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Mixed global signals, Indonesia rate call eyed

MORNING BID ASIA-Mixed global signals, Indonesia rate call eyed By Jamie McGeever July 17 (Reuters) - A look at the day ahead in Asian markets. A mixed day in world markets on Monday suggests there will be no clear narrative driving Asian markets at the open on Tuesday, with investors still leaning on U.S. earnings, remarks from Fed officials and signals from China's 'third plenum' for guidance.
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Boeing Delivers Rocket Stage to NASA, Will Launch First Humans Around the Moon Since Apollo

BRIEF-Boeing Delivers Rocket Stage to NASA, Will Launch First Humans Around the Moon Since Apollo July 16 (Reuters) - Boeing Co BA.N : BOEING DELIVERS ROCKET STAGE TO NASA, WILL LAUNCH FIRST HUMANS AROUND THE MOON SINCE APOLLO BOEING - ARTEMIS II LAUNCH IS SCHEDULED FOR 2025 Source text for Eikon: ID:nPn2ZrZ4Ta Further company coverage: BA.N
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Stocks rise, dollar flat on solid data and rate cut prospects

GLOBAL-MARKETS-Stocks rise, dollar flat on solid data and rate cut prospects U.S. stocks end higher Treasury yields ease U.S. oil prices settle lower Updates to 4:27 p.m. ET By Isla Binnie and Caroline Valetkevitch NEW YORK July 16 (Reuters) - World stock indexes mostly rose and the U.S. dollar gained against the yen on Tuesday after solid U.S. retail sales data was taken as supporting prospects the Federal Reserve will ease rates to rein in inflation while aiming to avoid a recession.
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Torrential rains flood Toronto, causing power outages, traffic disruption

Torrential rains flood Toronto, causing power outages, traffic disruption By Divya Rajagopal and Anna Mehler Paperny TORONTO, July 16 (Reuters) - Torrential rain on Tuesday triggered flash flooding in parts of Toronto, Canada's financial center, causing power outages, disrupting traffic and forcing airlines to curtail service. Toronto Hydro, the local power distribution company, said it was responding to scattered outages that it suspected were caused by flooding at a transmission station.

CME live cattle, lean hog futures turn higher as wholesale prices firm

LIVESTOCK-CME live cattle, lean hog futures turn higher as wholesale prices firm By P.J. Huffstutter CHICAGO, July 16 (Reuters) - Chicago Mercantile Exchange (CME) live cattle futures turned higher on Tuesday on technical trading and as wholesale prices indicated that consumers demand for select cuts remained firm, traders said. Expectations of steady to lower cash prices for cattle this week, as well as limited trades, kept a cap on cattle futures on the day, analysts said.

Oversold corn and soy bounce back after lows

GRAINS-Oversold corn and soy bounce back after lows Wheat hits new low after brief recovery Soybeans climb after touching lowest since October 2020 Corn recovers as crop rating misses expectations Updates prices, bullets By Renee Hickman CHICAGO, July 16 (Reuters) - Chicago soybean and corn futures firmed on Tuesday after hitting m ulti-year lows o n bargain buying and forecasts for lower harvests in some parts of the world, according to analysts.

US Cash Crude-Coastal grades up, inland grades down

US Cash Crude-Coastal grades up, inland grades down July 16 (Reuters) - Coastal crude grades Mars and Light Louisiana Sweet lost value on Tuesday, dealers said, while inland grades, WTI Midland and West Texas Sour rose. The Brent/WTI spread WTCLc1-LCOc1 narrowed for the third consecutive session. A narrower spread between the global benchmark and WTI typically disincentivizes transatlantic demand, pressuring prices.

Heavy oil discount widens

CANADA-CRUDE-Heavy oil discount widens July 16 (Reuters) - The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) widened on Tuesday: * WCS for August delivery in Hardisty, Alberta, settled at $13.95 a barrel below WTI on Monday, according to brokerage CalRock. * "After what appears to have been a production curtailment in the range of 200 Mb/d for about eight days due to wildfires, Alberta's oil sands output has likely fully rec

CenterPoint Energy Says it Has Restored Power To 95% Of Customers Impacted By Hurricane Beryl

BRIEF-CenterPoint Energy Says it Has Restored Power To 95% Of Customers Impacted By Hurricane Beryl July 16 (Reuters) - CenterPoint Energy Inc CNP.N : CENTERPOINT ENERGY HAS RESTORED POWER TO 95% OF CUSTOMERS IMPACTED BY HURRICANE BERYL CENTERPOINT ENERGY INC - HAVE WORK UNDERWAY TO ADDRESS GOVERNOR ABBOTT'S REQUESTS Further company coverage: CNP.N

Texas restaurants sue utility CenterPoint over response to Hurricane Beryl

UPDATE 1-Texas restaurants sue utility CenterPoint over response to Hurricane Beryl Adds comments from Texas governor, paragraphs 7-9 By Arathy Somasekhar HOUSTON, July 16 (Reuters) - Restaurants in and around Houston on Monday filed a class action seeking more than $100 million from U.S. power provider CenterPoint Energy CNP.N , alleging incompetence and negligence in the utility's efforts to restore power quickly following Hurricane Beryl.

