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PRECIOUS-Gold steady as focus turns to Fed minutes, US jobs report
Nov 19 (Reuters) - Gold prices were steady on Wednesday, as investors awaited minutes from the Federal Reserve's latest policy meeting and U.S. jobs report that could shed more light on the central bank's interest rate trajectory.FUNDAMENTALSSpot gold XAU= was flat at $4,069.44 per ounce, as...Reuters
Wed, Nov 19
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Nov 19 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$64.56/$64.03res $65.09/$65.74Palm oil (3rd month)4,282/4,303 ringgitsup 4,238/4,213/4,187 ringgitWTI(1st month)$60.37/$59.84res $60.90/$61.56Spot gold$4,126sup $4,053/$3,...Reuters
Wed, Nov 19
Russia temporarily halts flights at Krasnodar airport
Nov 19 (Reuters) - Russia's civil aviation authority Rosaviatsiya said it was temporarily halting flights at the Krasnodar airport in southern Russia early on Wednesday to ensure flight safety. Unofficial Russian and Ukrainian Telegram news channels reported a series of explosions throughout the...Reuters
Wed, Nov 19
Soybeans pull back after setting June 2024 high on Chinese buying
CHICAGO, Nov 18 (Reuters) - U.S. soybean futures pulled back on Tuesday after reaching their highest level since June 2024 as China made hefty purchases of American supplies.Wheat also reached a multi-month high, while corn futures edged up.The U.S. Department of Agriculture confi...Reuters
Wed, Nov 19
Oil settles up 1% on Russia sanctions, interviews for next US Fed chair
HOUSTON, Nov 18 (Reuters) - Oil prices settled higher on Tuesday after a choppy session as traders weighed the impact of Western sanctions on Russian oil flows, as well as U.S. President Donald Trump saying his administration had started interviewing for the next Federal Reserve chair.
Reuters
Wed, Nov 19
Gold Price Forecast: XAU/USD climbs above $4,050 amid risk-off sentiment
Gold price XAU/USD attracts some buyers to around $4,070, snapping the three-day losing streak during the early Asian session on Wednesday. The precious metal rises amid the risk-off sentiment as traders brace for the long-awaited return of US economic data.
Fxstreet
Wed, Nov 19
EXCLUSIVE-Russia's Novatek gives deep discounts to sell sanctioned LNG to Chinese buyers, sources say
Novatek sells cargoes at 30%-40% discounts, sources saySales end commercial limbo of sanctioned Arctic LNG 2 gas plantBeihai LNG Terminal becomes dedicated entry point for Russian gasBy Marwa Rashad, Emily Chow, Chen Aizhu and Anna Hirtenstein LONDON/SINGAPORE, Nov 19 (Reuters) - Russian liquefie...Reuters
Wed, Nov 19
Rare earth magnet startup Vulcan Elements to build $1 billion North Carolina plant
Nov 18 (Reuters) - Vulcan Elements, a North Carolina-based rare earth magnet producer, said on Tuesday it will build a $1 billion manufacturing facility in its home state to supply U.S. electronics and military customers.The facility, which is being funded in part by the Pentagon, is slated for Bens...Reuters
Tue, Nov 18
Brazil pushes for early COP30 climate deal, though divisions persist
Brazil proposes two-stage deal to expedite COP30 negotiationsDisagreements persist on finance and emissions cutsGroup of countries call for roadmap to ditch fossil fuelsNew draft text expected Wednesday after late night talksBy Kate Abnett, Lisandra Paraguassu and Sudarshan Varadhan BELEM, Brazil...Reuters
Tue, Nov 18
Sierra Club challenges fossil fuel advantage at wind-heavy US electric grid
