News
Important Only
Deutsche Bank Forecasts Brent at $61/bbl By End Of 2025
Oct 13 (Reuters) - DEUTSCHE BANK:FORECASTS BRENT AT $61 PER BARREL BY YEAR-END, BEFORE DECLINING TO $55/BBL IN 2026 AS INVENTORIES GROWSAYS "OIL FUNDAMENTAL BALANCES SHOULD WEAKEN TOWARDS YEAR-END, ACCORDING TO DB ESTIMATES. THIS IS PARTLY DUE TO GEOPOLITICS, GIVEN THE LOW LIKELIHOOD OF CHINA AN...Reuters
7 minutes ago
PRECIOUS-Gold rises to record as US-China trade woes escalate; silver scales all-time peak
Gold hits record high of $4,078.05/ozTrump imposes additional tariffs of 100% on imports from ChinaPowell set to address the NABE annual meeting on TuesdaySilver hits record high of $51.70By Ishaan Arora Oct 13 (Reuters) - Gold prices soared to a record high on Monday, lifted by safe-haven demand...Reuters
11 minutes ago
TIMELINE-Trump's trade war with China in 2025
By Liz Lee and Shi Bu BEIJING, Oct 13 (Reuters) - U.S. President Donald Trump has targeted top economic rival China with a cascade of tariff orders on billions of dollars of imported goods aimed at narrowing a wide trade deficit, bringing back lost manufacturing and crippling the fentanyl trade.T...Reuters
37 minutes ago
Oil recoups some losses as investors focus on US-China trade talks
Trump said he will impose 100% tariff on China's US-bound exports on November 1China September crude imports rise 3.9% on year, but drops from AugustFirst seven Israeli hostages released from Gaza, official saysBy Florence Tan SINGAPORE, Oct 13 (Reuters) - Oil prices rose on Monday after hitt...Reuters
48 minutes ago
GRAINS-Soybeans steady after Trump's China broadside drives down prices
CANBERRA, Oct 13 (Reuters) - Chicago soybean futures steadied on Monday after an escalation in U.S.-China trade tensions pushed prices down 1.5% in the previous session by reducing hopes that Beijing would end its boycott of U.S. beans. Corn and wheat futures followed soybeans, rising slightly after...Reuters
an hour ago
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $59.40 per barrel, up from Friday’s close at $57.91.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $61.96.
Fxstreet
an hour ago
China copper concentrate imports drop in September on Freeport Indonesia halt
SHANGHAI, Oct 13 (Reuters) - China’s imports of copper concentrate dropped 6.2% in September, reversing two months of growth, as exports from Freeport Indonesia's massive Grasberg mine fell following a mud slide and the expiry of its export license.Copper concentrate imports, which go into smelt...Reuters
an hour ago
RPT-COLUMN-Turbulent markets fuel LME's recovery from nickel crisis: Andy Home
By Andy Home LONDON, Oct 10 (Reuters) - Crisis? What crisis? It's hard to believe that just over three years ago the London Metal Exchange (LME) was teetering on the brink of a death spiral after its nickel contract blew up. Yet as the global metals industry descends on London for the annual ...Reuters
an hour ago
COLUMN-Russian hybrid warfare could leave Europe’s energy consumers in the cold: Bousso
Russia intensifies 'hybrid warfare' tactics in EuropeAttacks pose severe threat to European energy infrastructureDiversification and coordination will be key to avoid shocksBy Ron Bousso LONDON, Oct 13 (Reuters) - The recent surge in suspected Russian "hybrid warfare" incidents ac...Reuters
an hour ago
PRECIOUS-Gold rises to record as US-China trade woes escalate; silver scales all-time peak
Oct 13 (Reuters) - Gold soared to a record high on Monday, lifted by safe-haven demand amid renewed U.S.-China trade tensions and expectations of U.S. Federal Reserve interest rate cuts, while silver also surged to an all-time high.Reuters
2 hours ago
BREAKINGVIEWS-How to cut Russia’s oil revenue by $80 bln a year
By Hugo Dixon BERLIN, Oct 13 (Reuters Breakingviews) - The Group of Seven says it wants to “maximise pressure on Russia’s oil exports”. If the rich industrialised nations are serious, they could slash Moscow’s income from overseas crude by up to $80 billion a year. That would deliver a big blow t...Reuters
2 hours ago
China's rare earth exports fall sharply in September
By Lewis Jackson BEIJING, Oct 13 (Reuters) - China's rare earth exports fell 31% in September from August, customs data showed on Monday, the third straight month of declines. New controls that were introduced by China last week have threatened a trade truce with Washington and the...Reuters
3 hours ago
China's September soybean imports reach near-record as US trade war drags on
By Ella Cao and Lewis Jackson BEIJING, Oct 13 (Reuters) - China's soybean imports in September reached the second-highest level on record, a Reuters calculation of customs data released on Monday showed, driven by strong purchases from South America as trade tensions with Washington curbed pu...Reuters
3 hours ago
BREAKINGVIEWS-US-China tensions want for a circuit breaker
By Robyn Mak HONG KONG, Oct 13 (Reuters Breakingviews) - The truce between the United States and China always looked too good to last. What's surprising is how quickly it has fallen apart. The world's two largest economies are not holding back in showcasing their leverage over one another...Reuters
3 hours ago
PRECIOUS-Gold hits record high as US-China trade woes escalate; silver scales all-time peak
Gold hits record high of $4,059.30/ozTrump imposes additional tariffs of 100% on imports from ChinaPowell set to address the NABE annual meeting on TuesdaySilver hits record high of $51.52By Ishaan Arora Oct 13 (Reuters) - Gold soared to a record high on Monday, lifted by safe-haven demand amid r...Reuters
3 hours ago
TECHNICALS-CBOT soybeans to retest support at $10.01-1/2
For more technical analyses, please click SINGAPORE, Oct 13 (Reuters) - The CBOT soybean November contract SX25 is expected to retest support at $10.01-1/2 per bushel, a break below could trigger a fall into the $9.90-1/2 to $9.95-1/4 range.The bounce from around $9.95-1/4 might have been driven by ...Reuters
4 hours ago
South Korea says China monopoly on rare earths increases supply chain instability
SEOUL, Oct 13 (Reuters) - South Korea's industry ministry said on Monday that China's near-monopoly on rare earths increases instability in global supply chains, adding that it will talk with Chinese authorities to support stable supplies of the key materials.Reuters
5 hours ago
