Search
News
Important Only
Gold nears $4,800 as fading Dollar lifts bullion for fourth consecutive day
Gold (XAU/USD) price rallies for a fourth straight day on Wednesday, hitting a two-week high near $4,800 as the Greenback depreciates amid growing speculation of an end to the Middle East conflict. At the time of writing, the XAU/USD pair trades at $4,758, up nearly 2%.
Fxstreet
12 minutes ago
US Plains HRW Wheat-Basis bids steady, dealers assess rain chances
CHICAGO, April 1 (Reuters) - Basis bids for hard red winter (HRW) wheat were unchanged in the southern U.S. Plains on Wednesday as grain dealers assessed prospects for rains that could ease dry conditions.Beneficial rains were expected in southeastern Plains, though dryness will continue to cause st...Reuters
12 minutes ago
CBOT soybean futures turn lower as Trump signals Iran conflict ending
CHICAGO, April 1 (Reuters) - Chicago Board of Trade soybean futures turned lower on Wednesday on a day of technical trading and money flows out of the grain markets and into equities, after U.S. President Donald Trump's comments suggested an end to the Middle East conflict, market analysts said....Reuters
26 minutes ago
CBOT corn futures drop on technical trading
CHICAGO, April 1 (Reuters) - Chicago Board of Trade corn futures ended lower on Wednesday in a flurry of technical trading, as investors shed positions after U.S. President Donald Trump's comments suggested an end to the Middle East conflict could be close, market analysts said.Trump told Reuter...Reuters
29 minutes ago
ANALYSIS-SpaceX’s orbital data centers could face same hurdles as Microsoft’s abandoned undersea project
Microsoft's undersea data center failed due to high costs and lack of demand, sources sayExperts warn Musk's space AI plan faces greater technical and economic hurdles than undersea effortsAnalysts and industry leaders doubt space-based data centers can compete with ground facilitiesBy Joe B...Reuters
42 minutes ago
Canada's Kinross starts permit process for $1.5 billion Chile mine
SANTIAGO, April 1 (Reuters) - Canadian miner Kinross Gold Corp. begun the process of obtaining the environmental permit to develop its Lobo Marte gold project in northern Chile, which is expected to involve an investment of $1.5 billion, the government said on Wednesday.The permit application, submi...Reuters
43 minutes ago
Automakers unveil new EVs for US market despite sales downturn
Automakers face tough demand environmentHigher fuel prices are sparking new interest in EVsEV sales remain strong in California By David Shepardson and Kalea HallNEW YORK, April 1 (Reuters) - Major automakers unveiled new electric vehicles at the New York Auto Show on Wednesday, despite lagging cons...Reuters
an hour ago
US Cash Grains-Soy, corn basis bids strengthen as farmer sales slow
CHICAGO, April 1 (Reuters) - Spot basis bids for soybeans and corn jumped on Wednesday at processing facilities, grain elevators and river terminals in the U.S. Midwest as farmer selling slowed, dealers said.The soybean basis rose by 10 cents per bushel at processors in Lafayette, Indiana; Council B...Reuters
an hour ago
Canada's Kinross starts permit process for $1.5 billion Chile mine
SANTIAGO, April 1 (Reuters) - Canadian miner Kinross Gold Corp. has begun the process of obtaining the environmental permit to develop its Lobo Marte gold project in northern Chile, which is expected to involve an investment of $1.5 billion, the government said on Wednesday.Reuters
an hour ago
Petrobras allows distributors to pay for 55% jet fuel hike in installments
RIO DE JANEIRO/SAO PAULO, April 1 (Reuters) - Brazilian state-run oil firm Petrobras PETR3.SA will allow distributors to pay for a hefty increase in jet fuel prices announced for April in installments, it said on Wednesday, adding that a similar measure could also be adopted in May and June. Petrobr...Reuters
an hour ago
PRECIOUS-Gold extends gains on softer dollar, focus on Iran war
Trump says Iran has asked for ceasefireUS dollar falls for second straight day US private payrolls increase steadily in March, ADP saysBy Ashitha Shivaprasad April 1 (Reuters) - Gold rose for a fourth straight session on Wednesday as the U.S. dollar slipped and other risk assets rallied on tentat...Reuters
2 hours ago
Europe Gasoline/Naphtha-Gasoline refining margins rise, U.S. stocks fall
LONDON, April 1 (Reuters) - Northwest European gasoline refinery profit margins rebounded on Wednesday to $18.19 a barrel, as crack spreads moved to the new June Brent contract, while U.S. gasoline inventories fell last week, according to the Energy Information Administration. A total of 24,000 metr...Reuters
2 hours ago
Oil slides as Middle East uncertainty keeps markets on edge
US could be out of Iran 'pretty quickly', Trump saysUncertainty over how supply chains can be revived OPEC oil output falls in March, Reuters survey findsBy Shariq Khan NEW YORK, April 1 (Reuters) - Oil prices fell on Wednesday after U.S. President Donald Trump said the country will end i...Reuters
2 hours ago
OPEC oil output plunges in March as war forces export cuts, Reuters survey finds
OPEC March output plunges 7.3 million bpdEight OPEC+ producers had pledged to keep output steady before Iran war forced export cutsBiggest drop is in IraqBy Alex Lawler LONDON, March 31 (Reuters) - OPEC oil output plunged in March to its lowest level since the height of the COVID-19 pandemic in ...Reuters
2 hours ago
GRAINS-Chicago grain, soybean futures slide as Trump signals Iran conflict may ease
CBOT wheat, corn, soybeans fall as investors react to Middle East conflict developmentsCrude oil fall counters support from U.S. planting data, Plains droughtTrump comments raise expectations of war de-escalationBy P.J. Huffstutter CHICAGO, April 1 (Reuters) - Chicago Board of Trade corn, whe...Reuters
2 hours ago
POLL-US natural gas stockpiles likely rose by 34 billion cubic feet last week
April 1 (Reuters) - U.S. energy firms likely added 34 billion cubic feet of natural gas into storage last week, according to the average estimate in a Reuters poll released on Wednesday. The estimate compares with an injection of 30 bcf during the same week a year ago and an average decline of four ...Reuters
2 hours ago
CORRECTED-Perpetua Resources seeks $2.7 billion EXIM loan for Idaho gold-antimony project (March 31)
March 31 (Reuters) - Antimony and gold miner Perpetua Resources PPTA.TO, PPTA.O said on Tuesday that the U.S. Export-Import Bank board has unanimously agreed to notify Congress of a proposed $2.7 billion loan to help finance the Stibnite Gold Project in Idaho. The proposed financing includes a ...Reuters
2 hours ago
