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GRAINS-Wheat dips as US dollar finds its footing
Jan 30 (Reuters) - Chicago wheat futures fell on Friday as the U.S. dollar regained some ground, even as the greenback's recent sharp slide and renewed buying interest kept the contract on track for a fourth consecutive weekly gain. Soybeans and corn also dipped, and both were set to end t...Reuters
Fri, Jan 30
FACTBOX-UBS raises gold price target to $6,200/oz
Jan 30 (Reuters) - UBS has raised its gold price target to $6,200 per ounce from $5,000 for March, June and September 2026, citing stronger-than-expected demand stemming from increased investment.However, the bank in a note on Thursday projected a modest decline to $5,900 per ounce by 2026-end after...Reuters
Fri, Jan 30
Australia says US price floor backdown won't derail its critical minerals strategy
SYDNEY, Jan 30 (Reuters) - Australia on Friday said it would support its critical mineral supply chains after the U.S. stepped back from plans to guarantee a minimum price for such projects. Shares of Australia's rare earth miners fell sharply on Thursday after Reuters reported on the Trum...Reuters
Fri, Jan 30
Gold declines as government funding deal boosts USD and prompts profit-taking
Gold (XAU/USD) is witnessing heavy liquidation for the second straight day on Friday, following the parabolic rise of more than 25% since the beginning of this month and a series of record highs set over the past two weeks or so.
Fxstreet
Fri, Jan 30
US lifts some Venezuela sanctions to ease oil sales
Broad US license eases some sanctions on Venezuelan oilDoes not ease measures on production of Venezuelan crude Represents shift from issuing individual licensesTransactions with entities in Cuba not allowedBy Timothy Gardner and Marianna Parraga WASHINGTON, Jan 29 (Reuters) - The administration ...Reuters
Fri, Jan 30
PREVIEW-Singapore's aviation showcase to reflect region's defence uncertainties and growth ambitions
US-built F-35 fighters will have their Singapore Airshow debut amid geopolitical challengesOver 1,000 companies expected at Asia's largest air show including manufacturers and airlinesChina's COMAC vying for attention with C919 jetBy Tim Hepher, Joe Brock and Julie Zhu Jan 30 (Reuters) - ...Reuters
Fri, Jan 30
Panama court voids CK Hutchison port contracts
PANAMA CITY, Jan 29 (Reuters) - Panama's Supreme Court late on Thursday annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison 0001.HK, ruling that the contracts were unconstitutional and leaving the future of the operations along the Panama Canal unclear. Panama Ports ...Reuters
Fri, Jan 30
TECHNICALS-US oil to stabilize around $63.32-$63.56 range and rise
For more technical analyses, click SINGAPORE, Jan 30 (Reuters) - U.S. oil CLc1 is expected to stabilize around a support zone of $63.32 to $63.56 per barrel and retest a resistance at $66.32.A five-wave cycle from $58.96 looks incomplete. The sharp correction triggered by the resistance was driven b...Reuters
Fri, Jan 30
Japan's JERA Executive: Exploring Possibility Of Procuring LNG From Alaska But Not Considering Investing
Jan 30 (Reuters) - Tokyo Electric Power Company Holdings Inc 9501.T:JERA EXECUTIVE: EXPLORING POSSIBILITY OF PROCURING LNG FROM ALASKA LNG BUT NOT CONSIDERING INVESTING IN THE PROJECTJERA EXECUTIVE: NOT PLANNING TO BOOK IMPAIRMENT LOSSES FOR OFFSHORE WIND POWER PROJECTS IN FY2025JERA EXECUTIVE: WILL...Reuters
Fri, Jan 30
GRAINS-Wheat dips as US dollar finds its footing, still set for weekly gain
Jan 30 (Reuters) - Chicago Board of Trade wheat futures fell on Friday as the U.S. dollar steadied, but were still on track for a fourth consecutive weekly gain thanks to the greenback's recent decline and cold weather threatening crops in major production regions.Soybeans and corn also dipped, ...Reuters
Fri, Jan 30
London Metal Exchange resumes trade after one-hour delay
Jan 30 (Reuters) - The London Metal Exchange has resumed trading on Friday after a one-hour delay due to technical issues.Trading resumed at 0200 GMT."Due to a technical issue there is a delay to the opening of LMEselect," LME said in an emailed statement to Reuters, referring to its electro...Reuters
Fri, Jan 30
Union rejects contract offer from Marathon
USW rejects Marathon's contract proposal as "unacceptable"Negotiations face Sunday deadline for new agreementUSW demands safety, job security, and fair wagesBy Erwin SebaHOUSTON, Jan 29 (Reuters) - The United Steelworkers union rejected a comprehensive contract offer from Marathon Petrol...Reuters
Fri, Jan 30
London Metal Exchange delays start of trading Friday due to technical issue, Bloomberg News reports
Jan 29 (Reuters) - The London Metal Exchange has delayed the start of trading on Friday due to technical issues, with no estimated time for a restart, Bloomberg News reported on Friday, citing a notice to brokers.Reuters
Fri, Jan 30
Oil hovers near multi-month highs as Trump considers Iran strike
Hegseth tells Trump Pentagon is prepared on IranIsraeli, Saudi officials visit Washington to discuss possible US strikes on Iran, sources sayVenezuela approves sweeping oil reformUS eases some sanctions on Venezuela's oil industryBy Florence Tan SINGAPORE, Jan 30 (Reuters) - Oil prices are he...Reuters
Fri, Jan 30
Cattle futures fall as extreme cold slows cash market
CHICAGO, Jan 29 (Reuters) - CME live and feeder cattle futures ended lower on Thursday as cash markets stalled out in the face of extreme cold in much of the United States. The low temperatures slowed processing operations this week and a harsh environment for animals raised outdoors, according to ...Reuters
Fri, Jan 30
Trump says 'very dangerous' for UK to get into business with China
WASHINGTON, Jan 29 (Reuters) - U.S. President Donald Trump on Thursday warned the United Kingdom against getting into business with China, saying it would be "very dangerous."During the premiere of the "Melania" film at the Kennedy Center, Trump was asked about the UK pledging greate...Reuters
Fri, Jan 30
Citi expects limited US-Israel action on Iran to avoid escalation
Jan 29 (Reuters) - Citi expects the U.S. and Israel to take limited actions against Iran in the near term that avoid an escalatory response to push the country into a deal over its nuclear programme, the bank said in a note on Thursday. The smaller steps likely include limited U.S. military actions...Reuters
Fri, Jan 30
Gold Price Forecast: XAU/USD edges higher above $5,400 as traders await Trump’s Fed Chair pick
Gold price (XAU/USD) holds positive ground around $5,405 during the early Asian session on Friday. The precious metal hit a record high near $5,600 before paring gains due to profit-taking in the previous session.Fxstreet
Fri, Jan 30
Weyerhaeuser swings to an adjusted loss in fourth quarter on weak wood product prices
Jan 29 (Reuters) - U.S. timber company Weyerhaeuser WY.N swung to an adjusted quarterly loss on Thursday, pressured by lower commodity wood product prices and sluggish demand in major end-markets.The implementation of President Donald Trump's trade measures — particularly the 10% tariff on lumbe...Reuters
Fri, Jan 30
