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PRECIOUS-Gold takes a breather as markets weigh Fed's policy stance
Fed delivered its first rate cut since December Spot gold hits record peak of $3,707.40 on Wednesday Price pull back from record is corrective in nature, analyst saysUS weekly jobless claims fallBy Ashitha Shivaprasad Sept 18 (Reuters) - Gold prices fell on Thursday due to profit-taking, after sc...Reuters
6 minutes ago
Gold exports from Switzerland to China soared in August
LONDON, Sept 18 (Reuters) - Gold exports from Switzerland to China jumped 254% in August compared with July to their highest level since May 2024 and supplies to India rose, partly offsetting a slump in deliveries to the United States, Swiss customs data showed on Thursday.Spot gold XAU= prices are ...Reuters
30 minutes ago
Leading U.S. Natural Gas Producer Expands Capstone Microturbine Fleet in Marcellus Shale Beyond 150 Units
Sept 18 (Reuters) - Capstone Distributor Support Services Corp CGEH.PK:LEADING U.S. NATURAL GAS PRODUCER GROWS CAPSTONE MICROTURBINE FLEET IN THE MARCELLUS SHALE BEYOND 150 UNITS WITH NEW FOLLOW-ON ORDERReuters
44 minutes ago
Diana Shipping Announces The Sale Of An Ultramax Dry Bulk Vessel, The m/v DSI Drammen
Sept 18 (Reuters) - Diana Shipping Inc DSX.N:DIANA SHIPPING INC. ANNOUNCES THE SALE OF AN ULTRAMAX DRY BULK VESSEL, THE M/V DSI DRAMMENDIANA SHIPPING INC - ANNOUNCES SALE OF M/V DSI DRAMMEN VESSELDIANA SHIPPING - SIGNED MEMORANDUM OF AGREEMENT TO SELL M/V DSI DRAMMEN FOR ABOUT $26.86 MILLIONReuters
47 minutes ago
CBOT Trends-Wheat up 1-2 cents, corn steady-down 1, soybeans down 2-3
CHICAGO, Sept 18 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Thursday. WHEAT - Up 1 to 2 cents per bushelCBOT wheat futures ticked up with a slight fall in the dollar as inve...Reuters
50 minutes ago
Oil edges higher as traders weigh rate cut with worries over US economy
Brent, WTI oscillated between gains and losses in European tradingFed chair highlighted concerns about job market Market concerned by rising supply, US demand concerns By Anna Hirtenstein LONDON, Sept 18 (Reuters) - Oil prices inched higher on Thursday after the Federal Reserve cut interest rates...Reuters
52 minutes ago
GRAINS-Soybeans stay weak amid biofuel doubts, corn and wheat drift
PARIS/BEIJING, Sept 18 (Reuters) - Chicago soybean futures fell for a second session on Thursday, pressured by weaker soyoil prices following a U.S. biofuel proposal that maintained uncertainty over exemptions to blending requirements.Corn and wheat were little changed, consolidating near multi-week...Reuters
54 minutes ago
US natgas prices ease 1% ahead of federal storage report
Analysts forecast bigger-than-usual storage build last weekWaha Hub prices stay in negative territory due to pipeline work in TexasWarm weather forecast unlikely to boost gas demand significantlyTropical Storm on track to become hurricane, unlikely to hit USBy Scott DiSavino Sept 18 (Reuters) - U...Reuters
59 minutes ago
Brazil's Conab forecasts 3.6% increase in soybean production for 2025/2026
SAO PAULO, Sept 18 (Reuters) - Brazilian crop agency Conab released its first forecast for the 2025/2026 crop season on Thursday estimating a 3.6% increase in soybean output from the previous season.Conab sees Brazil's soybean crop rising to 177.67 million metric tons in 2026 from 171.47 million...Reuters
an hour ago
Russia unveils 'muscular' budget changes to counter sanctions, oil price falls
