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Gold eases from $3,385 highs as Fed’s Cook refuses to resign
Gold‘s rally from Monday’s lows at $3,350 has been capped on Tuesday after hitting fresh two-week highs at $3,385. The Precious metal has stalled below $3,380, as the US Dollar regains lost ground, following Fed Governour Lisa Cook’s rejection of President Trump’s calls to fire her.
Fxstreet
37 minutes ago
Germany, Canada to deepen critical minerals cooperation in supply chain push
BERLIN, Aug 26 (Reuters) - Germany and Canada agreed on Tuesday to deepen cooperation on critical minerals amid growing global concern over China's export curbs and Berlin's push to reduce dependence on single sources.Critical minerals like lithium, rare earth elements, copper, tungsten, gal...Reuters
an hour ago
CORRECTED-EUROPE GAS-Prices mixed on Norway maintenance, revised wind power output
Aug 26 (Reuters) - Dutch and British wholesale gas prices were slightly mixed on Tuesday morning, with lower demand forecasts weighing on the market while the start of a longer maintenance period at Norwegian gas fields is expected to provide support.The benchmark Dutch front-month contract at the T...Reuters
an hour ago
Indonesia says US agrees tariff exemption for its palm oil, cocoa, rubber
By Stefanno Sulaiman and Gibran Naiyyar Peshimam JAKARTA, Aug 26 (Reuters) - The United States has agreed in principle to exempt Indonesian exports of cocoa, palm oil and rubber from President Donald Trump's tariff of 19% imposed since August 7, the Southeast Asian nation's chief tariff n...Reuters
an hour ago
Russian government commission backs 10% duty on flax exports, sources say
MOSCOW, Aug 26 (Reuters) - Russia, the world's largest producer and exporter of oilseed flax, is preparing to introduce a 10% duty on export of the crop, two sources familiar with the matter told Reuters on condition of anonymity.A Russian government commission approved the introduction of 10% d...Reuters
an hour ago
German-Norwegian team is finalist in Canadian submarine deal, Carney says
BERLIN, Aug 26 (Reuters) - Canadian Prime Minister Mark Carney announced on Tuesday that Canada has shortlisted two contenders for its new submarine programme, with a German-Norwegian partnership among the finalists."I look forward, along with the minister of industry, Melanie Jolie ... and the ...Reuters
2 hours ago
Oil retreats from almost three-week high driven by Russia supply risks
Oil slips after four sessions of gainsPrices expected to remain in tight range, says analystTraders track Ukraine developments and US tariffs on IndiaBy Seher Dareen LONDON, Aug 26 (Reuters) - Oil prices fell on Tuesday after surging nearly 2% in the previous session as traders monitor developmen...Reuters
2 hours ago
Quad important for critical minerals for India and Japan, Indian foreign ministry says
NEW DELHI, Aug 26 (Reuters) - The Quad group of countries is important for India and Japan for issues including critical minerals, India's foreign ministry said on Tuesday, adding that the prime ministers of the two countries would discuss the grouping this week.Indian Prime Minister Narendra Mo...Reuters
2 hours ago
German-Norwegian team finalist in Canada's new submarine deal
BERLIN, Aug 26 (Reuters) - Canadian Prime Minister Mark Carney announced Tuesday that Canada has shortlisted two contenders for its new submarine program, with a German-Norwegian partnership among the finalists."I look forward, along with the Minister of Industry, Melanie Jolie ... and the Minis...Reuters
2 hours ago
Quad important for critical minerals for India and Japan, Indian foreign ministry says
NEW DELHI, Aug 26 (Reuters) - The Quad group of countries is important for India and Japan for issues including critical minerals, India's foreign ministry said on Tuesday, adding that prime ministers of the two countries would discuss the grouping this week.Quad includes India, Japan, Australia...Reuters
3 hours ago
METALS-Copper mixed as US critical mineral push lifts sentiment, high inventories cap gains
By Lucas Liew Aug 26 (Reuters) - Copper prices were mixed across major exchanges on Tuesday, as U.S. efforts to classify the metal as a critical mineral boosted market sentiment, while high inventories capped gains.Three-month copper on the London Metal Exchange CMCU3 rose 0.06% to $9,802 per me...Reuters
3 hours ago
WTI tumbles to near $64.50 amid Russia-Ukraine supply concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.60 during the early Asian trading hours on Tuesday. The WTI edges lower as traders assess the prospects of additional US tariffs on Russia.
Fxstreet
3 hours ago
GRAINS-Soybeans rebound, improved US crop rating limits gains
US soybean rating improves amid expectations for big harvestChicago corn futures rise, wheat prices fall on ample suppliesBy Naveen Thukral SINGAPORE, Aug 26 (Reuters) - Chicago soybeans rose on Tuesday, recouping some of last session's losses, although expectations of a bumper U.S. harvest l...Reuters
4 hours ago
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $64.29 per barrel, down from Monday’s close at $64.62.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $67.87 after its previous daily close at $68.21.Fxstreet
4 hours ago
Empty offices, lost orders: India's diamond hub stands idle as steep US tariffs loom
Small businesses offer steep discounts, shed staff amid slowdownSome big diamond traders consider moving operations to BotswanaExporters slash rough diamond purchases, run on minimal stocks By Bansari Mayur Kamdar and Rajendra Jadhav SURAT, India, Aug 26 (Reuters) - The Surat Diamond Bourse, bill...Reuters
4 hours ago
EXCLUSIVE-US and Russian officials discussed energy deals alongside latest Ukraine peace talks
Discussions included whether Exxon Mobil would re-enter Sakhalin-1 projectTalks also covered Russia's possible purchase of US equipmentPossible deals were also discussed inside the White HouseBy Anna Hirtenstein and Marwa Rashad LONDON, Aug 26 (Reuters) - U.S. and Russian government officials...Reuters
4 hours ago
TABLE-North Sea gas maintenance schedule: Adds Zeebrugge outage
Aug 26 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAG...Reuters
5 hours ago
TECHNICALS-CBOT soybeans may test support at $10.38
For more technical analyses, please click SINGAPORE, Aug 26 (Reuters) - The CBOT soybean November contract SX25 may test support at $10.38 per bushel, a break below which could cause a fall into the $10.16 to $10.27 range.The market's reaction to the resistance at $10.60-3/4 confirms the effect ...Reuters
5 hours ago
