News
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METALS-Copper gains on supply concerns; Fed rate decision eyed
SHANGHAI, Dec 3 (Reuters) - Copper advanced on Wednesday and hovered near a peak set this week, as supply concerns underpinned overall bullishness around the metal, while the market turned its attention to the U.S. Federal Reserve's interest rate decision next week.The most-traded copper contrac...Reuters
Wed, Dec 3
TABLE-UAE's Fujairah oil inventory data for week ended December 1
Dec 3 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended December 1, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change fro...Reuters
Wed, Dec 3
TABLE-North Sea gas maintenance schedule: Revises SSE outage
Dec 3 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAGE...Reuters
Wed, Dec 3
ROI-High and rising natural gas costs may spur fresh climb in US coal use: Maguire
By Gavin MaguireLITTLETON, Colorado, Dec 3 (Reuters) - Benchmark U.S. natural gas prices are ending 2025 in the manner that they began - with a strong rally. And that's bad news for people hoping for further cuts to U.S. coal use. Between January and March of this year, U.S. gas prices jumped by...Reuters
Wed, Dec 3
Gold rebounds on Fed cut expectations; silver hits record high
Gold fell 1% on Tuesday89% chance of Fed rate cut in December - CME FedWatchTrump says plan to announce Fed Chair pick early next yearBy Ishaan Arora Dec 3 (Reuters) - Gold regained ground on Wednesday as investors clung to expectations of a Federal Reserve rate cut, with a raft of U.S. data this
Taiwan says China sometimes stages mock attacks on foreign navy ships in strait
Western navies' transits of Taiwan Strait upset ChinaBeijing sees Strait as Chinese waters; US, Taiwan disagreeTaiwan watching current Chinese military deploymentsBy Ben Blanchard TAIPEI, Dec 3 (Reuters) - China's military sometimes simulates attacks on foreign naval vessels in the Taiwan...Reuters
Wed, Dec 3
Hunt for missing flight MH370 to resume this month, Malaysia says
Latest search in area with highest probability of locating aircraft, Malaysia saysOcean Infinity to begin 55-day search from December 30Beijing-bound flight vanished in 2014, mostly Chinese passengersBy Danial Azhar KUALA LUMPUR, Dec 3 (Reuters) - The search for missing Malaysia Airlines Flight M...Reuters
Wed, Dec 3
TECHNICALS-CBOT soybeans may fall to $11.18-3/4
For more technical analyses, please click SINGAPORE, Dec 3 (Reuters) - The CBOT soybean January contract SF26 may fall to $11.18-3/4 per bushel, driven by a wave c.As the third wave of three-wave cycle from $11.42-1/4, it is expected to travel to $11.18-3/4, the 100% projection level, assuming that ...Reuters
Wed, Dec 3
GRAINS-Soybeans nudge higher on China buying; wheat rises on Black Sea tensions
BEIJING, Dec 3 (Reuters) - Chicago soybean futures inched higher on Wednesday, supported in part by accelerating U.S. soybean shipments to China after months of tariff-related disruptions, though concerns persist over China's overall purchase pace. The most-active soybean contract on the Chicago...Reuters
Wed, Dec 3
WTI drifts lower below $58.50 amid Russia-Ukraine peace hopes
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $58.40 during the Asian trading hours on Wednesday. The WTI declines as the efforts by the US to end the Russia-Ukraine conflict send optimism of a ceasefire sooner than expected.Fxstreet
Wed, Dec 3
Oil prices fall on weak demand as markets await Ukraine peace effort for supply signs
By Katya Golubkova TOKYO, Dec 3 (Reuters) - Oil prices fell for a second day on Wednesday as investors waited to see if peace talks in the Russia-Ukraine war could open up more supply amid wider concerns about a surplus, highlighted by rising inventories. Brent crude futures LCOc1 were down 13 ce...Reuters
Wed, Dec 3
Silver Price Forecast: XAG/USD consolidates below mid-$58.00s, remains close to record high
Silver (XAG/USD) enters a bullish consolidation phase during the Asian session on Wednesday and holds steady near the all-time peak touched earlier this week. The white metal currently trades below mid-$58.00s, down 0.20% for the day, through it lacks follow-through selling.Fxstreet
Wed, Dec 3
Australia's Predictive Discovery surges on $1.38 billion takeover bid from Perseus Mining
PDI shares hit 13-year high on takeover offerPerseus offer at a 24.5% premium to PDI's last closePerseus bid beats Robex-Predictive's merger plan MELBOURNE, Dec 3 (Reuters) - Australian minerals explorer Predictive Discovery PDI.AX said on Wednesday it has received a superior A$2.1 billion (...Reuters
Wed, Dec 3
GRAINS-Soybeans firm amid China demand questions; wheat gains on Black Sea war risks
BEIJING, Dec 3 (Reuters) - Chicago soybean futures inched higher on Wednesday, supported in part by accelerating U.S. soybean shipments to China after months of tariff-related disruptions, though concerns persist over China's overall purchase pace. Wheat extended gains for a second straight sess...Reuters
Wed, Dec 3
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Dec 3 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$62.11/$61.85/$61.60res $62.94/$63.35Palm oil (3rd month)4,202/4,274 ringgitsup 4,121/4,085 ringgitWTI(1st month)$58.02/$57.67res $59.04/$59.49Spot gold$4,176/$4,156res $4,...Reuters
Wed, Dec 3
Russia says no Ukraine compromise reached after five-hour Putin talks with Trump envoys
Putin speaks to Witkoff and Kushner for five hoursKremlin says no compromise reached but talks constructiveKremlin says Russia and U.S. did not agree on territory Zelenskiy warns against dealing behind Ukraine's back Trump says the war is 'a mess'By Guy Faulconbridge, Anton Kolodyazhnyy ...Reuters
Wed, Dec 3
