News
Important Only
GRAINS-Soybeans fall on US harvest pressure, dismal exports prospects
SINGAPORE, Sept 29 (Reuters) - Chicago soybeans slid on Monday, starting the week on a bearish note as seasonal harvest pressure in the United States and China's absence from the market weighed on prices.Corn futures also fell in early Asian trade, while wheat was largely unchanged.FUNDAMENTALS*...Reuters
Mon, Sep 29
Toyota workers in Brazil approve temporary layoff plan, union says
SAO PAULO, Sept 28 (Reuters) - Workers for Toyota 7203.T in Brazil voted overwhelmingly on Sunday to approve a plan for temporary layoffs following storm damage to one of the Japanese carmaker's factories in the state of Sao Paulo, according to a statement from the workers union.Reuters
Mon, Sep 29
Gold Price Forecast: XAU/USD extends upside above $3,750 as Fed rate cut hopes intact
Gold price (XAU/USD) extends the rally to around $3,770 during the early Asian session on Monday. The precious metal edges higher after the US inflation data came in line with expectations, reinforcing bets that the US Federal Reserve (Fed) may continue with interest rate cuts later this year.
Fxstreet
Mon, Sep 29
US sanctions on Serbia's Russian-owned oil company NIS postponed, Tanjug news agency reports
BELGRADE, Sept 28 (Reuters) - U.S. sanctions on Serbia's Russian-owned NIS NIS.BEL oil company that were supposed to take effect on October 1 will be postponed for eight days, Tanjug news agency reported, quoting President Aleksandar Vucic. The U.S. Treasury's Office of Foreign Assets Contro...Reuters
Sun, Sep 28
Nigeria's Dangote refinery resumes naira petrol sales after brief halt over crude supply constraints
LAGOS, Sept 28 (Reuters) - Nigeria's Dangote Petroleum Refinery has resumed selling petrol in naira, following a brief suspension due to crude supply constraints, according to a notice sent to customers and seen by Reuters late on Saturday.The refinery said sales of petrol denominated in naira w...Reuters
Sun, Sep 28
Humberto weakens to Category 4 hurricane, US NHC says
Sept 28 (Reuters) - Humberto has weakened to become a category 4 hurricane and is expected to make landfall over Bermuda by Tuesday evening, the U.S. National Hurricane Center said on Sunday.The hurricane was located about 585 miles (945 km) south of Bermuda, packing maximum sustained winds of 155 m...Reuters
Sun, Sep 28
ANALYSIS-'Snapback' sends West back to the drawing board on Iran's nuclear programme
U.N. sanctions lifted under 2015 deal kick back inIran has warned it will retaliate, could hurt IAEA workIAEA inspections halted since Israeli, US bombingStep ends incentive West hoped would get quick concessionsIssue appears headed for tense, drawn-out standoffBy Parisa Hafezi, John Irish and Franc...Reuters
Sat, Sep 27
REFILE-Humberto strengthens into a Category 5 hurricane, US NHC says
Sept 27 (Reuters) - Humberto has strengthened quickly to become a powerful Category 5 hurricane and is forecast to continue strengthening through the weekend, the U.S. Hurricane Center said on Saturday.The hurricane was located about 350 miles (563.27 km northeast of the northern Leeward islands, pa...Reuters
Sat, Sep 27
Peru's Gen Z rallies against President Boluarte, protesting over pensions and corruption
Gen Z protests sparked by pension reform, longstanding discontentPresident Boluarte's approval rating at 2.5%, Congress at 3%Peru's mining industry affected by unrest, Hudbay Minerals shuts down mill By Marco Aquino and Alexander Villegas LIMA, Sept 26 (Reuters) - Peru's youth are ral...Reuters
Sat, Sep 27
Tropical depression Nine forms in Atlantic, NHC says
