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Capstone Copper beats Q3 revenue estimates, reiterates 2025 copper production forecast
OverviewCapstone Copper Q3 2025 revenue beats analyst expectations, reaching record highAdjusted EBITDA for Q3 2025 sets record, driven by increased sulphide copper productionCompany announces joint venture partnership at Santo Domingo, enhancing project returnsOutlookCapstone reiterates 2025 copper...Reuters
Thu, Oct 30
US Plains HRW Wheat-Gulf basis and protein premiums rise
CHICAGO, Oct 30 (Reuters) - Basis bids for hard red winter (HRW) wheat improved at the U.S. Gulf export terminal while protein premiums rose for certain wheat grades, often a sign of demand from domestic flour millers, spot checks showed.The track basis for railcars of wheat at the Gulf rose to 115 ...Reuters
Thu, Oct 30
ICE canola futures rise with soybeans, ignore soyoil
WINNIPEG, Manitoba, Oct 30 (Reuters) - ICE canola futures continued to follow Chicago soybeans higher on Thursday, as details of the U.S.-China trade deal became clearer.• January canola RSF6 settled up $7.20 at $648.50 per metric ton.• Canola futures usually follow closely the Chicago soyoil contra...Reuters
Thu, Oct 30
Oil prices steady as investors assess US-China trade truce
Trump to reduce China tariffs after meeting with XiOPEC+ likely to add another 137,000 bpd of supply in DecemberUS Fed rate cut boosts economic outlook, supportive of oil demandOversupply concerns persist with record US output, OPEC+ hikesBy Scott DiSavinoNEW YORK, Oct 30 (Reuters) - Oil prices held...Reuters
Thu, Oct 30
Railroad operator Canadian National lays off 400 managers, Globe and Mail reports
Oct 30 (Reuters) - Canadian National Railway CNR.TO has laid off about 400 managers at its rail offices across Canada and the United States amid a freight downturn due to the trade war, the Globe and Mail reported on Thursday.Earlier this month, U.S. President Donald Trump said he would hike tariffs...Reuters
Thu, Oct 30
US natgas prices hit 4-month high on contract expiry, near-record LNG export flows
December futures up 17% from November's closeGas output in Lower 48 states falls to 107.0 billion cubic feet per day in OctoberLNG export feedgas on track for monthly record high of 16.5 bcfd in OctoberGas storage levels about 5% above normal, easing supply concernsEIA reports larger-than-usual ...Reuters
Thu, Oct 30
SpaceX pitches NASA 'simplified' Starship moon landing plan amid progress concerns
NASA considers opening Artemis contract to rivalsSpaceX outlines milestones achieved in Starship moon lander contractIn-space refueling demo crucial for Starship's lunar mission success WASHINGTON, Oct 30 (Reuters) - Elon Musk's SpaceX on Thursday said it proposed to NASA a simplified pla...Reuters
Thu, Oct 30
CBOT wheat futures turn lower as traders focus on ample supplies
CHICAGO, Oct 30 (Reuters) - Chicago Board of Trade wheat futures turned lower on Thursday, as traders reacted cautiously to agricultural commitments made in U.S.-Chinese trade talks and shifted their focus back to ample supply, market analysts said.Roughly one-third of the wheat in the U.S. Plains i...Reuters
Thu, Oct 30
CBOT soybeans touch 15-month high after China agrees to buy US crops
CHICAGO, Oct 30 (Reuters) - U.S. soybean futures reached a 15-month high on Thursday, after President Donald Trump's administration said top-importer China agreed to buy tens of millions of metric tons of American crops in the next few years as part of a trade truce, analysts said.CBOT November ...Reuters
Thu, Oct 30
CBOT corn turns lower amid lack of corn deal details in Trump-Xi meeting
