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PRECIOUS-Gold at record-highs as dollar dips ahead of key Fed meet
Dollar at over two-month low ahead of Fed meetInvestors betting Fed will cut rates in 2026 as well - analystHealthy correction on cards before gold breaches $4,000 in 2026 - traders at India Gold ConferenceBy Ishaan Arora Sept 16 (Reuters) - Gold rose to a record-high on Tuesday, helped by a soft...Reuters
5 minutes ago
Gold Price Forecast: XAU/USD approaches $3,700 on Dollar’s weakness
Gold appreciated for the third consecutive day on Tuesday as the US dollar tanked amid hopes of a dovish turn by the Fed on Wednesday. The US Dollar Index has dropped to fresh two-month lows, which buoys the precious metal to fresh record highs right below $3,700.
Fxstreet
29 minutes ago
Discounts for Iranian oil widen in China on record stocks, even as sanctions curb shipments
Iranian oil discounts widen on high stock levels, quota limitsUS sanctions target Qingdao Port for handling Iranian oilShipments diverted to other ports after US sanctions -sourcesCrude imports at Dongjiakou fall, Huangdao's volume rises-KplerBy Chen Aizhu, Siyi Liu and Trixie Yap SINGAPORE, ...Reuters
33 minutes ago
Denmark pledges $253 million for Greenland's infrastructure, healthcare
Foreign interest in Greenland intensifies, notably from USTerritory faces economic challenges as fisheries declineGreenland's PM sees Denmark as key partner for independenceBy Jacob Gronholt-Pedersen COPENHAGEN, Sept 16 (Reuters) - Denmark on Tuesday announced plans to increase spending in Gr...Reuters
41 minutes ago
Ukrainian drone attack on Russian export terminal causes Oil prices to rise – Commerzbank
Oil prices rose significantly on Friday, recovering from the losses suffered the previous day. The price of Brent crude jumped from its previous low of around $2 to $68 per barre, Commerzbank's commodity analyst Carsten Fritsch notes.
Fxstreet
an hour ago
METALS-Profit-taking, lack of China interest weigh on copper
By Pratima Desai LONDON, Sept 16 (Reuters) - Copper slipped on Tuesday as lack of buying interest in leading consumer China prompted profit-taking after prices rallied to 15-month highs the previous day while a lower dollar helped limit losses, traders said.Benchmark copper CMCU3 on the London Me...Reuters
an hour ago
Some law firms that cut deals with Trump take cases opposing his administration
Law firms represent clients against Trump despite dealsCases involve transgender rights and "sanctuary cities"Other cases involve immigration and an offshore wind farmFirms pledged to do pro bono work for Trump causesBy David Thomas and Mike Scarcella Sept 16 (Reuters) - When nine U.S. la...Reuters
an hour ago
INSIGHT-How a Texas refinery turns Amazon-destroying cattle into 'green' jet fuel
Cattle suppliers to Diamond Green Diesel linked to Amazon deforestationAirlines such as JetBlue and Southwest have bought fuel from DiamondSupporters say fuel made from beef tallow is unlikely to encourage illegal ranchingBy Fabio Teixeira, Manuela Andreoni and Allison Lampert XINGUARA, Sept. 16 ...Reuters
an hour ago
US NatGas rallies above $3 on late-season heat – ING
US natural Gas prices climbed with Henry Hub settling above $3/MMBtu, as forecasts for late-season heat boosted cooling demand. The hotter outlook is expected to slow stockpile builds that typically accelerate this time of year, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
2 hours ago
Oil steadies as market weighs Russia supply risk and US rate decision
Russia oil supplies in focus after drone attacksMarkets eye Fed meeting for clues on macroeconomy Analysts expect US crude inventory declines last weekBy Ahmad Ghaddar LONDON , Sept 16 (Reuters) - Oil prices held steady on Tuesday as markets weighed potential supply disruption from Russia after U...Reuters
3 hours ago
METALS-Copper retreats from multi-month high on profit-taking
By Amy Lv and Lewis Jackson BEIJING, Sept 16 (Reuters) - Copper prices retreated on Tuesday from their multi-month highs, as profit-taking by some traders outweighed support from cemented bets of a U.S. rate cut and progress in trade talks between the United States and top consumer China. The ...Reuters
3 hours ago
EXCLUSIVE-Vietnamese feed makers buying Canadian canola meal after China duties, sources say
By Naveen Thukral JAKARTA, Sept 16 (Reuters) - Feed millers in Vietnam are taking advantage of bargain prices with rare purchases of Canadian canola meal after China, its traditional buyer, curbed imports by imposing hefty anti-dumping duties earlier this year, three traders said on Tuesday.Vietn...Reuters
4 hours ago
Nigeria suspends FOB levy on imports after industry backlash
LAGOS, Sept 16 (Reuters) - Nigeria's finance ministry has ordered the immediate suspension of a levy on all imported goods, which companies had said would raise the cost of doing business and crimp economic recovery efforts. Finance Minister Wale Edun said in a directive issued late on Monday...Reuters
4 hours ago
Anglo American, Codelco finalise $5 billion Chilean copper mines deal
Sept 16 (Reuters) - Anglo American AAL.L and Chilean state-run copper giant Codelco COBRE.UL said on Tuesday finalised an agreement to jointly operate their neighbouring Chilean copper mines, aiming to unlock at least $5 billion in value from their key assets.The mining plan relates to Codelco's...Reuters
5 hours ago
TECHNICALS-CBOT soybeans may fall into $10.31 to $10.37-1/4 range
For more technical analyses, please click SINGAPORE, Sept 16 (Reuters) - The CBOT soybean November contract SX25 may fall into a range of $10.31 to $10.37-1/4 per bushel, following its failure to break resistance at $10.53.The failure suggests a completion of the bounce from $10.21-1/4, which could ...Reuters
5 hours ago
TABLE-North Sea gas maintenance schedule: Adds Aldbrough outage
Sept 16 (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.OPERATORLOCATIONOUTA...Reuters
5 hours ago
RPT-Vitol, Sunoco take first gasoline cargo from Nigeria's Dangote to the US, sources say
Dangote achieves milestone with U.S. market-compliant gasolineGlencore sells second Dangote cargo to Shell, arriving September 19Third Dangote cargo to the U.S. bought by VitolBy Shariq Khan NEW YORK, Sept 15 (Reuters) - Top global oil trader Vitol and North American fuel distributor Sunoco SUN.N...Reuters
5 hours ago
EXCLUSIVE-Vietnamese feed makers buying Canadian canola meal after China duties, sources say
By Naveen Thukral JAKARTA, Sept 16 (Reuters) - Feed millers in Vietnam are taking advantage of bargain prices for Canadian canola meal after China, the product's traditional buyer, curbed purchases by imposing hefty anti-dumping duties earlier this year, three traders said on Tuesday.Vietname...Reuters
6 hours ago
