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TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Dec 8 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$64.38sup $63.54/$63.28Palm oil (3rd month)4,169/4,194 ringgitsup 4,128/4,103 ringgitWTI(1st month)$60.46/$61.14sup $60.04/$59.71Spot gold$4,195/$4,180/$4,156res $4,220/$4,...Reuters
27 minutes ago
Gold Price Forecast: XAU/USD drifts higher above $4,200 on Fed rate cut expectations
Gold price (XAU/USD) trades in positive territory near $4,205 during the early Asian session on Monday. The precious metal edges higher as markets widely expect the Federal Reserve (Fed) to cut interest rates at its December meeting on Wednesday.
Fxstreet
40 minutes ago
Oil holds at two-week highs on expected US rate cut, geopolitical risks
By Florence Tan SINGAPORE, Dec 8 (Reuters) - Oil prices hovered at two-week highs on Monday as investors expect a Federal Reserve interest rate cut this week that will lift economic growth and energy demand while eyeing geopolitical risks that threaten oil supplies from Russia and Venezuela.Brent...Reuters
51 minutes ago
RPT-ROI-G7’s Russian oil tanker ban shows teeth, but bite is in doubt: Bousso
By Ron Bousso LONDON, Dec 5 (Reuters) - The G7’s proposed plan to bar tankers from hauling Russian oil ups the ante in the West’s economic stand-off with Moscow, but the ultimate bite hinges on whether governments will ratchet up punishments on those skirting sanctions.And with Russian President ...Reuters
2 hours ago
Australia's Anson inks lithium supply MoU with US's Nusano for nuclear use
Dec 8 (Reuters) - Australia's Anson Resources ASN.AX said on Monday it signed a non-binding memorandum of understanding with Utah-based firm Nusano to supply lithium chloride for use in nuclear and advanced manufacturing applications.Under the MoU, Anson will supply lithium chloride samples from...Reuters
3 hours ago
Australia's Anson Resources signs lithium supply deal with US-based Nusano
Dec 8 (Reuters) - Australia's Anson Resources ASN.AX said on Monday it signed a non-binding memorandum of understanding with Utah-based firm Nusano to supply lithium chloride from its Green River Lithium Project for use in nuclear and advanced manufacturing applications.Reuters
4 hours ago
Treasury Secretary Bessent says he has divested his soybean farm
WASHINGTON, Dec 7 (Reuters) - U.S. Treasury Secretary Scott Bessent, a key figure in implementing President Donald Trump's economic agenda including tariffs, disclosed on Sunday that he has recently divested his interests in a soybean farm to comply with the ethics agreement he signed last Janua...Reuters
5 hours ago
US envoy says Ukraine peace deal is close but Moscow says it wants radical changes
Kellogg says peace deal 'almost there'Remaining issues are Donbas and nuclear power plant - KelloggKremlin says US should make radical changes Russia and Ukraine have suffered 2 million casualties - Kellogg By Guy Faulconbridge MOSCOW, Dec 7 (Reuters) - U.S. President Donald Trump's o...Reuters
14 hours ago
US envoy Kellogg says Ukraine peace deal is really close
Kellogg says peace deal 'almost there'Remaining issues are Donbas and nuclear power plantKellogg: Russia and Ukraine have suffered 2 million casualties By Guy Faulconbridge Dec 7 (Reuters) - U.S. President Donald Trump's outgoing Ukraine envoy said a deal to end the Ukraine war was &#...Reuters
17 hours ago
Asset manager Guggenheim plans Saudi presence as part of Gulf investment push
By Rachna Uppal ABU DHABI, Dec 7 (Reuters) - U.S.-based Guggenheim Investments, with assets of about $357 billion, is actively considering an office in Saudi Arabia and wants to capitalise on investment opportunities in infrastructure and transportation as part of its expansion in the Gulf regio...Reuters
17 hours ago
China's central bank buys gold for 13th consecutive month
