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Gold climbs to $5,050 as Fed-driven USD weakness offsets positive risk tone ahead of US NFP
Gold (XAU/USD) attracts some dip-buyers following the previous day's modest slide and climbs back above the $5,050 level during the Asian session on Wednesday.
Gold
Fxstreet
34 minutes ago
GRAINS-Chicago Soybeans extend gains despite bearish USDA data
BEIJING, Feb 11 (Reuters) - Chicago soybean futures rose on Wednesday despite bearish data in the U.S. Department of Agriculture's monthly supply-demand report, as parts of the market pegged hopes on greater exports to China. The most-active soybean contract on the Chicago Board of Trade (C...
Reuters
34 minutes ago
TECHNICALS-US oil neutral in $63.95-$64.91 range
For more technical analyses, click SINGAPORE, Feb 11 (Reuters) - U.S. oil CLc1 looks neutral in a narrow range of $63.95 to $64.91 per barrel, and an escape could suggest a direction.The range is formed by the 23.6% and the 14.6% retracements in the uptrend from $55.81 to $66.47. A break below $63.9...
Reuters
35 minutes ago
Trump to direct Pentagon to buy coal to revive industry, Bloomberg News says
Feb 10 (Reuters) - U.S. President Donald Trump is set to direct the Pentagon to use government funding and Pentagon contracts to sustain U.S. coal-fired power plants, Bloomberg News reported on Tuesday, citing a White House official.Reuters was not immediately able to verify the report. The White Ho...
Reuters
an hour ago
GRAINS-Chicago Soybeans extends gains despite bearish USDA data
BEIJING, Feb 11 (Reuters) - Chicago soybean futures rose on Wednesday despite bearish data in the U.S. Department of Agriculture's monthly supply-demand report, though rising competition from Brazil capped gains. Wheat gained while corn remained unchanged. FUNDAMENTALSThe most-active soybean con...
Reuters
an hour ago
Trump to direct Pentagon to buy coal to revive industry, Bloomberg News says
Feb 10 (Reuters) - U.S. President Donald Trump is set to direct the Pentagon to use government funding and Pentagon contracts to sustain U.S. coal-fired power plants, Bloomberg News reported on Tuesday, citing a White House official.Reuters could not immediately verify the report.Coal executives, mi...
Reuters
2 hours ago
WTI holds steady above $64.00 amid inventory buildup, geopolitical uncertainty
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.20 during the Asian trading hours on Wednesday. The WTI price holds steady as lingering geopolitical uncertainty offsets a significant build in US crude oil inventory.
WTI
Fxstreet
2 hours ago
Silver Price Forecast: XAG/USD bulls seem hesitant below $82.00; US NFP awaited
Silver (XAG/USD) steadies following the previous day's modest pullback from the $84.00 mark and trades with a mild positive bias during the Asian session on Wednesday.
Silver
Fxstreet
2 hours ago
LIVESTOCK-CME hog futures extend retreat from last week's top; cattle end lower
By Julie Ingwersen CHICAGO, Feb 10 (Reuters) - Benchmark April lean hog futures on the Chicago Mercantile Exchange (CME) declined on Tuesday for a fourth straight session, pressured by speculative profit-taking after last week's life-of-contract high amid a lack of supportive news, traders sa...
Reuters
2 hours ago
Oil holds steady as US–Iran tensions provide support
SINGAPORE, Feb 11 (Reuters) - Oil held steady on Wednesday, finding support as the market waited for direction while U.S.–Iran talks continued, with lingering geopolitical uncertainty helping to underpin prices.Brent crude oil futures LCOc1 were up 23 cents, or 0.3%, at $69.03 a barrel by 0100 GMT. ...
Reuters
3 hours ago
REFILE-Canada's DPM Metals Q4 revenue surges on rise in prices
OverviewCanada-based mining firm's Q4 adjusted EBITDA exceeded analyst estimatesCompany achieved record free cash flow of $505 mln for 2025OutlookCompany expects Vareš production to reach full capacity by year-end 2026DPM plans $49 mln to $53 mln in Čoka Rakita pre-construction spending for 2026...
Reuters
3 hours ago
China's Li inspects rare earth facilities, hints at leverage in US rivalry
BEIJING, Feb 11 (Reuters) - China's second-ranking official, Premier Li Qiang,inspected rare earth facilities in the southern province of Jiangxi on Tuesday, state news agency Xinhua reported, using the visit to hint at intensifying competition with the U.S. over strategic minerals.Such pre‑holi...
Reuters
3 hours ago
Canada's Carney says issue of bridge that Trump threatened will be settled
By David Ljunggren and David ShepardsonOTTAWA/WASHINGTON, Feb 10 (Reuters) - Canada and the United States will resolve the issue of a $4.7 billion bridge connecting Detroit and Windsor, Ontario, that U.S. President Donald Trump is unhappy about, Canadian Prime Minister Mark Carney told reporters on ...
Reuters
4 hours ago
Gold Price Forecast: XAU/USD declines to near $5,050, focus shifts to US jobs data
Gold price (XAU/USD) falls to near $5,045 during the early Asian session on Wednesday. Traders assess whether prices have found a floor following a historic sell-off.
Gold
Fxstreet
4 hours ago
GRAINS-Soybeans rise on export optimism; corn, wheat nearly flat after USDA data
Chicago soybean futures rose about 1% on Tuesday on optimism about demand for U.S. supplies, analysts said, but stayed below a two-month high set last week.
Reuters
4 hours ago
Petrobras posts record exports in Q4 as it expands clients for Brazilian oil
By Fabio Teixeira and Marta Nogueira SAO PAULO/RIO DE JANEIRO, Feb 10 (Reuters) - Brazilian state-run oil firm Petrobras PETR4.SA on Tuesday posted record exports of 1.2 million barrels per day (bpd) of oil and derivatives in its fourth quarter, surging about 79% from the same period the prior ye...
Reuters
4 hours ago
CIF/FOB Gulf Grain-Soybean basis mixed on barge shipping delays, rising futures
CHICAGO, Feb 10 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals were mixed on Tuesday as seasonally slowing export loadings and rising futures values weighed on nearby values, while deferred bids edged higher, traders said.Chicago Board of Trade soybeans Sv1 closed ...
Reuters
5 hours ago
US renewable energy lab eliminates 134 jobs amid Trump funding cuts
Feb 10 (Reuters) - A U.S. government energy research laboratory focused on renewables, efficiency and clean transportation has cut 134 positions, a spokesperson said on Tuesday, citing federal budget cuts and new Trump administration priorities.Here are some details:The job cuts at the National Labo...
Reuters
5 hours ago
CANADA-CRUDE-Discount on Western Canada Select widens
Feb 10 (Reuters) - The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures CLc1 widened on Tuesday. WCS for March delivery in Hardisty, Alberta, settled at $15.55 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared with...
Reuters
5 hours ago
White House says Trump plans to rescind climate change finding key to auto rules
By David Shepardson and Andrea ShalalWASHINGTON, Feb 10 (Reuters) - U.S. President Donald Trump plans to formalize on Thursday a move to overturn the Obama-era legal basis for federal greenhouse gas rules, which will lead to the repeal of vehicle emissions rules, the White House said on Tuesday. ...
Reuters
6 hours ago
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