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Silver sinks as risk-on sentiment, trade optimism weigh
Silver (XAG/USD) sinks on Tuesday, trading around $48.70 at the time of writing, down 7.00% for the day after briefly touching an intraday low at $47.90.
Silver
Fxstreet
Tue, Oct 21
Europe Gasoline/Naphtha-Gasoline cracks inch higher
LONDON, Oct 21 (Reuters) - Northwest European gasoline profit margins rose slightly, by about 16 cents a barrel on Tuesday, in line with broadly stable crude futures markets.A total of 10,000 metric tons of Eurobob E5 gasoline barges traded as Varo, ExxonMobil and BP sold to Trafigura, Gunvor, Total...
Reuters
Tue, Oct 21
EU wheat ticks down in quiet trade before Algerian tender
PARIS, Oct 21 (Reuters) - European wheat futures edged down in light trade on Tuesday as increased production estimates for exporting countries maintained supply pressure while traders awaited the outcome of a tender by major importer Algeria.December wheat BL2Z5 on the Paris-based Euronext market s...
Reuters
Tue, Oct 21
China to buy Brazil's deforestation-free beef, says NGO
By Ana Mano BRASÍLIA, Oct 21 (Reuters) - A powerful association of Chinese beef importers has committed to buying deforestation-free Brazilian beef under a new certification protocol developed by Brazilian NGO Institute for Forest and Agricultural Management and Certification (Imaflora).The move,...
Reuters
Tue, Oct 21
PRECIOUS-Gold retreats after record rally, on track for biggest daily drop since 2020
Gold hit record high of $4,381.21 per ounce on MondayFocus is on US inflation data due on FridayTrump to meet China's President Xi Jinping next week in South KoreaSilver down more than 6%By Noel John and Sherin Elizabeth Varghese Oct 21 (Reuters) - Gold prices were on track for their steepest...
Reuters
Tue, Oct 21
ANALYSIS-Trump's Colombia tariffs would flip US policy on drugs, trade
Colombia has been major US ally, recipient of aidSteep tariffs would hit legitimate businesses, analysts sayAlienating Latin America provides opportunity for ChinaBy Patricia Zengerle and Nelson Bocanegra WASHINGTON/BOGOTA, Oct 21 (Reuters) - U.S. President Donald Trump's threat this week to ...
Reuters
Tue, Oct 21
Brazil 2025/26 sugar output expected to rise to 41.42 mln metric tons, Datagro says
SAO PAULO, Oct 21 (Reuters) - Brazil's sugar production in the key center-south region in the 2025/2026 season is expected to rise 3.1% from the previous season to 41.42 million metric tons, Plinio Nastari, president of Agribusiness consultancy Datagro, said on Tuesday.The increase is expected d...
Reuters
Tue, Oct 21
EU trade chief to meet Chinese counterpart to discuss rare earths
BRUSSELS, Oct 21 (Reuters) - European Trade Commissioner Maros Sefcovic said on Tuesday he had invited his Chinese counterpart Commerce Minister Wang Wentao to Brussels to find "urgent solutions" to China's tightening of its restrictions on rare earth exports."The minister Wang Wenta...
Reuters
Tue, Oct 21
Citi Expects Gold Prices To Remain At $4,000/oz In The Near Term
Oct 21 (Reuters) - Citi:SAYS IN THE NEAR TERM THEY SEE GOLD (PREVIOUSLY BULLISH BUT NOW BEARISH) AT $4,000/OZ 0-3 MONTH TARGETEXPECTS THAT AN END TO THE US SHUTDOWN AND CHINA-US DEAL ANNOUNCEMENTS CAN CONTRIBUTE TO A CONSOLIDATION OVER THE NEXT 2-3 WEEKS FOR GOLDSAYS MEDIUM-TERM BULLISH COPPER AND A...
Reuters
Tue, Oct 21
France orders poultry indoors as bird flu spreads in Europe
PARIS, Oct 21 (Reuters) - France has raised its bird flu alert level to 'high' from 'moderate', requiring farms nationwide to keep poultry indoors as Europe faces a swift seasonal resurgence of the disease.The spread of avian influenza, commonly called bird flu, has raised concerns a...
