News
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Silver Price Forecast: XAG/USD stabilizes above $52 after healthy correction
Silver price (XAG/USD) trades 0.7% higher to near $52.30 during the late Asian trading session on Monday. The white metal rebounds after a steep corrective move seen on Friday from the all-time high of $54.50.
Fxstreet
Mon, Oct 20
TABLE-North Sea gas maintenance schedule: Adds Aldbrough outage
Oct 20 (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
Mon, Oct 20
Trump vows to keep 'massive' tariffs on India until Russian oil imports cease
Trump keeps up pressure on India to stop buying Russian oilU.S.-India trade talks 'congenial', Indian official says ABOARD AIR FORCE ONE, Oct 19 (Reuters) - U.S. President Donald Trump reiterated on Sunday that Indian Prime Minister Narendra Modi told him India will stop buying Russian oi...Reuters
Mon, Oct 20
Australia's Albanese to discuss rare earths, security in first Trump summit
SYDNEY, Oct 20 (Reuters) - Australian Prime Minister Anthony Albanese will hold his first summit with U.S. President Donald Trump at the White House on Monday, targeting a bigger U.S. commitment to Australia's critical minerals sector as China tightens control over global supply.Reuters
Mon, Oct 20
China imports no US soybeans in September for first time in seven years
BEIJING, Oct 20 (Reuters) - China imported no soybeans from the U.S. in September, the first time since November 2018 that shipments fell to zero, while South American shipments surged from a year earlier, as buyers shunned American cargoes during the ongoing trade dispute between the world's two laReuters
Mon, Oct 20
Gold ticks up on US rate-cut hopes; US-China trade talks in focus
Oct 20 (Reuters) - Gold prices edged higher on Monday, helped by chances of further U.S. interest rate cuts, while investors awaited U.S. inflation data and U.S.-China trade negotiations this week for further direction.
Reuters
Mon, Oct 20
GRAINS-Chicago soybeans rise on US-China trade optimism; corn, wheat firm
By Ella Cao and Lewis Jackson BEIJING, Oct 20 (Reuters) - Chicago soybean futures rose on Monday, buoyed by renewed optimism over U.S.-China trade talks after U.S. President Donald Trump said he believed Beijing would agree to a soybean deal.As of 0406 GMT, the most-active soybean contract on the...Reuters
Mon, Oct 20
WTI holds losses near $57.00 due to OPEC+ oversupply concerns
West Texas Intermediate (WTI) Oil price trims its recent gains from the previous session, trading around $57.00 per barrel during the Asian hours on Monday. Crude Oil prices face challenges amid concerns over rising global supply.
Fxstreet
Mon, Oct 20
China expects bumper grain harvest for the year, stats bureau says
BEIJING, Oct 20 (Reuters) - China's autumn grain production has been generally stable, and another bumper harvest is expected this year, the National Bureau of Statistics said in a statement released on Monday.Some areas experienced natural disasters including drought and flooding, and the key g...Reuters
Mon, Oct 20
PRECIOUS-Gold prices recover some ground after easing from record highs
Oct 20 (Reuters) - Gold prices edged up on Monday, recouping after a steep drop last week from record highs above $4,300 an ounce on U.S. President Donald Trump's comments that alleviated U.S.-China trade tensions and drove investors towards riskier assets.FUNDAMENTALS* Spot gold XAU= was up 0.4...Reuters
Mon, Oct 20
GRAINS-Chicago soybeans rise on US-China trade talks optimism
BEIJING, Oct 20 (Reuters) - Chicago soybean futures rose on Monday, buoyed by renewed optimism over U.S.-China trade talks after U.S. President Donald Trump said he believed Beijing would agree to a soybean deal.Wheat gained on bargain-buying, while corn eased slightly with traders remaining cautiou...Reuters
Mon, Oct 20
Trump says India to continue paying 'massive' tariffs if Russian oil purchase not restricted
ABOARD AIR FORCE ONE, Oct 19 (Reuters) - U.S. President Donald Trump reiterated on Sunday that Prime Minister Narendra Modi told him India will restrict its Russian oil purchases, with the American leader saying New Delhi will continue paying "massive" tariffs if they did not do so.Reuters
Mon, Oct 20
Oil prices slip on concerns over US-China trade tensions
By Yuka Obayashi TOKYO, Oct 20 (Reuters) - Oil prices dipped on Monday, pressured by worries over a global glut as escalating U.S.-China trade tensions added to concerns about an economic slowdown and weaker energy demand.Brent crude futures LCOc1 fell 24 cents, or 0.4%, at $61.05 a barrel at 003...Reuters
Mon, Oct 20
China September rare earth magnet exports fall 6% from month earlier
BEIJING, Oct 20 (Reuters) - China's rare earth magnet exports in September fell 6.1% from the prior month, customs data showed on Monday.Outbound shipments from the world's largest rare earth magnet supplier stood at 5,774 metric tons last month, versus 6,146 tons in August, according to dat...Reuters
Mon, Oct 20
Gold Price Forecast: XAU/USD edges lower below $4,250 as demand eases after the festive season
Gold price (XAU/USD) trades in negative territory around $4,245 during the early Asian session on Monday. The precious metal edges lower as the recent record-breaking rally seems overstretched and physical demand eases after the festive rush.Fxstreet
Mon, Oct 20
ANALYSIS-New copper demand drivers from US, India as China juggernaut slows
Infrastructure cycles mean more fragmented marketUS, India to drive copper demand as China's growth slowsChina's copper demand growth to slow, impacting global marketBy Pratima DesaiLONDON, Oct 20 (Reuters) - Copper consumption in the United States and India is set to emerge from China's...Reuters
Mon, Oct 20
Giant Russian gas plant suspends intake from Kazakhstan after Ukrainian drone strike
MOSCOW, Oct 19 (Reuters) - The Orenburg gas processing plant, the largest facility of its kind in the world, has been forced to suspend its intake of gas from Kazakhstan after a Ukrainian drone attack, Kazakhstan's energy ministry said on Sunday.Orenburg regional governor Yevgeny Solntsev had sa...Reuters
Sun, Oct 19
Ukraine hits Russia's oil refinery, gas processing plant, its military says
KYIV, Oct 19 (Reuters) - Ukraine's military hit an oil refinery in Russia's Samara region and a gas processing plant in the Orenburg region in an overnight attack on Sunday, the Ukrainian general staff said.It said in a statement on the Telegram app that the attacks caused fires at both site...Reuters
Sun, Oct 19
