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METALS-Copper rises on critical mineral status prospects, Chile regulatory moves
By Lucas Liew Aug 26 (Reuters) - Copper prices rose across major exchanges on Tuesday on U.S. efforts to classify the metal as a critical mineral, while regulatory developments in Chile fueled supply concerns. Three-month copper on the London Metal Exchange CMCU3 rose 0.56% to $9,851.5 per metr...Reuters
24 minutes ago
Gold jumps as President Trump fires Fed Governor Lisa Cook
The Gold price (XAU/USD) attracts some buyers near $3,375 during the Asian trading hours on Tuesday. The precious metal edges higher amid concerns about the US Federal Reserve’s (Fed) independence after the report that US President Donald Trump says he is removing Fed Governor Lisa Cook.
Fxstreet
28 minutes ago
Elliott affiliate emerges as frontrunner in Citgo auction, filing says
Gold Reserve's Dalinar has 3 days to improve its bidAmber offers $5.86 billion to creditorsAmber also offers $2.86 billion to resolve claims against Citgo's parent By Marianna Parraga HOUSTON, Aug 25 (Reuters) - A U.S. court officer said on Monday an affiliate of hedge fund Elliott Invest...Reuters
43 minutes ago
In protein-deficient India, McDonald's, Bollywood and cricket fuel wellness craze
India witnessing huge demand for protein-loaded productsBoom driven by high protein deficiency, not gym fadConsumer firms rush in, launch products with extensive marketing India has world's most vegetarians; poorly ranked on meat intakeBy Dhwani Pandya and Praveen ParamasivamMUMBAI/CHENNAI, Aug...Reuters
57 minutes ago
Bid by Elliott affiliate emerges as front runner in Citgo auction, filing says
HOUSTON, Aug 25 (Reuters) - A U.S. court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum said on Monday a bid by an affiliate of hedge fund Elliott Investment Management is considered superior to an offer by a group led by miner Gold Reserve GRZ.V, wh...Reuters
2 hours ago
U.S. Plains HRW Wheat-Basis steady; protein premiums firm
CHICAGO, Aug 25 (Reuters) - Spot basis bids for hard red winter wheat were mostly flat at grain elevators in the southern U.S. Plains on Monday as K.C. HRW wheat futures sagged.K.C. September hard red winter wheat futures KWU25 settled down 1-1/4 cents on Monday at $4.96-3/4 per bushel after posting...Reuters
2 hours ago
Oil eases after rising to two-week high on Russia-Ukraine supply concerns
By Anjana Anil Aug 26 (Reuters) - Oil prices edged down on Tuesday after surging nearly 2% in the previous session, as traders kept a close watch on developments in the Russia-Ukraine conflict for the potential impact on fuel supplies from the region.Brent crude futures LCOc1 fell 16 cents, or 0.
Reuters
2 hours ago
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Aug 26 (Reuters) - Contract Target Support/Resistance Brent oil (1st mth)$68.19res $68.98/$69.46/$69.76Palm oil (3rd month)4,455/4,421 ringgitres 4,509/4,542/4,563 ringgitWTI* (1st mth)$64.37/$64.07res $64.89/$65.21/$65.73Spot gold$3,388/$3,4...Reuters
2 hours ago
GRAINS-Soybeans fall for 2nd session on improved US rating
SINGAPORE, Aug 26 (Reuters) - Chicago soybeans eased on Tuesday after a weekly U.S. crop report showed improved crop conditions, bolstering expectations of a bumper harvest this autumn, while weak demand from top importer China added further pressure.Corn and wheat prices also fell amid plentiful gl...Reuters
2 hours ago
WTI edges higher above $64.50 amid supply concerns, potential US Fed rate cut
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.60 during the early Asian trading hours on Tuesday. The WTI extends the rally due to a pause in negotiations for a peace deal between Russia and Ukraine. Traders await the American Petroleum Institute (API) weekly crudeFxstreet
3 hours ago
CIF/FOB Gulf Grain-Soybean, corn barge bids inch higher
CHICAGO, Aug 25 (Reuters) - Basis bids for soybeans and corn shipped by barge to U.S. Gulf Coast terminals firmed on Monday, reflecting exporter demand for both grains, traders said.Rumors swirled last week that top global soy buyer China was inquiring about U.S. soybeans, after months of relying on...Reuters
3 hours ago
LIVESTOCK-Cattle futures tip down on screwworm fears
By Heather Schlitz CHICAGO, Aug 25 (Reuters) - Chicago Mercantile Exchange cattle futures fell on Monday as renewed concerns over the spread of New World screwworm pulled cattle futures off contract highs set during the previous week. The U.S. Department of Health and Human Services on Sunday rep...Reuters
4 hours ago
Boeing Co Says Korean Air Commits To Record Purchase Of 103 Boeing Jets
Aug 26 (Reuters) - Boeing Co BA.N:BOEING CO - KOREAN AIR COMMITS TO RECORD PURCHASE OF 103 BOEING JETSBOEING - DEAL WILL MARK KOREAN AIR'S FIRST ORDER FOR 777-8F AND WILL SUPPORT AN ESTIMATED 135,000 JOBS ACROSS USBOEING - KOREAN AIR INTENDS TO BUY BOEING'S 777-9S, 787-10S, 737-10S AND 777-8...Reuters
4 hours ago
US screwworm patient recovered, Maryland says, as ranchers criticize secrecy
US human screwworm case was Maryland resident who recovered, state health department saysUS cattle futures drop on fears parasite will infest livestockCattle ranchers criticize government for delayed reporting of human caseBy Tom Polansek and Leah Douglas CHICAGO/WASHINGTON, Aug 25 (Reuters) - Th...Reuters
4 hours ago
Trump administration plans to cancel approval of Maryland offshore wind project
Trump administration will move to vacate project approval in Maryland lawsuit by Sept. 12US Wind says project is legally soundTrump has made a series of moves to stymie offshore wind development Aug 25 (Reuters) - The Trump administration intends to withdraw federal approval for US Wind’s wind fa...Reuters
5 hours ago
Bill Gates-backed TerraPower, Utah to explore nuclear reactor sites amid power demand surge
Aug 25 (Reuters) - The Utah Office of Energy Development, TerraPower and land development firm Flagship Companies signed an agreement on Monday to explore sites for a nuclear reactor project and an energy storage plant amid soaring demand for power.The parties said they expect to make recommendation...Reuters
5 hours ago
US Cash Crude-Grades mixed on final day of volatile roll trade period
Aug 25 (Reuters) - U.S. crude grades pulled in different directions on Monday, the third and final day of a volatile roll trading period, dealers said. Traders use the three-day roll period to adjust their crude slates, square up positions and net out exposures following the expiration of the U.S. c...Reuters
6 hours ago
GRAINS-Soybeans fall as hopes for Chinese demand wane; corn, wheat firm
Chicago soybeans fall on lack of Chinese demand, U.S. biofuel exemptionsCorn and wheat firmBy Heather Schlitz CHICAGO, Aug 25 (Reuters) - Chicago soybeans fell on Monday after hitting two-month highs on Friday, as industry players lost confidence that Chinese buyers would purchase U.S. soybeans, ...Reuters
6 hours ago
CBOT wheat higher on spillover strength from corn
CHICAGO, Aug 25 (Reuters) - Chicago Board of Trade wheat futures rose on Monday on spillover support from corn futures and hopes of U.S. export sales with Black Sea prices robust. Corn futures rose after a crop tour forecasted the U.S. corn harvest below estimates from the U.S. Department of Agricul...Reuters
6 hours ago
