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Trump says US to cut fentanyl tariff to 10% after talks with China's Xi
ABOARD AIR FORCE ONE, Oct 30 (Reuters) - U.S. President Donald Trump said on Thursday that the United States will cut its tariffs on Chinese goods imposed as a punishment over the flow of fentanyl to 10% from 20%, after his summit with Chinese President Xi Jinping in South Korea.Xi will work "ve...Reuters
Thu, Oct 30
Japan's Sojitz begins importing heavy rare earths from Australia
TOKYO, Oct 30 (Reuters) - Japan's Sojitz 2768.T has begun importing heavy rare earths from Australia's Lynas Rare Earths LYC.AX, it said on Thursday, the first such imports produced from Australian ore separated and refined in Malaysia.The move aims to help Japan secure supplies of key mater...Reuters
Thu, Oct 30
Trump's critical minerals adviser to meet companies in Sydney on Friday, sources say
MELBOURNE, Oct 30 (Reuters) - U.S. President Donald Trump's adviser on critical minerals is set to meet officials of about 30 critical minerals companies in Sydney on Friday, two sources familiar with the matter said, as the U.S. and Australia step up cooperation to diversify supply.Joshua Kroon...Reuters
Thu, Oct 30
Global gold demand climbs 3% to quarterly record as investment soars, WGC says
Total investment demand up 47% y/y, led by ETFsGold jewellery fabrication fell 23%, the WGC estimatesBuying by central banks up 10% Oct 30 (Reuters) - Global gold demand rose by 3% year-on-year to 1,313 metric tons, the highest quarterly number on record, in the third quarter as investment deman...Reuters
Thu, Oct 30
RPT-ROI-Diesel rally sparked by Western sanctions on Russia will be short-lived: Bousso
Russia is second-biggest diesel exporterUS sanctions on Rosneft, Lukoil will lead to changes in diesel flowsNew EU measures force Indian refiners to replace Russian crudeBy Ron Bousso LONDON, Oct 30 (Reuters) - A new wave of Western sanctions on Russia’s oil industry has roiled the diesel market,...Reuters
Thu, Oct 30
PRECIOUS-Gold gains as dollar retreat, Fed rate cut buoy appeal
Trump says tariffs on China cut to 47% from 57%Fed cuts rates by a quarter of a percentage pointBy Brijesh Patel Oct 30 (Reuters) - Gold prices rose on Thursday, supported by a pullback in the dollar and an interest rate cut from the U.S. Federal Reserve, although signs of progress in U.S.-China ...Reuters
Thu, Oct 30
TABLE-North Sea gas maintenance schedule: Revises Atwick outage
Oct 30 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAG...Reuters
Thu, Oct 30
China agrees to one-year rare earth export deal, issue 'settled' says Trump
By Lewis Jackson BEIJING, Oct 30 (Reuters) - China has agreed to keep rare earth exports flowing to the world as part of a one-year agreement, President Donald Trump said on Thursday shortly after meeting his counterpart Xi Jinping in South Korea.The agreement, which Trump provided few details ab...Reuters
Thu, Oct 30
ANZ Raises Short-term Crude Oil Price Forecast To $70/BBL
Oct 30 (Reuters) - ANZ: RAISES 0-3 MONTH CRUDE OIL PRICE TARGET TO $70 PER BARRELU.S. MOVE TO SANCTION RUSSIAN OIL COMPANIES PRESENTS A SIGNIFICANT LIFT IN THE RISKS TO OIL SUPPLYIN VIEW OF HEIGHTENED RISKS TO RUSSIAN SUPPLY, EXPECT OPEC+ ALLIANCE WILL APPROVE ANOTHER 137,000 BARREL A DAY INCREASE I...Reuters
Thu, Oct 30
GRAINS-Chicago soybean futures fall 1% after Trump-Xi meeting
BEIJING, Oct 30 (Reuters) - Chicago soybean futures fell on Thursday after President Donald Trump and Chinese President Xi Jinping concluded their meeting, as markets were disappointed by the lack of concrete details on agricultural purchases.The most-active soybean contract on the Chicago Board of ...Reuters
Thu, Oct 30
Trump says Nvidia's high-end Blackwell chip did not figure in talks with China's Xi
GYEONGJU, Oct 30 (Reuters) - U.S. President Donald Trump said on Thursday he did not discuss chipmaker Nvidia's state-of-art Blackwell artificial intelligence chip during talks with Chinese President Xi Jinping.He was walking back the previous day's remarks about potentially helping the comp...Reuters
Thu, Oct 30
WTI treads water above $60.00 before US-China trade deal updates
West Texas Intermediate (WTI) Oil price inches lower after modest gains in the previous session, trading around $60.10 per barrel during the Asian hours on Thursday. Crude Oil prices move little as traders stay cautious following the conclusion of the United States (US)-China meeting.
Fxstreet
Thu, Oct 30
IOC seeks bids for 24 mln bbls of oil from Americas for March quarter, document shows
Oct 30 (Reuters) - State-run refiner Indian Oil IOC.NS has invited initial bids for 24 million barrels of oil from the Americas for the March quarter in 2026, according to a document seen by Reuters on Thursday.Reuters
Thu, Oct 30
GRAINS-Chicago soybean futures rise, traders eye Trump-Xi meeting for possible trade deal
BEIJING, Oct 30 (Reuters) - Chicago soybean futures rose on Thursday amid expectations that the crucial meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping could result in a soybean trade agreement, which would help U.S. farmers avoid further losses. The most-acti...Reuters
Thu, Oct 30
Microsoft Azure's services restored after global outage
Azure outage affected global industries, including airlines and airportsMicrosoft 365 services impacted by Azure configuration changeOutage follows recent Amazon AWS disruption, highlighting tech vulnerabilities Oct 29 (Reuters) - Microsoft MSFT.O said late on Wednesday it had resolved an outage ...Reuters
Thu, Oct 30
METALS-Copper retreats from record highs as firmer dollar weighs
Oct 30 (Reuters) - Copper prices slipped on Thursday, pulling back from record highs hit in the previous session, as a stronger dollar weighed on the greenback-priced asset after the U.S. Federal Reserve cut its interest rates.Three-month copper on the London Metal Exchange CMCU3 was down 0.96% at $...Reuters
Thu, Oct 30
Australia's Lynas Rare Earths says demand is strong as revenue jumps
Lynas revenue of A$200.2 million misses consensusWill start producing samarium in 1H 2026 calendar yearLynas notes strong demand from emerging customer baseBy Melanie Burton MELBOURNE, Oct 30 (Reuters) - First-quarter revenue at Australia's Lynas Rare Earths LYC.AX rose by 66% from a year ear...Reuters
Thu, Oct 30
PRECIOUS-Gold ticks up on dollar retreat; Trump-Xi meeting in focus
Trump seeks trade truce with Xi in South Korea talksFed cuts rates by a quarter of a percentage pointPalladium gains more than 1%By Brijesh Patel Oct 30 (Reuters) - Gold prices inched higher on Thursday, supported by a slight pullback in the dollar, while investors waited to see if U.S. President...Reuters
Thu, Oct 30
