Florida ports closed, navigation restricted in South Carolina ahead of Milton

HOUSTON (Reuters) – Most Florida ports including Tampa and Sarasota were closed on Tuesday to all vessel traffic ahead of Hurricane Milton, while terminals in South Carolina including Charleston began…

USD/JPY outlook heading into elections – Citi

Investing.com – The USD/JPY pair has seen volatile trading of late, and Citigroup discusses its likely movements with both Japan and the US hosting elections in the near future. At…

Tickmill UK Reports Revenue Rise to £6.6 Million While Net Profit Drops to £77.5K

Tickmill UK Ltd, a unit of the Tickmill Group regulated by the Financial Conduct Authority (FCA ), has published its financial results for the year ending December 31, 2023. The…

Gold ETFs registered fifth month of inflows in September, says WGC

LONDON (Reuters) – Global physically backed gold exchange-traded funds (ETFs) registered a fifth consecutive month of inflows in September as North America-listed funds added to their holdings, the World Gold…

In final rule, EPA requires removal of all US lead pipes in a decade

(Reuters) – The Biden administration finalized a landmark rule on Tuesday that would require water utilities to replace virtually every lead pipe in the country within 10 years, tackling a…

Oil rally pauses; Middle East, Hurricane Milton concerns remain

Investing.com — Oil prices fell Tuesday, hit by a degree of profit-taking after the worsening conflict in the Middle East drove strong gains through the past week.  At 08:05 ET…

HSBC raises its average gold price forecasts

Investing.com — HSBC on Tuesday lifted its average gold price forecasts, a move driven by a combination of geopolitical risks, expectations of continued monetary easing, and fiscal imbalances. The bank…

China is oversupplying lithium to eliminate rivals, US official says

By Sergio Goncalves LISBON (Reuters) – Chinese lithium producers are flooding the global market with the critical metal and causing a “predatory” price drop as they seek to eliminate competing…

Oil rally pauses as investors await Israeli response

By Arunima Kumar LONDON (Reuters) -A rally in oil prices took a break on Tuesday as the market waits for Israel’s response to last week’s Iranian rocket attacks that triggered…

Morning Bid: Stocks stall, Hang Seng decimated, oil ebbs

A look at the day ahead in U.S. and global markets from Mike Dolan World markets painted a messy picture on Tuesday, with recently pumped-up crude oil prices retreating sharply…