Finance Ministry unveils measure to ensure reserve replenishmentMeasure to be included in the 2026 draft budgetMinistry says the measure will boost resilience to sanctionsDraft budget to be submitted to parliament on September 29By Gleb Bryanski and Darya Korsunskaya MOSCOW, Sept 18 (Reuters) - T...Reuters
an hour ago
US CPC Sees 71% Chance Of La Nina During October-December
Sept 18 (Reuters) - U.S. NATIONAL WEATHER SERVICE'S CLIMATE PREDICTION CENTER (CPC):SAYS SEA SURFACE TEMPERATURES (SSTS) ARE CURRENTLY NEAR-TO-BELOW AVERAGE ACROSS CENTRAL AND EASTERN EQUATORIAL PACIFIC OCEANSAYS A TRANSITION FROM ENSO-NEUTRAL TO LA NIÑA IS LIKELY IN THE NEXT COUPLE OF MONTHS, W...Reuters
an hour ago
METALS-Copper dips after Fed cuts rates, dollar firms
By Tom Daly Sept 18 (Reuters) - Copper prices edged lower on Thursday as traders booked profits following Wednesday's rate cut by the U.S. Federal Reserve, while the dollar firmed slightly after Fed Chair Jerome Powell ruled out more aggressive easing going forward. Benchmark three-month...Reuters
an hour ago
Russia says it will answer Japan's new sanctions
MOSCOW, Sept 18 (Reuters) - Russia's foreign ministry said on Thursday that Japan's new sanctions against Russia were unfriendly and would not go unanswered.Japan last week expanded its sanctions in response to Russia's invasion of Ukraine, targeting additional individuals and entities a...Reuters
2 hours ago
PRECIOUS-Gold gains on softer dollar after Fed delivers rate cut
Fed chair says rate cut a 'risk-management measure'ANZ expects gold to outperform early in the easing cycleThe bull run is still very much in place, analyst saysBy Ishaan Arora and Anushree Mukherjee Sept 18 (Reuters) - Gold prices rose on Thursday, buoyed by a softer dollar, after the U....Reuters
2 hours ago
GRAINS-Soybeans stay weak amid biofuel doubts, corn and wheat edge up
PARIS/BEIJING, Sept 18 (Reuters) - Chicago soybean futures fell for a second straight session on Thursday, pressured by weaker soyoil prices following a U.S. biofuel proposal that disappointed the market.Corn and wheat edged up, steadying after a day-earlier fall. A slight fall in the dollar as inve...Reuters
3 hours ago
Exxon Mobil has 'no plans' to re-enter Russia, Financial Times reports
Sept 18 (Reuters) - U.S. oil major Exxon Mobil XOM.N has no plans to resume operations in Russia, Chief Executive Darren Woods told the Financial Times in an interview on Thursday.The company pulled out of Russia in 2022 after Western sanctions were imposed over Moscow's invasion of Ukraine, wri...Reuters
3 hours ago
Trump trade war fallout hits Argentine soy crushers despite export boom
By Maximilian HeathBUENOS AIRES, Sept 18 (Reuters) - U.S. President Donald Trump's trade war with China has reverberated in Argentina, denting the country's massive soy crushing industry even though overall soybean sales hit a six-year high.Soaring exports of raw beans to China from the Sout...Reuters
3 hours ago
RPT-COLUMN-Oil market blind spots give traders a nasty headache: Bousso
Chinese oil storage increasingly vital for market, but data is obscureIEA, OPEC offer widely divergent estimates for oil demand growthGrowing sanctions-busting fleet of tankers complicates oil trackingBy Ron Bousso LONDON, Sept 18 (Reuters) - Growing blind spots in the oil market driven by geopol...Reuters
3 hours ago
SOFTS-Arabica coffee regains some ground after sell-off
LONDON, Sept 18 (Reuters) - Arabica coffee futures on ICE edged up on Thursday with the market regaining some ground after the prior session's sell-off while sugar prices eased. COFFEE* Arabica coffee KCc2 rose 1.1% to $3.7960 per lb by 1043 GMT after falling by 8.2% on Wednesday.* Dealers said ...Reuters
3 hours ago
