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Indonesia, EU sign "substantive conclusion" of trade deal
JAKARTA, Sept 23 (Reuters) - Indonesia and the European Union on Tuesday signed a "substantive conclusion" of a comprehensive economic partnership deal at a meeting in Bali. The deal will remove tariffs for 80% Indonesian products entering the European market, Indonesian officials have said.Reuters
25 minutes ago
US House lawmakers raised Boeing deal on rare China visit, delegate says
BEIJING, Sept 23 (Reuters) - Adam Smith, a U.S. Democratic Representative leading a group of U.S. lawmakers on a rare visit to Beijing, said at a press conference on Tuesday that the delegation wanted to see a deal in which China committed to buy more Boeing BA.N aircraft.He also said the delegation...Reuters
36 minutes ago
Hong Kong braces for Super Typhoon Ragasa; schools, businesses shut
Hong Kong braces for Typhoon Ragasa, schools and businesses shutRagasa disrupts 700 flights, Hong Kong Observatory warns of sea surgeMacau and Shenzhen prepare for impact, evacuations and shelters activated HONG KONG, Sept 23 (Reuters) - Hong Kong braced for Super Typhoon Ragasa on Tuesday, the w...Reuters
36 minutes ago
PRECIOUS-Gold hits record high as traders bet on US rate cuts, eye Powell's signal
Fed Chair Jerome Powell to speak at 1435 GMTMiran says Fed endangering its job goal with restrictive ratesSpot gold hit record high of $3,759.02/ozBy Anmol Choubey Sept 23 (Reuters) - Gold prices steadied on Tuesday after reaching a record high, underpinned by expectations of more U.S. rate cuts ...Reuters
53 minutes ago
Silver Price Forecast: XAG/USD slips below $44.00 after retreating from new 14-year highs
Silver price (XAG/USD) retreats after reaching new 14-year highs, trading around $43.80 per troy ounce during the Asian hours on Tuesday. The non-interest-bearing Silver declines amid a technical correction, along with several cautious statements from US Federal Reserve (Fed) officials on Monday.
Fxstreet
55 minutes ago
GRAINS-Soybeans drop for fifth session on China demand worries, Argentina competition
Soybean trade at 6-week low on weak demand for U.S. cargoesLack of Chinese demand, Argentine export prospects add pressureBy Naveen Thukral SINGAPORE, Sept 23 (Reuters) - Chicago soybeans lost more ground on Tuesday to trade at their lowest level in six weeks, as the absence of Chinese buyers and...Reuters
58 minutes ago
Marathon Galveston Bay Refinery in Texas to complete hydrotreater repairs in October, sources say
HOUSTON, Sept 22 (Reuters) - Marathon Petroleum MPC.N plans to complete repairs by mid-October on a fire-damaged hydrotreater at its 631,000 barrel-per-day (bpd) Galveston Bay Refinery in Texas, people familiar with plant operations said. Marathon spokesperson Jamal Kheiry declined to comment on ope...Reuters
an hour ago
Marathon Galveston Bay Refinery in Texas to complete hydrotreater repairs in October, sources say
HOUSTON, Sept 22 (Reuters) - Marathon Petroleum MPC.N plans to complete repairs by mid-October on a fire-damaged hydrotreater at its 631,000 barrel-per-day (bpd) Galveston Bay Refinery in Texas, people familiar with plant operations said. Marathon spokesperson Jamal Kheiry declined to comment on ope...Reuters
2 hours ago
Congo will not 'auction' mineral resources to the US, president says
By Doyinsola OladipoNEW YORK, Sept 22 (Reuters) - Democratic Republic of Congo President Felix Tshisekedi said on Monday that a U.S.-mediated peace deal signed with Rwanda in June has not calmed fighting in eastern Congo, though he thanked President Donald Trump for attempting to end the conflict. O...Reuters
2 hours ago
PRECIOUS-Gold hits record high as traders bet on US rate cuts, eye Powell's signal
Sept 23 (Reuters) - Gold prices climbed to a record high on Tuesday, supported by growing expectations of further U.S. rate cuts and a slightly weaker dollar, with investors awaiting Federal Reserve Chair Jerome Powell's speech for additional policy insights.FUNDAMENTALS* Spot gold XAU= was up 0...Reuters
2 hours ago
Oil little changed as traders assess supply risks
By Anjana Anil Sept 23 (Reuters) - Oil prices were little changed on Tuesday as traders contemplated the impacts of ongoing geopolitical tensions in the Middle East and Russia, while worries over trade tariffs that could dampen fuel demand persisted.Brent crude futures LCoc1 were almost steady at...Reuters
3 hours ago
Exxon Mobil begins production at new base stock facilities in Singapore
Sept 23 (Reuters) - Exxon Mobil Corp XOM.N has started production at new facilities at its Singapore oil refinery complex to produce base stocks from residue fuel, it said on Tuesday.The technology combines processes to convert fuel oil and other bottom-of-the-barrel crude products into higher-value...Reuters
3 hours ago
USDA places team behind food insecurity survey on leave, WSJ reports
Sept 22 (Reuters) - The U.S. Department of Agriculture (USDA) has placed on leave a team of federal economists and researchers responsible for the government's main survey on food insecurity, the Wall Street Journal reported on Monday, citing the union that represents the workers.Reuters could n...Reuters
3 hours ago
GRAINS-Soybeans drop for 5th session on China demand worries, Argentina competition
SINGAPORE, Sept 23 (Reuters) - Chicago soybeans lost more ground on Tuesday to trade at their lowest level in six weeks, weighed down by a lack of Chinese buying and expectation of increased competition from rival exporter Argentina.Wheat dropped to its weakest level since mid-August, while corn sli...Reuters
3 hours ago
Gold Price Forecast: XAU/USD edges higher to near $3,750 on further Fed rate cut bets
The Gold price (XAU/USD) gains momentum to near an all-time high of around $3,750 during the early Asian session on Tuesday. Growing expectations of further US Federal Reserve (Fed) rate cuts and persistent safe-haven demand amid political uncertainty underpin the precious metal.
Fxstreet
4 hours ago
Thailand set for record plunge in annual power output, LNG imports
By Sudarshan Varadhan SINGAPORE, Sept 23 (Reuters) - Thailand is set for a record decline in electricity output this year as mild weather and a slowing economy are reducing demand, government data shows, putting Southeast Asia's top LNG importer on track for its steepest decline in purchases ...Reuters
4 hours ago
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Sept 23 (Reuters) - Contract Target Support/Resistance Brent oil (1st mth)$65.96/$65.60res $66.91/$67.33Palm oil (3rd mth)4,342/4,309 ringgitres 4,401/4,429 ringgitWTI* (1st mth)$61.91/$61.46res $62.72/$63.10Spot gold$3,772sup $3,739/$3,719/$...Reuters
4 hours ago
Brazil's MBRF appoints Gularte as global CEO of merged company
SAO PAULO, Sept 22 (Reuters) - MBRF, the newly formed food giant from the merger of pork and poultry processor BRF and beef producer Marfrig, has appointed Miguel Gularte as its global chief executive officer, the company disclosed on Monday. The combined entity is one of the biggest food producers ...Reuters
5 hours ago