Sept 27 (Reuters) - Tropical Depression Nine formed over the Atlantic and is expected to strengthen during the next few days, the U.S. National Hurricane Center said on Saturday. The depression was about 115 miles (185.07 km)South-Southwest of the central Bahamas with maximum sustained winds 35 mph ...Reuters
Sat, Sep 27
Nigeria's Dangote refinery halts naira petrol sales over crude supply constraints
By Ben Ezeamalu LAGOS, Sept 27 (Reuters) - Nigeria's Dangote refinery has suspended domestic sales of petrol in the local naira currency, citing unsustainable volumes that exceeded its crude allocations, according to a company memo to customers seen by Reuters.The suspension, effective Septe...Reuters
Sat, Sep 27
Iraq resumes Kurdish oil exports to Turkey after 2-1/2-year halt
Flows start smoothly and rapidly, Iraq's oil ministry saysIraq's OPEC delegate says country can export more than its current quantityResumption allows 180,000-190,000 bpd of crude to flowBy Muayad Hameed and Maha El Dahan Sept 27 (Reuters) - Crude oil flowed on Saturday through a pipeline...Reuters
Sat, Sep 27
EXPLAINER-Why the Iraq-Turkey oil pipeline was halted for 2-1/2 years
By Maha El Dahan and Yousef Saba DUBAI, Sept 27 (Reuters) - Crude oil flows from Iraq's northern Kurdistan region to Turkey resumed on Saturday for the first time in two and a half years.Here are details about the dispute that halted the piped supply of some 450,000 barrels per day (bpd) in M...Reuters
Sat, Sep 27
Humberto strengthens into a Category 4 hurricane, US NHC says
Sept 26 (Reuters) - Humberto has strengthened to become a powerful Category 4 hurricane and is forecast to continue strengthening through the weekend, the U.S. Hurricane Center said on Friday.The hurricane was located about 390 miles (630 km) northeast of the northern Leeward islands, packing maximu...Reuters
Sat, Sep 27
USDA attache maintains China 2025/26 soybean imports at 106 million tons
Sept 26 (Reuters) - Following are selected highlights from a report issued on Friday by the U.S. Department of Agriculture's (USDA) Foreign Agricultural Service post in Beijing: "Post raises its forecast for marketing year 25/26 soybean production slightly to 19.9 million metric tons on...Reuters
Sat, Sep 27
US Plains HRW Wheat-Basis bids steady as futures dipped
CHICAGO, Sept 26 (Reuters) - Basis bids for hard red winter wheat were flat to lower in the U.S. Plains on Friday as futures ticked down. The U.S. Department of Agriculture on Tuesday is expected to report domestic wheat stocks rose to 2.043 billion bushels on September 1 from 1.992 billion a ye...Reuters
Fri, Sep 26
CIF/FOB Gulf Grain-Soybean, corn basis bids turn lower as harvest rolls on
CHICAGO, Sept 26 (Reuters) - Basis bids for soybeans and corn shipped by barge to U.S. Gulf Coast export terminals turned lower on Friday, as farmer selling has been sluggish and barge freight rates remained high, traders said.Midwest farmers did a flurry of selling off soybeans early this week, as ...Reuters
Fri, Sep 26
LIVESTOCK-CME hog futures hit contract highs on shock US herd decline
By Tom Polansek CHICAGO, Sept 26 (Reuters) - Lean hog futures stormed to contract highs at the Chicago Mercantile Exchange on Friday as smaller-than-expected U.S. inventory numbers stoked concerns about supplies, analysts said.The nation's inventory on September 1 was 74.5 million head, down ...Reuters
Fri, Sep 26
US Cash Crude-Grades Rise as WTI/Brent spread widens
Sept 26 (Reuters) - U.S. crude grades rose on Friday, dealers said, as the spread between West Texas Intermediate crude futures and global benchmark Brent widened, which typically makes U.S. grades more attractive to foreign buyers.The discount WTCLc1-LCOc1 widened to as much as minus $4.47 a barrel...Reuters
Fri, Sep 26
