News
Important Only
TECHNICALS-CBOT corn may fall into $4.26-3/4 to $4.27-3/4 range
SINGAPORE, Feb 13 (Reuters) - CBOT March corn CH26 may fall into $4.26-3/4 to $4.27-3/4 range, as it failed to break resistance at $4.31-3/4.The failure suggests a completion of the bounce from $4.25. Due to this failure, the downtrend from $4.36 may resume. The target zone of $4.26-3/4 to $4.27-3/4...Reuters
23 minutes ago
Second US aircraft carrier to head to Middle East amid Iran tensions, US media reports
Feb 13 (Reuters) - The U.S. is sending a second aircraft carrier to the Middle East amid tensions with Iran, U.S. media outlets reported late on Thursday.The aircraft carrier USS Gerald R. Ford and its escort ships will be sent to the Middle East from the Caribbean, the New York Times, which first r...Reuters
an hour ago
Trump plans to roll back some tariffs on steel and aluminium goods, FT reports
Feb 13 (Reuters) - U.S. President Donald Trump plans to scale back some tariffs on steel and aluminum goods, the Financial Times reported on Friday, citing people familiar with the matter.Officials in the Commerce Department and U.S. trade representative’s office believe the tariffs are hurting cons...Reuters
2 hours ago
Gold: Sharp reversal after stellar rally – UOB
UOB Global Economics & Markets Research reports a steep selloff in Gold and other precious metals as AI-related risk aversion hit broader markets. They describe algorithmic trading and profit taking as factors behind the move, following a strong prior rally.
Fxstreet
2 hours ago
EXCLUSIVE-Amprion main owners consider options for stakes as funding needs rise, sources say
Key Amprion shareholders consider selling stakes due to rising funding needsAmprion plans over 36 billion euro investment by 2029, requiring regular capital increasesConsiderations follow ownership shakeup at peer TenneT GermanyBy Amy-Jo Crowley and Christoph Steitz LONDON/FRANKFURT, Feb 13 (Reut...Reuters
2 hours 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
2 hours ago
Oil set for second straight weekly drop as Iran risks recede
Trump says U.S. could make a deal with Iran over the next month U.S. Treasury to issue more allowances for Venezuela this weekGlobal oil demand growth to be weaker than expected - IEA Feb 13 (Reuters) - Oil prices slipped on Friday and were on track for a second weekly decline on receding concern...Reuters
3 hours ago
TECHNICALS-CBOT soybeans may rise into $11.47-1/2 to $11.58-3/4 range
For more technical analyses, please click SINGAPORE, Feb 13 (Reuters) - The CBOT soybean March contract SH26 may break resistance at $11.41 per bushel and rise into the $11.47-1/2 to $11.58-3/4 range.The contract is riding on a wave c from $10.51-1/2, which has travelled far above its 161.8% project...Reuters
3 hours ago
Trump plans to roll back tariffs on metal and aluminium goods, FT reports
Feb 13 (Reuters) - U.S. President Donald Trump is planning to scale back some tariffs on steel and aluminium goods, the Financial Times reported on Friday, citing people familiar with the matter.Reuters could not immediately verify the report.Reuters
3 hours ago
GRAINS-Chicago soybeans extend rally on China buying hopes
BEIJING, Feb 13 (Reuters) - Chicago soybean futures rose on Friday, reaching a two-and-a-half-month high as hopes for continued demand from top global soy buyer China for U.S. supplies supported prices. Wheat dropped, and corn edged higher. The most-active soybean contract on the Chicago Board o...Reuters
4 hours ago
TECHNICALS-US oil may retest support at $62.52
For more technical analyses, click SINGAPORE, Feb 13 (Reuters) - U.S. oil CLc1 may retest support at $62.52 per barrel; a break below that level could trigger a fall to $61.73.A wave c from $65.85 demonstrates a strong momentum, as symbolized by the sharp fall on Thursday. It might be as steep as th...Reuters
5 hours ago
GRAINS-Chicago soybeans extend rally on China buying hopes
BEIJING, Feb 13 (Reuters) - Chicago soybean futures edged higher on Friday after reaching a more than two-month high as hopes for continued demand from top global soy buyer China for U.S. supplies supported prices. Wheat dropped, and corn remained unchanged. FUNDAMENTALS The most-active soyb...Reuters
5 hours ago
Oil set for weekly drop as Iran risks recede, oversupply concerns
BEIJING, Feb 13 (Reuters) - Oil prices were little changed on Friday after falling in the previous session, and are set for their second weekly decline, on receding concerns of an Iranian conflict that could affect supply and on forecasts supply will exceed demand this year.Brent crude oil futures w...Reuters
6 hours ago
WTI remains below $63.00 due to oversupply concerns
West Texas Intermediate (WTI) Oil price trades largely unchanged around $62.80 per barrel during the Asian session on Friday, after dropping more than 3% in the previous session. Crude Oil prices remain under pressure amid ongoing concerns about oversupply.Fxstreet
6 hours ago
LIVESTOCK-Hog futures extend retreat from recent highs; cattle end lower
By Julie Ingwersen CHICAGO, Feb 12 (Reuters) - Lean hog futures on the Chicago Mercantile Exchange fell sharply on Thursday, with the benchmark April contract LHJ26 extending its retreat for a sixth consecutive session after posting a life-of-contract high last week.CME April hogs LHJ26 settled d...Reuters
7 hours ago
Vale posts $3.8 billion loss on nickel impairment; analysts welcome core profit
SAO PAULO/RIO DE JANEIRO, Feb 12 (Reuters) - Miner Vale VALE3.SA on Thursday reported that its fourth-quarter net loss widened year-on-year, citing an impairment of nickel assets in Canada, yet analysts welcomed a core profit above expectations, projecting a positive share reaction. Rio de Ja...Reuters
7 hours ago
Venezuela's PDVSA offers expanded oil areas to joint venture partners, sources say
Talks include U.S. Chevron, Spain's Repsol and France's Maurel & PromNegotiations are expected to be completed in six monthsMost areas on offer are near oilfields partners currently participate inBy Marianna Parraga and Sheila DangHOUSTON/CARACAS, Feb 12 (Reuters) - Venezuela's state...Reuters
7 hours ago
