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Australia's watered down emissions target draws ire of environmentalists
Australia's emissions target criticised for lacking ambitionGreen groups say target prioritises industry over vulnerable communitiesAustralia commits billions to clean energy, faces tension over gas projectBy Alasdair Pal and Christine Chen SYDNEY, Sept 18 (Reuters) - Australia on Thursday se...Reuters
9 minutes ago
Trump tariffs could fund bailout for US farmers, agriculture secretary tells FT
Sept 18 (Reuters) - The Trump administration is drawing up plans to use tariff revenue to fund a program to support U.S. farmers, the Financial Times reported on Thursday, citing agriculture secretary Brooke Rollins."There may be circumstances under which we will be very seriously looking to and...Reuters
22 minutes ago
Oil edges lower amid worries over US economy, market oversupply
Brent, WTI both down for a second day of declineFed rate cut of a quarter point already priced in, analyst saysMarket clouded by rising supply, US demand concerns By Katya Golubkova and Siyi Liu TOKYO/SINGAPORE, Sept 18 (Reuters) - Oil prices declined for a second session on Thursday, after the F...Reuters
40 minutes ago
Trump tariffs could fund bailout for US farmers, says agriculture secretary, FT reports
Sept 18 (Reuters) - The Trump administration is drawing up plans to use tariff revenue to fund a program to support U.S. farmers as they head into harvest facing falling export sales and rising input costs, the Financial Times reported on Thursday, citing agriculture secretary Brooke Rollins."Th...Reuters
51 minutes ago
TECHNICALS-CBOT soybeans may test support at $10.37-1/4
For more technical analyses, please click SINGAPORE, Sept 18 (Reuters) - The CBOT soybean November contract SX25 may test support at $10.37-1/4 per bushel, a break below could open the way toward $10.31. A rising wedge has been confirmed as a top pattern, suggesting the completion of a bounce from $...Reuters
an hour ago
PRESS DIGEST-British Business - September 18
Sept 18 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - U.S. President Donald Trump's state visit to Britain has generated 150 billion pounds ($204.1...Reuters
2 hours ago
Northrop spacecraft's ISS cargo delivery set for Thursday after software hiccup
WASHINGTON, Sept 17 (Reuters) - NASA on Wednesday night resumed plans to moor an uncrewed cargo craft to the International Space Station after resolving an early engine-shutdown issue it said was caused by a "conservative safeguard" in the vehicle's software settings.The arrival of the N...Reuters
2 hours ago
METALS-Shanghai copper hits over one-week low after Fed's rate cut
BEIJING, Sept 18 (Reuters) - Shanghai copper futures hit a more than one-week low on Thursday, falling for a third straight session, following a 25-basis-point interest rate cut by the U.S. Federal Reserve and higher supply from top consumer China.The U.S. central bank cut the benchmark interest rat...Reuters
3 hours ago
PRECIOUS-Gold eases as dollar firms after Fed meeting, Powell comments
Powell describes rate cut as risk-management measureSPDR Gold Trust holdings fall 0.44% on WednesdayBy Brijesh Patel Sept 18 (Reuters) - Gold prices extended losses on Thursday as the dollar firmed after the U.S. Federal Reserve cut interest rates by a quarter of a percentage point, as expected, ...Reuters
3 hours ago
GRAINS-Chicago soybeans fall on weak soyoil after US biofuels proposal; corn eases
BEIJING, Sept 18 (Reuters) - Chicago soybean futures fell for a second straight session on Thursday, pressured by weaker soyoil after a U.S. biofuels proposal disappointed the market.Corn slipped on seasonal harvest pressure, while wheat traded flat. FUNDAMENTALS* As of 0136 GMT, the most active soy...Reuters
3 hours ago
PRECIOUS-Gold slips as dollar gains after Fed rate cut, Powell comments
Sept 18 (Reuters) - Gold prices extended losses on Thursday due to an uptick in the dollar after the U.S. Federal Reserve cut interest rates by a quarter of a percentage point, as expected, and adopted a measured rhetoric on further policy easing.FUNDAMENTALS* Spot gold XAU= was down 0.2% at $3,653....Reuters
3 hours ago
Oil prices little changed after Fed rate cut
By Katya Golubkova TOKYO, Sept 18 (Reuters) - Oil prices were little changed on Thursday after the U.S. central bank lowered its key interest rate as widely expected, while an indication of more rate cuts before year-end raised the prospect of a demand boost spurred by falling borrowing costs.Bre...Reuters
4 hours ago
Gold falls after scaling record peak as markets digest Fed Chair Powell's comments
Spot gold scaled record high of $3,707.40/oz Fed delivers normal-sized rate cutDeutsche Bank raises average gold price forecasts for next year to $4,000/ozSilver, platinum, palladium each down over 2% By Ashitha Shivaprasad and Anjana Anil Sept 17 (Reuters) - Gold prices fell nearly 1% on Wednesd
Reuters
4 hours ago
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Sept 18 (Reuters) - Contract Target Support/Resistance Brent oil (1st mth)$68.37/$68.77sup $67.73/$67.29/$66.77Palm oil (3rd mth)4,429/4,401 ringgitres 4,492/4,514 ringgitWTI* (1st mth)$64.35/$64.74/$64.99sup $63.71/$63.32Spot gold$3,650/$3,6...Reuters
5 hours ago
Top global meatpacker JBS prepares for drop in cattle for slaughter in 2026
By Roberto SamoraSAO PAULO, Sept 17 (Reuters) - Brazilian meatpacker JBS Z98.F is prepared for a likely shift in the country's cattle cycle that could lead to reduced availability of animals for slaughter next year, an executive said on Wednesday. WHY IT'S IMPORTANTJBS is the world's...Reuters
5 hours ago
Brazil's beef exports to US to fall further in September after tariffs, industry group says
By Roberto Samora SAO PAULO, Sept 17 (Reuters) - Brazil's beef exports to the United States are seen falling further in September from the previous months, the head of local beef lobby Abiec said on Wednesday, in a move linked to higher tariffs imposed by President Donald Trump on goods from ...Reuters
5 hours ago
LIVESTOCK-Cattle futures fall on weaker beef prices, technical selling
By Julie Ingwersen CHICAGO, Sept 17 (Reuters) - Chicago Mercantile Exchange live cattle futures fell on Wednesday on softening beef prices and declining profit margins for beef packers, analysts said.Some brokers also attributed the weakness to fund-driven technical selling. Commodity funds hold ...Reuters
6 hours ago
Brazil judge's ruling keeps soy moratorium in place
By Ana Mano SAO PAULO, Sept 17 (Reuters) - A Brazilian judge on Wednesday left in place a moratorium on trading in soy grown in recently deforested parts of the Amazon, according to a decision seen by Reuters, rejecting a request by a farmer group to reverse an injunction related to the ban.The s...Reuters
6 hours ago
Peru president signs contract allowing Chevron, Westlawn entry
LIMA, Sept 17 (Reuters) - Peru's President Dina Boluarte said on Wednesday she had signed the modification of a hydrocarbon exploration and exploitation contract that would allow U.S. firms Chevron CVX.N and Westlawn to formally enter the country. The contract formalizes the companies' entry...Reuters
6 hours ago