Most Latam currencies rise as Trump fears ease; Argentine bonds slide

EMERGING MARKETS-Most Latam currencies rise as Trump fears ease; Argentine bonds slide Brazil's real and Mexico's peso recover after Monday's drop Argentina's dollar bonds fall due to concerns over dollar reserves IMF sees steady global growth; lifts China, India forecasts Brazil's Lula questions need for spending cuts Updated at 3:52 p.m. ET/ 1952 GMT By Johann M Cherian and Shashwat Chauhan July 16 (Reuters) - Most Latin American currencies recouped some losses on Tuesday, as investors mulled
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Asia Morning Call-Global Markets

UPDATE 1-Asia Morning Call-Global Markets July 17 (Reuters) - Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,999.30 -18.30 NZX 50** 12,184.49 61.35 DJIA** 40,958.32 746.60 NIKKEI** 41,275.08 84.40 Nasdaq** 18,509.34 38.29 FTSE** 8,164.9 -18.06 S&P 500** 5,667.20 35.98 Hang Seng** 17,727.98 -287.96 SPI 200 Fut 8,031 51.00 STI** 3,487.91 -11.98 SSEC** 2,976.3043 2.29 KOSPI** 0 0.00 ---------------------------------------------------------------------------------------- Bonds Net Chn
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CIF/FOB Gulf Grain-Soybean, corn barge bids steady

CIF/FOB Gulf Grain-Soybean, corn barge bids steady July 16 (Reuters) - Basis bids for corn and soybeans shipped by barge to U.S. Gulf Coast terminals were generally steady on Tuesday, traders said. * Corn FOB premiums in Ukraine have been turning higher, with Ukraine corn basis now being quoted more than $1 a bushel over Chicago Board of Trade corn futures as supplies tighten ahead of harvest, two traders said.

US Cash Grains-Corn and soy basis mostly flat to down as futures rebound

US Cash Grains-Corn and soy basis mostly flat to down as futures rebound CHICAGO, July 16 (Reuters) - Spot basis bids for corn and soy were mostly flat to lower on Tuesday as futures rebounded from contract lows, though a positive global crop outlook continued to weigh on prices. * The corn basis decreased at a processor and increased at a rail terminal.

CBOT corn recovers from life of contract lows

CBOT corn recovers from life of contract lows CHICAGO, July 16 (Reuters) - Chicago Board of Trade (CBOT) corn futures gained ground on Tuesday after several contract months set life-of-contract lows a day earlier as traders went bargain shopping and crop estimates fell in some parts of the world. CBOT September corn CU24 rose 5-1/4 cents at $3.95-3/4 per bushel.

Stocks, dollar bask in US data afterglow, rate cuts eyed

GLOBAL MARKETS-Stocks, dollar bask in US data afterglow, rate cuts eyed S&P 500 holds on to early gains Treasury yields slip further U.S. oil prices settle lower Updates to 2:30 p.m. ET By Isla Binnie and Caroline Valetkevitch NEW YORK July 16 (Reuters) - World stock indexes mostly stayed higher and the U.S. dollar held on to gains on Tuesday after solid U.S.
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CBOT soybeans bounce back on bargain buying

CBOT soybeans bounce back on bargain buying CHICAGO, July 16 (Reuters) - Chicago Board of Trade soybean futures recovered on Tuesday, a day after falling to their lowest levels in nearly four years, on bargain buying after strong U.S. crop production prospects. CBOT August soybeans SQ24 settled up 12-1/2 cents at $10.90-1/2 per bushel and benchmark November soybeans SX24 rose 3-1/4 cents to end at $10.43-1/4 a bushel.

ICE canola strengthens on short covering

ICE canola strengthens on short covering All figures in Canadian dollars unless noted July 16 (Reuters) - ICE canola futures ended higher on Tuesday on short covering and an uptick in soybean oil prices following the previous session's decline, traders said. Most-active November canola RSX4 settled up $5.7 at $621.20 per metric ton. The November-January canola spread RSX4-F5 strengthened, with the November contract tightening its discount to the January contract.

Debris from Vineyard Wind’s broken turbine causes beach closures on Nantucket

Debris from Vineyard Wind’s broken turbine causes beach closures on Nantucket July 16 (Reuters) - Authorities closed beaches on the south shore of Nantucket Island in Massachusetts due to debris washing up from a broken turbine at Vineyard Wind's offshore wind farm, a local news outlet reported on Tuesday. "The water is closed to swimming on all south shore beaches, due to large floating debris and sharp fiberglass shards," the Nantucket harbormaster said, according to online news oulet Nantuc

Cocoa slides on signs of easing demand

SOFTS-Cocoa slides on signs of easing demand Updates with closing prices and changes dateline to NEW YORK from LONDON NEW YORK, July 16 (Reuters) - Cocoa prices slipped to a one-week low on Tuesday on signs of easing demand for the chocolate ingredient, and amid hopes that output in top producer Ivory Coast will improve in the next season. COCOA * September London cocoa LCCc2 ​​settled down 7.4% at 6,520 pounds per metric ton, the lowest since July 9 .
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