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Gold climbs to fresh monthly high on trade war fears, geopolitical risks, weaker USD
Gold (XAU/USD) registered its highest-ever weekly close, above the $5,100 mark on Friday, and gains strong follow-through traction at the start of a new week.
Gold
Fxstreet
8 minutes ago
VEGOILS-Palm falls for a second session on weaker crude oil, stronger ringgit
JAKARTA, Feb 23 (Reuters) - Malaysian palm oil futures extended losses to a second session on Monday, tracking weakness in crude oil while a stronger ringgit added pressure to the contract. The benchmark palm oil contract FCPOc3 for May delivery on the Bursa Malaysia Derivatives Exchange lost 21 rin...
Reuters
43 minutes ago
TECHNICALS-US oil may test support at $65.23
For more technical analyses, click SINGAPORE, Feb 23 (Reuters) - U.S. oil CLc1 may test a support at $65.23 per barrel, a break below which may trigger a fall to $64.65.A temporary top formed around the January 29 high of $66.48. The market is experiencing a correction, which could be considered a p...
Reuters
49 minutes ago
GRAINS-Soybeans fall for second session on US tariff uncertainty
China less likely to buy U.S. beans after Supreme Court decisionWheat drops from highest since June, corn prices fallBy Naveen Thukral SINGAPORE, Feb 23 (Reuters) - Chicago soybean futures slid on Monday, falling further from last week's three-month high as uncertainty over U.S. tariffs added...
Reuters
59 minutes ago
PRECIOUS-Gold rises as dollar falls on US Supreme Court tariff verdict
Feb 23 (Reuters) - Gold rose to a more than three-week high on Monday, as the dollar fell after the U.S. Supreme Court struck down a vast swathe of President Donald Trump's tariffs on Friday and as U.S.-Iran tensions simmered. FUNDAMENTALSSpot gold XAU= climbed 1.2% to $5,163.60 per ounce...
Reuters
an hour ago
Goldman Sachs Raises Brent/WTI Forecast For 2026Q4 By $6 To $60/56
Feb 23 (Reuters) - GOLDMAN SACHS: ASSUMES NO IRAN-RELATED DISRUPTION TO OIL SUPPLY AND MAINTAINS 2026 SURPLUSRAISES BRENT/WTI FORECAST FOR 2026Q4 BY $6 TO $60/56 ON LOWER OECD STOCKSEXPECTS BRENT/WTI TO AVERAGE $65/61 IN 2027 AND TO RECOVER TO $70/66 BY DECEMBER 2027 ON SOLID DEMAND AND SLOWING SUPP...
Reuters
2 hours ago
WTI keeps the red above mid-$65.00s amid trade-war fears, US-Iran tensions offer support
West Texas Intermediate (WTI) US Crude Oil prices open with a bearish gap at the start of a new week and move further away from the highest level since August 4, around the $68.00 mark, touched last Friday.
WTI
Fxstreet
2 hours ago
GRAINS-Soybeans down for second session on US tariff uncertainty
SINGAPORE, Feb 23 (Reuters) - Chicago soybean futures slid on Monday, falling further from last week's three-month high as uncertainty over U.S. tariffs added pressure, after the Supreme Court struck down President Donald Trump's sweeping tariffs.Wheat fell for the first time in four session...
Reuters
2 hours ago
Indonesia's Pertamina to maintain bidding process for US energy imports
JAKARTA, Feb 20 (Reuters) - Indonesian state oil and gas firm Pertamina [RIC:RIC:PERTM.UL] said on Friday that energy product imports from the U.S. will still be conducted through a bidding process following the conclusion of a trade deal between the two countries. Indonesia and the U.S. finalised a...
Reuters
3 hours ago
Gold rises to near $5,100 as Trump’s tariffs boost haven demand, US-Iran talks eyed
Gold price (XAU/USD) edges higher to near $5,095 during the early Asian session on Monday. The precious metal extends the rally amid US President Donald Trump’s tariff threats and uncertainty, boosting safe-haven flows.
