News
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Commodities
Europe Gasoline/Naphtha-Gasoline margins climb to 3-month high
LONDON, Feb 3 (Reuters) - Northwest European gasoline refining profit margins on Monday to a more than 3-month high of $9.49 a barrel on Monday as trading volumes improved and as the market weighed the impact of U.S. tariffs. A total of 8,000 metric tons of E5 gasoline traded, following a quiet sess...Reuters
Feb 3, 2025
Commodities
EXCLUSIVE-US gold magnet: banks fly bullion from Asia-focused hubs to benefit from premium
By Rajendra Jadhav MUMBAI, Feb 3 (Reuters) - Global bullion banks are flying gold into the United States from trading hubs catering to Asian consumers, including Dubai and Hong Kong, to capitalize on the unusually high premium that U.S. gold futures are enjoying over spot prices.Traditionally, bu...Reuters
Feb 3, 2025
Stocks
GLOBAL MARKETS-Wall Street joins global stock slide, pares losses with Mexico tariff pause
Trump tariff announcements prompt global stock sell-offMexico tariffs paused; Sheinbaum agrees to boost border securityU.S. factory activity returns to expansionGold touches record highUpdates to early afternoonBy Stephen Culp NEW YORK, Feb 3 (Reuters) - U.S. stocks joined a worldwide sell-off on...Reuters
Feb 3, 2025
Stocks
US STOCKS-Wall St cuts losses after Trump pauses tariffs on Mexico for a month
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Automakers, chip firms cut losses on Mexico tariff delayWall Street's "fear gauge" falls back from one-week highIndexes down: Dow 0.34%, S&P 500 0.80%, Nasdaq 1.23%Updates price...Reuters
Feb 3, 2025
Forex
Mexican Peso rallies as US-Mexico tariff pause eases tensions
The Mexican Peso (MXN) recovered some ground after weakening to an almost three-year low of 21.28 against the US Dollar (USD) as United States (US) President Donald Trump and Mexican President Claudia Sheinbaum agreed to pause tariffs for one month as they compromise to cooperate in security and trade.
Fxstreet
Feb 3, 2025
Other
US consumer bureau won't defend Biden-era rules in court after chief was fired
By Jonathan Stempel Feb 3 (Reuters) - The U.S. Consumer Financial Protection Bureau is refusing to defend Biden administration-era rules in court after its director was fired by President Donald Trump.In "emergency" notices filed on Monday with the 5th U.S. Circuit Court of Appeals in New...Reuters
Feb 3, 2025
Commodities
Europe soaked up nearly all US LNG exports last month, data show
U.S. steps up LNG exports to EuropeAlmost 9 in every 10 LNG cargoes sold to continent in JanuaryExports fall short of new record on Freeport LNG's outages By Curtis Williams HOUSTON, Feb 3 (Reuters) - U.S. exports of liquefied natural gas (LNG) to Europe jumped in January as cold weather ...Reuters
Feb 3, 2025
Other
Trump administration moves to terminate some Venezuelan deportation protections
WASHINGTON, Feb 3 (Reuters) - U.S. Homeland Security Secretary Kristi Noem on Monday moved to terminate deportation relief for hundreds of thousands of Venezuelans in the U.S., part of President Donald Trump's expanding immigration crackdown. The termination will be effective 60 days after publi...Reuters
Feb 3, 2025
Commodities
Power Up: Oil markets ready for Trump’s tariffs
Power Up is published on Mondays and Thursdays. Think your friend or colleague should know about us? Forward this newsletter to them. They can also subscribe here. Feb 3 - By Liz HamptonU.S. Energy Markets Editor Hello Power Up readers! U.S. President Donald Trump's tariffs are domin...Reuters
Feb 3, 2025
Stocks
LIVE MARKETS-So goes January, so goes the year?
U.S. stock indexes red, but off worst levels; Nasdaq down >1%President Trump will pause new tariffs on Mexico for one month Euro STOXX 600 index down ~1%Dollar falls; crude, gold gain; bitcoin rallies >1%U.S. 10-Year Treasury yield falls to ~4.52%Welcome to the home for real-time coverage of m...Reuters
Feb 3, 2025
Other
BRIEF-On Feb 17, Google ADS Gambling & Games Policy Philippines Country-Specifics Will Be Updated
Feb 3 (Reuters) - Google :GOOGLE : ON FEB 17, GOOGLE ADS GAMBLING & GAMES POLICY PHILIPPINES COUNTRY-SPECIFICS WILL BE UPDATEDGOOGLE: IN ADDITION TO PHILIPPINES STATE-RUN ENTITIES, CO WILL BEGIN ACCEPTING ADS BY STATE-LICENSED ENTITIESReuters
Feb 3, 2025
Commodities
METALS-Tariff-driven growth fears hit industrial metal prices
Updates prices LONDON, Feb 3 (Reuters) - Industrial metals prices came under pressure on the London Metal Exchange on Monday, with copper hitting a four-week low, pressured by worries that U.S. import tariffs would curb economic growth and demand.Benchmark LME copper CMCU3 firmed 0.5% to $9,098 a...Reuters
Feb 3, 2025
Other
WTW recruits former JLT execs Graziano, Giacobbe from Marsh following Donnelly hire
By James ThalerFeb 3 - (The Insurer) - WTW has recruited senior Marsh and former JLT Specialty executives Paul Graziano and Mike Giacobbe in a move that comes after WTW hired Lucy Clarke and Pat Donnelly from its rival into senior risk and broking (R&B) leadership roles, The Insurer can reveal.L...Reuters
Feb 3, 2025
Forex
Trump's tariffs raise fears Brazil's central bank is out of step on inflation
By Marcela Ayres BRASILIA, Feb 3 (Reuters) - Brazilian analysts say the tariffs announced by U.S. President Donald Trump against Canada, Mexico and China could cause a currency-related inflation surge in Latin America's largest economy, clouding the central bank's outlook for inte...Reuters
Feb 3, 2025
Other
Trump looking to revamp USAID with Musk help, senior White House official says
Adds more comments, paragraphs 3-4WASHINGTON, Feb 3 (Reuters) - President Donald Trump and his team are having discussions about merging USAID into the State Department in order to significantly reduce the size of the agency's workforce for efficiency purposes, a senior White House official told...Reuters
Feb 3, 2025
Other
Trump on possible UK tariffs: 'I think that one can be worked out'
Adds Starmer comments from Brussels and context, paragraphs 6-9 LONDON, Feb 3 (Reuters) - U.S. President Donald Trump has said that although Britain was "out of line" when it came to trade he thought it may be able to avoid tariffs, adding of the imbalance: "I think that one can be wo...Reuters
Feb 3, 2025
Stocks
British stocks finish off lows as Trump holds off on Mexico tariffs
FTSE 100 down 1%; FTSE 250 down 1.1%Updates with closing pricesBy Pranav Kashyap Feb 3 (Reuters) - Britain's benchmark FTSE 100 dropped on Monday following its best monthly performance in over two years as investors fretted that U.S. tariffs could fuel a global trade war. The indexes, however...Reuters
Feb 3, 2025
Other
BRIEF-In March,Google ADS Healthcare & Medicines Policy To Be Updated To Allow Recovery-Oriented Drug&Alcohol Addiction Services Promotion In Canada
Feb 3 (Reuters) - GOOGLE:GOOGLE:IN MARCH, GOOGLE ADS HEALTHCARE&MEDICINES POLICY TO BE UPDATED TO ALLOW RECOVERY-ORIENTED DRUG&ALCOHOL ADDICTION SERVICES PROMOTION IN CANADAReuters
Feb 3, 2025
