News
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Gas pipeline accident reported in Russia's Omsk region, governor says
Nov 18 (Reuters) - An accident occurred on an underground section of a gas pipeline in Russia's Omsk region, the regional governor, Vitaly Khotsenko, said on Tuesday. Emergency services were dealing with the incident, Khotsenko said on the Telegram messaging app. "There is no danger to resid...Reuters
Tue, Nov 18
TECHNICALS-CBOT soybeans to rise toward $11.70 to $11.83-1/4 range
For more technical analyses, please click SINGAPORE, Nov 18 (Reuters) - The CBOT soybean January contract SF26 is expected to break resistance at $11.56-1/2 per bushel and The resistance is identified as the 138.2% projection level of a wave C from $10.00-1/4. This wave may eventually extend to $11....Reuters
Tue, Nov 18
Five minutes from autocracy: How Georgia U-turned from its Western path
Leading opposition figures in jail, exile or under chargeLawsuit would ban three opposition partiesRuling party says it is shielding Georgia from figures who would foment warBy Lucy Papachristou TBILISI, Nov 18 (Reuters) - Just over a year ago, a diverse array of opposition coalitions jockeyed fo...Reuters
Tue, Nov 18
PRECIOUS-Gold extends falls on firm dollar, easing Fed rate-cut bets
Fed needs to move slowly with further rate cuts, Jefferson saysFocus shifts to US non-farm payrolls data due on Thursday By Brijesh Patel Nov 18 (Reuters) - Gold fell for a fourth straight session on Tuesday, weighed down by a firm dollar and diminished prospects of a U.S. interest rate cut next ...Reuters
Tue, Nov 18
Silver Price Forecast: XAG/USD falls to near $49.50 as Fed rate cut likelihood fades
Silver price (XAG/USD) continues its losing streak for the fourth successive session, trading around $49.50 per troy ounce during the Asian hours on Tuesday. The non-interest-bearing Silver struggles amid declining US Federal Reserve (Fed) rate cut bets for December.
Fxstreet
Tue, Nov 18
EXCLUSIVE-China snaps up US soybeans after pledge to Trump, but at high price, traders say
Chinese purchase from US is its largest since at least JanuaryU.S. soybeans remain costlier than Brazilian cargoesChicago soybean futures rise to June 2024 high on China buyingBy Karl Plume CHICAGO, Nov 17 (Reuters) - China bought at least 14 cargoes of U.S. soybeans on Monday, two traders with k...Reuters
Tue, Nov 18
Japan warns citizens in China about safety as diplomatic crisis deepens
Japan advises citizens in China to avoid crowded areas, look out for 'suspicious people'Japanese film screenings in China suspended as rift intensifiesJapan's business leaders call for diplomatic resolutionBy Liz Lee and John Geddie BEIJING/TOKYO, Nov 18 (Reuters) - Japan has warned i...Reuters
Tue, Nov 18
Ukrainian attack damages power plants in Russian-controlled parts of Donetsk, official says
Nov 18 (Reuters) - The Moscow-installed head of the parts of Ukraine's eastern region of Donetsk controlled by Russia said on Tuesday that "an unprecedented" Ukrainian overnight attack damaged two thermal power plants, leaving many settlements without electricity.Denis Pushilin, writing ...Reuters
Tue, Nov 18
Gas pipeline accident reported in Russia's Omsk region, governor says
Nov 18 (Reuters) - An accident occurred on an underground section of a gas pipeline in Russia's Omsk, regional Governor Vitaly Khotsenko said on Tuesday. Emergency services were dealing with the incident, Khotsenko said on the Telegram messaging app. "There is no danger to residents of the O...Reuters
Tue, Nov 18
WTI retreats to near $59.50 on oversupply forecasts, sanctions could limit downside
West Texas Intermediate (WTI) Oil price stalls its three-day rally, slipping to around $59.60 per barrel during Asian hours on Tuesday. Prices softened amid renewed concerns about oversupply after an ING report projected a significant market surplus through 2026.
Fxstreet
Tue, Nov 18
GRAINS-Soybeans rise to June 2024 high as China buys US beans
CANBERRA, Nov 18 (Reuters) - Chicago soybean futures edged lower on Tuesday, after reaching their highest level since June last year earlier in the session on China's purchases of U.S. beans.Wheat also rose to a multi-month high before trading lower, while corn futures fell.FUNDAMENTALSThe most-...Reuters
Tue, Nov 18
On tiny Christmas Island, Google spurs renewable energy push for Indian Ocean data hub
Google and miner want switch to renewables for island's energyData hub will be part of new cable system across Indian OceanTech giant says data hub focussed on connectivity, local storage By Kirsty Needham SYDNEY, Nov 18 (Reuters) - Australia's remote Indian Ocean outpost of Christmas Isl...Reuters
Tue, Nov 18
PRECIOUS-Gold extends fall on firm dollar, easing Fed rate-cut bets
Fed needs to move slowly with further rate cuts, Jefferson saysFocus shifts to US non-farm payrolls data due on Thursday By Brijesh Patel Nov 18 (Reuters) - Gold fell for a fourth straight session on Tuesday, weighed down by a firm dollar and diminished prospects of a U.S. interest rate cut next ...Reuters
Tue, Nov 18
Oil slips as loadings resume at Russian hub; markets weigh sanctions impact
Nov 18 (Reuters) - Oil prices dipped on Tuesday as supply concerns eased with the resumption of loadings at a Russian export hub, briefly halted by a Ukrainian drone and missile strike, while traders continued to assess the impact of Western sanctions on Russian flows.Brent crude LCOc1 futures were ...Reuters
Tue, Nov 18
PRECIOUS-Gold extends falls on firm dollar, easing Fed rate-cut bets
Nov 18 (Reuters) - Gold fell for a fourth straight session on Tuesday, weighed down by a firm dollar and diminished prospects of a U.S. interest rate cut next month.FUNDAMENTALSSpot gold XAU= was down 0.1% at $4,038.43 per ounce, as of 0104 GMT. U.S. gold futures GCcv1 for December delivery fell 0.9...Reuters
Tue, Nov 18
Gold Price Forecast: XAU/USD declines below $4,050 on USD strength and hawkish Fed comments
Gold price (XAU/USD) extends the decline to around $4,030 during the early Asian session on Tuesday. The precious metal edges lower as traders dialed back expectations of a US interest rate cut next month.Fxstreet
Tue, Nov 18
US Plains HRW Wheat-Protein premiums retreat after month-long climb
CHICAGO, Nov 17 (Reuters) - Basis bids for hard red winter wheat held mostly steady at grain elevators in the southern U.S. Plains on Monday, spot checks showed, while protein premiums retreated after firming over the last several weeks.Protein premiums for wheat delivered by railcar to or through K...Reuters
Tue, Nov 18
US Treasury says sanctions on Rosneft, Lukoil cut Russia oil revenue
WASHINGTON, Nov 17 (Reuters) - The U.S. Treasury said on Monday that U.S. sanctions against Russian oil majors Rosneft ROSN.MM and Lukoil LKOH.MM are already reducing Russian oil revenues and are likely to reduce the quantity of Russian oil sold in the long term.The Treasury'...Reuters
Tue, Nov 18
