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TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, July 14 (Reuters) - Contract Target Support/Resistance Brent oil $70.09/$69.70res $70.77/$71.19/$71.86Palm oil (3rd month)4,134/4,115 ringgitres 4,195/4,219/4,233 ringgitWTI* $68.38/$68.10/$67.81res $68.97/$69.30Spot gold$3,357/$3,342res $3,3...Reuters
Mon, Jul 14
PRECIOUS-Gold hits three-week high as Trump widens trade war
July 14 (Reuters) - Gold prices touched a three-week high on Monday, supported by safe-haven demand after U.S. President Donald Trump threatened to impose a 30% tariff on imports from the European Union and Mexico.FUNDAMENTALS* Spot gold XAU= was up 0.5% to $3,371.34 per ounce, as of 0045 GMT, its h...Reuters
Mon, Jul 14
Oil edges up, investors eye Trump statement on Russia
EU set to lower Russian oil price cap, sources saySaudi Arabia says it complies with voluntary OPEC+ output targetSaudi marketed crude supply in June was 9.352 million bpdBy Florence Tan SINGAPORE, July 14 (Reuters) - Oil prices nudged higher on Monday, adding to gains of more than 2% from Friday...Reuters
Mon, Jul 14
Gold Price Forecast: XAU/USD climbs above $3,350 as Trump rekindles trade tensions
The Gold price (XAU/USD) extends its upside to around $3,365 during the early Asian session on Monday. The precious metal edges higher as traders rushed toward the traditional safe-haven assets after US President Donald Trump widened the global trade war with a fresh wave of tariffs.
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Mon, Jul 14
EU envoys near agreement on lower Russian oil price cap
By Julia Payne BRUSSELS, July 13 (Reuters) - European Union envoys are on the verge of agreeing an 18th package of sanctions against Russia for its full-scale invasion of Ukraine that would include a lower price cap on Russian oil, four EU sources said after a Sunday meeting.The sources said all ...Reuters
Sun, Jul 13
COLUMN-USDA rundown: Record US corn exports and US biofuel boom: Braun
By Karen Braun NAPERVILLE, Illinois, July 13 (Reuters) - The United States, the world’s top corn supplier, is set to export a record volume of corn in the waning 2024-25 marketing year, slightly edging out 2020-21’s high.The catch? This year’s efforts included virtually zero involvement from Chin...Reuters
Sun, Jul 13
Noem defends FEMA response to Texas floods amid scrutiny
Noem denies FEMA spending cap slowed responseTrump administration considers rebranding FEMA amid scrutinyTexas floods highlight FEMA staffing and response challengesBy Ted Hesson and Nathan Layne WASHINGTON, July 13 (Reuters) - Homeland Security Secretary Kristi Noem on Sunday defended FEMA's...Reuters
Sun, Jul 13
CORRECTED-French wine and cheese makers say U.S. tariffs would hit hard
By Gus Trompiz and Ardee NapolitanoPARIS, July 13 (Reuters) - French cheese and wine producers have warned of the damaging impact that U.S. President Donald Trump's threatened 30% tariffs on imports from the EU would have on the country's agriculture industry. A 30% duty would be "disast...Reuters
Sun, Jul 13
IAEA reports hearing small arms fire at Russian-occupied Ukrainian nuclear plant
July 13 (Reuters) - The United Nations nuclear watchdog, the IAEA, said on Sunday it had heard hundreds of rounds of small arms fire late on Saturday at Ukraine's nuclear power plant at Zaporizhzhia, which is occupied by Russian forces.The International Atomic Energy Agency said in its statement...Reuters
Sun, Jul 13
EU wants to see China taking more ambitious climate action
By Liz Lee BEIJING, July 13 (Reuters) - The world needs China to show more leadership on climate action, EU Climate Commissioner Wopke Hoekstra said on Sunday, highlighting the importance of cutting planet-heating emissions and reducing the Chinese economy's reliance on coal.Hoekstra is in Be...Reuters
Sun, Jul 13
White House's Hassett says Trump's latest tariffs 'are real' unless deals improve
WASHINGTON, July 13 (Reuters) - U.S. President Donald Trump has seen some trade deal offers and thinks they need to be better, White House Economic Adviser Kevin Hassett said on Sunday, adding that Trump will proceed with threatened tariffs on Mexico, the European Union and other countries if they d...Reuters
Sun, Jul 13
Syria signs $800 million agreement with DP World to bolster ports infrastructure
July 13 (Reuters) - Syria's General Authority for Land and Sea Ports on Sunday signed a $800 million agreement with UAE's DP World to bolster Syrian ports infrastructure and logistical services, Syrian state news agency SANA reported.The agreement follows on from a memorandum of understandin...Reuters
Sun, Jul 13
One dead, hundreds arrested in US farm raid as judge orders pause to aggressive tactics
Farm worker dead from injuries sustained during raid, worker group saysSome 200 unauthorized workers arrested, says Department of Homeland SecurityJudge orders temporary halt to some administration tacticsBy Leah Douglas WASHINGTON, July 11 (Reuters) - A California farm worker died on Friday afte...Reuters
Sat, Jul 12
REFILE-Trump threatens to revoke Rosie O'Donnell's U.S. citizenship
O'Donnell criticized administration's handling of Texas floodsThe pair have a feud going back almost 20 yearsUnder U.S. law, a president cannot revoke citizenship of an American born in the United States WASHINGTON, July 12 (Reuters) - U.S. President Donald Trump on Saturday said he migh...Reuters
Sat, Jul 12
Putin urges Iran to take 'zero enrichment' nuclear deal with US, Axios reports
July 12 (Reuters) - Russian President Vladimir Putin has told U.S. President Donald Trump and Iranian officials that he supports the idea of a nuclear deal in which Iran is unable to enrich uranium, Axios reported on Saturday, citing sources.Iran's semi-official news agency Tasnim denied the rep...Reuters
Sat, Jul 12
Putin urges Iran to take 'zero enrichment' nuclear deal with US, Axios reports
July 12 (Reuters) - Russian President Vladimir Putin has told U.S. President Donald Trump and Iranian officials that he supports the idea of a nuclear deal in which Iran is unable to enrich uranium, Axios reported on Saturday, citing sources.Reuters
Sat, Jul 12
Trump visits Texas flood zone, defends government's disaster response
Visit comes as government response faces scrutinyTexas flooding is deadliest disaster of second Trump termDozens of people still unaccounted forBy Trevor Hunnicutt and Maria Alejandra Cardona KERRVILLE, Texas, July 11 (Reuters) - President Donald Trump defended the state and federal response to d...Reuters
Fri, Jul 11
US customs duties top $100 billion for first time in a fiscal year
US Treasury reports small budget surplus for JuneGross customs duties reach $27 billion in JuneBessent says US 'reaping the rewards' of Trump's tariff agendaTreasury chief says US tariff revenue could reach $300 billion in 2025 By David Lawder WASHINGTON, July 11 (Reuters) - U.S. cust...Reuters
Fri, Jul 11
CIF/FOB Gulf Grain-Soy, corn barge bids firm as freight costs rise
CHICAGO, July 11 (Reuters) - Basis bids for soybeans and corn delivered by barge to U.S. Gulf Coast terminals rose on Friday, lifted by a slow pace of farmer grain sales this week and rising costs for barge freight, traders said.CIF soybean barges loaded in July were bid at 89 cents over CBOT August...Reuters
Fri, Jul 11
