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Gold corrects from record highs amid stronger US Dollar and trade optimism
Gold (XAU/USD) drifts lower on Tuesday after retesting its record high near $4,380 on Monday. The pullback comes as the US Dollar (USD) extends its recovery gains and traders book partial profits following an overextended rally.
Fxstreet
Tue, Oct 21
RPT-ROI-US-Australia critical minerals deal underscores the gap to China: Russell
By Clyde Russell SYDNEY, Oct 21 (Reuters) - The deal to develop critical mineral supply chains between the United States and Australia is not quite the game-changer needed to end Western reliance on China, but it is an important first step.U.S. President Donald Trump and Australian Prime Minister...Reuters
Tue, Oct 21
RPT-BREAKINGVIEWS-US-Aussie critical minerals pact is worthy stretch
By Antony CurrieMELBOURNE, Oct 21 (Reuters Breakingviews) - China's President Xi Jinping won't exactly be quaking in his boots after reading the terms of a critical minerals pactsignedby his U.S. and Australian counterparts on Monday. Donald Trump and Anthony Albanese between them pledged ro...Reuters
Tue, Oct 21
PRESS DIGEST-Canada - October 21
Oct 21 (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 MAIL- A U.S.-Canada tradedeal on steel, aluminium and energy could be ready for Canadian Prime Minister Mark Ca...Reuters
Tue, Oct 21
Gold Price Forecast: XAU/USD corrects lower, approaching $4,200 area
Gold was rejected at the $4,380 area for the second time on Monday, and the precious metal has lost more than $100 on Tuesday, reverting the previous day’s gains, with precious metals hammered by an improving market sentiment and a stronger US Dollar.US President Trump calmed markets on Monday, annoFxstreet
Tue, Oct 21
Gold takes a breather after record rally, focus turns to US CPI data
Oct 21 (Reuters) - Gold prices fell over 2% on Tuesday as investors booked profits after the metal hit another record high in the previous session, driven by expectations of U.S. interest rate cuts and strong safe-haven demand.Reuters
Tue, Oct 21
GRAINS-Chicago soybeans extend gains on US-China trade optimism
PARIS/BEIJING, Oct 21 (Reuters) - Chicago soybean futures rose for a fifth straight session on Tuesday to reach a new one-month peak, as optimism over U.S.-China trade talks lifted hopes for renewed soybean purchases by the world's top buyer.Corn inched up with support from soybeans, as traders ...Reuters
Tue, Oct 21
France's EDF picks advisers to study options for Italian unit Edison, sources say
By Elvira Pollina and Francesca Landini MILAN, Oct 21 (Reuters) - French utility EDF has picked Intesa Sanpaolo IMI ISP.MI and Lazard LAZ.N as financial advisers to study strategic options for its Italian subsidiary Edison EDNn.MI, two sources familiar with the matter told Reuters on Tuesday.Unde...Reuters
Tue, Oct 21
PRECIOUS-Gold takes a breather after record rally, focus turns to US CPI data
Gold hit record high of $4,381.21/oz on MondayGold prices are poised to rise further, analyst saysFocus on US inflation data due on FridaySilver down over 4%By Anmol Choubey Oct 21 (Reuters) - Gold prices fell 2% on Tuesday as investors booked profits after the metal hit another record high in th...Reuters
Tue, Oct 21
FACTBOX-US utilities on dealmaking spree to blockbuster 2025
Oct 21 (Reuters) - With electricity demand in the United States set to hit record highs in 2025 and 2026, utilities are doubling down on assets that can boost their power generation capacity while shedding others to fund their massive spending plans.The dealmaking spree comes as the industry prepare...Reuters
Tue, Oct 21
France's EDF picks advisers to study options for Italian unit Edison, sources say
By Elvira Pollina and Francesca Landini MILAN, Oct 21 (Reuters) - French utility EDF has picked Intesa Sanpaolo IMI ISP.MI and Lazard LAZ.N as financial advisers to study strategic options for its Italian subsidiary Edison EDNn.MI, two sources familiar with the matter told Reuters on Tuesday.Unde...Reuters
Tue, Oct 21
RTX raises 2025 forecast as strong demand offsets tariff worries
By Utkarsh Shetti and Mike Stone Oct 21 (Reuters) - RTX RTX.N raised its full-year profit and revenue forecast on Tuesday, as the aerospace and defense giant signals confidence in its ability to weather the impact of tariffs in the wake of rising demand for its missiles and aftermarket services.T...Reuters
Tue, Oct 21
Halliburton beats third quarter profit estimates
Oct 21 (Reuters) - Halliburton HAL.N beat Wall Street estimates for third quarter profit on Tuesday, helped by steady demand for its oilfield equipment and services in North America. The company reported an adjusted profit of 58 cents per share for the quarter ended September 30, compared with analy...Reuters
Tue, Oct 21
Concerned carmakers race to beat China's rare earths deadline
China controls 70% rare-earth mining, 85% refining Rare-earth-free motors are years from mass productionChina pricing undermines new rare-earth mines abroadBy Nick Carey and Christina Amann LONDON/BERLIN, Oct 21 (Reuters) - Global automakers are scouring the globe for crucial rare earths ahead of...Reuters
Tue, Oct 21
External power supply to be restored to Zaporizhzhia nuclear plant by Saturday, Russian management says
MOSCOW, Oct 21 (Reuters) - The external power supply at the Zaporizhzhia nuclear power plant in southeastern Ukraine is expected to be restored by Saturday, the Russian-installed management told Reuters.Repair work began at the plant, which has had no power since late September, on October 18. The p...Reuters
Tue, Oct 21
API reverses course on E15 gasoline bill, calls for regulatory fixes
By Jarrett Renshaw Oct 21 (Reuters) - The American Petroleum Institute said on Tuesday it opposes legislation to expand year-round sales of E15 gasoline, a reversal that underscores deepening tensions between the oil and ethanol industries after a brief period of cooperation.The influential oil t...Reuters
Tue, Oct 21
Kazakhstan's largest oilfield to return from maintenance on October 24, minister says
ASTANA, Oct 21 (Reuters) - Kazakhstan's Chevron-led CVX.N Tengiz oilfield, the country's largest, has been undergoing maintenance which is due to be completed on October 24, Energy Minister Erlan Akkenzhenov told Reuters on Tuesday.Tengizchevroil (TCO), Kazakhstan's largest producer, rea...Reuters
Tue, Oct 21
IFC, Appian launch $1 billion critical minerals fund in Africa, Latam
LONDON, Oct 21 (Reuters) - Private equity firm Appian Capital Advisory and the International Finance Corporation (IFC) have launched a $1 billion fund to invest in critical minerals projects in Africa and Latin America, the companies said on Tuesday.The fund, anchored by an initial $100 million comm...Reuters
Tue, Oct 21
Gold and Stocks Rise in Tandem — It’s Not Inflation or Risk, It’s Liquidity
TradingKey - Since 2025, both gold and equities have continued to hit new all-time highs — a rare phenomenon in financial history. Conventional explanations such as dollar depreciation, inflation hedging, and safe-haven demand struggle to explain this simultaneous rally. The true force behind theTradingKey
Tue, Oct 21
