News
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PRECIOUS-Gold hovers near record high on US rate-cut bets, government shutdown
Gold hit record high of $3,895.09/oz on WednesdayUS private payrolls decline in SeptemberGoldman Sachs sees more upside for gold By Brijesh Patel Oct 2 (Reuters) - Gold prices edged higher on Thursday, hovering near the record high hit the day before, helped by expectations of further U.S. rate c...Reuters
Thu, Oct 2
GRAINS-Soybeans slip as ample supply outweighs hopes for China purchases
CANBERRA, Oct 2 (Reuters) - Chicago soybean futures ceded some ground on Thursday, after the previous session's 1.1% rise, when U.S. President Donald Trump said he would talk with Chinese President Xi Jinping about China's boycott of U.S. beans.Wheat futures slipped, while corn inched higher...Reuters
Thu, Oct 2
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $61.87 per barrel, up from Wednesday’s close at $61.62.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $65.34 price posted on Wednesday, and trading at $65.58.
Fxstreet
Thu, Oct 2
Poland - Factors to Watch October 2
WARSAW, Oct 2 (Reuters) - The following are significant news stories, press reports and events on Thursday. ALL TIMES GMT (Poland: GMT + 2 hours):REUTERS POLLThe Czech crown looks set to hover off its 22-month high in the coming six months and the Polish zloty is also seen holding ground, while Hung...Reuters
Thu, Oct 2
COLUMN-Europe can flatter Trump and sting Putin by ditching niche Russian fuels: Bousso
EU loopholes allow imports of Russian condensate, butane and gasoilEU plans to halt pipeline oil and gas imports in 2028Bloc aims to stop Russian LNG imports a year earlierBy Ron Bousso LONDON, Oct 2 (Reuters) - The European Union is currently debating how and when to halt its significant energy ...Reuters
Thu, Oct 2
WTI rises to near $62.00 on Russia supply concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.90 during the Asian trading hours on Thursday. The WTI drifts higher, snapping the three-day losing streak amid prospects of tougher sanctions on Russian crude.Fxstreet
Thu, Oct 2
PRESS DIGEST - Wall Street Journal - October 2
Oct 2 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- The Trump administration is laying out a set of operating principles that it wants universities to agree to in exchange for preferential acce...Reuters
Thu, Oct 2
Freeport Indonesia says search for five trapped Grasberg workers still ongoing
JAKARTA, Oct 2 (Reuters) - Miner Freeport Indonesia said on Thursday that the search for five missing workers at the Grasberg copper and gold mine was still ongoing, more than three weeks after a deadly mud flow disaster at the site.Around 800,000 metric tons of wet material flooded the mine on Sep...Reuters
Thu, Oct 2
Gold consolidates below all-time high amid positive risk tone, overbought conditions
Gold (XAU/USD) attracts some buying following a modest Asian session dip to the $3,853-3,852 region on Thursday and remains well within striking distance of the all-time peak touched the previous day.Fxstreet
Thu, Oct 2
How to Trade a U.S. Government Shutdown? Stocks Aren’t a Sure Bet while Gold Shines Brighter
TradingKey - The U.S. government officially shut down on October 1 after the Senate once again rejected a temporary spending bill, triggering the first shutdown in seven years. Despite rising political and economic uncertainty, both U.S. stocks and gold hit new all-time highs. Analysts say the
TradingKey
Thu, Oct 2
METALS-Copper climbs on supply risks in Chile, Indonesia
By Lucas Liew Oct 2 (Reuters) - Copper prices climbed on the London Metal Exchange on Thursday, buoyed by supply concerns in top producer Chile and major supplier Indonesia, while a weaker dollar provided additional support.Three-month copper on the London Metal Exchange CMCU3 rose 0.33% to $10,...Reuters
Thu, Oct 2
Israel stops 13 Gaza aid boats, organisers say, sparking international criticism
30 boats continue towards Gaza despite Israeli interceptionInternational protests and diplomatic tensions ariseIsrael offers to transfer aid through safe channels, calls mission provocative Oct 2 (Reuters) - Israeli forces have stopped 13 boats carrying foreign activists and aid bound for Gaza, b...Reuters
Thu, Oct 2
PRESS DIGEST-British Business - October 2
Oct 2 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Private equity firm Bain Capital has submitted a first-round offer for Costa Coffee understood to b...Reuters
Thu, Oct 2
PRECIOUS-Gold's record rally pauses as dollar ticks up
Oct 2 (Reuters) - Gold eased on Thursday from the record high hit the day before, pressured by profit-taking and a slight uptick in the dollar, although expectations of further U.S. rate cuts and political uncertainty lent some support to prices.FUNDAMENTALS* Spot gold XAU= was down 0.2% at $3,858.5...Reuters
Thu, Oct 2
GRAINS-Soybeans slip as ample supply outweighs hopes for China purchases
CANBERRA, Oct 2 (Reuters) - Chicago soybean futures ceded some ground on Thursday, after rising 1.1% in the previous session when U.S. President Donald Trump said he would talk with Chinese President Xi Jinping about U.S. exports of the oilseed to China.Corn rose, while wheat was flat. Prices of all...Reuters
Thu, Oct 2
Oil rebounds from 16-week lows on prospects of tighter Russian crude sanctions
By Yuka Obayashi TOKYO, Oct 2 (Reuters) - Oil prices rose on Thursday, snapping a three-day losing streak and rebounding from 16-week lows on prospects of tighter sanctions on Russian crude, though expectations of higher supply from an OPEC+ output boost next month capped gains. Brent crude futur...Reuters
Thu, Oct 2
