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BREAKINGVIEWS-US-China tensions want for a circuit breaker
By Robyn Mak HONG KONG, Oct 13 (Reuters Breakingviews) - The truce between the United States and China always looked too good to last. What's surprising is how quickly it has fallen apart. The world's two largest economies are not holding back in showcasing their leverage over one another...Reuters
18 minutes ago
TECHNICALS-CBOT soybeans to retest support at $10.01-1/2
For more technical analyses, please click SINGAPORE, Oct 13 (Reuters) - The CBOT soybean November contract SX25 is expected to retest support at $10.01-1/2 per bushel, a break below could trigger a fall into the $9.90-1/2 to $9.95-1/4 range.The bounce from around $9.95-1/4 might have been driven by ...Reuters
35 minutes ago
South Korea says China monopoly on rare earths increases supply chain instability
SEOUL, Oct 13 (Reuters) - South Korea's industry ministry said on Monday that China's near-monopoly on rare earths increases instability in global supply chains, adding that it will talk with Chinese authorities to support stable supplies of the key materials.Reuters
an hour ago
Unipec diverts supertanker from Shandong port after US sanctions
By Florence Tan SINGAPORE, Oct 13 (Reuters) - A supertanker carrying oil to the Chinese port of Rizhao in Shandong province changed its destination from there over the weekend after the U.S. imposed sanctions on an import terminal at the port on Friday, LSEG data shows.The Very Large Crude Carrie...Reuters
an hour ago
Goldman Sachs sees medium-term gains for silver, warns of near-term risks
Oct 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.Reuters
2 hours ago
Delek Big Spring, Texas Refinery Reports Emissions on Friday
Oct 12 (Reuters) - DELEKDK.N: * REPORTS PER PROCEDURE, THE ELECTROSTATIC PRECIPITATOR IS REQUIRED TO BE OFF DURING INITIAL LIGHTING OF THE UNIT'S CO BOILER FUEL GAS SYSTEM. AS A RESULT OF THIS PROCESS, WE EXCEEDED THE REPORTABLE QUANTITY FOR OPACITY ON OCTOBER 10* REPORTS UNIT OPERATIONS ADJUSTE...Reuters
2 hours ago
GRAINS-Soybeans recover a little from Trump's China broadside
CANBERRA, Oct 13 (Reuters) - Chicago soybean futures steadied on Monday, after losing 1.5% in the last session when an escalation in U.S.-China trade tensions reduced hopes that Beijing would end its boycott of U.S. beans.Corn and wheat futures followed soybeans, rising slightly after dropping sharp...Reuters
2 hours ago
PRECIOUS-Gold hits record high as US-China trade concerns boost safe-haven demand
Oct 13 (Reuters) - Gold prices climbed to a record high on Monday, driven by safe-haven demand on fresh U.S.-China trade concerns, while broader economic and political uncertainties and expectations of further U.S. interest rate cuts also lent support.FUNDAMENTALS* Spot gold XAU= was up 0.6% at $4,0...Reuters
2 hours 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
3 hours 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
3 hours 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
3 hours 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
4 hours 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
4 hours 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
11 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
12 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
13 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
14 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
15 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
16 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
19 hours ago
