News
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Polish court rules against sending Ukrainian Nord Stream suspect to Germany
Polish court rules against sending Ukrainian suspect to GermanyVolodymyr Z. wanted in connection with Nord Stream bombingsPolish PM says he should not be given to GermanyWarsaw is a long standing critic of Nord StreamBy Marek Strzelecki and Anna Koper WARSAW, Oct 17 (Reuters) - A Polish court on ...Reuters
Fri, Oct 17
PRECIOUS-Gold pulls back after record high on firm dollar, Trump's China remarks
Markets price in 25 bps rate cut at the Oct Fed meet Trump says 100% tariffs on China not sustainableGold is up over 5% so far this weekSilver hits record high of $54.47/ozBy Sherin Elizabeth Varghese Oct 17 (Reuters) - Gold prices fell more than 2% on Friday after hitting a record high above $4,...Reuters
Fri, Oct 17
UN shipping agency delays decision on carbon price for one year
LONDON, Oct 17 - A majority of countries at the U.N. shipping agency voted on Friday to postpone by a year a decision on a global carbon price on international shipping, after failing to reach consensus on the emissions reduction measure amid U.S. pressure.Reuters
Fri, Oct 17
Canada and China discuss disputes over canola and EVs, says Ottawa
OTTAWA, Oct 17 (Reuters) - Senior Canadian and Chinese officials discussed bilateral trade disputes involving canola and electric vehicles on Friday, Ottawa said, but gave no indication of any immediate breakthrough. Canadian Foreign Minister Anita Anand met Chinese counterpart Wang Yi in Beijin...Reuters
Fri, Oct 17
GLOBAL LNG-Asian spot prices rise slightly on cold weather despite ample inventories
By Marwa RashadLONDON, Oct 17 (Reuters) - Asian spot liquefied natural gas (LNG) prices rose slightly this week, as colder weather forecasts in north-east China lifted buying interest, despite strong storage inventories. The average LNG price for December delivery into north-east Asia LNG-AS was $11...Reuters
Fri, Oct 17
What you need to know about Bolivia's runoff election
Oct 17 (Reuters) - Bolivia will hold a presidential runoff on October 19 after no candidate secured an outright victory in the first round of voting on August 17. The first-round result marked a stunning blow to the incumbent Movement to Socialism, or MAS party, which has dominated the South America...Reuters
Fri, Oct 17
US natgas prices hold near 3-week low on ample fuel in storage, mild weather forecasts
Mild weather forecasts reduce gas demand, offsetting output declineGas storage levels 4% above normal, easing supply concernsLNG export flows near record highs, boosting demandBy Scott DiSavinoOct 17 (Reuters) - U.S. natural gas futures held near a three-week low on Friday as bearish mild weather fo...Reuters
Fri, Oct 17
Silver Price Forecast: XAG/USD eases from record highs, bulls defend $53.00 support
Silver (XAG/USD) is taking a breather on Friday, snapping a two-day winning streak after refreshing a new all-time high near $54.86 on Thursday. At the time of writing, the white metal is trading around $53.20, down over 1.80% on the day and easing from the intraday high of $53.68.
Fxstreet
Fri, Oct 17
CBOT Trends-Soybeans up 5-6 cents, corn up 1-3, wheat up 1-2
CHICAGO, Oct 17 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Friday.NOTE: The U.S. government remains shut down, suspending many government reports. WHEAT - Up 1 to 2 cents p...Reuters
Fri, Oct 17
High prices, bad quality slow down Ivory Coast cocoa purchases, sources say
By Ange Aboa ABIDJAN, Oct 17 (Reuters) - Cocoa purchases in Ivory Coast have stalled at the start of the 2025/26 season, as a record farmgate price and poor-quality stocks deterred buyers and exporters, industry sources told Reuters.The world’s top cocoa producer raised its state-guaranteed price...Reuters
Fri, Oct 17
Sam Altman-backed Oklo to get $2 billion for US nuclear fuel development
Oct 17 (Reuters) - Nuclear technology firm Oklo OKLO.N said on Friday it has signed an agreement with Europe-based newcleo to develop advanced fuel fabrication and manufacturing infrastructure in the U.S.Under the agreement, nuclear reactor developer newcleo plans to invest up to $2 billion. Sweden&...Reuters
Fri, Oct 17
PRECIOUS-Gold retreats from record high following Trump's comments on China
Trump says 100% tariffs on China not sustainableGold is up about 7.2% so far this weekSilver hits record high of $54.47/ozSPDR gold trust holdings hit highest level since July 2022By Anushree Mukherjee Oct 17 (Reuters) - Gold prices fell on Friday after notching a record high above the $4,300 an ...Reuters
Fri, Oct 17
Multiple units offline at BP's Whiting refinery, sources say citing data
NEW YORK, Oct 17 (Reuters) - Multiple units were offline at BP's BP.L 440,000 barrel-per-day Whiting oil refinery in Indiana, the largest in the U.S. Midwest region, two market sources on Friday said, citing data from Wood Mackenzie.The refinery was actively flaring early on Friday, one of the s...Reuters
Fri, Oct 17
Western pressure to hit Asian buying of Russian oil from December, sources say
China and India's seaborne Russian oil imports expected to rebound to about 3.1 million bpd in OctoberIndia's Russian oil imports likely to decline from Dec; sources sayJapan unlikely to halt Russian LNG importsBy Nidhi Verma, Florence Tan and Katya Golubkova NEW DELHI/SINGAPORE/TOKYO Oct...Reuters
Fri, Oct 17
Trump says 100% tariffs on China not sustainable
WASHINGTON, Oct 17 (Reuters) - U.S. President Donald Trump said on Friday his proposed 100% tariff on goods from China would not be sustainable, adding that he would meet with Chinese President Xi Jinping in two weeks and that he thought things would be fine with China."It's not sustainable,...Reuters
Fri, Oct 17
GRAINS-Corn extends gains on US supply doubts
PARIS/CANBERRA, Oct 17 (Reuters) - Chicago corn futures extended gains into a fourth session on Friday and were set for a first weekly rise in a month as participants assessed reports of lower than expected U.S. harvest yields amid a lack of government data.Soybeans rose for a third day, also underp...Reuters
Fri, Oct 17
Oklo to receive up to $2 billion investment from newcleo
Oct 17 (Reuters) - Oklo OKLO.N said on Friday it has signed up to a $2 billion agreement with Europe-based newcleo to develop advanced fuel fabrication and manufacturing infrastructure in the U.S.Sweden's advanced nuclear technology developer Blykalla is also considering co-investing in the same...Reuters
Fri, Oct 17
WTI recovers after multi-month low, geopolitical easing, Fed rate cut hopes lift Oil
West Texas Intermediate (WTI) US Oil rebounds on Friday to around $57.00 after reaching a new low since May earlier in the day at $56.15. The market is attempting to stabilize after a volatile week marked by mixed signals between geopolitical easing and supply excess.
Fxstreet
Fri, Oct 17
Trump to ramp up actions if shutdown continues after weekend, White House adviser says
WASHINGTON, Oct 17 (Reuters) - White House economic adviser Kevin Hassett said on Friday that President Donald Trump can be expected to ramp up actions if the U.S. federal government shutdown continues after this weekend.Hassett did not say what actions the Republican president might take if lawmak...Reuters
Fri, Oct 17
