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METALS-Copper prices gain on weaker dollar; investors watch US trade talks
By Hongmei Li SINGAPORE, July 1 (Reuters) - Copper prices on the London Metal Exchange and the Shanghai Futures Exchange rose on Tuesday on the back of a weaker U.S. dollar, while uncertainty over U.S. trade talks with major partners persisted.The LME three-month copper CMCU3 gained 0.94% to $9,9...Reuters
Tue, Jul 1
Turkey targets nuclear plant deals by year-end – energy official
ISTANBUL, July 1 (Reuters) - Turkey aims to sign international deals for two new nuclear power plants by year-end if it receives competitively priced offers that meet its localisation goals, a senior energy official said on Tuesday.Speaking at a nuclear plants summit in Istanbul, Salih Sari, acting ...Reuters
Tue, Jul 1
Malaysia data centres battle higher power costs, unclear pricing
Steep power tariff hikes hit data centres in MalaysiaUnclear price bands fuel industry uncertaintyHigher costs could erode competitiveness against neighboursBy Sudarshan Varadhan and Ashley Tang KUALA LUMPUR, July 1 (Reuters) - The operators of energy-hungry data centres in Malaysia are scramblin...Reuters
Tue, Jul 1
PRECIOUS-Gold rises on weaker dollar, US trade deal uncertainty
Trump sends personal note to Powell on ratesHigher tariffs loom after July 9 deadline, says BessentGoldman Sachs expects Fed to deliver three rate cuts in 2025US dollar index falls to over 3-year lowBy Anmol Choubey July 1 (Reuters) - Gold prices rose on Tuesday as a weaker dollar and growing unc...Reuters
Tue, Jul 1
Nextwind raises $1.6 billion for German wind energy expansion
By Marleen Kaesebier and Vera Eckert July 1 (Reuters) - Nextwind, a European renewable energy provider, said on Tuesday that it had secured 1.4 billion euros ($1.6 billion) in debt financing for the expansion of a wind energy project in Germany.The deal includes the possibility of raising a furth...Reuters
Tue, Jul 1
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $64.29 per barrel, down from Monday’s close at $64.43.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $66.40 after its previous daily close at $66.49.
Fxstreet
Tue, Jul 1
Nextwind raises $1.6 billion for German wind energy expansion
By Marleen Kaesebier and Vera Eckert July 1 (Reuters) - Nextwind, a European renewable energy provider, said on Tuesday that it had secured 1.4 billion euros ($1.6 billion) in debt financing for the expansion of a wind energy project in Germany.The deal includes the possibility of raising a furth...Reuters
Tue, Jul 1
Japan says it won't sacrifice farm sector for tariff deal after Trump rice complaints
TOKYO, July 1 (Reuters) - Japan will not sacrifice the agricultural sector as part of its tariff talks with the United States, its top negotiator said on Tuesday, after President Donald Trump complained that the key Asian ally was not buying American rice.Reuters
Tue, Jul 1
TECHNICALS-CBOT soybeans may stabilize around $10.22 and rise
For more technical analyses, please click SINGAPORE, July 1 (Reuters) - The CBOT soybean November contract SX25 may stabilize around the support of $10.22 per bushel, and rise toward $10.31-3/4 to $10.36 range.The bounce from $10.13-1/4 adopted a five-wave mode, which suggests the development of a z...Reuters
Tue, Jul 1
COLUMN-Europe drives LNG import growth as Asia stumbles on higher price: Russell
By Clyde RussellLAUNCESTON, Australia, July 1 (Reuters) - Global imports of liquefied natural gas (LNG) ticked higher in the first half of 2025 as stronger European demand pulled cargoes away from Asia.Total imports of the super-chilled fuel were 208.62 million metric tons in the first six months of...Reuters
Tue, Jul 1
GRAINS-Corn drops for second session on improved US crop rating; soybeans, wheat down
SINGAPORE, July 1 (Reuters) - Chicago corn fell on Tuesday, with prices under pressure from a weekly U.S. report showing robust crop condition, boosting prospects of higher output amid plentiful Brazilian supplies.Reuters
Tue, Jul 1
Silver Price Forecast: XAG/USD struggles below $36.00 mark; bears seem non-committed
Silver (XAG/USD) struggles to capitalize on the overnight goodish rebound from the $35.40 area or a multi-day trough and attracts fresh sellers during the Asian session on Tuesday. The white metal currently trades around the $35.85 region, down 0.70% for the day.
Fxstreet
Tue, Jul 1
Japan says it won't sacrifice farm sector after Trump complains about rice
By Kaori Kaneko TOKYO, July 1 (Reuters) - Japan will not sacrifice the agricultural sector as part of its tariff negotiations with the United States, its top government spokesperson said on Tuesday, after President Donald Trump complained that its ally was not importing American rice.Trump wrote ...Reuters
Tue, Jul 1
PRESS DIGEST-British Business - July 1
July 1 (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 is limiting the amount of steel that can be imported from foreign producers in an attempt to ease the col...Reuters
Tue, Jul 1
METALS-Copper inches up on weaker dollar; investors watch US trade talks
By Hongmei Li SINGAPORE, July 1 (Reuters) - Coppers prices on the London Metal Exchange and the Shanghai Futures Exchange inched up on Tuesday on the back of a weaker U.S. dollar, while uncertainty persisted on U.S. trade with major partners.The LME three-month copper CMCU3 gained 0.15% to $9,883...Reuters
Tue, Jul 1
Mitsubishi aims to boost its equity LNG production to 18 million tons/year by early 2030s
TOKYO, July 1 (Reuters) - Japan's Mitsubishi Corp 8058.T aims to raise its liquefied natural gas production through equity holdings to 18 million metric tons per annum by early 2030s from 12.8 million now, via projects such as LNG Canada, a company spokesperson said on Tuesday.LNG Canada is the ...Reuters
Tue, Jul 1
PRESS DIGEST-Financial Times - July 1
July 1 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines- UK government demands probe into insolvency of Lindsey oil refinery- Nissan seeks payment delays for suppliers as it plans to cut ...Reuters
Tue, Jul 1
Canada ships first LNG export cargo from Pacific coast
LNG Canada offers access to Asian markets, bypassing Panama CanalProject cost CDN$40 billion, largest private investment in Canadian historyCanadian LNG has inherent advantages but comes with high construction costs, policy riskBy Amanda Stephenson CALGARY, June 30(Reuters) - Canada's first-e...Reuters
Tue, Jul 1
