News
Important Only
Italy's tenacious stance on gold pays off as prices soar
Italy has retained gold despite crises, mounting debtBank of Italy holds 2,452 tons, World Gold Council saysCountry has world's third largest national bullion reservesItaly's ties to gold rooted in historyBy Giselda Vagnoni ROME, Oct 15 (Reuters) - Italy, whose sovereign assets from bond...Reuters
Wed, Oct 15
Marathon Reports Emissions at El Paso, Texas Refinery
Oct 15 (Reuters) - MARATHON PETROLEUM CORP MPC.N:REPORTS EMISSIONS FROM REFINERY WIDE FUGITIVE EMISSIONS AT EL PASO, TEXAS REFINERY ON 10/14/2025REPORTS THAT DUE TO EXTENSIVE RAIN EVENTS IN THE AREA, THE EL PASO REFINERY EXPERIENCED WASTEWATER CONTAINMENT ISSUES RESULTING IN TANK T-804 OVERFLOWREPOR...Reuters
Wed, Oct 15
PRESS DIGEST -Wall Street Journal - October 15
Oct 15 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- Stellantis STLAM.MI is planning to spend $13 billion to make more Jeeps, pickups and Dodge SUVs in the U.S., in what the global automaker de...Reuters
Wed, Oct 15
COLUMN-US clean power reversal comes with a hefty emissions price tag: Maguire
By Gavin MaguireLITTLETON, Colorado, Oct 15 (Reuters) - The abrupt cuts to U.S. federal clean energy incentives alongside fresh support for coal and gas-fired power will trigger a swell in North America's emissions in the coming decades as the U.S. generation mix remains fossil fuel reliant.Inde...Reuters
Wed, Oct 15
German policy needs a decisive "Africa shift", association says
BERLIN, Oct 15 (Reuters) - German economic policy is in need of a decisive "Africa shift" in light of geopolitical tensions and critical dependencies on raw materials, the Sub-Saharan Africa Initiative of German Business (SAFRI), a paper seen by Reuters on Wednesday showed. "Africa is no...Reuters
Wed, Oct 15
PRECIOUS-Gold hits record high on Fed rate-cut bets, US-China trade woes
Trump to unveil list of 'Democrat programmes' to be closed amid government shutdownHiring and layoffs remained low through September, Powell saysIMF raises global growth forecast, warns of US-China trade risksBy Ishaan Arora Oct 15 (Reuters) - Gold rose to a fresh high just shy of the $4,...Reuters
Wed, Oct 15
METALS-Shanghai copper declines amid escalating US-China trade standoff
SHANGHAI, Oct 15 (Reuters) - Shanghai copper declined on Tuesday as trade tensions between the world’s top two economies, the United States and China, escalated, risking demand growth for the metal.The most active copper contract on Shanghai Futures Exchange SCFcv1 was down 0.91% to trade at 85,040 ...Reuters
Wed, Oct 15
WTI remains subdued near $58.00 due to Oil oversupply outlook, US-China trade tensions
West Texas Intermediate (WTI) Oil price moves little after registering more than 1.5% losses in the previous session, trading around $58.10 during the Asian hours on Wednesday. Crude Oil prices declined as the International Energy Agency (IEA) warned of an Oil supply surplus in 2026.
Fxstreet
Wed, Oct 15
TECHNICALS-CBOT soybeans biased to retest support at $10.01-1/2
For more technical analyses, please click SINGAPORE, Oct 15 (Reuters) - The CBOT soybean November contract SX25 is biased to retest support at $10.01-1/2 per bushel, a break below could trigger a fall into the $9.90-1/2 to $9.95-1/4 range.Even though the contract managed to hover above the support, ...Reuters
Wed, Oct 15
Oil drops as investors weigh a supply surplus outlook and US-China trade tensions
Oct 15 (Reuters) - Oil prices fell in early trade on Wednesday, extending losses from the previous session, as investors weighed the International Energy Agency's warning of a supply surplus in 2026 and U.S.-China trade tensions that could hurt demand.Reuters
Wed, Oct 15
GRAINS-Wheat, corn and soybeans fall again as abundant supply weighs on prices
CANBERRA, Oct 15 (Reuters) - Chicago wheat, corn and soybean futures resumed their declines on Wednesday as ample global supply and the threat of deteriorating relations between China and the United States hung over the markets. FUNDAMENTALS* The most-active wheat contract on the Chicago Board of Tr...Reuters
Wed, Oct 15
PRECIOUS-Gold hovers near record high on renewed trade tensions, US rate outlook
Oct 15 (Reuters) - Gold prices rose on Wednesday, hovering near record highs, as investors flocked to safe-haven bullion after renewed U.S.-China trade tensions deepened global uncertainty, with expectations of further U.S. interest rate cuts adding to the momentum.FUNDAMENTALS* Spot gold XAU= was u...Reuters
Wed, Oct 15
Gold Price Forecast: XAU/USD extends the rally above $4,150 amid safe-haven flows
Gold price (XAU/USD) extends its upside to near $4,165 during the early Asian session on Wednesday. The precious metal edges higher as traders flock to safe-haven assets amid trade tensions and expectations of a US rate cut.Fxstreet
Wed, Oct 15
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Oct 15 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$61.37/$60.69res $62.71/$63.17/$63.97Palm oil (3rd month)4,401 ringgitres 4,484/4,454 ringgitWTI* (1st month)$58.27/$57.66res $59.15/$59.86/$60.58Spot gold$4,222sup $4...Reuters
Wed, Oct 15
US, China roll out tit-for-tat port fees, threatening more turmoil at sea
US, China begin collecting port fees on each other's vesselsChina says Chinese-built ships exempted from its leviesChina sanctions Korean shipbuilder for 'helping US'; launches probeUS aims to loosen Chinese dominance in global maritime, bolster US shipbuildingBy Lisa Baertlein, Liz Lee ...Reuters
Wed, Oct 15
ICE canola futures settle higher on China trade hopes
Oct 14 (Reuters) - ICE canola futures ended up on Tuesday on high hopes for thawing trade relations between Canada and China, traders said. Investor optimism was fueled during Canada's Thanksgiving holiday weekend as China's ambassador to Canada said China would remove its levies on Canadian...Reuters
Tue, Oct 14
