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Gold rallies above $5,070 as China treasury shift batters US Dollar
Gold price (XAU/USD) remains bid during the North American session on Monday following reports that Chinese authorities recommended institutions to reduce exposure to US Treasuries or pare down their positions due to increased volatility. At the time of writing, XAU/USD trades at $5.074, up 2.16%.
Fxstreet
8 minutes ago
Air Canada suspends Cuba flights as island set to run out of jet fuel
Jet fuel shortage linked to U.S. blocking Venezuelan oil exportsAirlines plan to refuel in nearby countriesAir Canada set to fly about 3,000 customers homeCuba historically relies on Venezuela for jet fuel By Dave Sherwood and Allison Lampert HAVANA, Feb 9 (Reuters) - Air Canada AC.TO said o...Reuters
9 minutes ago
Judge temporarily halts order requiring Trump to unfreeze tunnel funding
Feb 9 (Reuters) - A U.S. judge in New York on Monday temporarily put her ruling on hold forcing the Trump administration to lift a four-month-old freeze on federal funding for the $16 billion Hudson Tunnel Project connecting New York City and New Jersey.U.S. District Judge Jeannette Vargas on Friday...Reuters
12 minutes ago
US Cash Grains-Corn bids mixed, soy steady ahead of USDA reports
CHICAGO, Feb 9 (Reuters) - Basis bids for corn were mixed and soybean bids were steady in the U.S. Midwest on Monday as market players awaited the U.S. Department of Agriculture's monthly supply and demand report that will come out on Tuesday.Chicago soybean futures fell on Monday, pressured by ...Reuters
17 minutes ago
EU proposes sanctions on Georgian, Indonesian ports for handling Russian oil
Proposals part of EU's 20th sanctions package over Ukraine warWould be first time EU targets ports in third countries By Julia Payne BRUSSELS, Feb 9 (Reuters) - The European Union has proposed extending its sanctions against Russia to include ports in Georgia and Indonesia that handle Russian...Reuters
23 minutes ago
EU wheat falls on export-punishing euro strength, rapeseed firm
HAMBURG/PARIS, Feb 9 (Reuters) - European wheat futures fell on Monday to their lowest in more than a week as a stronger euro dented export prospects and concerns about cold weather damage to northern hemisphere crops subsided while rapeseed ended firm.March milling wheat BL2H6 on the Paris-based Eu...Reuters
53 minutes ago
Europe Gasoline/Naphtha-Gasoline refining margins dip lower
LONDON, Feb 9 (Reuters) - Northwest European gasoline refinery profit margins fell on Monday, by 62 cents to about $8.35 a barrel.About 6,000 tons of E5 gasoline barges traded on Argus, with BP selling to TotalEnergies.No Eurobob E10 gasoline traded on barges in the Argus window on Monday.Meanwhile,...Reuters
55 minutes ago
Harmony Gold says newly acquired Australian copper mine requires two-year revamp
CSA Copper mine faces infrastructure issues, says CEO Beyers NelHarmony to update copper outlook in MarchNew asset requires recapitalisation and strategic rethink - CEOBy Nqobile Dludla and Olivia Kumwenda-MtamboCAPE TOWN, Feb 9 (Reuters) - South African miner Harmony Gold's HARJ.J recently acqu...Reuters
56 minutes ago
US reaches nuclear deal with Armenia as Vance pushes peace dividend
Armenia, US sign statement on civil nuclear sectorJD Vance's visit to Armenia follows US-brokered peace accordArmenia, Azerbaijan mending relations after decades of war Planned transit corridor could transform South CaucasusBy Lucy Papachristou TBILISI, Feb 9 (Reuters) - Armenia and the Unite...Reuters
57 minutes ago
Air Canada Suspending Cuba Service In Response To Aviation Fuel Shortage
Feb 9 (Reuters) - Air Canada AC.TO:AIR CANADA SUSPENDING CUBA SERVICE IN RESPONSE TO AVIATION FUEL SHORTAGEAIR CANADA - FLIGHTS TO VARADERO AND CAYO COCO SUSPENDED UNTIL MAY 1AIR CANADA: WILL OPERATE EMPTY FLIGHTS SOUTHBOUND TO PICK UP ABOUT 3,000 CUSTOMERS AT DESTINATION AND RETURN THEM HOMEAIR CAN...Reuters
59 minutes ago
EU wheat falls on export-punishing euro strength
HAMBURG/PARIS, Feb 9 (Reuters) - European wheat futures fell on Monday to their lowest in more than a week as a stronger euro dented export prospects and concerns about cold weather damage to northern hemisphere crops subsided.March milling wheat BL2H6 on the Paris-based Euronext exchange was down 0...Reuters
an hour ago
Oil rises after US urges caution for vessels traveling near Iran
US advises vessels stay away from Iran when transiting Strait of HormuzIran threatens US bases if attacked, despite talksEU proposes ban on services supporting Russia's oil exportsIndia moving away from Russian oil, sources sayBy Shariq Khan NEW YORK, Feb 9 (Reuters) - Oil prices rose mor...Reuters
2 hours ago
PRECIOUS-Gold rises as dollar slips, focus turns to US jobs data
China's central bank buys gold for 15th consecutive monthSilver climbs over 5% after gaining nearly 10% on FridayDelayed US jobs, inflation data due later this weekBy Anmol Choubey Feb 9 (Reuters) - Gold prices rose on Monday, buoyed by a softer dollar as investors braced for a week packed wi...Reuters
2 hours ago
US issues fresh guidance to vessels transiting Strait of Hormuz as Iran tensions simmer
Feb 9 (Reuters) - The United States issued fresh guidance on Monday to commercial vessels transiting the Strait of Hormuz, a key shipping lane for Middle East oil supplies, as tensions simmered between Washington and Tehran over Iran’s nuclear program.Iran has in the past threatened to close down th...Reuters
2 hours ago
EXCLUSIVE-Increased Orinoco Belt output boosts Venezuela's oil production to 1 million bpd, sources say
By Marianna Parraga Feb 9 (Reuters) - Venezuela's state oil company PDVSA has reversed most of the output cuts it had ordered at its own oilfields and joint ventures in the country's main crude region, the Orinoco Belt, boosting the nation's total production close to 1 million barrels...Reuters
2 hours ago
EU proposes to add two third-country oil ports in new sanctions package
BRUSSELS, Feb 9 (Reuters) - The EU's diplomatic arm EEAS has proposed the addition of third-country ports to sanctions against Russia for the first time, its proposal document showed on Monday. The EEAS, which jointly proposed the 20th sanctions package with the European Commission, proposed to ...Reuters
2 hours ago
Caffeinated beverages may help protect the brain, study says
By Nancy LapidFeb 9 (Reuters) - Drinking a few cups of caffeinated coffee or tea every day may help in a small way to preserve brain power and prevent dementia, researchers reported on Monday.People with the highest daily intake of caffeinated coffee had an 18% lower risk of developing dementia comp...Reuters
2 hours ago
EXCLUSIVE-Codelco sees $3.9 billion investments in 2026 budget, document shows
By Fabian CamberoSANTIAGO, Feb 9 (Reuters) - Chilean state miner Codelco, the world's largest copper producer, authorized investments of $3.914 billion, made up of $3.289 billion plus Value Added Tax, according to an unpublished government decree approving its 2026 budget reviewed by Reuters. ...Reuters
3 hours ago