By Tim McLaughlinNov 18 (Reuters) - The Sierra Club said on Tuesday it was challenging a U.S. federal energy regulator's decision to fast-track connecting fossil fuel power plants to major electric grids at the expense of renewable energy.The environmental group filed a petition with the D.C. Ci...Reuters
Tue, Nov 18
Rare earth magnet startup Vulcan Elements to build $1 billion North Carolina plant
Nov 18 (Reuters) - Vulcan Elements, a North Carolina-based rare earth magnet producer, said on Tuesday it will build a $1 billion manufacturing facility in its home state to supply U.S. electronics and military customers.The facility, which is being funded in part by grants from the Pentagon, is sla...Reuters
Tue, Nov 18
US-E3 draft resolution at IAEA board demands swift cooperation from Iran
IAEA's 35-nation board is holding a quarterly meetingRecent report said verifying uranium stock 'long overdue'Agency has still not accessed sites bombed by Israel, USDraft calls on Iran to allow snap IAEA inspectionsIran has warned of retaliation if resolution passesBy Francois Murphy ...Reuters
Tue, Nov 18
US Plains HRW Wheat-Basis steady, rains expected later this week
CHICAGO, Nov 18 (Reuters) - Basis bids for hard red winter (HRW) wheat held mostly steady at grain elevators in the southern U.S. Plains on Tuesday and protein premiums for railcar wheat to or through Kansas City were unchanged after easing a day earlier, dealers said. Cash trade in wheat was quiet ...Reuters
Tue, Nov 18
Peru lawmakers advance mining permit extension after protests
LIMA, Nov 18 (Reuters) - A Peruvian congressional committee on Tuesday approved a bill to extend temporary permits for informal miners until the end of 2027, a move that came as more than a thousand miners protested outside the legislature against the permits' looming expiration.The bill will no...Reuters
Tue, Nov 18
US Cash Crude-Grades rise as Brent/WTI spread stays wide
Nov 18 (Reuters) - U.S. crude grades broadly rose on Tuesday, dealers said, as the spread between global benchmark Brent and West Texas Intermediate crude futures stayed wide, which typically makes U.S. grades more attractive to foreign buyers.The discount WTCLc1-LCOc1 traded at as much as minus...Reuters
Tue, Nov 18
LIVESTOCK-CME cattle futures end weaker, hogs set April low
By Tom Polansek CHICAGO, Nov 18 (Reuters) - Chicago Mercantile Exchange live cattle and feeder cattle futures slumped on Tuesday as traders waited for U.S. inventory data and assessed prospects for beef imports, analysts said.Lean hog futures hit their lowest level in about seven months.Traders w...Reuters
Tue, Nov 18
CIF/FOB Gulf Grain-Soybean barge basis mixed after prior day rally on sales to China
CHICAGO, Nov 18 (Reuters) - Basis bids for soybeans shipped by barge to the U.S. Gulf Coast and loaded for export were mixed on Tuesday after a steep rally on Monday on a flurry of sales to China.Traders could not confirm that China bought any additional soybean cargoes on Tuesday after the top impo...Reuters
Tue, Nov 18
Phillips 66 Sweeny Refinery And Petrochemical Complex Reports Planned Startup
Nov 18 (Reuters) - PHILLIPS 66: REPORTS PLANNED STARTUP AT SWEENY REFINERY AND PETROCHEMICAL COMPLEX IN TEXAS FROM NOV 16-20REPORTS OPERATIONS WORKED ACTIVELY TO COMPLETE STARTUPREFINERY CAPACITY: 264,500 BARRELS PER DAYSOURCE: TEXAS COMMISSION ON ENVIRONMENTAL QUALITY FILINGReuters
Tue, Nov 18
US loans Constellation $1 billion for Three Mile Island reactor reboot
Reactor shut in 2019, Constellation wants to restart in 2027First U.S. LPO loan issued and closed at same time, official saysLoan office has $250 billion, focused on large-scale reactor developmentBy Timothy Gardner WASHINGTON, Nov 18 (Reuters) - The Trump administration said on Tuesday it has lo...Reuters
Tue, Nov 18
