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PRECIOUS-Gold climbs to near two-week high on reinforced US rate cut bets
84% chance of December rate cut - CME FedWatchData show US retail sales for Sep slow, producer prices up 2.7%Fed's system of managing rates struggling - US Treasury SecretaryBy Ishaan Arora Nov 26 (Reuters) - Gold climbed a near two-week high on Wednesday, after new U.S. economic data bolster...Reuters
Wed, Nov 26
Oil stabilises after Ukraine peace talks push prices to one-month lows
By Colleen Howe BEIJING, Nov 26 (Reuters) - Oil prices recovered slightly on Wednesday, after dipping to one-month lows in the previous session amid signs that Ukraine is nearing a peace deal with Russia that would likely lead to the end of international sanctions on Russian supply.Brent crude fu...Reuters
Wed, Nov 26
GRAINS-Soybeans edge higher as Trump says he pressed China to buy more from US
CANBERRA, Nov 26 (Reuters) - Chicago soybean futures crept higher on Wednesday after comments by U.S. President Donald Trump's administration bolstered expectations of further Chinese purchases, but remained below last week's 17-month high. Wheat futures fell as a consultancy in Russia predi...Reuters
Wed, Nov 26
US judge approves bid from Elliott affiliate for Citgo Petroleum parent
Judge approves a $5.9 billion bid from an affiliate of Elliott Investment Management for control of Venezuela-owned Citgo PetroleumCitgo is the seventh-largest refiner in the USThe transaction still needs approval from the Office of Foreign Assets Control and other regulatorsBy Marianna Parraga H...Reuters
Wed, Nov 26
Brookfield Asset Management Acquires Clean Energy Developer Alba Renewables
Nov 26 (Reuters) - BROOKFIELD ASSET MANAGEMENT LTD BAM.N:ACQUIRED CLEAN ENERGY DEVELOPER ALBA RENEWABLESIN VIETNAM, BROOKFIELD ALSO ACQUIRED 100 MW LONG-TERM, CONTRACTED, OPERATIONAL WIND PROJECT IN CENTRAL REGIONReuters
Wed, Nov 26
PRECIOUS-Gold drifts higher on US rate cut expectations
Nov 26 (Reuters) - Gold prices nudged higher during early Asian trade on Wednesday, driven by optimism over a possible December interest rate cut by the Federal Reserve. FUNDAMENTALSSpot gold XAU= was up 0.2% at $4,136.59 per ounce, as of 0054 GMT. U.S. gold futures GCcv1 for December deliver...Reuters
Wed, Nov 26
Boeing wins $2.47 bln contract for 15 additional US Air Force KC-46A tankers
Nov 25 (Reuters) - The U.S. Air Force awarded Boeing BA.N a $2.47 billion contract for 15 additional KC-46A Pegasus aerial refueling tankers, the company announced on Tuesday in a release.Last year, the Air Force awarded Boeing a similar contract for 15 of the tankers for $2.38 billion. In August, I...Reuters
Wed, Nov 26
Trump says no firm deadline for Ukraine, Russia to reach peace deal
WASHINGTON, Nov 25 (Reuters) - U.S. President Donald Trump on Tuesday backed away from his earlier Thursday deadline for Ukraine to agree to a U.S.-backed peace plan, saying "the deadline for me is when it's over."Trump said U.S. negotiators were making progress in discussions with Russi...Reuters
Wed, Nov 26
Venture Global And Tokyo Gas Announce 20-Year LNG Sales And Purchase Agreement
Nov 25 (Reuters) - Venture Global Inc VG.N:VENTURE GLOBAL AND TOKYO GAS ANNOUNCE 20-YEAR LNG SALES AND PURCHASE AGREEMENTVENTURE GLOBAL INC: UNDER SPA, TOKYO GAS WILL PROCURE 1 MILLION TONNES PER ANNUM (MTPA) OF LNG FROM VENTURE GLOBAL FOR 20 YEARS, STARTING IN 2030Reuters
Wed, Nov 26
Venture Global, Tokyo Gas sign 20-year LNG supply deal
Nov 25 (Reuters) - Venture Global VG.N said on Tuesday it has signed a 20-year sales and purchase agreement, or SPA, with Japan's capital city gas supplier, Tokyo Gas 9531.T, to supply it with 1 million metric tonnes per annum of liquefied natural gas, starting in 2030.The agreement marks Ventur...Reuters
Wed, Nov 26
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Nov 26 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$61.73/$61.29res $62.89/$63.42Palm oil (3rd month)3,923 ringgitres 4,007/4,034/4,076 ringgitWTI(1st month)$57.08/$56.47res $58.18/$58.71/$59.23Spot gold$4,053res $4,170/$4...Reuters
Tue, Nov 25
Court rejects challenge to 'quick-pay' for lawyers in $600 mln train derailment settlement
By David Thomas Nov 25 (Reuters) - A U.S appeals court on Tuesday largely upheld a lower court’s handling of attorney fees in the $600 million settlement over Norfolk Southern’s freight train derailment in East Palestine, Ohio, rejecting most of a challenge by law firm Morgan & Morgan but rev...Reuters
Tue, Nov 25
CIF/FOB Gulf Grain-Soybean barge bids mostly steady as market awaits Chinese buying
CHICAGO, Nov 25 (Reuters) - Basis bids for soybeans shipped by barge to the U.S. Gulf Coast were mostly unchanged on Tuesday, underpinned by buying interest from Chinese importers and expectations for further soy sales to the top importer, traders said.Chinese buyers have been asking for U.S. soybea...Reuters
Tue, Nov 25
LIVESTOCK-Chicago cattle futures mixed ahead of Thanksgiving holiday
By P.J. Huffstutter CHICAGO, Nov 25 (Reuters) - Chicago Mercantile Exchange's live cattle futures were mixed on Tuesday, with nearby contracts extending the previous session's losses that saw contracts drop by the daily trading limit, analysts said.Feeder cattle futures turned higher, reb...Reuters
Tue, Nov 25
Oil falls as Ukraine signals support for framework of Russia peace deal
'Tremendous progress' toward Ukraine-Russia peace deal, White House saysZelenskiy could visit the US in next few daysRussia stresses deal cannot stray too far from its objectivesBy Shariq Khan NEW YORK, Nov 25 (Reuters) - Oil prices settled over 1% lower on Tuesday after Ukraine hinted th...Reuters
Tue, Nov 25
Meatpacker JBS agrees to merge its leather assets with the ones from Viva
SAO PAULO, Nov 25 (Reuters) - Brazilian meatpacker JBS Z98.F said on Tuesday it had signed a binding memorandum of understanding with the shareholders of Viva to combine both firms' assets related to leather production and commercialization.In a securities filing, JBS said the new company will b...Reuters
Tue, Nov 25
US Cash Crude-Grades mixed on final full day of volatile roll trade period
HOUSTON, Nov 25 (Reuters) - U.S. crudes were mixed on Tuesday, dealers said, on the third and final full day of the volatile roll trading period.Traders use the three-day roll period to adjust their crude slates, square up positions and net out exposures following the expiration of the U.S. crude fu...Reuters
Tue, Nov 25
Meatpacker JBS agrees to merge its leather assets with the ones from Viva
SAO PAULO, Nov 25 (Reuters) - Brazilian meatpacker JBS Z98.F said on Tuesday it had signed a binding memorandum of understanding with the shareholders of Viva to combine both firms' assets related to leather production and commercialization.In a securities filing, JBS said the new company will b...Reuters
Tue, Nov 25
