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PRECIOUS-Gold hits over 1-week low as firmer US dollar, yields weigh
Trump says U.S. to impose 50% tariff on copper importsMinutes of Fed's June rate meeting due later in the dayBy Anmol Choubey July 9 (Reuters) - Gold prices fell on Wednesday to their lowest point in more than a week, pressured by a stronger U.S. dollar and rising Treasury yields, as the late...Reuters
Wed, Jul 9
QUOTES-Markets react after Trump announces 50% copper tariff
By Amy Lv and Lewis Jackson BEIJING, July 9 (Reuters) - U.S. President Donald Trump said on Tuesday he would announce a 50% tariff on copper imports, sending U.S. Comex copper futures up more than 12% to a record high.Prices on the Shanghai Futures Exchange (SHFE) and London Metal Exchange (LME) ...Reuters
Wed, Jul 9
'Fortress Russia' has confiscated $50 billion in assets over three years, Kommersant says
Foreign companies face risk of state seizure Asset seizures include strategic, corruption, privatisation, and management claimsNSP Law Firm advises reducing ties with 'unfriendly' countriesMOSCOW, July 9 (Reuters) - Russia has confiscated assets worth 3.9 trillion roubles, or around $50 bill...Reuters
Wed, Jul 9
REFILE-Maritime security firms launch mission to save crew of Greek vessel hit by Houthis, sources say
ATHENS, July 9 (Reuters) - Maritime security firms launched a mission on Wednesday to evacuate the crew of the Greek-operated Eternity C vessel hit by Houthi militants off Yemen two days ago, sources close to the mission told Reuters.Eternity C, with 22 crew members - 21 Filipinos and one Russian - ...Reuters
Wed, Jul 9
PRESS DIGEST - Wall Street Journal - July 9
July 9 (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.- U.S. President Donald Trump decided to delay the implementation of his so-called reciprocal tariffs to August 1 after advisers including Tre...Reuters
Wed, Jul 9
TIMELINE-How Trump's trade war is upending the global economy
July 9 (Reuters) - U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy.Here is a timeline of the major developments:February 1 - Trump imposes 25% tariffs on Mexican and most Ca...Reuters
Wed, Jul 9
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $67.17 per barrel, down from Tuesday’s close at $67.29.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $69.48 after its previous daily close at $69.56.
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Wed, Jul 9
Japan's NPR-Riken Corp: To Close Nippon Piston Ring's Michigan Manufacturing Plant That Had About 70 Employees
July 9 (Reuters) - NPR-Riken Corp 6209.T:NPR-RIKEN CORP - NOTICE REGARDING CLOSURE OF MICHIGAN MANUFACTURING PLANT OF NPR OF AMERICA, INCNPR-RIKEN CORP - DETERMINED TRANSFERRING PRODUCTION FUNCTIONS OF MICHIGAN MANUFACTURING PLANT TO OTHER SITES WILL ENABLE US TO OPTIMIZE PRODUCTIONNPR-RIKEN CORP - ...Reuters
Wed, Jul 9
TECHNICALS-CBOT soybeans may bounce into $10.24-$10.28 range
For more technical analyses, please click SINGAPORE, July 9 (Reuters) - The CBOT soybean November contract SX25 may bounce into a range of $10.24 to $10.28 per bushel, as it is stabilizing around the June 26 low of $10.13-1/4 and the July 1 low of $10.14.Strong support has established around these t...Reuters
Wed, Jul 9
METALS-Copper falls outside US after Trump announces 50% tariff
By Hongmei Li and Lewis Jackson SINGAPORE, July 9 (Reuters) - Copper prices on the London Metal Exchange and the Shanghai Futures Exchange slipped on Wednesday as the announcement of U.S. copper tariffs signalled an end to a months-long arbitrage trade that had drawn the metal from global markets...Reuters
Wed, Jul 9
Flash flooding in New Mexico resort town traps dozens in homes and vehicles
By Steve Gorman July 8 (Reuters) - Flash flooding triggered by heavy monsoon rains in New Mexico trapped dozens of people in homes and vehicles in and around the mountain resort village of Ruidoso on Tuesday and swept away an entire house, according to a state emergency official said.Dramatic vid...Reuters
Wed, Jul 9
GRAINS-Corn rebounds on bargain-buying, ample supplies curb gains
Chicago corn futures inch up after dropping to one-week lowGain capped by prospects of bumper U.S., Brazilian suppliesBy Naveen Thukral SINGAPORE, July 9 (Reuters) - Chicago corn rose for the first time in three sessions on Wednesday, with buying at current levels underpinning prices after a pull...Reuters
Wed, Jul 9
Latest Red Sea attack on Greek ship kills four crew, wounds two
Speedboats fire drones, rocket-propelled grenadesLiberian-flagged vessel is adrift, listing, sources sayHouthis resume attacks on ships linked to Israel in Red SeaRed Sea ship traffic halved since Houthis began attacks in 2023US condemns 'unprovoked Houthi terror attack'By Jonathan Saul, Ren...Reuters
Wed, Jul 9
WRAPUP 9-Trump says steep copper tariffs in store as he broadens his trade war
Trump announces 50% tariff on copper importsSays new tariffs coming for semiconductors, pharmaceuticalsPresident says talks with EU and China are going wellJapan, South Korea scramble to minimize tariff damageBy Andrea Shalal and Trevor Hunnicutt WASHINGTON/TOKYO, July 8 (Reuters) - U.S. Presiden...Reuters
Wed, Jul 9
PRESS DIGEST-British Business - July 9
July 9 (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- Britain's financial regulator has fined digital bank Monzo 21 million pounds(28.57 million) for inadequate pr...Reuters
Wed, Jul 9
RPT-Platts plans Murban oil pricing changes in Dubai benchmark from 2026
By Siyi Liu and Florence Tan SINGAPORE, July 8 (Reuters) - S&P Global Platts said on Tuesday it was proposing to change the pricing mechanism for United Arab Emirates' Murban crude in the Dubai oil benchmark from 2026 to better reflect market dynamics.The price-reporting agency said in a ...Reuters
Wed, Jul 9
