News
Important Only
US says it raised issue of wildfires with Canadian government
TORONTO, Oct 31 (Reuters) - U.S. Environmental Protection Agency Administrator Lee Zeldin told reporters on Friday that he has raised the issue of wildfires with Canada's government, saying it has become a crucial cross-border matter alongside fentanyl.Canada has experienced severe wildfires in ...Reuters
Fri, Oct 31
Exxonmobil Says It Will Corporate Plan Update On Dec. 9
Oct 31 (Reuters) - Exxon Mobil Corp XOM.N:EXXONMOBIL SAYS IT WILL PROVIDE A CORPORATE PLAN UPDATE ON DECEMBER 9EXXON CEO DARREN WOODS SAYS MARKET IN LOW CARBON VENTURES IS NOT DEVELOPING AS FAST AS THE COMPANY HAD PLANNED FOR AND IT WILL PACE SPENDING ACCORDINGLYEXXON CEO SAYS COMPANY IS LOOKING AT ...Reuters
Fri, Oct 31
Silver holds steady near $49 amid US fiscal uncertainty, trade truce
Silver (XAG/USD) trades little changed on Friday, hovering around $49 per ounce as investors digest the cautious message from the US Federal Reserve (Fed) and the recent diplomatic progress between the United States (US) and China.
Fxstreet
Fri, Oct 31
FACTBOX-Morgan Stanley forecasts gold prices to reach $4,500/Oz by mid-2026
Oct 31 (Reuters) - Morgan Stanley said on Friday that gold prices had potential to climb to $4,500 per ounce by mid-2026, citing strong physical demand by exchange-traded funds and central banks as the economic outlook remains uncertain. "Recent price action took gold well into 'overbought&#...Reuters
Fri, Oct 31
PRECIOUS-Gold steady as traders assess further rate cuts, set for third monthly rise
Gold set for third monthly gainInvestors trim December rate cut bets from above 90% to 65%Trump reduces tariffs on China to 47% from 57%By Noel John and Pablo Sinha Oct 31 (Reuters) - Gold prices held steady above $4,000 an ounce on Friday as traders weighed uncertainty around another interest r...Reuters
Fri, Oct 31
U.S. coal exports declined 11% in 1H2025 due to reduced exports to China, EIA says
Oct 31 (Reuters) - U.S. ENERGY INFORMATION ADMINISTRATION:SAYS DATA RELEASED BY THE U.S. CENSUS BUREAU IN SEPTEMBER SHOWS US EXPORTED 46.8 MILLION SHORT TONS (MMST) OF COAL IN THE FIRST HALF OF 2025 (1H25), 11% DECLINE FROM 1H24SAYS STEAM COAL EXPORTS TOTALED 22.5 MMST, A 10% DECLINE FROM 1H24, META...Reuters
Fri, Oct 31
OPEC+ likely to agree small oil output increase for December, sources say
Group likely to agree to 137,000 bpd hike, sources sayNew sanctions make it difficult for Russia to raise outputOPEC+ has slowed pace of increases amid glut predictionsEight OPEC+ countries to meet online on SundayBy Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW, Oct 31 (Reuters) ...Reuters
Fri, Oct 31
US natgas prices jump 4% to 6-month high as record LNG export flows boost demand
Near-record LNG export flows boost demandLower 48 states see drop in gas outputOil-to-gas ratio hits lowest since Dec 2022Gas storage levels about 4% above normal, easing supply concernsBy Scott DiSavinoOct 31 (Reuters) - U.S. natural gas futures jumped about 4% to a six-month high on Friday on near...Reuters
Fri, Oct 31
CBOT Trends-Wheat down 5-6 cents, corn down 2-3, soy down 4-5
CHICAGO, Oct 31 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Friday.NOTE: The U.S. government remains shut down, suspending many government reports. WHEAT - Down 5 to 6 cents...Reuters
Fri, Oct 31
Pakistan awards first offshore oil exploration blocks for decades
