Analysis: Commodities

Oil jumps to two-month high on easing lockdowns, positive vaccine results

By Scott DiSavino Oil prices on Monday jumped to their highest in over two months on positive early results on a potential coronavirus vaccine, optimism about a resumption in economic...

Nestle S A : Coffee company JDE Peet's to launch up top 2 bln euro IPO this week -sources

By Toby Sterling and Abhinav Ramnarayan Coffee company JDE Peet's will announce as early as Tuesday its intention to float on the Euronext stock exchange in Amsterdam in a deal that...

Copper : China's Jiangxi rolls out fiscal support for coronavirus-hit copper industry

By Tom Daly China's Jiangxi province on Thursday unveiled measures including tax breaks and preferential loan terms to help copper producers after the coronavirus outbreak hit demand and...

Oil surges more than 13% on hopes of output deal

By Jessica Resnick-Ault Crude futures surged for a second day on Friday, with both U.S. and Brent contracts posting their largest weekly percentage gains on record due to hopes that a...

Aluminium : China aluminium dances to its own beat as LME price stumbles

By Mai Nguyen A robust recovery in aluminium demand in China has boosted prices in the world's top consumer and producer of the metal by more than 10% in a month, but traders say weak...

Police arrest eight after violent protests at Indonesia's new nickel hub

Police in Indonesia's North Maluku province have arrested 8 people linked to a workers' demonstration that turned violent at a nickel project run by France's Eramet and China's Tsingshan Holding...

Gold hoarding investors avert coronavirus demand collapse - WGC

By Peter Hobson Massive stockpiling of gold by investors spooked by the coronavirus outbreak offset a collapse in jewellery production to keep global demand for the metal stable in the...

Exclusive: Venezuela asks Bank of England to sell its gold to U.N. for coronavirus relief - sources

By Corina Pons and Mayela Armas Venezuela is asking the Bank of England to sell part of the South American nation's gold reserves held in its coffers and send the proceeds to the United...

London Brent Oil : Why all eyes will be on the expiry of Brent oil futures this week

By Julia Payne The expiry of the June contract for Brent oil futures in Europe on Thursday will possibly be the most watched event in oil markets for some time after the U.S. benchmark...

Starbucks : Luckin Coffee delays annual filing amid accounting probes

Luckin Coffee Inc said on Wednesday it would not file its annual financial report on time as it was dealing with investigations into hundreds of millions of dollars worth of fabricated sales. ...

Stocks rise despite mixed earnings while investors weigh easing of lockdowns

Stock markets across the globe eked out gains on Tuesday, riding out sharp swings on Wall Street as mixed corporate earnings results and dramatic moves in oil prices delivered yet another dose of...

Brent rises on easing lockdowns, U.S. crude falls amid storage shortage

Oil prices fell on Tuesday with U.S. crude leading the decline, falling about 3% as domestic stockpiles were expected to have risen closer to record highs amid tightening storage despite plans to cut...

Rice : Vietnam PM says to fully resume rice exports from May

Vietnamese Prime Minister Nguyen Xuan Phuc on Tuesday agreed to fully resume the country's rice exports from May, the government said.

EU milk producers suffer export, consumption slump due to coronavirus

EU plans to help the dairy sector weather the coronavirus crisis by storing surplus milk have come under fire from milk producers as prolonging rather than solving the problem.

Gold : Shanghai gold boss wants super-sovereign currency for post-crisis times

The president of the Shanghai Gold Exchange called for a new super-sovereign currency to offset the global dominance of the U.S. dollar, which he predicted would decline long term, while gold prices...

Can gold love a coronavirus crisis?

Gold loves a crisis, the old adage goes. And with prices up 13% this year to their highest since 2012 and many predicting further gains as investors search for safe places to put their money, it looks...

Freight : Poland's LOT in talks to convert Boeing Dreamliners for freight

Polish airline LOT is in talks with Boeing to modify its 787 Dreamliner jets into temporary cargo carriers, a LOT spokesman told Reuters, in a move that could help to narrow losses from the...

Lockdowns keep retail buyers away in top gold hubs

Retail demand for physical gold suffered this week in top Asian hubs as jewellery shops remained shut due to coronavirus restrictions, but some regions saw steady buying from investors hunting for a...

Dollar stronger as euro zone stimulus uncertainty weighs on euro

The U.S. dollar edged higher against the euro in a choppy session on Thursday after a video conference of European Union leaders looking to set up a joint fund to avert an economic collapse in parts...