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Google deploys AI to speed up connections at PJM, largest US power grid
Electricity customers hope to cut wait times to connect to gridThe first time AI will be used to manage grid connectionsUS power demand jumps as Big Tech rolls out data centers for AIBy Laila Kearney NEW YORK, April 10 (Reuters) - Alphabet Inc's GOOGL.O Google unit is partnering with the larg...Reuters
Thu, Apr 10
Oil: Tariff pause provides some relief – ING
Oil prices rallied along with risk assets yesterday after President Trump paused reciprocal tariffs on most trading partners, at least those that haven’t retaliated yet. This puts tariffs back to the baseline 10%, ING’s commodity analysts Warren Patterson and Ewa Manthey note.Fxstreet
Thu, Apr 10
Trump signs executive order seeking to revitalize US shipbuilding
Lawmakers welcome order, plan legislation to move forwardUSTR says will finalize remedies, including possible fees, by mid-AprilTrump vows to spend 'a lot of money' on shipbuildingBy Andrea Shalal, Jonathan Saul, Lisa Baertlein WASHINGTON, April 10 (Reuters) - U.S. President Donald Trump ...Reuters
Thu, Apr 10
Singapore fuel oil stockpiles hit 16-week high as imports jump
SINGAPORE, April 10 (Reuters) - Singapore's onshore fuel oil stockpiles reached their highest in 16 weeks after imports soared, data showed on Thursday.Residual fuel inventories STKRS-SIN were at 22.02 million barrels (about 3.47 million metric tons) in the week to April 9, up 4.5% from the prev...Reuters
Thu, Apr 10
EUROPE GAS-Prices rebound after US tariff pause
LONDON, April 10 (Reuters) - Dutch and British gas prices rebounded on Thursday after U.S. President Donald Trump announced an immediate 90-day pause on tariffs for many trading partners.The benchmark Dutch front-month contract TRNLTTFMc1 was up 1.5 euros to 34.70 euros per megawatt hour (MWh) or $1...Reuters
Thu, Apr 10
Barry Callebaut CEO - We Have Shifting Landscape In U.S Which Has Temporarily Paused Some Networks Decisions That We Were Preparing In North America
April 10 (Reuters) - BARRY CALLEBAUT AG BARN.S:BARRY CALLEBAUT CEO ON CALL: WE HAVE A SHIFTING MACROECONOMIC LANDSCAPE IN THE UNITED STATES WHICH HAS TEMPORARILY PAUSED SOME NETWORKS DECISIONS THAT WE WERE PREPARING IN NORTH AMERICABARRY CALLEBAUT CEO ON CALL: THERE ARE SHORT TERM COST INCREASES THA...Reuters
Thu, Apr 10
METALS-London metals rise as Trump's tariff pause eases trade war jitters
SHANGHAI, April 10 (Reuters) - Base metals in London climbed on Thursday, supported by improved market sentiment after U.S. President Donald Trump decided to temporarily pause the recently imposed hefty duties on several countries.The benchmark three-month copper CMCU3 on the London Metal Exchange (...Reuters
Thu, Apr 10
Anglo's Australian coal mine stable after underground fire
Anglo says no signs of damage at the Moranbah North mineThe mine is among assets being sold to Peabody EnergyPeabody in contact with Anglo over impact of fireBy Felix Njini JOHANNESBURG, April 10 (Reuters) - The situation at Anglo American's AAL.L Moranbah North coal mine in Australia is...Reuters
Thu, Apr 10
GRAINS-Soybeans rise after Trump's tariff U-turn
CANBERRA, April 10 (Reuters) - Chicago soybean futures extended gains on Thursday after shooting up 2% in the previous session when U.S. President Donald Trump said he would pause tariff increases on dozens of countries to allow time for trade negotiations. Trump's stunning U-turn sent equities ...Reuters
Thu, Apr 10
Japan April-June crude steel output forecast to fall 4.9% on-year, METI says
Predicts 20.20 million tons of crude steel output for April-JuneMarks 6th consecutive quarterly decline, the lowest in 5 yearsForecast does not fully reflect impact of U.S. tariffsBy Yuka Obayashi TOKYO, April 10 (Reuters) - Japan's crude steel output, not yet factoring in the impact of U.S. ...Reuters
Thu, Apr 10
Malaysia's palm oil stocks rise for first time in 6 months in March
Palm oil stocks rise 3.52% m/m to 1.56 million tons in MarchOutput rises 16.76% m/m to 1.39 million tonsExports edge up 0.91% m/m to 1.01 million tonsImports surge 82.5% to 121,886 tons, highest in 21 monthsBy Ashley Tang and Rajendra Jadhav KUALA LUMPUR, April 10 (Reuters) - Malaysia's palm ...Reuters
Thu, Apr 10
Anglo's Australian coal mine stable after underground fire
JOHANNESBURG, April 10 (Reuters) - Anglo American AAL.L said on Thursday the situation at its Moranbah North coal mine is stable and there is no evidence of damage after a fire outbreak underground.Moranbah is part of a suite of steelmaking coal assets that Anglo is selling to Peabody Energy BTU.N i...Reuters
Thu, Apr 10
Gold price rallies further beyond $3,100, eyes all-time high amid US-China tariff war
Gold price (XAU/USD) builds on the previous day's strong move higher and gains some positive follow-through traction for the second consecutive day on Thursday. Despite the optimism led by US President Donald Trump's decision to pause reciprocal tariffs on most nations, concerns about escalating...