First offshore bidding round since 2007 draws 23 block awardsFour local-led consortiums win exploration rightsTurkish national oil company TPAO among foreign partnersPossible $750 million–$1 billion investment if drilling proceedsBy Ariba ShahidKARACHI, Oct 31 (Reuters) - Pakistan said it has awarde...Reuters
Fri, Oct 31
PRESS DIGEST-Canada - October 31
Oct 31 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAILCanadian textile maker SRTX founder Homuth wants back in after company announces CEO exit. The company also announced...Reuters
Fri, Oct 31
GRAINS-Soybeans set for biggest monthly gain in nearly four years on China trade optimism
PARIS/BEIJING, Oct 31 (Reuters) - Chicago soybean futures edged down on Friday but remained on course for their biggest monthly gain in nearly four years after a rally fuelled by the prospect of revived soybean exports under a U.S.-Chinese trade truce.Corn and wheat, not mentioned by Washington and ...Reuters
Fri, Oct 31
EU countries split over 2040 climate goal as COP30 looms
EU trying to pass new climate goal before COP30 summitCountries split over speed and cost of CO2 cutsCrunch meeting of ministers on November 4 to seek a dealBy Kate Abnett BRUSSELS, Oct 31 (Reuters) - European Union countries remain split over their new climate change target and are still debatin...Reuters
Fri, Oct 31
Pakistan Government Says Bids Received For 23 Offshore Blocks For Petroleum Exploration
Oct 31 (Reuters) - PAKISTAN GOVERNMENT: OFFSHORE BIDS COULD BRING $750 MILLION TO $1 BILLION INVESTMENTPAKISTAN GOVERNMENT: BIDS RECEIVED FOR 23 OFFSHORE BLOCKS FOR PETROLEUM EXPLORATIONPAKISTAN GOVERNMENT: AWARDED OFFSHORE EXPLORATION BLOCKS TO OGDCL, PPL, MARIENERGIES, PRIME ENERGYPAKISTAN GOVERNM...Reuters
Fri, Oct 31
Canada's Imperial Oil posts profit slump on impairment charge
Oct 31(Reuters) - Canadian oil producer Imperial Oil IMO.TO posted a sharp fall in third-quarter profit on Friday, hurt by a non-cash impairment and restructuring charges and lower commodity prices.The Calgary, Alberta-based company said its net income fell to C$539 million ($385 million), or C$1.07...Reuters
Fri, Oct 31
PRECIOUS-Gold falls as investors dial back rate cut bets, set for third monthly gain
Gold set for third monthly gainInvestors trim December rate cut bets from above 90% to 67%Trump reduces tariffs on China from 57% to 47%By Ishaan Arora Oct 31 (Reuters) - Gold retreated towards $4,000 an ounce on Friday as uncertainty over another U.S. rate cut in December helped keep the dollar ...Reuters
Fri, Oct 31
RPT-BREAKINGVIEWS-Trump’s soy reprieve is late to the harvest
By Gabriel Rubin WASHINGTON, Oct 30 (Reuters Breakingviews) - Xi Jinping bought peace for a handful of beans. The trade war truce reached between the United States and China at a presidential meeting in South Korea rests, in part, on promises from the People’s Republic to resume purchases of Amer...Reuters
Fri, Oct 31
Copper supply concerns are likely to persist – Commerzbank
Although the price of Copper has fallen back somewhat from its recent record high, it is probably still too early for a significant correction, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen and Commerzbank's FX analyst Volkmar Baur report.Fxstreet
Fri, Oct 31
Investor interest drove Gold demand to record highs in the third quarter – Commerzbank
Although the price of Gold fell by almost USD 500 for a time from its record high on Monday October 20th, its reputation as a safe haven is unlikely to be tarnished in the long term. Ultimately, this merely offset the gains made in October.Fxstreet
Fri, Oct 31