Gold
Fxstreet
4 hours ago
New York, other states under state of emergency as snow falls amid blizzard warning
NEW YORK, Feb 22 (Reuters) - New York, New Jersey, Connecticut and Massachusetts governors issued state of emergency orders and a halt to non-essential travel as a major storm was expected to bring up to 24 inches of snow and strong winds to the region. Around 15,247 flights were delayed by earl...
Reuters
9 hours ago
Iranian president says recent talks with US 'yielded encouraging signals'
CAIRO, Feb 22 (Reuters) - Iranian President Masoud Pezeshkian said on Sunday that recent negotiations with the U.S. "yielded encouraging signals"."We continue to closely monitor U.S. actions and have made all necessary preparations for any potential scenario," he said in a post on X.
Reuters
10 hours ago
Oman confirms US-Iran talks in Geneva on Thursday
CAIRO, Feb 22 (Reuters) - Oman's foreign minister confirmed U.S.-Iran talks are set to take place in Geneva on Thursday.Oman's foreign minister, whose country has mediated talks between the two sides, said the talks are set "with a positive push to go the extra mile towards finalising th...
Reuters
10 hours ago
Iran agreed secret shoulder-fired missile deal with Russia, FT reports
Feb 22 (Reuters) - Iran agreed a secret 500 million euro ($589 million) arms deal with Russia to acquire thousands of advanced shoulder-fired missiles, the Financial Times reported on Sunday. The agreement, signed in Moscow in December, commits Russia to deliver 500 man-portable "Verba" laun...
Reuters
11 hours ago
Iran agreed secret shoulder-fired missile deal with Russia, FT reports
Feb 22 (Reuters) - Iran agreed a secret 500 million euro ($589 million) arms deal with Russia to acquire thousands of advanced shoulder-fired missiles, the Financial Times reported on Sunday. The agreement, signed in Moscow in December, commits Russia to deliver 500 man-portable "Verba" laun...
Reuters
12 hours ago
Greenland prime minister says 'no thanks' to Trump's hospital ship
COPENHAGEN, Feb 22 (Reuters) - Greenland's Prime Minister Jens-Frederik Nielsen said on Sunday "no thanks" to U.S. President Donald Trump's idea of sending a hospital ship to Greenland, a territory that Trump has repeatedly said he wishes to take over.Trump said on Saturday on social...
Reuters
12 hours ago
Greenland prime minister rejects US offer to send hospital ship
COPENHAGEN, Feb 22 (Reuters) - Greenland's Prime Minister Jens-Frederik Nielsen said on Sunday "no thanks" to U.S. President Donald Trump's idea of sending a hospital ship to Greenland.Trump on Saturday said he was working with Louisiana Governor Jeff Landry, the president's spec...
Reuters
13 hours ago
U.S.-Iran talks expected Friday if Iran sends nuclear proposal soon, Axios reports
Feb 22 (Reuters) - United States negotiators are ready to hold another round of talks with Iran on Friday in Geneva if they receive a detailed Iranian proposal for a nuclear deal in the next 48 hours, Axios reported on Sunday, citing a senior U.S. official. Reuters could not immediately verify the r...
Reuters
14 hours ago
US airlines warn over pause in two key travel programs amid DHS shutdown
Feb 21 (Reuters) - A grouping of major U.S. airlines said the U.S. Department of Homeland Security gave travelers scant warning ahead of the temporary suspension of its PreCheck and Global Entry programs from Sunday, amid a shutdown of much of the agency.The halt in the programs run by the DHS will ...
Reuters
21 hours ago
US DHS to pause TSA PreCheck and Global Entry as shutdown continues, Washington Post reports
Feb 21 (Reuters) - The U.S. Department of Homeland Security will suspend the Transportation Security Administration's PreCheck and Global Entry programs due to the shutdown of much of the agency, the Washington Post reported on Saturday, citing a DHS spokesperson.The department is pausing its th...
Reuters
Sun, Feb 22
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