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PRECIOUS-Gold hovers near record high as markets eye Fed policy signals
Fed speakers in focus for further policy insightFed's Miran defends call for steep rate cutsSilver hovers near 14-year highBy Anmol Choubey Sept 22 (Reuters) - Gold hovered near a record high on Monday as investors braced for a slew of speeches from U.S. Federal Reserve officials and inflatio...Reuters
an hour ago
Hong Kong airport to shut for 36 hours due to Typhoon Ragasa
Sept 22 (Reuters) - Hong Kong International Airport will suspend all passenger flights for 36 hours from Tuesday evening, Qantas Airways said, as the Asian financial hub prepares for one of its strongest super typhoons in years.Hong Kong's Airport will be closed from 8 p.m. (1200 GMT) on Septemb...Reuters
2 hours ago
Oil gains as tension flares in Europe, Middle East
Estonia accuses Russia of violating its air spaceFour Western nations recognise Palestinian stateIraq increases oil exports after OPEC+ relaxes quotaBy Florence Tan and Mohi Narayan SINGAPORE/NEW DELHI, Sept 22 (Reuters) - Oil prices gained in Asian trade on Monday supported by geopolitical tensi...Reuters
2 hours ago
GRAINS-Soybeans at six-week low on lack of Chinese buying; wheat eases
Lack of Chinese buying of US beans add pressure on pricesWheat market faces headwinds from rising world suppliesBy Naveen Thukral SINGAPORE, Sept 22 (Reuters) - Chicago soybeans lost more ground on Monday, hitting a six-week low as a phone call last week between U.S. President Donald Trump and Ch...Reuters
3 hours ago
Mexico confirms case of New World screwworm in Nuevo Leon, USDA says
Sept 21 (Reuters) - Mexico's National Service of Agro-Alimentary Health, Safety, and Quality (SENASICA) on Sunday confirmed a new case of New World screwworm (NWS) in Sabinas Hidalgo, Nuevo Leon, less than 70 miles (113 km) from the U.S.-Mexico border, the U.S. Department of Agriculture (USDA) s...Reuters
3 hours ago
Valero Reports Emissions At Corpus Christi, Texas Refinery West Plant
Sept 21 (Reuters) - Valero VLO.N:REPORTS EMISSIONS FROM COOLING TOWER - HOC 123 AT CORPUS CHRISTI, TX, REFINERY WEST PLANT REPORTS UPSTREAM EQUIPMENT IS BEING SURVEYED IN ORDER TO IDENTIFY THE SOURCE OF THE COOLING WATER CONTAMINATION AND ONCE IDENTIFIED, THE SOURCE WILL BE ISOLATED FOR REPAIRSOURCE...Reuters
4 hours ago
China keeps lending rates unchanged in Sept as trade tensions ease
SHANGHAI, Sept 22 (Reuters) - China kept its benchmark lending rates unchanged for the fourth consecutive month in September, in line with market expectations, following the central bank's decision to hold a main policy rate steady last week.WHY IT'S IMPORTANTThe steady loan prime rate (LPR)...Reuters
4 hours ago
Hong Kong airport may close for 36 hours as storm nears, Bloomberg News reports
Sept 22 (Reuters) - Hong Kong International Airport is weighing grounding all passenger flights for 36 hours as the country braces for one of its strongest super typhoons in years, Bloomberg News reported on Monday, citing people familiar with the matter.Reuters could not immediately confirm the rep...Reuters
4 hours ago
Oil inches up as tension flares in Europe, Middle East
Estonia accuses Russia of violating its air spaceFour Western nations recognise Palestinian stateIraq increases oil exports after OPEC+ relaxes quotaBy Florence Tan SINGAPORE, Sept 22 (Reuters) - Oil prices inched up on Monday supported by geopolitical tension in Europe and the Middle East, altho...Reuters
4 hours ago
Exxonmobil Reports Emissions At Baytown, Texas Refinery
Sept 21 (Reuters) - Exxon Mobil XOM.N:REPORTS UNPLANNED SHUTDOWN OF THE HYDROFINING UNIT 10 (HU-10) DUE TO A FAILED OUTLET VALVE ON THE PRODUCT STRIPPER TOWER (T-901) BOTTOMS RESULTED IN SAFE UTILIZATION OF THE FLARE SYSTEMREPORTS OPERATIONAL ADJUSTMENTS WERE MADE TO STABILIZE OPERATIONS AND MINIMIZ...Reuters
5 hours ago
PRECIOUS-Gold holds firm near record high as markets eye Fed policy signals
Sept 22 (Reuters) - Gold held firm near a record high on Monday as investors awaited U.S. inflation data and a slew of Federal Reserve speakers this week for additional policy cues after the central bank lowered interest rates last week and signaled potential further easing. FUNDAMENTALS* Spot gold ...Reuters
5 hours ago
China leaves benchmark lending rates unchanged for fourth month in Sept
SHANGHAI, Sept 22 (Reuters) - China kept benchmark lending rates unchanged for the fourth consecutive month in September, in line with market expectations.The one-year loan prime rate (LPR) CNYLPR1Y=CFXS was kept at 3.0% on Monday, while the five-year LPR CNYLPR5Y=CFXS was unchanged at 3.5%.Most new...Reuters
5 hours ago
GRAINS-Soybeans drop to six-week low on dismal demand; wheat, corn ease
SINGAPORE, Sept 22 (Reuters) - Chicago soybeans lost more ground on Monday, hitting a six-week low as a phone call last week between U.S. President Donald Trump and Chinese President Xi Jinping did not provide any news on agriculture. Wheat slid to a one-week low, while corn eased in early Asian tra...Reuters
5 hours ago
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Sept 22 (Reuters) - Contract Target Support/Resistance Brent oil (1st mth)$67.33sup $66.48/$65.96/$65.60Palm oil (3rd mth)4,401/4,366 ringgitres 4,457/4,492/4,514 ringgitWTI* (1st mth)$63.49sup $62.72/$62.24Spot gold$3,705/$3,719sup $3,667/$3...Reuters
6 hours ago
Oil prices slip as robust supply outweighs Fed cut
Large oil supplies, declining demand push prices lowerRefinery turnaround season will also cut demand for crude Benchmarks gain for a second straight weekBy Erwin Seba HOUSTON, Sept 19 (Reuters) - Oil prices dropped on Friday as worries about large supplies and declining demand outweighed expecta...Reuters
6 hours ago
Gold Price Forecast: XAU/USD posts modest gain above $3,650 on potential Fed monetary policy easing
The Gold price (XAU/USD) posts a modest gain near $3,685 during the early Asian session on Monday. The yellow metal edges higher as the US Federal Reserve (Fed) cut the interest rates at its September meeting, as widely expected. Traders will take more cues from the Fedspeak later on Monday.Fxstreet
6 hours ago
