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PRECIOUS-Gold climbs on rate-cut bets, broader uncertainty; investors eye US-China trade talks
US CPI data due on FridaySpot gold hits all-time high of $4,378.69/oz last weekU.S. government shutdown enters its 20th dayBy Noel John and Pablo Sinha Oct 20 (Reuters) - Gold prices rose by over 2% on Monday, buoyed by expectations of further U.S. interest rate cuts and sustained safe-haven dem...Reuters
Mon, Oct 20
Russia tightening law on sabotage, citing rising Ukraine, NATO threats
Russian bill mandates life imprisonment for involving minors in sabotage, lowers criminal responsibility age to 14Head of parliament's security committee says law counters increased subversive threats from Ukraine, NATOSince it sent forces into Ukraine in 2022, Russia has stepped up crackdowns ...Reuters
Mon, Oct 20
China intensifies effort to ensure wheat sowing against heavy rains
BEIJING, Oct 20 (Reuters) - China has launched a 60-day campaign to secure wheat planting in the main North China Plain winter wheat belt, the governmentsaid on Monday, after heavy rains left fields wet and threatened to delay planting and disrupt next year's grain supply.The Ministry of Agricul...Reuters
Mon, Oct 20
PRESS DIGEST-Canada - October 20
BANGALORE, Oct 20 (Reuters) - The following are the top stories from Canadian newspaper The Globe and Mail. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL- The British Columbia government is set to introduce legislation to fast-track the No...Reuters
Mon, Oct 20
EXCLUSIVE-Ukraine drone attack on Russian gas plant hits Kazakh output, sources say
Ukraine drones hit Russia's Orenburg gas processing plantGas from Karachaganak is being processed at the Orenburg plantShell, Eni, Chevron are among Karachaganak stakeholders MOSCOW, Oct 20 (Reuters) - A Ukrainian drone attack on Russia's Orenburg gas plant has forced neighbouring Kazakhs...Reuters
Mon, Oct 20
UK PM Starmer to attend COP30 in Brazil, PM's spokesperson says
LONDON, Oct 20 (Reuters) - British Prime Minister Keir Starmer will attend the COP30 climate summit in Brazil in November to accelerate Britain's efforts on pursuing net zero and driving green growth, his spokesperson said on Monday."The prime minister will attend the COP30 climate summit in...Reuters
Mon, Oct 20
Deals of the day-Mergers and acquisitions
Oct 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday: ** Holcim said it will buy German walling systems maker Xella for 1.85 billion euros ($2.16 billion), a move aimed at tapping the growing European building refurbishment...Reuters
Mon, Oct 20
PRECIOUS-Gold climbs on rate cut bets, broader uncertainty; investors eye US-China trade talks
US CPI data due on FridaySpot gold hit all-time high of $4,378.69/oz last weekU.S. government shutdown enters its 20th day By Noel John and Pablo Sinha Oct 20 (Reuters) - Gold prices rose by over 1% on Monday, buoyed by expectations of further U.S. interest rate cuts and sustained safe-haven dem...Reuters
Mon, Oct 20
US natural gas prices surge 8% as colder weather boosts demand
Gas storage levels 4% above normal, easing supply concernsLNG export flows near record highs, boosting demandColder weather forecast boosts heating demandLower 48 states see decline in gas outputBy Scott DiSavinoOct 20 (Reuters) - U.S. natural gas futures jumped about 8% to a one-week high on Monday...Reuters
Mon, Oct 20
US government shutdown likely to end this week, White House adviser Hassett says
WASHINGTON, Oct 20 (Reuters) - The 20-day U.S. federal government shutdown is likely to end this week, White House economic adviser Kevin Hassett said on Monday."I think the Schumer shutdown is likely to end sometime this week," White House economic adviser Kevin Hassett said in an interview...Reuters
Mon, Oct 20
CBOT Trends-Soybeans up 8-10 cents, corn mixed, wheat down 1-2
CHICAGO, Oct 20 (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 Monday.NOTE: The U.S. government remains shut down, suspending many government reports. WHEAT - Down 1 to 2 cents...Reuters
Mon, Oct 20
US government shutdown likely to end this week, White House adviser Hassett says
WASHINGTON, Oct 20 (Reuters) - The 20-day U.S. federal government shutdown is likely to end this week, White House economic adviser Kevin Hassett said on Monday."I think the Schumer shutdown is likely to end sometime this week," White House economic adviser Kevin Hassett said in an interview...Reuters
Mon, Oct 20
Chinese battery maker CATL posts faster profit growth in third quarter
BEIJING, Oct 20 (Reuters) - Chinese electric vehicle battery giant CATL 300750.SZ saw net profit growth accelerate in the third quarter, even as it faced increased competition from smaller rivals.Net profit rose 41.2% to 18.5 billion yuan ($2.6 billion) in the July-September period from a year earli...Reuters
Mon, Oct 20
Gold edges higher after steep pullback, investors eye US-China talks
Gold (XAU/USD) edges higher on Monday, recovering modestly after Friday’s steep decline from record highs near $4,380. At the time of writing, XAU/USD is trading around $4,280 during the European session, up over 0.50% on the day.Fxstreet
Mon, Oct 20
PRECIOUS-Gold consolidates after record rally; US-China talks in focus
US CPI data due on FridaySpot gold hit all-time high of $4,378.69/oz last weekGold still looks very bullish, analyst saysBy Anmol Choubey Oct 20 (Reuters) - Gold prices inched higher on Monday after a record rally, supported by expectations of more U.S. rate cuts and safe-haven demand linked to t...Reuters
Mon, Oct 20
Gold consolidates after record rally, focus on US-China talks
Oct 20 (Reuters) - Gold prices inched higher on Monday after a record rally, supported by expectations of more U.S. rate cuts and safe-haven demand linked to the government shutdown in Washington, while investors awaited cues from upcoming U.S.-China trade talks.Reuters
Mon, Oct 20
Tons of silver from US, China ease London spot market squeeze
LONDON, Oct 20 (Reuters) - Large flows of silver from the U.S. and China to London's spot market in the past week are easing a liquidity squeeze in the world's largest over-the-counter precious metals trading hub, traders and analysts said.Reuters
Mon, Oct 20