SHENZHEN, China, Dec 7 (Reuters) - China kept adding gold to its reserves of the precious metal, with its holdings totalling 74.12 million fine troy ounces at the end of November from 74.09 million at the end of October, extending its buying spree for the 13th month in a row.The value of China's...Reuters
21 hours ago
Russian strike hits Ukrainian city of Kremenchuk, cutting utilities, mayor says
Dec 7 (Reuters) - Russian forces launched an overnight combined air strike on infrastructure in the central Ukrainian city of Kremenchuk, causing power and water outages, its mayor Vitalii Maletskyi said on Sunday.Located on the Dnipro River, Kremenchuk is a major industrial hub and home to one of U...Reuters
23 hours ago
Trump signs order to create food supply chain task forces to protect competition
WASHINGTON, Dec 6 (Reuters) - U.S. President Donald Trump has signed an executive order to establish food supply chain security task forces in the Justice Department and the Federal Trade Commission (FTC) to address risks from price fixing and anti-competitive behavior, the White House said on Satur...Reuters
Sat, Dec 6
Russian attack hits energy infrastructure in eight Ukrainian regions, Kyiv says
KYIV, Dec 6 (Reuters) - Russian drone and missile attacks hit energy infrastructure in eight Ukrainian regions overnight, causing blackouts, Ukraine's energy ministry said on Saturday."Emergency repair work is already underway where safety conditions permit. Energy companies are doing everyt...Reuters
Sat, Dec 6
Ukraine drones hit Russia's Ryazan, Voronezh regions, governors say
MOSCOW, Dec 6 (Reuters) - Ukrainian drones targeted Russia's Ryazan and Voronezh regions overnight, causing damage but no casualties, local governors said on Saturday.The attack sparked a fire on the roof of a multi-storey residential building, and debris from drones fell into the grounds of ...Reuters
Sat, Dec 6
EU plans strategic overhaul to fix energy grid bottlenecks, FT reports
Dec 6 (Reuters) - The EU will take a top-down approach to building a cross-border energy grid, as the bloc's Energy Commissioner Dan Jorgensen warned of billions lost from bottlenecks and failures to match supply with demand, the Financial Times reported on Saturday.Brussels will develop a plan ...Reuters
Sat, Dec 6
Arctic blast grips central, northeastern US in sub-freezing cold
Temperatures plunge as much as 20 degrees below averageChill stretches from Plains to mid-Atlantic, New EnglandCold snap hits records from Iowa prairie to upstate New York By Steve GormanDec 5 (Reuters) - A blast of Arctic air gripped much of the central and eastern portions of the U.S. on Friday in...Reuters
Fri, Dec 5
Putin, Modi agree to expand and widen India-Russia trade, strengthen friendship
Modi and Putin hold summit talks, countries sign multiple dealsMoscow seeks more Indian goods to rebalance trade flowsBoth sides adopt an economic cooperation plan to 2030Modi highlights enduring trust and long-standing partnershipPutin pledges uninterrupted fuel supplies, nuclear cooperationBy Shiv...Reuters
Fri, Dec 5
US Cash Crude-Grades eased as WTI/Brent spread holds below minus $4
HOUSTON, Dec 5 (Reuters) - U.S. cash crude grades eased on Friday, dealers said, as the spread between U.S. West Texas Intermediate crude and global benchmark Brent held below minus $4. WTI Midland eased 5 cents, while WTI at East Houston, also known as MEH, weakened 10 cents. Mars Sour eased 60 cen...Reuters
Fri, Dec 5
CIF/FOB Gulf Grain-Soybean and corn barge bids turn lower amid export demand uncertainty
CHICAGO, Dec 5 (Reuters) - Basis bids for corn and soybeans shipped by barge to U.S. Gulf Coast terminals fell on Friday, amid continued trader uncertainty about the pace of export demand - particularly by China, market sources said.U.S. Treasury Secretary Scott Bessent on Wednesday said China was p...Reuters
Fri, Dec 5
