News
Important Only
Oil heads for first weekly gain in three as US-Iran tensions brew
Oil prices hold at six-month highsGeopolitical risk premiums remain near-term price driverSupply remains ample, analysts sayBy Laila Kearney and Trixie Yap Feb 20 - Oil prices rose on Friday, headed for their first weekly gain in three, on growing concerns a conflict may erupt between the U.S. an...Reuters
5 minutes ago
Gold consolidates around $5,000; eyes US GDP and PCE data for fresh impetus
Gold (XAU/USD) struggles to capitalize on its modest gains registered over the past two days and oscillates in a narrow trading band, around the $5,000 psychological mark during the Asian session on Friday.Fxstreet
44 minutes ago
TECHNICALS-US oil may retrace toward $65.23
For more technical analyses, click SINGAPORE, Feb 20 (Reuters) - U.S. oil CLc1 may retrace toward $65.23 per barrel, as it seems to have lost its bullish momentum around the Jan. 29 high of $66.48.A pullback toward a wedge is yet to occur, which may be triggered by the resistance at $66.74, which is...Reuters
46 minutes ago
PRESS DIGEST-British Business - February 20
Feb 19 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The TimesUK's Keir Starmer is blocking a request by U.S. President Trump to allow American planes to use British ba...Reuters
an hour ago
GRAINS-Soybean set for third week of gains on Chinese demand prospects
Soybeans up 2% this week, market near three month highExpectations of Chinese demand drove prices this weekBy Naveen Thukral SINGAPORE, Feb 20 (Reuters) - Chicago soybean futures were largely unchanged on Friday, with the market holding on to recent gains that drove prices to a three-month high t...Reuters
2 hours ago
PRECIOUS-Gold dips as dollar ticks up; all eyes on inflation data
Feb 20 (Reuters) - Gold prices edged lower on Friday as the dollar firmed to a near one-month high, while investors awaited a key inflation report due later in the day for more cues on U.S. monetary policy trajectory.FUNDAMENTALSSpot gold XAU= dipped 0.1% to $4,995.91 per ounce by 0149 GMT.U.S. gold...Reuters
2 hours ago
Oil prices rise as Trump puts time limit on Iran stand-off
By Laila Kearney Feb 20 - Oil prices were higher on Friday as concern of conflict between the U.S. and Iran ratcheted up, with Washington saying Tehran will suffer if it does not agree a deal about its nuclear activity within a matter of days.Brent crude futures LCOc1 rose 21 cents, or 0.3%, to $...Reuters
3 hours ago
GRAINS-Soybean set for 3rd week of gains on Chinese demand prospects
SINGAPORE, Feb 20 (Reuters) - Chicago soybean futures were largely unchanged on Friday, with the market holding on to recent gains that drove prices to a three-month high this week on expectations of Chinese buying of more U.S. cargoes.Corn firmed, while wheat was almost flat. FUNDAMENTALSThe mo...Reuters
3 hours ago
Indonesia says get 19% tariff on most goods in US trade deal, may get exemption for palm oil
JAKARTA, Feb 20 (Reuters) - Most of Indonesia's exports to the U.S. will have a 19% tariff imposed on them under a reciprocal trade agreement, although there will be no tariffs on chocolate, natural rubber and coffee, the Indonesian government said in a statement on Friday.The government also sa...Reuters
3 hours ago
Canada's Lundin Mining Q4 revenue hits $1.3 bln
OverviewCanada mining firm's Q4 revenue reached $1.3 bln, achieving record annual revenue of $4.1 blnAdjusted EBITDA for Q4 was $686 mlnIn 2025, company repurchased over 15 mln shares, enhancing shareholder returnsOutlookLundin Mining forecasts 2026 copper production between 310,000 and 335,000 ...Reuters
4 hours ago
Authorities probe possible criminal negligence in California avalanche deaths
Sheriff probing possible criminal negligence, no charges yetEight killed, six rescued in guided Sierra tourExpert cites unstable snowpack, urges no rush to blameBy Brad Brooks Feb 19 (Reuters) - Investigators are working to determine if criminal negligence played a role in the avalanche that kill...Reuters
4 hours ago
Boeing Says Working Closely With NASA To Ensure Readiness For Future Starliner Missions
Feb 20 (Reuters) - Boeing Co BA.N:BOEING: WORKING CLOSELY WITH NASA TO ENSURE READINESS FOR FUTURE STARLINER MISSIONS, REMAIN COMMITTED TO NASA’S VISION FOR 2 COMMERCIAL CREW PROVIDERSSource text: bit.ly/3OyWbUoReuters
5 hours ago
Century's Iceland aluminium smelter to return sooner than expected
Feb 19 (Reuters) - U.S. aluminium producer Century Aluminum CENX.O said on Thursday that repairs would allow the shuttered capacity at its Grundartangi smelter in Iceland to restart by the end of April, around six months sooner than previously guided.The 320,000 metric ton per year plant had to cut ...Reuters
5 hours ago
Alliant Energy beats quarterly profit estimates on strong power demand
Feb 19 (Reuters) - U.S. utility Alliant Energy LNT.O beat Wall Street estimates for fourth-quarter profit on Thursday, benefiting from robust power demand and strong performance in its electric and gas segments.U.S. electricity use reached record highs last year and is expected to rise again in 2026...Reuters
5 hours ago
Firstenergy Transmission Says On Feb 12 PJM Was Awarded Transmission Projects To Grid Growth
Feb 19 (Reuters) - Firstenergy Transmission LLC [RIC:RIC:FPCTL.UL]:FIRSTENERGY TRANSMISSION LLC - ON FEB 12, PJM AWARDED TRANSMISSION PROJECTS TO GRID GROWTH - SEC FILINGFIRSTENERGY TRANSMISSION LLC - TOTAL PROJECT COST $1.0 BILLION WITH FET'S SHARE $490 MILLION - SEC FILINGSource text: [ID:n00...Reuters
6 hours ago
Newmont tops profit estimates, sets $1.4 billion outlay for former Newcrest assets
By Tanay Dhumal and Divya RajagopalFeb 19 (Reuters) - Newmont NEM.N on Thursday beat Wall Street estimates for fourth-quarter profit as a record rally lifted gold prices and offset lower production and said it would invest $1.4 billion to develop assets acquired through its takeover of Newcrest.Shar...Reuters
6 hours ago
