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US exporters race to ship soybeans as looming election stokes tariff worries

US exporters race to ship soybeans as looming election stokes tariff worries Soybean export premiums at 14-month high due to record U.S. harvest Chinese importers shun U.S. soybeans over tariff threats, shift to Brazilian soy Immediate shipment premiums likely to erode as near-term demand is met By Karl Plume CHICAGO, Oct 22 (Reuters) - U.S. soybean export premiums are at their highest in 14 months, as grain merchants race to ship out a record-large U.S.

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Daily Comment – Demand for safe assets lingers

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Weekly Technical Outlook – USDCAD, EURUSD, GBPUSD

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Technical Analysis – EURUSD retests 200-SMA near 1.0870

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Idea Dagangan

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Sentimen Pasaran

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Safe-haven demand secures gold near all-time highs

PRECIOUS-Safe-haven demand secures gold near all-time highs Gold has risen more than 32% so far this year We should see silver cross above $35/oZ - analyst Recasts as of 0936 GMT By Anushree Mukherjee Oct 22 (Reuters) - Gold climbed on Tuesday, trading not too far away from the record peak it hit in the last session, as concerns over rising geopolitical tensions, U.S.
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Rupee slips to all-time low on weak Asia FX, likely equity outflows

INDIA RUPEE-Rupee slips to all-time low on weak Asia FX, likely equity outflows Updates to add details, analyst comment By Jaspreet Kalra MUMBAI, Oct 22 (Reuters) - The Indian rupee slipped to an all-time low on Tuesday, pressured by weakness in its regional peers and likely outflows from local equities, although the Reserve Bank of India's intervention helped curb sharp declines, traders said.
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Bonds bowl over the pins, IMF forecasts due

MORNING BID AMERICAS-Bonds bowl over the pins, IMF forecasts due A look at the day ahead in U.S. and global markets from Mike Dolan U.S. Treasuries are starting to balk at post-election fiscal prospects and the resulting spike in benchmark borrowing rates has knocked stock markets off their perch and lifted the dollar to its best level since early August.
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What to expect in 2024: Forecasts for GDP, inflation and other assets

FACTBOX-What to expect in 2024: Forecasts for GDP, inflation and other assets Updates with UBS Global Research and JPM's China GDP targets; WFII's S&P 500 target; JPM's Global, U.S., and UK GDP forecasts Oct 22 (Reuters) - The U.S. Federal Reserve cut interest rates by an oversized 50 basis points (bps) in its Sept 17-18 meeting that Chair Jerome Powell said was meant to show policymakers' commitment to sustaining a low unemployment rate now that inflation had eased.
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Federal Reserve Events

DIARY-Federal Reserve Events ***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2024 November 6-7 (second day: statement released 1400 EST/1900 GMT; news conference expected 1430 EST/1930 GMT) December 17-18 (second day: statement released 1400 EST/1900 GMT; news conference expected 1430 EST/1930 GMT) 2025 January 28-29 (second day: statement released 1400 EST/1900 GMT; news conference expected 1430 EST/1930 GMT) M

US exporters race to ship soybeans as looming election stokes tariff worries

US exporters race to ship soybeans as looming election stokes tariff worries Soybean export premiums at 14-month high due to record U.S. harvest Chinese importers shun U.S. soybeans over tariff threats, shift to Brazilian soy Immediate shipment premiums likely to erode as near-term demand is met By Karl Plume CHICAGO, Oct 22 (Reuters) - U.S. soybean export premiums are at their highest in 14 months, as grain merchants race to ship out a record-large U.S.

Asia Naphtha/Gasoline-Naphtha and gasoline margins dip from previous session

Asia Naphtha/Gasoline-Naphtha and gasoline margins dip from previous session Oct 22 (Reuters) - Asia's naphtha margins dipped further by $1.01 to $108.43 per metric ton over Brent crude. Petrochemical demand could strengthen going forward as the cracker turnaround season wraps up by November, an LSEG report stated. South Korean GS Caltex's 750,000-metric-ton-per-year mixed-feed cracker is expected to complete its 65-day turnaround and debottlenecking process next month, with the unit's ethylene

Ugandan shilling little-changed, slight pressure from bank FX demand

Ugandan shilling little-changed, slight pressure from bank FX demand KAMPALA, Oct 22 (Reuters) - The Ugandan shilling UGX= traded little-changed on Tuesday, but was under slight pressure as commercial banks sought foreign currency, traders said. At 0941 GMT commercial banks quoted the shilling at 3,660/3,670, compared to Monday's close of 3,658/3,6

India's Authum Investment & Infrastructure falls 11% on Q2 profit slump

BUZZ-India's Authum Investment & Infrastructure falls 11% on Q2 profit slump ** Shares of non-banking finance co Authum Investment & Infrastructure AUTH.NS fall 11% to 1,662 rupees ** AUTH set for its worst session in over four months ** Co reports a ~57% slump in Sept-qtr consol profit to 8.43 billion rupees ($5.1 million) while rev from ops fell

Russian rouble strengthens vs dollar ahead of central bank rate decision

Russian rouble strengthens vs dollar ahead of central bank rate decision MOSCOW, Oct 22 (Reuters) - The Russian rouble strengthened against the U.S. dollar but weakened against China's yuan on Tuesday ahead of an anticipated rate hike at the central bank's Oct. 25 board meeting. At 0930 GMT, the rouble CNYRUB= was down 0.26% at 13.47 against the yuan, and RUB= up 0.4% at 96.40 against the dollar, according to data compiled by LSEG.
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ASML expects growth in 2026, China row to continue, CEO says

