wheat futures rose after data showed health...Reuters
Tue, Dec 9
New Zealand navy encountered Taiwan warship during strait transit last month
New Zealand navy ship transited Taiwan Strait last monthChina claims sovereignty over the straitChina's military regularly patrols Taiwan StraitBy Lucy Craymer, Ben Blanchard and Yimou Lee WELLINGTON/TAIPEI, Dec 9 (Reuters) - The New Zealand navy's largest ship encountered a Taiwanese war...Reuters
Tue, Dec 9
Soybeans dip below $11 on doubts about demand for US exports
U.S. soybean futures fell below $11 a bushel on Monday for the first time since October on uncertainty over whether China will buy as much U.S. supply as Washington expects and as South American crop weather favored large soy harvests that could begin in Brazil in about a month, analysts said.Reuters
Tue, Dec 9
Gold Price Forecast: XAU/USD edges lower below $4,200 amid worries about hawkish Fed rate cut
Gold Price (XAU/USD) trades in negative territory around $4,195 during the early Asian session on Tuesday. The precious metal edges lower amid concerns that the US Federal Reserve (Fed) will adopt a hawkish tone in its rhetoric, despite delivering a rate cut on Wednesday.Fxstreet
Tue, Dec 9
GRAINS-Soybean rally unwinds on China demand doubts, ample supply
CANBERRA, Dec 9 (Reuters) - Chicago soybean futures fell to their lowest levels since October on Tuesday, bogged down by doubts around whether China would buy as many U.S. beans as Washington expects, while traders looked ahead to large South American harvests that will keep the market well supplied...Reuters
Tue, Dec 9
Oil steadies, Ukraine peace talks and US rate decision in spotlight
Dec 9 (Reuters) - Oil prices steadied on Tuesday after slipping 2% in the previous session, as market participants kept a close eye on peace talks to end Russia’s war in Ukraine and a looming decision on U.S. interest rates. Brent crude futures LCOc1 were down 2 cents, or 0.03%, to $62.47 a barrel a...Reuters
Tue, Dec 9
LIVESTOCK-Cattle futures retreat on profit-taking after 1-month high
By Julie Ingwersen CHICAGO, Dec 8 (Reuters) - Chicago Mercantile Exchange live cattle futures closed lower on Monday as traders took profits after the benchmark February contract LCG26 notched its highest in nearly a month, analysts said.Still, tight cattle supplies and wintry weather in the U.S....Reuters
Tue, Dec 9
