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Goldman Sachs sees medium-term gains for silver, warns of near-term risks
By Anmol ChoubeyOct 12 (Reuters) - Goldman Sachs said on Sunday that silver prices XAG= are likely to rise further in the medium term, driven by private investment flows similar to those boosting gold amid anticipated Federal Reserve rate cuts. The investment bank also warned, however, of heightened...Reuters
20 minutes ago
A Japanese Pinot Noir town blessed by climate change now worries about the weather
Rising temperatures suggest Yoichi may one day not be suitable for Pinot NoirPinot Noir is a particularly finicky grape to grow Farmers also fret about new autumn rains, increases in birds By Mariko KatsumuraYOICHI, Japan, Oct 13 (Reuters) - Climate change has helped make the small Japanese town of ...Reuters
25 minutes ago
Oil rebounds 1% after sharp losses on US-China tensions
By Florence Tan SINGAPORE, Oct 13 (Reuters) - Oil prices clawed back some gains on Monday after hitting five-month lows in the previous session as investors hoped potential talks between the presidents of the U.S. and China could ease trade tensions between the world's two largest economies a...Reuters
37 minutes ago
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Oct 13 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$62.37/$61.37res $63.97/$64.97Palm oil (3rd month)4,558/4,576/4,604 ringgitsup 4,530/4,503 ringgitWTI* (1st month)$58.27/$57.66res $59.86/$60.58Spot gold$4,079/$4,113s...Reuters
an hour ago
Trump tariff threat pushes oil to five-month low
HOUSTON, Oct 10 (Reuters) - Brent and U.S. crude futures fell more than $2 a barrel, or more than 3%, on Friday as U.S. President Donald Trump's threat to impose increased tariffs on China cast a shadow over the demand outlook in a market seen as oversupplied.
Reuters
an hour ago
Gold Price Forecast: XAU/USD rises to near $4,050 as Trump’s 100% tariffs ignite safe-haven demand
Gold price (XAU/USD) extends the rally to around $4,040 during the early Asian session on Monday. The escalating trade tensions between the United States (US) and China provide some support to the precious metal.
Fxstreet
an hour ago
At least 44 people dead after torrential rains in Mexico
MEXICO CITY, Oct 12 (Reuters) - At least 44 people were killed in Mexico after days of heavy rains and flooding, the government said on Sunday.Torrential rains from tropical storms Priscilla and Raymond triggered landslides and flooding across five states. There were 18 people killed in Veracruz sta...Reuters
8 hours ago
EU begins gradual rollout of digital border system
EU Entry/Exit System to be rolled out over six monthsPassport stamping to be replaced by digital recordsEU seeks tighter border controls amid immigration pressures BRUSSELS, Oct 12 (Reuters) - European Union member countries began rolling out a new entry and exit system on Sunday at the bloc’s e...Reuters
10 hours ago
Vance says ACA credits fuel fraud as Democrats push for extension to end shutdown
Vance says tax credits go to some deservedlyCriticized health insurance fraudDemocratic leader defends party's negotiation tacticBy Bo Erickson and Ted Hesson WASHINGTON, Oct 12 (Reuters) - Vice President JD Vance criticized Affordable Care Act tax credits on Sunday, labeling them vehicles fo...Reuters
10 hours ago
US condemns China's detention of dozens associated with Zion Church
WASHINGTON, Oct 12 (Reuters) - U.S. Secretary of State Marco Rubio on Sunday condemned China's recent detention of dozens of leaders of one of the largest unofficial Protestant churches in Beijing, describing the move as "hostility towards Christians."The Wall Street Journal reported tha...Reuters
12 hours ago
Russia suspends reduction to damper payment subsidy
MOSCOW, Oct 12 (Reuters) - Russia on Sunday suspended until May a reduction in the fuel damper payment subsidy to oil refineries, Russian news agencies reported.The damper is a payment to refineries to encourage them to sell their product on the domestic market instead of exporting it for a higher p...Reuters
13 hours ago
Russia imposes moratorium on nullifying fuel damper payments from October until May, RIA reports
MOSCOW, Oct 12 (Reuters) - Russia has imposed a moratorium on nullifying fuel damper payments until May next year, according to a presidential decree cited by the RIA state news agency. Fuel damper payments are subsidies paid to oil refineries to compensate for potential losses from withholding fue...Reuters
14 hours ago
Beijing blames US for raising trade tensions, defends rare earth curbs
China says Trump complaints about rare earth export curbs reveal 'double standards'China accuses US of violating spirit of Madrid talksNo immediate tit-for-tat tariff hike from China China promises easy licensing for civilian use of rare earth exportsBy Eduardo Baptista and Selena Li BEI...Reuters
16 hours ago
Taiwan sees no significant impact on chip sector from China rare earths curbs
TAIPEI, Oct 12 (Reuters) - No significant impact is expected on Taiwan's semiconductor industry from China's new curbs on rare earths as they differ from the metals needed for the chip sector, the island's economy ministry said on Sunday. China dramatically expanded its rare earths ...Reuters
16 hours ago
REFILE-Taiwan says still assessing impact of China rare earths curbs on chip industry
TAIPEI, Oct 12 (Reuters) - Most rare earth materials used in Taiwan are supplied by Europe, the United States and Japan, but the impact of China's new curbs on the semiconductor industry still needs to be assessed, the island's economy ministry said on Sunday.China dramatically expanded its ...Reuters
17 hours ago
EU begins gradual rollout of digital border system
EU Entry/Exit System to be rolled out over six monthsPassport stamping to be replaced by digital recordsEU seeks tighter border controls amid immigration pressures BRUSSELS, Oct 12 (Reuters) - European Union member countries began rolling out a new entry and exit system on Sunday at the bloc’s e...Reuters
22 hours ago
Australia considering critical minerals deal with US, The Age reports
SYDNEY, Oct 12 (Reuters) - Australia is mulling the introduction of mandated floor prices for critical minerals and funding for new rare earth projects as part of a proposed resources deal with the United States, The Age newspaper reported on Sunday.Government officials have initiated talks with min...Reuters
Sun, Oct 12
US military will use R&D money to pay troops if shutdown persists
Oct 11 (Reuters) - The Trump administration said on Saturday it would pay troops during the federal government shutdown by tapping unused funds that had been set aside for research and development. "I am using my authority, as Commander in Chief, to direct our Secretary of War, Pet...Reuters
Sat, Oct 11
Iran says it is open to 'fair, balanced' US nuclear proposal
DUBAI, Oct 11 (Reuters) - Iran welcomes a potential "fair and balanced" U.S. nuclear proposal, but Tehran has not received any proposal for negotiations, the country's top diplomat said on Saturday."If we receive a reasonable, balanced, and fair proposal from the Americans for negoti...Reuters
Sat, Oct 11
US Ambassador to India Gor says he discussed bilateral issues with PM Modi
Oct 11 (Reuters) - U.S. Ambassador to India Sergio Gor said he met with Indian Prime Minister Narendra Modi and discussed bilateral issues which included trade, defense and technology. Gor said he and Modi, in their first meeting in India, also discussed the importance of critical minerals to both t...Reuters
Sat, Oct 11
