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WRAPUP 1-Super Typhoon Ragasa lashes Hong Kong, death toll climbs in Taiwan
14 people dead in Taiwan after barrier lake overflowsRoads, beaches flooded in Hong KongHundreds of HK flights cancelled, shelters openedStorm brings hurricane-force winds, huge seas and heavy rains Ragasa expected to target China's Guangdong Province next HONG KONG, Sept 24 (Reuters) - Super...Reuters
21 minutes ago
Taiwan typhoon death toll hits 14, with 124 missing
Flood from overflowing barrier lake kills 14, 124 missingTaiwan hit by outer bands of Super Typhoon RagasaRescuers rush to disaster zone in mountainous eastTaiwan's semiconductor industry not affectedBy Yimou Lee HUALIEN, Taiwan, Sept 24 (Reuters) - Fourteen people have died in Taiwan's e...Reuters
25 minutes ago
Australia's Anson signs lithium supply deal with LG Energy Solution; shares soar
By Kumar TanishkSept 24 (Reuters) - Australian miner Anson Resources ASN.AX signed an offtake deal with South Korea's LG Energy Solution 373220.KS on Wednesday for the supply of battery-grade lithium carbonate, sending its shares nearly 25% higher.Under the agreement, the South Korean battery ma...Reuters
43 minutes ago
REFILE-Anson Resources, LG Energy Solution ink offtake deal for lithium supply
Sept 24 (Reuters) - Anson Resources ASN.AX signed on Wednesday an offtake agreement with South Korea's LG Energy Solution 373220.KS for the supply of battery-grade lithium carbonate from the Australian miner's Paradox Basin Lithium Project in Southern Utah.Reuters
54 minutes ago
PRECIOUS-Gold steady near record high as markets assess Powell's comment
Sept 24 (Reuters) - Gold held steady near a record high on Wednesday as investors assessed U.S. Federal Reserve Chair Jerome Powell's cautious comments on interest rate cuts while awaiting a key inflation report due later in the week for further policy cues.FUNDAMENTALS* Spot gold XAU= held its ...Reuters
an hour ago
Canadian PM Carney expects to meet Chinese President Xi at 'appropriate time'
By Christian MartinezSept 23 (Reuters) - Canadian Prime Minister Mark Carney on Tuesday said he had discussions with Chinese Premier Li Qiang regarding steel tariffs and added that he expected to meet Chinese President Xi Jinping at an "appropriate time.""There is some alignment of tari...Reuters
an hour ago
Oil rises as US crude stockpile drop adds to sense of tighter supply
By Laila Kearney Sept 24 (Reuters) - Oil prices rose for a second day on Wednesday as an industry report showed U.S. crude inventories declined last week, adding to a sense in the market of tightening supplies. Brent futures LCOc1 rose 27 cents to $67.90 a barrel by 0005 GMT. U.S. West Texas Inte...Reuters
2 hours ago
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Sept 24 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$68.72sup $67.66/$67.34/$67.01Palm oil (3rd month)4,401 ringgitsup 4,309/4,274 ringgitWTI* (1st month)$63.86/$64.33sup $63.47/$63.09/$62.61Spot gold$3,772sup $3,739/$...Reuters
2 hours ago
GRAINS-Soybeans ease to nearly 6-week low on harvest pressure, lack of China demand
SINGAPORE, Sept 24 (Reuters) - Chicago soybeans slid to a nearly six-week low on Wednesday, giving up some of last session's gains, weighed down by harvest pressure and China's absence from the U.S. market.Corn dipped, while wheat rose for a second session on bargain-buying.FUNDAMENTALS* The...Reuters
2 hours ago
Gold Price Forecast: XAU/USD holds steady near $3,750 as traders digest Fed’s Powell speech
The Gold price (XAU/USD) holds steady near $3,760 after retreating from an all-time high of $3,791 during the early Asian session on Wednesday. Rising expectations of further US rate cuts and safe-haven flows provide some support to the precious metal.
Fxstreet
2 hours ago
Canadian PM Carney expects to meet Chinese President Xi at 'appropriate time'
Sept 23 (Reuters) - Canadian Prime Minister Mark Carney on Tuesday said he had discussions with Chinese Premier Li Qiang regarding steel tariffs and added that he expected to meet Chinese President Xi Jinping at an "appropriate time.""There is some alignment of tariffs with the United St...Reuters
2 hours ago
LIVESTOCK-CME feeder cattle extend gains on US supply worries
By Tom Polansek CHICAGO, Sept 23 (Reuters) - Chicago Mercantile Exchange feeder cattle futures extended gains on Tuesday on concerns over tightening U.S. supplies, analysts said.Feeder cattle rose again after the U.S. Department of Agriculture said on Sunday that Mexico had confirmed a case of Ne...Reuters
3 hours ago
Super Typhoon lashes Hong Kong with hurricane-force winds and heavy rain
HONG KONG, Sept 24 (Reuters) - Super Typhoon Ragasa, the world's most powerful tropical cyclone this year, lashed Hong Kong with hurricane-force winds and torrential rain on Wednesday as the city shut down and more than 700 flights were cancelled. The typhoon sparked panic buying this week, with...Reuters
4 hours ago
US Plains HRW Wheat-Basis bids flat as futures falter
CHICAGO, Sept 23 (Reuters) - Basis bids for hard red winter wheat were steady in the U.S. Plains on Tuesday as futures fell and farmers began planting the U.S. winter wheat crop. Farmers were planting the U.S. winter wheat crop that will be harvested next year.Planting was 20% complete as of Sunday,...Reuters
4 hours ago
Peru's Antamina expects jump in zinc to offset lower copper output
AREQUIPA, Sept 23 (Reuters) - Zinc production at Peru's Antamina mine, controlled by Glencore GLEN.L and BHP BHP.AX, is expected to rise 67% this year, offsetting a 12% drop in copper output as management works on extending the life of the deposit, an executive said on Tuesday.Antamina Operation...Reuters
4 hours ago
US Cash Crude-Grades mixed on first day of volatile roll trade period
Sept 23 (Reuters) - Physically traded domestic crude grades were mixed on Tuesday, dealers said, on the first full day of the volatile roll trading period. Traders use the three-day roll period to adjust their crude slates, square up positions and net out exposures following the expiration of the U....Reuters
5 hours ago
Oil settles up $1/bbl as restart of Kurdish oil exports stalls
Kurdistan oil export deal stalls over debt repayment assurancesGlobal oil market faces elevated supply, IEA saysInvestors eye US distillate stocks amid attacks on Russian oil infrastructureBy Georgina McCartney HOUSTON, Sept 23 (Reuters) - Oil prices settled up more than $1 a barrel on Tuesday af...Reuters
5 hours ago
US judge proposes to extend Citgo auction timeline to late Oct
HOUSTON, Sept 23 (Reuters) - A U.S. judge overseeing a court-ordered auction of shares in the parent of refiner Citgo Petroleum said on Tuesday he is inclined to receive briefings about the bid recommended as winner through October 15, with oral arguments presented on October 20-21 and final replies...Reuters
6 hours ago