Reuters
Tue, Oct 21
Polish, US officials discussed boosting US LNG supplies to Central Europe
WARSAW, Oct 21 (Reuters) - Top Polish and U.S. energy officials discussed a potential boost of supplies of U.S. liquefied natural gas (LNG) via Poland to Central Europe to reduce the region's dependence on Russian gas, Poland's energy ministry said on Tuesday. Last week, Poland's Deputy ...
Reuters
Tue, Oct 21
PRECIOUS-Gold on track for biggest daily drop since 2020 on profit-taking, stronger dollar
Gold hit record high of $4,381.21 per ounce on MondayFocus is on US inflation data due on FridayTrump to meet China's President Xi Jinping next week in South KoreaSilver down more than 8%By Noel John and Sherin Elizabeth Varghese Oct 21 (Reuters) - Gold prices were on track for the steepe...
Reuters
Tue, Oct 21
Venezuela asks US court to reject Elliott affiliate's bid for Citgo parent
By Marianna Parraga HOUSTON, Oct 21 (Reuters) - Lawyers representing U.S. refiner Citgo Petroleum and its owner Venezuela asked the court on Tuesday to reject a bid from an affiliate of Elliott Investment Management due to its "low price," which was below a rival offer submitted to court,...
Reuters
Tue, Oct 21
WTI Oil stabilizes as oversupply concerns persist, Fed easing offers support
West Texas Intermediate (WTI) US Oil hovers around $57 on Tuesday at the time of writing, stable for the day.
WTI
Fxstreet
Tue, Oct 21
FACTBOX-Automakers pool with EV makers to avoid EU emissions fines
MILAN, Oct 21 (Reuters) - Automakers have formed alliances to help them avoid hefty European Union fines on carbon emissions by purchasing credits from electric vehicle companies.Several legacy automakers face potential fines as the transition to EVs in Europe has proved slower than expected in rece...
Reuters
Tue, Oct 21
Carney cautious about report of potential Canadian trade deal with US
OTTAWA, Oct 21 (Reuters) - Canadian Prime Minister Mark Carney on Tuesday expressed caution after a newspaper reported he might soon sign a trade deal on steel and aluminum with the U.S., saying "I wouldn't overplay it." The Globe and Mail, citing sources familiar with the matter...
Reuters
Tue, Oct 21
Chinese importers commit to buying Brazil deforestation free beef, says NGO
BRASÍLIA, Oct 21 (Reuters) - A powerful association of Chinese beef importers has committed to buying Brazilian meat free of deforestation in an unprecedented move, according to Brazilian NGO Institute for Forest and Agricultural Management and Certification (Imaflora) on Tuesday.Imaflora, which is ...
Reuters
Tue, Oct 21
PRECIOUS-Gold retreats after record surge, investors await key US CPI data
Gold hit record high of $4,381.21/oz on MondayFocus on US inflation data due on FridayTrump to meet Xi Jinping next week in South KoreaSilver down about 7%By Noel John and Sherin Elizabeth Varghese Oct 21 (Reuters) - Gold prices fell over 4% on Tuesday, as the dollar firmed and investors booked p...
Reuters
Tue, Oct 21
Colder outlook, robust LNG flows lift U.S. natgas to two-week high
November contract hit its highest since October 8Weather shift driving prices, analysts sayColder weather forecast boosts heating demandLower 48 states see decline in gas outputBy Sherin Elizabeth Varghese Oct 21 (Reuters) - U.S. natural gas futures hit a two-week high on Tuesday, underpinned by ...
Reuters
Tue, Oct 21
Brazil 2025/26 sugar output expected to rise to 41.42 mln metric tons, Datagro says
SAO PAULO, Oct 21 (Reuters) - Brazil's sugar production in the 2025-2026 season is expected to rise 3.1% versus the previous season to 41.42 million metric tons, Plinio Nastari, president of Agribusiness consultancy Datagro, said on Tuesday.The increase is expected despite a slight drop in sugar...
Reuters
Tue, Oct 21
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