News
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PRECIOUS- Gold rallies on bets that delayed US data to boost rate cut prospects
US Senate passes bill to end shutdownGold price highest since October 23'FOMO' buying persists, analyst saysBy Anmol Choubey Nov 11 (Reuters) - Gold prices hit their highest levels in nearly three weeks on Tuesday, supported by expectations a potential U.S. government reopening could rest...Reuters
Tue, Nov 11
GRAINS-Soybeans ease after rally, market awaits more Chinese purchases
Chicago soybean futures fall on lack of Chinese buyingAmple supplies from freshly harvested US crops add pressureBy Naveen Thukral and Michael Hogan SINGAPORE/HAMBURG, Nov 11 (Reuters) - Chicago soybeans fell for the first time in three sessions on Tuesday, as the market came under pressure amid ...Reuters
Tue, Nov 11
Commerzbank Revises Base Metals Price Forecasts
Nov 11 (Reuters) - COMMERZBANK:RAISES YEAR-END COPPER PRICE FORECAST FROM $9,600 TO $10,500 PER TONREVISES FORECAST FOR ALUMINUM UPWARD TO $2,900 PER TON (PREVIOUSLY $2,600) AND FOR ZINC TO $3,000 PER TON (PREVIOUSLY $2,800)LOWERES NICKEL PRICE FORECAST FROM $16,000 PER TON TO $15,000 PER TONSAYS &#...Reuters
Tue, Nov 11
RPT-EXPLAINER-When will US air travel be back to normal? Not this week
WASHINGTON, Nov 10 (Reuters) - Despite hopes the federal government shutdown could end this week, air travelers in the United States are still in for a rough few days of cancellations and delays nationwide before taking to the skies gets back to normal.The Federal Aviation Administration instructed ...Reuters
Tue, Nov 11
Bulgaria has one month of gasoline supplies as US sanctions loom, state reserve agency says
ATHENS, Nov 11 (Reuters) - Bulgaria has one month of gasoline supplies left as it braces for the start of U.S. sanctions on Russia's Lukoil, which owns the country's largest oil refinery and most storage and pipeline infrastructure, the chairman of the state reserves agency said on Tuesday.T...Reuters
Tue, Nov 11
Thailand agrees to ramp up U.S. corn imports and cut tariff to zero, official says
BANGKOK, Nov 11 (Reuters) - Thailand's cabinet on Tuesday agreed to ramp up the amount of corn it imports from the United States and cut the tariff to zero, part of the southeast Asian country's ongoing trade negotiations with Washington, an official said.Thailand will import 1 million metri...Reuters
Tue, Nov 11
Silver rises near $51.00 amid dovish Fed expectations
Silver (XAG/USD) trades around $51.00 on Tuesday at the time of writing, up 0.90% for the day, extending its three-day winning streak. The metal benefits from growing speculation that the Federal Reserve (Fed) will continue its monetary easing cycle in December.
Fxstreet
Tue, Nov 11
China's zinc group sets next quarter processing fees, Antaike says
BEIJING, Nov 11 (Reuters) - The China Zinc Smelters Purchasing Team (CZSPT) has set processing fees for imported zinc concentrate for the first quarter in 2026 at between $105-$120 per dry metric ton, state-backed research house Antaike said on Tuesday.Reuters
Tue, Nov 11
China to step up policy support for private investment in energy sector
Focus on nuclear, hydropower, and cross-regional power transmission projectsPrivate firms can hold up to 20% in major nuclear projectsGovernment trying to improve sluggish investment and weak domestic consumption BEIJING, Nov 11 (Reuters) - China plans to ramp up policy support to attract more pr...Reuters
Tue, Nov 11
COP30 highlights growing need of countries for resilience to storms, flood and fires
Developing countries need $310 billion annually by 2035 for climate adaptation, report saysDevelopment banks channeled more than $26 billion to adaptation projects last yearPrivate finance only 3% of adaptation fundingU.N. fund plans to issue bond for helping to shore up weather monitoring By Simon ...Reuters
Tue, Nov 11
PRECIOUS-Gold hits near three-week high as bill to end US shutdown passes Senate
US Senate passes bill to end shutdownGold hits highest since October 23'FOMO' buying persists amid favourable outlook, analyst saysBy Anmol Choubey Nov 11 (Reuters) - Gold prices extended gains on Tuesday to their highest in nearly three weeks, supported by expectations a potential U.S. g...Reuters
Tue, Nov 11
Gold: Regaining momentum – OCBC
Gold rebounded sharply this week, riding on hopes that US government shutdown may be nearing its end. It may sound odd but gold is behaving more like an 'alpha' proxy outperforming traditional risk assets. XAU last seen at 4134.79 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Tue, Nov 11
Shell challenges Venture Global arbitration decision in New York Supreme Court
LONDON, Nov 11 (Reuters) - Shell SHEL.L told Reuters on Tuesday it has challenged an arbitration outcome it lost against Venture Global, alleging Venture Global withheld information from Shell and the arbitration tribunal.The arbitration case was over Venture Global's VG.N failure to deliver liq...Reuters
Tue, Nov 11
PRESS DIGEST- New York Times business news - November 11
Nov 11 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- A coalition of clean energy groups and the city of St. Paul sued the U.S. government on Monday, challenging what they described as...Reuters
Tue, Nov 11
Aster, Aether Fuels to build renewable fuel plant in Singapore's Bukom Island
By Trixie YapSINGAPORE, Nov 11 (Reuters) - Aster Chemicals and Energy has tied up with technology firm Aether Fuels to build a renewable fuels facility in Singapore's Bukom Island, which will start operations in 2028, the companies said on Tuesday. Construction on the 2,000 metric ton-per-year (...Reuters
Tue, Nov 11
China to step up policy support for private investment in energy sector
BEIJING, Nov 11 (Reuters) - China will increase policy support to attract private investment in the energy sector, an official with the National Energy Administration told a press conference on Tuesday.China unveiled new policy measures on Monday to revive private investment, including encouraging p...Reuters
Tue, Nov 11
METALS-Copper climbs on US shutdown deal, supply tightness
SHANGHAI, Nov 11 (Reuters) - Copper prices climbed on Tuesday, as a potential resolution to the U.S. federal government shutdown lifted market sentiment, while fresh production data reinforced expectations of tighter supply next year.The most-traded copper contract SCFcv1 on the Shanghai Futures Exc...Reuters
Tue, Nov 11
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 $59.78 per barrel, down from Monday’s close at $60.06.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $63.69 after its previous daily close at $63.96.
Fxstreet
Tue, Nov 11