UPDATE 1-ASML expects growth in 2026, US-China row to continue, CEO says Updates in paragraphs 2-10 with quotes, share price ASML expects slower growth in 2025 due to weak electronics markets CEO Fouquet anticipates continued U.S. pressure on ASML's China exports Sees 2026 growth, shares up 1.8% LONDON, Oct 22 (Reuters) - The CEO of leading computer chip equipment maker ASML ASML.AS said on Tuesday he expects that 2026 will be a growth year for the company and that the U.S.
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Futures under pressure as earnings loom; yields rise

US STOCKS-Futures under pressure as earnings loom; yields rise For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures down: Dow 0.32%, S&P 500 0.36%, Nasdaq 0.44% Oct 22 (Reuters) - U.S. stock index futures fell on Tuesday, as a selloff in bonds pushed Treasury yields higher, pressuring rate-sensitive stocks, while investors awaited a deluge of corporate earnings for a clearer market direction.
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Bids for new Italian energy hub project due by Oct. 31, sources say

Bids for new Italian energy hub project due by Oct. 31, sources say By Giancarlo Navach MILAN, Oct 22 (Reuters) - Suitors for a stake in a future venture combining Italian energy firm Sorgenia's assets with those of solar power firm EF Solare are due to file their binding bids by the end of October, two sources close to the matter said. The buyer would take a 27.6% stake in Sorgenia, held by Spanish fund firm Asterion, to become a shareholder in a new unified energy player with a stake of nearly
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India's Bajaj Finserv says Allianz considering exiting insurance JVs

UPDATE 1-India's Bajaj Finserv says Allianz considering exiting insurance JVs Adds details from Bloomberg News report in paragraphs 4-6, background BENGALURU, Oct 22 (Reuters) - India's Bajaj Finserv BJFS.NS said on Tuesday that Allianz SE ALVG.DE is considering exiting its life and general insurance joint ventures with the Bajaj Group, potentially ending a decades-old partnership .
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Shanghai bourse adjusts alumina trading limit, margin ratio after price rally

Shanghai bourse adjusts alumina trading limit, margin ratio after price rally BEIJING, Oct 22 (Reuters) - The Shanghai Futures Exchange said on Tuesday that it would adjust the trading limit and margin ratio for heading transactions for alumina futures contracts to 9% and 10%, respectively, from 8% and 9% previously . All adjustments will take effect from the close of settlement on October 23, the bourse added.

Czech 9M Car Production Rises 7.8% Y/Y To 1.097 Million -CTK

BRIEF-Czech 9M Car Production Rises 7.8% Y/Y To 1.097 Million -CTK Oct 22 (Reuters) - CZECH CAR PRODUCTION RISES 7.8% Y/Y TO 1.097 MILLION IN FIRST NINE MONTHS OF 2024 -CTK NEWS AGENCY Source text for Eikon: [ID:] Further company coverage: [VOWG_p.DE] 005380.KS 7203.T
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India, Pakistan arrest farmers for burning crop waste as pollution rises

UPDATE 1-India, Pakistan arrest farmers for burning crop waste as pollution rises 16 farmers arrested in India's Haryana for stubble burning Delhi's air quality remains 'very poor' with AQI of 320 Pakistan's Punjab province also battles pollution Adds Pakistan authorities' anti-pollution campaign in paragraphs 7-9 By Sakshi Dayal and Ainnie Arif NEW DELHI, Oct 22 (Reuters) - At least 16 farmers have been arrested in India's northern state of Haryana for illegally burning paddy stubble to clear f

PREVIEW: Sherwin-Williams shares turn red; Q3 EPS, rev seen rising

RPT-BUZZ-PREVIEW: Sherwin-Williams shares turn red; Q3 EPS, rev seen rising Repeats with no changes ahead of report ** Shares of paint company Sherwin-Williams SHW.N were down 1.4% on Monday, heading for third straight day of declines before release of third-quarter report before market open on Tuesday ** Wall Street sees SHW reporting adj EPS of $3.54 vs $3.20 in year-ago quarter on rev of $6.2 bln, which would be up 1.4% y/y, according to the latest data from LSEG ** In last 8 quarters, SHW EP
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First estimates see Russia's 2025 wheat crop close to this year's level

UPDATE 1-First estimates see Russia's 2025 wheat crop close to this year's level Releads, adds quote in paragraphs 4-5, new information in paragraphs 2,3, 6-10 MOSCOW, Oct 22 (Reuters) - Next year's wheat harvest in Russia, the world's top exporter of the grain, is seen at around this year's level, according to the first early estimates released by the country's leading agriculture consultancies on Tuesday.

Betting on M&A? Here's what to own

LIVE MARKETS-Betting on M&A? Here's what to own STOXX 600 down 0.6% SAP earnings lift tech Utilities drag HSBC announces overhaul Wall St futures edge lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BETTING ON M&A? HERE'S WHAT TO OWN The easing of monetary policies in major economies has not only energized stock markets but is also boosting M&A by making debt more affordabl
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