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TIMELINE-Trump's trade war with China in 2025
By Liz Lee and Shi Bu BEIJING, Nov 6 (Reuters) - U.S. President Donald Trump has targeted top economic rival China with a cascade of tariffs on imports worth billions of dollars as he tries to narrow a trade deficit, bring home lost manufacturing and cripple the fentanyl trade.Here are key events...Reuters
Thu, Nov 6
TECHNICALS-CBOT soybeans may test support at $11.14-1/2
For more technical analyses, please click SINGAPORE, Nov 6 (Reuters) - The CBOT soybean January contract SF26 may test support at $11.14-1/2 per bushel, a break below which could trigger a drop to $10.96.The contract failed twice to break $11.35-3/4. The failures suggest the formation of a double-to...Reuters
Thu, Nov 6
ROI-Funds amass record bull bets on aluminium as market narrative turns: Andy Home
By Andy Home LONDON, Nov 6 (Reuters) - Fund money has surged into the London Metal Exchange (LME) aluminium contract over the past couple of months as investors bet that the market's days of chronic oversupply are coming to an end. Investors have built up record long positions, fuelling a six...Reuters
Thu, Nov 6
Ukraine strikes Russia's Volgograd with drones, killing at least one, Russian officials say
Ukraine strikes Russia with at least 75 dronesOne man killed in VolgogradFire in area of a major refinery Russia advancing in Ukraine, Russia says MOSCOW, Nov 6 (Reuters) - Ukraine struck Russia with at least 75 drones on Thursday, sparking a fire in an industrial area of the southern city of Vo...Reuters
Thu, Nov 6
EXCLUSIVE-US sorghum shipment heads to China after leaders' meeting, grains council chairman says
By Casey Hall SHANGHAI, Nov 6 (Reuters) - A shipment of sorghum has been sent from the United States to China since last week, Mark Wilson, chairman of the U.S. Grains and BioProducts Council, said on Thursday, the first known cargo following the recent meeting between the two countries' lead...Reuters
Thu, Nov 6
Leaders meet for Amazon summit amid worries over global cooperation at COP30 climate talks
Leadership summit kicks off with 53 leaders to speak over two daysLula lines up bilaterals with UK and FranceBloomberg invests $100 million in methane monitoring and policy supportUK declines to fund Brazil's forest conservation initiativeBy Valerie Volcovici and Lisandra Paraguassu BELEM, Br...Reuters
Thu, Nov 6
PRECIOUS-Gold firms on softer dollar, US government shutdown
US dollar eased off four-month highCongressional impasse results in longest US government shutdownUS Supreme Court By Ishaan Arora Nov 6 (Reuters) - Gold inched higher on Thursday as the dollar slipped from a four-month high and investors remained uncertain regarding the U.S. economic outlook ami...Reuters
Thu, Nov 6
Japan, US consider rare earth mining near Minamitori in Pacific, PM Takaichi says
By Kantaro Komiya and Katya Golubkova TOKYO, Nov 6 (Reuters) - Japan and the United States will jointly study developing rare earth mining in the waters around Minamitori Island in the Pacific, Japanese Prime Minister Sanae Takaichi said on Thursday. Co-development of rare earth minerals was a k...Reuters
Thu, Nov 6
WTI holds near $59.50, further downside appears due to oversupply concerns
West Texas Intermediate (WTI) Oil price inches higher after three days of losses, trading around $59.60 per barrel during the Asian hours on Thursday. However, Oil prices may depreciate further as a significant inventory build heightens oversupply concerns.
Fxstreet
Thu, Nov 6
GRAINS-Soybeans fall 1% as market awaits Chinese buying; wheat, corn down
Soybeans give up Wednesday's gains on China's absenceWheat falls on higher Russian supplies, corn down By Naveen Thukral SINGAPORE, Nov 6 (Reuters) - Chicago soybean futures slid on Thursday, as muted Chinese demand for U.S. cargoes despite easing trade tensions between the two countries ...Reuters
Thu, Nov 6
Silver Price Forecast: XAG/USD seems vulnerable below $49.35-$49.40 pivotal resistance
Silver (XAG/USD) attracts some sellers following an Asian session uptick to the $48.55-$48.60 region and erodes a part of the previous day's gains. The white metal currently trades around the $47.75 region, down 0.70% for the day.
Fxstreet
Thu, Nov 6
Japan, US consider rare earth mining near Minamitori in Pacific, PM Takaichi says
TOKYO, Nov 6 (Reuters) - Japan and the United States will study steps to jointly develop rare earth mining in the waters around Minamitori Island in the Pacific, Japanese Prime Minister Sanae Takaichi said on Thursday.Co-development of rare earth minerals was a key topic in her meeting with U.S. Pre...Reuters
Thu, Nov 6
PRECIOUS-Gold edges lower as US jobs data dents rate-cut expectations
Nov 6 (Reuters) - Gold dipped on Thursday after stronger-than-expected private U.S. payrolls data dented expectations of another interest rate cut by the U.S. Federal Reserve in December.FUNDAMENTALSSpot gold XAU= lost 0.3% to $3,971.08 per ounce by 0144 GMT.U.S. gold futures GCcv1 for December deli...Reuters
Thu, Nov 6
Oil flat as weak demand, oil glut weigh on market
By Katya Golubkova TOKYO, Nov 6 (Reuters) - Oil prices were largely flat early on Thursday, after settling at two-week lows in the previous session as pressure from weaker demand and a global oil glut continued to weigh on the market. Brent crude futures LCOc1 were up 2 cents, or 0.03%, to $63.54...Reuters
Thu, Nov 6
RPT-ANALYSIS-Toyota, Honda turn India into car production hub in pivot away from China
Japanese automakers invest billions in India to reduce China dependenceIndia's low costs and incentives attract Japanese carmakersToyota, Honda, Suzuki expand production and exports in IndiaBy Aditi Shah, Daniel Leussink and Maki Shiraki TOKYO, Nov 5 (Reuters) - Toyota, Honda and Suzuki are s...Reuters
Thu, Nov 6
Gold Price Forecast: XAU/USD edges lower below $4,000 as private payrolls rebound in October
Gold price (XAU/USD) declines to near $3,970 during the Asian trading hours on Thursday. The precious metal edges lower as traders weigh the outlook for the US Federal Reserve (Fed) path after the upbeat US economic data.Fxstreet
Thu, Nov 6
GRAINS-Soybeans fall as market awaits Chinese buying; wheat, corn fall
SINGAPORE, Nov 6 (Reuters) - Chicago soybean futures slid on Thursday, as muted Chinese demand for U.S. cargoes despite easing trade tensions between the two countries kept a lid on prices.Wheat and corn prices fell.FUNDAMENTALSThe most-active soybean contract on the Chicago Board of Trade (CBOT) Sv...Reuters
Thu, Nov 6