Fxstreet
Thu, Apr 10
India Gold price today: Gold extends recovery as US-China trade war deepens
Deepening US-China trade war continues to bolster the haven demand for Gold price in India on Thursday, even though the global stocks rebound on US President Donald Trump's "90-day pause" on reciprocal tariffs for all other countries.Fxstreet
Thu, Apr 10
Japan to act on Chinese steel imports if unfair practices found under WTO rules
TOKYO, April 10 (Reuters) - Japan's trade and industry ministry will consider taking action on imports of Chinese steel if any unfair practices are identified under World Trade Organization rules, a ministry official said on Thursday.The official also said that Japan will continue to urge the U....Reuters
Thu, Apr 10
Trump tariffs to have impact on cost of Orsted's US projects, CEO tells FT
April 10 (Reuters) - Denmark's Orsted ORSTED.CO would have a "meaningful impact" on the cost of its projects in the U.S. due to President Donald Trump's tariffs, CEO Rasmus Errboe told the Financial Times in an interview published on Thursday.Errboe told the newspaper that Revolution...Reuters
Thu, Apr 10
COLUMN-Want to cut your trade surplus with Trump? Crude, LNG and coal can help - a bit: Russell
By Clyde RussellLAUNCESTON, Australia, April 10 (Reuters) - Amid the market carnage and turmoil created by U.S. President Donald Trump's chaotic global tariff roll out and retreat, there are likely some clear trends that will emerge.One of these is that countries seeking to cut a deal with Trump...Reuters
Thu, Apr 10
EU weighs buying more US gas due to Trump tariff pressure, FT reports
April 10 (Reuters) - The European Union will consider buying more natural gas from the U.S. amid increasing pressure from President Donald Trump's tariffs, the bloc's Energy Commissioner Dan Jorgensen told the Financial Times in an interview published on Thursday.Reuters
Thu, Apr 10
China's soybean meal prices drop as soybean imports rise, tariff impact dims
Rising soy imports drag oilseed pricesChina's 84% tariff on US goods met with steady market responseRapeseed meal under pressure from surging Indian supplyBy Ella Cao and Lewis Jackson BEIJING, April 10 (Reuters) - China's soybean meal futures tumbled on Thursday, ending a five-session ra...Reuters
Thu, Apr 10
Trump tariffs to have impact on cost of Orsted's projects in the US, CEO tells FT
April 10 (Reuters) - Denmark's Orsted ORSTED.CO would have a "meaningful impact" on the cost of its projects in the U.S. due to President Donald Trump's tariffs, CEO Rasmus Errboe told the Financial Times in an interview published on Thursday.Reuters
Thu, Apr 10
Orsted CEO Errboe Says Trump's New Tariffs Would Have "Meaningful Impact" On Cost Of Its Projects In US - FT
April 10 (Reuters) - ORSTED CEO ERRBOE SAYS TRUMP’S NEW TARIFFS WOULD HAVE A “MEANINGFUL IMPACT” ON THE COST OF ITS PROJECTS IN THE US - FTSource text: https://tinyurl.com/27dar5jeReuters
Thu, Apr 10
WTI declines below $61.50 as trade war escalates
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.45 during the early Asian session on Thursday. The WTI price tumbles amid the escalating trade war between the US and China, and fears of a slowdown in economic growth and energy demand.Fxstreet
Thu, Apr 10
Silver Price Forecast: XAG/USD holds gains above $31.00 due to renewed safe-haven demand
Silver price (XAG/USD) continues to climb for the second straight day, trading near $31.10 per troy ounce during Thursday’s Asian session. The grey metal surged nearly 4% in the previous session, fueled by renewed safe-haven demand following escalating US-China trade tensions.
Fxstreet
Thu, Apr 10