News
Important Only
TECHNICALS-CBOT soybeans may rise to $11.43
For more technical analyses, please click SINGAPORE, Nov 27 (Reuters) - The CBOT soybean January contract SF26 may rise to $11.43 per bushel, as it has climbed above a wedge.The pattern indicates a target of $11.37-1/4. Wave pattern shows that the peak of a wave b is at $11.43, which serves as a hig...Reuters
Thu, Nov 27
RPT-ASIA COPPER WEEK-China's refined copper use to account for 57% of world total by 2030, CRU says
SHANGHAI, Nov 27 (Reuters) - China's refined copper consumption is expected to account for 57% of the global total by 2030, down from 59% in 2025, He Tianyu, a senior analyst at consultancy CRU Group, said on Thursday at the World Copper Conference Asia 2025.Reuters
Thu, Nov 27
ASIA COPPER WEEK-Refined copper output growth to slow in 2026, ICSG secretary-general
SHANGHAI, Nov 27 (Reuters) - Copper output growth is forecasted slow to 0.9% in 2026, compared with a 3.4% growth expectation in 2025, Paul White, the Secretary-General of the International Copper Study Group told the World Copper Conference 2025 on Thursday.The copper market will be in a 150,000-m...Reuters
Thu, Nov 27
ASIA COPPER WEEK-China's refined copper use to account for 57% of world total by 2030, CRU says
SHANGHAI, Nov 27 (Reuters) - China's refined copper consumption is expected to account for 57% of the global total by 2030, down from 59% in 2025, He Tianyu, a senior analyst at consultancy CRU Group, said on Thursday at the World Copper Conference Asia 2025.Reuters
Thu, Nov 27
PRECIOUS-Gold eases from near two-week high as investors book profits
Kevin Hassett, frontrunner for Fed Chair, says rates should be lower85% chance of a rate cut in December - CME FedWatch toolWeekly jobless claims fell last weekBy Ishaan Arora Nov 27 (Reuters) - Gold edged lower on Thursday on profit-taking after it hit a near two-week high in the previous sessio...Reuters
Thu, Nov 27
TIMELINE-Western sanctions on Russia, Iran energy trade
Nov 27 (Reuters) - The European Union, Britain and the U.S. have imposed a raft of sanctions against Russia over its war in Ukraine. In October, the U.S. targeted Russia's two top oil producers, Rosneft ROSN.MM and Lukoil LKOH.MM. Below is a timeline of key Western sanctions imposed si...Reuters
Thu, Nov 27
PRECIOUS-Gold steadies at near two-week high as investors weigh Fed rate-cut bets
Kevin Hassett, frontrunner for Fed Chair says rates should be lower85% chance of a rate cut in December - CME FedWatch toolWeekly jobless claims fell nL1N3X10SJ last weekBy Ishaan Arora Nov 27 (Reuters) - Gold was broadly steady on Thursday after hitting a near two-week high in the previous sessi...Reuters
Thu, Nov 27
Netflix recovers following brief outage during 'Stranger Things' final season premiere
Nov 26 (Reuters) - Streaming platform Netflix was down for about an hour for several users in the United States on Wednesday evening, coinciding with the release of the fifth and final season of its hit series "Stranger Things".There were less than 800 reports of the issue as of 8:45 p.m. ET...Reuters
Thu, Nov 27
Gold eases from two-week top amid risk-on mood; downside seems limited
Gold (XAU/USD) attracts some sellers during the Asian session on Thursday and erodes a part of the previous day's gains to a nearly two-week top. The prospects for lower US interest rates, along with hopes for a peace deal between Russia and Ukraine, remain supportive of the upbeat market mood.Fxstreet
Thu, Nov 27
Oil prices drop on expectations of ceasefire in Ukraine unlocking Russian supply
By Yuka Obayashi TOKYO, Nov 27 (Reuters) - Oil prices fell on Thursday on expectations of a Ukraine‑Russia ceasefire which could pave the way for the unwinding of Western sanctions against Russian supply, though trading was set to remain thin due to the U.S. Thanksgiving holiday.Brent crude futur...Reuters
Thu, Nov 27
IDB approves $300 million loan to bolster Ecuador's power grid
QUITO, Nov 26 (Reuters) - - The Inter-American Development Bank (IDB) approved a $300 million loan to help Ecuador strengthen its electrical system, the Andean nation's Finance Ministry said on Wednesday.The investments are part of the IDB Group's Amazonia Siempre initiative, focused on sust...Reuters
Thu, Nov 27
PRECIOUS-Gold steadies at near two-week high as investors weigh Fed rate-cut bets
Nov 27 (Reuters) - Gold prices remained steady on Thursday after hitting a more than one-week high in the previous session, as market participants weighed the possibility of an interest rate cut in December amid conflicting signals from the U.S. Federal Reserve. FUNDAMENTALSSpot gold XAU= was...Reuters
Thu, Nov 27
Netflix down for thousands of US users, Downdetector shows
Nov 26 (Reuters) - Streaming platform Netflix NFLX.O is down for thousands of users in the United States on Wednesday, according to Downdetector.com.There were more than 14,290 reports of issues with the social media platform, as of 7:56 p.m. ET, according to Downdetector, which tracks outages by co...Reuters
Thu, Nov 27
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Nov 27 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$63.42/$64.06sup $62.89/$62.37Palm oil (3rd month)4,076/4,102 ringgitsup 4,007/3,965/3,923 ringgitWTI(1st month)$58.71/$59.23sup $58.18/$57.53Spot gold$4,188/$4,208sup $4,...Reuters
Thu, Nov 27
RPT-INSIGHT-How sanctions made a showpiece Chinese refinery's Western partners run for the exits
Yulong refinery ramps up Russia oil buying after sanctions hitRefiner is top Chinese buyer by site of seaborne Russian crudeWidening Western sanctions drive bifurcation of global oil tradeYulong overseas customers, banks, service providers cut accessGlobal oil firms cut sales to Yulong after sanctio...Reuters
Thu, Nov 27
PRESS DIGEST-British Business - November 27
Nov 27 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Many Businesses will be able to offer tax breaks to investors and staff as part of a package of me...Reuters
Thu, Nov 27
LIVESTOCK-Chicago cattle futures rally ahead of Thanksgiving holiday
CHICAGO, Nov 26 (Reuters) - Chicago Mercantile Exchange's live cattle futures ticked up on Wednesday, bouncing back after negative news weighed on futures the previous day, analysts said. Feeder cattle futures also turned higher, having recovered from Monday's limit-down losses, as traders a...Reuters
Wed, Nov 26
Australia's 3D Energi confirms gas discovery at Essington Reservoir
Nov 27 (Reuters) - Australia's 3D Energi TDO.AX on Thursday confirmed gas discovery within two of its reservoirs at the Essington exploration permit in the offshore Otway Basin.Work began on the Essington-1 well in VIC/P79 exploration permit, the Melbourne-based energy explorer said earlier this...Reuters
Wed, Nov 26