CHICAGO, Oct 30 (Reuters) - Chicago Board of Trade corn futures turned lower on Thursday, as prices set back from recent gains and traders were disappointed in a lack of specific framework for corn deals in the meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping.Ongoin...Reuters
Thu, Oct 30
US Army Corps approves Enbridge's Line 5 reroute in Wisconsin
By Amanda Stephenson CALGARY, Oct 30 (Reuters) - The U.S. Army Corps of Engineers has granted approval to Canadian company Enbridge ENB.TO for its plan to reroute a section of its Line 5 oil pipeline around a Wisconsin tribal reservation.The Army Corps, a federal engineering service, issued a per...Reuters
Thu, Oct 30
US judge skeptical Trump administration can legally suspend food benefits
Democratic-led states ask judge to block SNAP benefits from being cut offUSDA says it will not use contingency funds for food aid States seek ruling before SaturdayBy Nate Raymond BOSTON, Oct 30 (Reuters) - A federal judge in Boston on Thursday said it appeared to her that President Donald Trump&...Reuters
Thu, Oct 30
WRAPUP 2-Shell profit above, TotalEnergies in line with expectations amid lower prices
Shell maintains $3.5 billion buyback pace, TotalEnergies scales backShell's gas and upstream divisions exceed expectationsTotalEnergies' downstream results rise 76% amid EU fuel import banBy Stephanie Kelly, Shadia Nasralla and America Hernandez LONDON/PARIS, Oct 30 (Reuters) - Shell SHEL...Reuters
Thu, Oct 30
Gold jumps as Fed cut offsets Powell’s hawkish tone
Gold price rallies over than 1.50% on Thursday after the Federal Reserve (Fed) reduced rates as expected despite Chair Jerome Powell’s hawkish comments at the press conference. Falling US Treasury yields and geopolitics boosted the yellow metal, which trades at $3,995 at the time of writing.
Fxstreet
Thu, Oct 30
Cheniere Energy reports rise in third-quarter profit on strong LNG demand
Shares up 1% in early afternoonCompany expects to export 50 million metric tons of LNG next yearCheniere expects lower global LNG prices beginning in 2026By Curtis Williams and Tanay DhumalOct 30 (Reuters) - Cheniere Energy LNG.N on Thursday reported a rise in third-quarter profit, citing strong dem...Reuters
Thu, Oct 30
PRECIOUS-Gold gains as Fed trims rates, investors assess U.S.-China trade deal
Trump says tariffs on China cut to 47% from 57%US Federal Reserve delivers 25-bp rate cutWells Fargo Investment Institute hikes 2026 year-end gold targetBy Noel John and Pablo Sinha Oct 30 (Reuters) - Gold prices rose 2% on Thursday, buoyed by a Federal Reserve interest rate cut as well as linge...Reuters
Thu, Oct 30
EU wheat eases as US-China trade excitement fades
PARIS, Oct 30 (Reuters) - Euronext wheat edged down on Thursday, moving further back from a two-month high at the start of the week, as traders reacted cautiously to agricultural commitments made in U.S.-Chinese trade talks and shifted their focus back to ample supply.December milling wheat BL2Z5, t...Reuters
Thu, Oct 30
FACTBOX-What did Trump, Xi agree to on tariffs, export controls and fentanyl?
By David Lawder WASHINGTON, Oct 30 (Reuters) - U.S. President Donald Trump and Chinese President Xi Jinping on Thursday took steps to de-escalate their trade war, swapping some U.S. tariff reductions and tighter export controls for a pause in Beijing's new restrictions on rare earth minerals ...Reuters
Thu, Oct 30
Europe Gasoline/Naphtha-Gasoline cracks dip
LONDON, Oct 30 (Reuters) - Northwest European gasoline profit margins dipped by about $1.91 a barrel to $16.44 on Thursday despite a fall in stockpiles. A total of 19,000 metric tons of Eurobob E5 gasoline barges were traded as Exxon and Glencore sold to Trafigura, Varo and TotalEnergies.Another 6,0...Reuters
Thu, Oct 30
