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Japan Not yet Planning Hormuz Escort Mission, Pm Takaichi Says
TOKYO, March 16 (Reuters) - Japan does not currently plan to dispatch naval vessels to escort ships in the Middle East, Prime Minister Sanae Takaichi said on Monday, after U.S. President Donald Trump called on allies to help escort tankers through the Strait of Hormuz.
Reuters
56 minutes ago
GRAINS-Chicago soybeans fall on potential Trump-Xi meeting delay
Beijing, March 16 (Reuters) - Chicago soybean futures fell on Monday after hitting a near two-year high last week, as the market grapples with the news of a potential delay of U.S President Donald Trump's meeting with Chinese President Xi Jinping later this monthThe most-active soybean contract ...Reuters
14 minutes ago
VEGOILS-Palm opens more than 1% higher on strong rival Dalian, export data
KUALA LUMPUR, March 16 (Reuters) - Malaysian palm oil futures opened more than 1% higher on Monday, extending gains for a fourth straight session, supported by strength in rival Dalian oils and export data, though weaker Chicago soyoil and crude oil prices capped the rise. The benchmark palm oil co...Reuters
39 minutes ago
PRECIOUS-Gold edges lower as higher energy prices dim rate‑cut hopes
Oil remains above $100 as Middle East conflict enters third weekTrump says U.S. is talking to seven nations about securing Strait of HormuzFed expected to hold rates at the end of its two-day meeting on WednesdayBy Noel John March 16 (Reuters) - Gold edged lower on Monday, weighed down by waning ...Reuters
40 minutes ago
TECHNICALS-CBOT corn neutral in $4.64-1/4 to $4.68-3/4 range
SINGAPORE, March 16 (Reuters) - CBOT corn CK26 looks neutral in a range of $4.64-1/4 to $4.68-3/4 per bushel, and an escape could suggest a direction.A break above $4.68-3/4 may lead to a gain into a $4.71-3/4 to $4.76 range, while a break below $4.64-1/4 could trigger a fall into a $4.57 to $4.60-3...Reuters
41 minutes ago
Japan not planning Hormuz escort mission, PM Takaichi says
By Tim KellyTOKYO, March 16 (Reuters) - Japan has no plan to dispatch naval vessels to escort vessels in the Middle East, Prime Minister Sanae Takaichi said on Monday, after U.S. President Donald Trump called on allies to protect tankers traversing through the Strait of Hormuz. "We have not made...Reuters
49 minutes ago
TECHNICALS-CBOT soybeans may retest support at $11.92-1/4
For more technical analyses, please click SINGAPORE, March 16 (Reuters) - The CBOT soybean May contract SK26 may retest a support at $11.92-1/4 per bushel, a break below could trigger a fall into the $11.78 to $11.86-1/4 range.Following its steep drop from $12.33-3/4 on March 8, the contract briefly...Reuters
50 minutes ago
Nebraska battles largest-ever wildfire and other blazes as more than 600,000 acres burn
By Kenrick Cai SAN FRANCISCO, March 15 (Reuters) - Multiple wildfires, including the largest in Nebraska's history, have burned through more than 600,000 acres of the state, local officials said Sunday.As of Saturday, the biggest wildfire, the Morrill Fire, had burned 460,000 acres and killed...Reuters
54 minutes ago
GRAINS-Chicago soybeans fell as global market grapples with Iran crisis
Beijing, March 16 (Reuters) - Chicago soybean futures fell on Monday after hitting a near two-year high last week, as oil prices slipped and the market grappled with further disruptions from the Iran crisis. FUNDAMENTALSThe most-active soybean contract on the Chicago Board of Trade Sv1 fell 2% ...Reuters
an hour ago
WRAPUP 13-Trump demands other countries help secure vital Strait of Hormuz as Iran vows defiance
Trump says U.S. is talking to seven nations about securing Strait of Hormuz US officials predict quick end to conflict, oil price dropIran asserts strength, rejects any talks with USGlobal oil supply disrupted, Strait of Hormuz remains closedBy Maya Gebeily, Emily Rose and Jarrett Renshaw DUBAI/J...Reuters
2 hours ago
US Dollar Index remains above 100.00 after pulling back from nearly 10-month highs
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, retreats after touching a near 10-month high of 100.54 in the previous session, trading around 100.20 during Asian hours on Monday.
Fxstreet
2 hours ago
Oil slips as Trump presses other countries to help secure Strait of Hormuz
U.S. in talks with other countries to protect Strait of Hormuz, Trump saysBrent, WTI have surged more than 40% this monthUS hit military targets on Iran's Kharg Island oil export hubOil reserves to begin flowing to market soon, IEA saysTrump rejects efforts to launch Iran ceasefire talks, source...Reuters
2 hours ago
PRECIOUS-Gold steady as weaker dollar offsets fading rate‑cut hopes
March 16 (Reuters) - Gold prices were steady on Monday after paring a near 1% fall earlier in the session, as a softer dollar helped offset waning hopes of near‑term U.S. interest‑rate cuts due to elevated energy prices. FUNDAMENTALSSpot gold XAU= was unchanged at $5,017.53 per ounce, as of 010...Reuters
2 hours ago
US, China seek to wrap Paris talks on managed trade, agriculture deals for Xi-Trump summit
Talks in Paris seek to tee up proposals for Trump, Xi to consider in Beijing China open to additional purchases of U.S. agriculture goods -sources familiar with talksU.S., China said to explore new mechanisms for managing trade, investmentsTrump tells FT he may delay meeting with Xi over Hormuz stra...Reuters
3 hours ago
Lynas And US DoW Sign Letter Of Intent For Rare Earth Supply
March 16 (Reuters) - Lynas Rare Earths Ltd LYC.AX:LYNAS AND US DOW SIGN LETTER OF INTENT FOR RARE EARTH SUPPLYUNDER THIS ARRANGEMENT, APPROXIMATELY US$96 MILLION WILL BE ALLOCATED BY DOW TO PURCHASE OF LIGHT AND HEAVY RARE EARTH OXIDE PRODUCTS FROM LYNASFLOOR PRICE FOR SUPPLY OF NDPR OXIDE WILL BE U...Reuters
3 hours ago
Breaking: Gold Falls Below $5,000 as Oil-driven Inflation Fears Weigh
Gold price (XAU/USD) tumbles to around $4,980 during the early Asian session on Monday. The precious metal faces some selling pressure despite intense geopolitical conflict in the Middle East. Traders will closely monitor the developments surrounding the United States (US)-Israel war with Iran.Fxstreet
3 hours ago
Silver Price Forecast: XAG/USD Bounces Off Two-week Low; Retakes $81.00 Amid Bearish Setup
Silver (XAG/USD) stages a modest recovery from a nearly two-week low, around the $78.35 region touched during the Asian session on Monday, and climbs back above the $81.00 mark in the last hour.Fxstreet
3 hours ago
