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China moves to rein in Copper smelting expansion – ING
The China Nonferrous Metals Industry Association has urged the government to impose strict controls on new copper smelting projects, ING's commodity experts Ewa Manthey and Warren Patterson note.
Fxstreet
Fri, Sep 26
Kremlin, asked about Trump pressure on Ankara, says energy cooperation with Turkey continues
MOSCOW, Sept 26 (Reuters) - The TurkStream and Blue Stream gas pipelines are pumping gas to Turkey at full capacity and cooperation between Moscow and Ankara is continuing, the Kremlin said on Friday, after Washington pressured allies to halt Russian oil and gas imports. The Kremlin was commentn...
Reuters
Fri, Sep 26
PRECIOUS-Gold firms as upbeat US GDP data dampens rate-cut bets; focus on PCE
US GDP grew faster than estimated in second quarterUS personal consumption expenditures data due on FridayPlatinum at 12-year high, all metals set for weekly gainsBy Ishaan Arora Sept 26 (Reuters) - Gold held steady on Friday after better-than-expected U.S. GDP data dampened bets of further rate ...
Reuters
Fri, Sep 26
Gold Price Forecast: XAU/USD wobbles around $3,750 as investors await US PCE Inflation data
Gold price (XAU/USD) trades in a tight range around $3,750 during the European trading session on Friday. The yellow metal consolidates as investors await the United States (US) Personal Consumption Expenditure Price Index (PCE) data for August, which will be published at 12:30 GMT.
Gold
Fxstreet
Fri, Sep 26
Kremlin says intact section of Nord Stream gas pipelines could be quickly activated
MOSCOW, Sept 26 (Reuters) - The Kremlin said on Friday that the surviving section of the Nord Stream gas pipelines from Russia to Germany, which were blown up three years ago, could be quickly put into service.Kremlin spokesman Dmitry Peskov said Russia hoped a German-led investigation into the blas...
Reuters
Fri, Sep 26
WTI Oil retreats below $65.00 as concerns about global trade resurface
Crude prices are trimming previous gains on Friday, as a new tariff salvo from US President Donald Trump has brought fears of a decline in global demand.
WTI
Fxstreet
Fri, Sep 26
SOFTS-Arabica coffee extends rebound on falling stocks
LONDON, Sept 26 (Reuters) - Arabica coffee futures on ICE extended this week's rebound on Friday, boosted by declining exchange stocks, while London cocoa prices slumped to a two-month low. COFFEE* Arabica coffee KCc2 rose 1.9% to $3.58 per lb by 1009 GMT and was on track for a wee...
Reuters
Fri, Sep 26
CORRECTED-Iran and Russia sign $25 billion agreement to build four nuclear power plants in Iran, IRNA says
DUBAI, Sept 26 (Reuters) - Iran has signed a $25 billion agreement with Russia's state nuclear corporation Rosatom to build four nuclear power plants in Iran, IRNA news agency said on Friday.Rosatom said on Wednesday it signed a memorandum of understanding on the construction of small nuclear po...
Reuters
Fri, Sep 26
Belarus says it could supply nuclear energy to parts of Ukraine controlled by Russia
MOSCOW, Sept 26 (Reuters) - Belarus is proposing to build a nuclear power plant in the east of the country that could supply electricity to Russian-controlled parts of Ukraine, President Alexander Lukashenko said on Friday.Lukashenko put the idea to Russian President Vladimir Putin at Kremlin talks ...
Reuters
Fri, Sep 26
Iran, Russia sign $25 billion deal to build four nuclear power plants in Iran, IRNA says
DUBAI, Sept 26 (Reuters) - Iran has signed a $25 billion agreement with Russia's state nuclear corporation Rosatom to build four nuclear power plants in Iran, IRNA news agency said on Friday.Rosatom previously said it had signed a memorandum of understanding on Wednesday on the construction of s...
Reuters
Fri, Sep 26
Orsted In Talks To Sell Stake In Flagship UK Wind Project To Apollo - FT
Sept 26 (Reuters) - ØRSTED IN TALKS TO SELL STAKE IN FLAGSHIP UK WIND PROJECT TO APOLLO - FTORSTED AND US PRIVATE CAPITAL GROUP APOLLO DISCUSS DEAL FOR 50% OF £8.5BN HORNSEA 3 WIND FARM - FTSource text: https://tinyurl.com/6a86s9be
Reuters
Fri, Sep 26
Pointing to US investments, Novartis expects no impact from new 100% tariff
BERLIN, Sept 26 (Reuters) - Switzerland's Novartis NOVN.S said on Friday that a new U.S. pharmaceutical tariff "should have no impact" on its activities, pointing to a $23 billion investment in U.S. infrastructure and the construction of new sites in the country."We are working to en...
Reuters
Fri, Sep 26
Canadian natgas producers cut output amid record low prices
Record low negative prices due to pipeline constraintsProduction cuts could last till end of month - analystAdvantage Energy carrying out unprecedented shut-insBy Amanda Stephenson and Scott DiSavino Sept 26 (Reuters) - Some natural gas producers in Western Canada are aggressively cutting out...
Reuters
Fri, Sep 26
Gold continues to attract investment flows – ING
Gold edged closer to previous record highs yesterday, while silver prices broke above $45/oz (the highest since May 2011), ING's commodity experts Ewa Manthey and Warren Patterson note.
Gold
Fxstreet
Fri, Sep 26
EU says it has 15% ceiling on US pharma tariffs
BRUSSELS, Sept 26 (Reuters) - The European Commission said on Friday it had secured a 15% ceiling on U.S. tariffs on pharmaceuticals, acting as an insurance policy for European companies. "The United States intends to promptly ensure that the tariff rate ... applied to originating goods of t...
Reuters
Fri, Sep 26
Belarus says it could provide electricity to Ukrainian regions controlled by Russia
MOSCOW, Sept 26 (Reuters) - Belarusian President Alexander Lukashenko told his Russian counterpart Vladimir Putin that Minsk could construct a new nuclear power station and supply the energy to parts of Ukraine that Russia has annexed, Belarusian state media reported.Lukashenko and Putin were meetin...
Reuters
Fri, Sep 26
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Friday, according to FXStreet data.
Silver
Fxstreet
Fri, Sep 26
India says it had constructive talks with U.S. on trade deal
NEW DELHI, Sept 26 (Reuters) - India said on Friday its delegation visited the United States earlier this week where the two countries had constructive talks and decided to continue discussions with an aim for "early conclusion of a mutually beneficial trade agreement".
Reuters
Fri, Sep 26
Turkey's Erdogan says meaningful progress made in Trump talks
ANKARA, Sept 26 (Reuters) - Turkish President Tayyip Erdogan said his talks with President Donald Trump on Thursday yielded "meaningful progress" in many areas, with discussions on steps to improve defence cooperation and boost trade.In comments to reporters during his return flight from Was...
Reuters
Fri, Sep 26
Tropical Storm Humberto becomes a hurricane, NHC says
Sept 26 (Reuters) - Tropical Storm Humberto has strengthened into a hurricane over the Atlantic and is forecast to intensify further, with the U.S. National Hurricane Center expecting it to become a major hurricane this weekend, the agency said on Friday.Hurricane Humberto is about 465 miles (750 km...
Reuters
Fri, Sep 26
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