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Oil drops 1% as US, Iran pledge to continue talks
Oil prices fall as US-Iran talks ease supply disruption fearsIran threatens US bases if attacked, despite ongoing talksEU proposes ban on services supporting Russia's oil exports SINGAPORE, Feb 9 (Reuters) - Oil prices fell 1% on Monday as immediate fears of a conflict in the Middle East ease...Reuters
5 minutes ago
PREVIEW-US challenges Chinese control in race for African minerals
US uses offtake deals to redirect African minerals from ChinaKoBold cautious in Congo, contrasts with Chinese approachChina's control of Congo assets faces testBy Maxwell Akalaare Adombila ACCRA, Feb 9 (Reuters) - The U.S. is using offtake deals and state-backed funding to compete in the shor...Reuters
an hour ago
PRECIOUS-Gold extends gains on softer dollar; investors eye US jobs data
Gold rises more than 1%, building on Friday's 4% gainSilver climbs more than 4% after gaining nearly 10% on FridayUS nonfarm payroll data for January due on WednesdayBy Ishaan Arora Feb 9 (Reuters) - Gold extended gains on Monday to trade just above the $5,000-per-ounce level as the dollar di...Reuters
an hour ago
China overturns Canadian's death sentence after Carney visit, lawyer says
Robert Schellenberg's death sentence overturned by China's Supreme People's CourtPM Carney's visit to China seen as influencing court decisionCanada-China relations improve with tariff reductions on EVs and canolaBy Laurie Chen BEIJING, Feb 9 (Reuters) - China's top court has ...Reuters
an hour ago
TECHNICALS-CBOT soybeans to test support at $11.06-1/2
For more technical analyses, please click SINGAPORE, Feb 9 (Reuters) - The CBOT soybean March contract SH26 is expected to test a support at $11.06-1/2 per bushel, a break below could trigger a fall into the $10.93 to $10.99-1/2 range.A five-wave cycle from $10.51-1/2 may have completed around a res...Reuters
2 hours ago
GRAINS-Chicago soybeans pull back after four-day rally; traders eye USDA crop report
BEIJING, Feb 9 (Reuters) - Chicago soybean futures retreated on Monday, pressured by rising competition from South America, after four straight sessions of gains driven by U.S. President Donald Trump's comments last week that China might increase purchases of U.S. beans.The most-active soybean c...Reuters
2 hours ago
Goldman Sachs Lowers 2026, 2027 TTF Gas Price Forecasts
Feb 9 (Reuters) - GOLDMAN SACHS:LOWERS BAL 2026/2027 TTF PRICE FORECASTS BY 2 EUR TO 34/21 EUR/MWH ($11.65/$7.40/MMBTU)SAYS GERMAN MEDIA REPORTED THAT EU OFFICIALS ARE CONSIDERING EASING THE PHASE OUT OF FREE CARBON EMISSION ALLOWANCES TO INDUSTRIALSSAYS THESE CHANGES WOULD SOFTEN EUROPEAN UNION ALL...Reuters
2 hours ago
TECHNICALS-US oil may retest support at $62.40
For more technical analyses, click SINGAPORE, Feb 9 (Reuters) - U.S. oil CLc1 may retest a support at $62.40 per barrel, a break below which could trigger a fall towards $61.14.The contract is riding on a wave c from $64.42, which is expected to travel into a range of $61.12 to $62.38, formed by its...Reuters
3 hours ago
GRAINS-Chicago soybeans pull back after four-day rally; traders eye USDA crop report
BEIJING, Feb 9 (Reuters) - Chicago soybean futures fell on Monday, pressured by rising competition from South America, after four sessions of gains driven by President Trump's comments last week that China might increase U.S. soybean purchases.Wheat and corn prices also edged lower as traders ad...Reuters
3 hours ago
WTI retakes $63.00 as US sanctions on Iran and weaker USD offset easing US-Iran tensions
West Texas Intermediate (WTI) US Crude Oil prices kick off the new week on a weaker note as signs of progress in the US-Iran talks diminish the odds of a military confrontation and the risk of supply disruption.
Fxstreet
4 hours ago
PRECIOUS-Gold and silver extend gains on softer dollar
Feb 9 (Reuters) - Gold and silver extended gains on Monday as the dollar weakened, while investors awaited a key U.S. labour market report due later in the week to gauge the interest rate trajectory. FUNDAMENTALSSpot gold XAU= rose 1.4% to $5,029.09 per ounce by 0037 GMT after a near 4% c...Reuters
4 hours ago
Trump administration appeals ruling on releasing New York City tunnel funds
By David Shepardson and Costas Pitas Feb 8 (Reuters) - U.S. President Donald Trump's administration on Sunday appealed against a decision requiring the Transportation Department to unfreeze federal funding for the $16 billion Hudson Tunnel Project in New York, according to a court filing. U.S...Reuters
4 hours ago
PRESS DIGEST-Financial Times - February 9
Feb 9 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Morgan McSweeney resigns as Downing Street chief of staff- UK's Argus lobbied Moscow over rules threatening its Russia business- Sou...Reuters
4 hours ago
Gold Price Forecast: XAU/USD jumps above $5,000 as China's gold buying drives demand
Gold price (XAU/USD) rises to near $5,035 during the early Asian session on Monday. The precious metal extends its recovery amid a weaker US Dollar (USD) and rising demand from central banks. The delayed release of the US employment report for January will be in the spotlight later on Wednesday.Fxstreet
5 hours ago
Japan's 'Iron Lady' Takaichi forges historic election win
Takaichi's ruling coalition secures supermajority in lower houseJapan's first female leader gambled on rare winter snap electionShe has seen strong ratings since becoming PM in October Takaichi has strained ties with Beijing, rattled marketsBy John Geddie and Tim Kelly TOKYO, Feb 8 (Reute...Reuters
5 hours ago
Trump administration appeals ruling it must unfreeze New York City tunnel funding
Feb 8 (Reuters) - U.S. President Donald Trump's administration on Sunday appealed a decision requiring the Transportation Department to unfreeze federal funding for the $16 billion Hudson Tunnel Project in New York, according to a court filing.Reuters
5 hours ago
RPT-Indian refiners avoid Russian oil in push for US trade deal
Indian refiners not taking March–April Russian crude offersTrump says India committed to halting Russian oil importsNew Delhi has not announced halt to Russian purchasesIndian refiners cut Russian intake, buy from other suppliersBy Nidhi Verma NEW DELHI, Feb 8 (Reuters) - Indian refiners are avoi...Reuters
6 hours ago
JBS expands Middle East operations investing $150 million in Oman
By Ana Mano SAO PAULO, Feb 8 (Reuters) - Global food producer JBS JBS.N has acquired an 80% stake in a new food holding company in Oman, it said on Sunday, expanding its footprint in a fast-growing market that has historically relied heavily on food imports.KEY CONTEXTThe world's largest meat...Reuters
12 hours ago
