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Silver price climbs on geopolitical jitters, faces drag from higher yields
Silver (XAG/USD) trades around $68.50 on Friday at the time of writing, up 0.59% on the day, supported by renewed investor interest. Despite this uptick, the white metal remains within a broadly sideways trend, as market participants stay cautious amid an uncertain macroeconomic environment.
Fxstreet
17 minutes ago
US Senate votes to restore airport security funding, but immigration dispute remains unresolved
Senate passes compromise that restores funding for airport securityDemocrats fail to win curbs on immigration enforcementBill still must pass the House, vote expected laterBy Nolan D. McCaskill, Richard Cowan and Ted Hesson March 27 (Reuters) - The U.S. Senate voted on Friday to end a partial gov...Reuters
20 minutes ago
US appeals court voids $16.1 billion judgment against Argentina over YPF seizure
NEW YORK, March 27 (Reuters) - A U.S. appeals court on Friday struck down a $16.1 billion judgment against Argentina for seizing control of state-owned oil company YPF YPFDm.BA in 2012, a victory for Argentine President Javier Milei as he tries to stabilize the country's long-strained economy.Th...Reuters
23 minutes ago
Chinese ships halt attempt to exit Hormuz despite Iran safe passage assurances
Two container ships turned back into GulfOperator COSCO recently resumed taking Gulf bookingsIran has given assurances for some countriesIran's own exports, imports largely unfetteredBy Jonathan Saul LONDON, March 27 (Reuters) - Two Chinese container ships turned backed after trying to exit t...Reuters
57 minutes ago
METALS-Copper and aluminium fall as Trump extends deadline for attacks on Iranian energy
By Polina Devitt LONDON, March 27 (Reuters) - Copper and aluminium prices fell on Friday as U.S. President Donald Trump extended a deadline for striking Iran's energy plants, even though markets appeared sceptical about the chances of a deal being agreed by the two sides.Benchmark three-month...Reuters
57 minutes ago
Exporters sell US soybean to unknown destinations- USDA
March 27 (Reuters) - The U.S. Department of Agriculture confirmed the following sales of grains and oilseeds for export. Date reportedValue (tonnes)CommodityDestinationYearVolume previously reported unknownMarch 27105,000SoybeansUnknown destinations2025/2026March 23161,120 SoybeansMexico2025/2026Mar...Reuters
an hour ago
Oil up more than 2.5% but set for first weekly decline since start of Iran war
US extends Strait of Hormuz deadline Investors remain wary of prolonged conflictPrices could hit $200 if war drags on, Macquarie analysts sayBy Robert Harvey LONDON, March 27 (Reuters) - Oil prices rose on Friday but were set for their first weekly decline since February 9 as U.S. President Donal...Reuters
an hour ago
Namibia intervenes to protect consumers as fuel prices rise
WINDHOEK, March 27 (Reuters) - Namibia's government will temporarily reduce fuel levies by 50% for at least three months until the end of June in a bid to protect consumers from higher pump prices as the U.S.-Israeli war with Iran continues, the energy minister said on Friday.The decision by the...Reuters
an hour ago
CBOT Trends-Wheat up 1-2 cents, corn up 1-2 cents, soybeans up 1-4 cents
CHICAGO, March 27 (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 Friday:WHEAT - Up 1 to 2 cents per bushel Wheat futures mostly firmed, following crude oil higher, as investors monitored...Reuters
an hour ago
German coalition weighs steps such as windfall tax to tackle surging energy costs
BERLIN, March 27 (Reuters) - A working group in Germany's ruling coalition has asked the government to consider additional measures such as a windfall tax and price caps in order to cushion Germans from a price surge due to the Iran war, lawmakers said on Friday. The group of conservative and c...Reuters
2 hours ago
Russia's Novatek halts operations at Ust-Luga complex following drone attack, sources say
MOSCOW, March 27 (Reuters) - Russian energy company Novatek NVTK.MM has suspended gas condensate processing and naphtha export loadings at its Ust-Luga complex following drone attacks causing a fire at the facility, three market sources told Reuters.Novatek's naphtha export cuts will impact Asia...Reuters
2 hours ago
GRAINS-Chicago grains gain as Trump comments on Middle East conflict fail to convince
Dry U.S. Plains and expected biofuel announcement also support pricesFirmer dollar and ample grain supplies limit price gainsGrain markets turning attention to March 31 U.S. planting data PARIS/BEIJING, March 27 (Reuters) - Chicago corn, wheat and soybean futures edged higher on Friday as investo...Reuters
2 hours ago
German ruling coalition weighs more energy relief measures
BERLIN, March 27 (Reuters) - A working group in Germany's ruling coalition has asked the government to consider relief measures such as a windfall tax, price caps, and cuts to energy tax and lowering electricity costs for everyone, lawmakers said on Friday.Reuters
2 hours ago
Escalation in Middle East possible in coming days, Polish PM says
WARSAW, March 27 (Reuters) - There are reasons to believe that there could be an escalation in the conflict in the Middle East in the coming days, Polish Prime Minister Donald Tusk said on Friday. "I have reasons to believe, also based on information we've received from our allies, that stab...Reuters
2 hours ago
WTO reform talks face U.S.-India wall in Cameroon, diplomats say
By Olivia Le Poidevin GENEVA, March 27 (Reuters) - Large differences remain between most countries and the U.S. and India as trade ministers meet to discuss reforms at the World Trade Organization, two diplomats told Reuters on Friday.The ministers are meeting for four days in Yaounde, Cameroon, ...Reuters
2 hours ago
PRECIOUS-Gold rises on dip-buying but heads for fourth weekly loss
Gold up nearly 1%, set for weekly loss of 1.5%Trump extends pause in attacks on Iran's power plantsUS troop buildup continues in Middle EastTurkish gold reserves in largest drop in 7 yearsBy Ishaan Arora March 27 (Reuters) - Gold rose on Friday on bargain-hunting but remained on track for a f...Reuters
2 hours ago
RPT-BREAKINGVIEWS-Pernod and Jack Daniel’s would be a stiff cocktail
By Jeffrey GoldfarbNEW YORK, March 27 (Reuters Breakingviews) - Mixing anise liqueur and Tennessee whiskey would be a complex cocktail. There's some appealing logic to the idea of Paris-based Pernod Ricard PERP.PA swallowing Jack Daniel's distiller Brown-Forman BFb.N. Blending all the financ...Reuters
3 hours ago
Surging fuel, fertiliser prices do not threaten Ukraine's spring crop sowing, official says
Ukraine is major global food exporterUkraine faces jump in fuel, fertilizer prices Official says rising costs do not threaten crop sowing By Pavel Polityuk KYIV, March 27 (Reuters) - A sharp rise in fuel and fertilizer prices due to the Iran war are not expected to disrupt Ukraine's spri...Reuters
3 hours ago
WTO reform talks face U.S.-India wall in Cameroon, diplomats say
By Olivia Le Poidevin GENEVA, March 27 (Reuters) - Large differences remain between most countries and the U.S. and India as trade ministers meet to discuss reforms at the World Trade Organization, two diplomats told Reuters on Friday.The ministers are meeting for four days in Yaounde, Cameroon, ...Reuters
3 hours ago
