News
Important Only
Super Typhoon Ragasa kills 14 in eastern Taiwan, with 129 missing
Flood from overflowing barrier lake kills 14, 129 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 p...Reuters
3 minutes ago
BREAKINGVIEWS-US solar dumping probe is India’s Icarus moment
By Shritama Bose MUMBAI, Sept 24 (Reuters Breakingviews) - The American sun is burning Indian exporters. The United States is investigating a dumping complaint against solar firms, including Waaree Energies WAAN.NS and a unit of Adani Enterprises ADEL.NS. It could result in triple-digit tariffs o...Reuters
6 minutes ago
Canadian PM expects 'constructive' trade talks with China to deepen
By Christian MartinezSept 23 (Reuters) - Canadian Prime Minister Mark Carney said he had "constructive" trade talks with Chinese Premier Li Qiang and expected the dialogue to deepen over time, as both countries seek to navigate a way out of a tariff conflict. Ties deteriorated after Canada ...Reuters
9 minutes ago
WRAPUP 2-Super Typhoon Ragasa soaks Hong Kong, death toll rises in Taiwan
14 people dead in Taiwan after barrier lake overflowsRoads, beaches, hotel 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) ...Reuters
43 minutes ago
GRAINS-Soybeans ease to nearly 6-week low on harvest pressure, lack of China demand
Soybeans fall for five out of six sessions on China's absenceCorn prices rise, wheat firms for 2nd session on bargain-buyingBy Naveen Thukral SINGAPORE, Sept 24 (Reuters) - Chicago soybeans slid to a nearly six-week low on Wednesday, giving up some of last session's gains as the market wa...Reuters
an hour ago
PRECIOUS-Gold eases from record high as investors book profits, weigh Powell's comments
Fed's Powell strikes middle path on inflation, jobsGold's medium and short-term trends support bullish outlook, analyst sayUS Personal Consumption Expenditures index data due on FridayBy Anmol Choubey Sept 24 (Reuters) - Gold fell on Wednesday as investors booked profits after hitting a r...Reuters
an hour 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
3 hours 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
3 hours 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
3 hours 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
4 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
4 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
4 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
4 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
4 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
4 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
5 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
6 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
6 hours ago
