OFF THE WIRE

Reuters

Codelco offers US clients copper at record premiums above $500/t over LME prices

Chile’s state-owned copper producer has offered to sell copper at record premiums above $500 a metric ton to US customers with contracts based on London Metal Exchange copper prices, two sources familiar with the matter said.The premium is paid on top of benchmark LME prices and reflects demand and supply fundamentals. It also covers costs including those for transport and taxes.Codelco did not immediately respond to a request for comment.

Nov 28, 2025 - 3:33 PM

Reuters

LME to lower client fees in 2026 in bid to boost liquidity

The London Metal Exchange said on Friday it would reduce transaction fees for its customers next year as it seeks to enhance liquidity on its LMEselect electronic platform while supporting physical market trading.Client trading and clearing fees on the LME’s electronic trading system will drop by 7.4% to 8.5%, the LME, the world’s primary metals marketplace, said in a statement announcing a revision of its fee schedule for 2026.

Nov 28, 2025 - 3:31 PM

Reuters

Vale announces $0.67 per share in dividends and interest on equity

Brazilian miner Vale announced on Thursday the payment of about 3.58 reais ($0.67) per share in dividends and interest on equity to shareholders.In a securities filing, Vale said it will pay dividends of about 1.24 real per share on January 7, and of about 0.77 real per share on March 4, when it will also pay some 1.57 reais per share in interest on equity.($1 = 5.3562 reais)(By Andre Romani; Editing by Natalia Siniawski)

Nov 28, 2025 - 3:28 PM

Reuters

European shares clock monthly gains on Fed rate cut hopes

Nov 28 (Reuters) - European shares ended higher on Friday, capping a strong weekly advance and closing the month on a robust note, supported by optimism over potential U.S. rate cuts.The pan-European STOXX 600 (.STOXX), closed 0.23% higher at 576.34, hitting its longest monthly winning streak since March 2024. Bourses in Germany (.DAX), and France (.FCHI), added 0.25% and 0.3%, respectively.The broader banking index (.SX7P), was steady for the day, having risen 4.5% this week, supported in part by the UK budget, which spared the sector from tax rises.

Nov 28, 2025 - 3:06 PM

Reuters

Gold heads for fourth straight monthly gain; silver hits fresh record high

Nov 28 (Reuters) - Spot gold rose 1% to a two-week high on Friday, as expectations that the U.S. Federal Reserve will trim interest rates next month lifted demand for the non-yielding asset, while silver hit a fresh record high.Spot gold was up 1.6% to $4,222 per ounce by 01:44 p.m. EST (18:44 GMT), its highest price since November 13, and was set for a 3.9% weekly gain. Bullion, on track to register a 5.5% rise this month, is poised for its fourth consecutive monthly gain.

Nov 28, 2025 - 2:41 PM

Canadian dollar posts biggest weekly gain since May as GDP surpasses forecasts

Reuters - Nov 28, 2025 - 1:31 PM

US dollar set for worst week since July as Fed rate cut looms

Reuters - Nov 28, 2025 - 12:05 PM

Wall St set for weekly gain, monthly loss; Treasury yields advance

Reuters - Nov 28, 2025 - 11:57 AM

Consumers go online, rather than stand in line, as Black Friday kicks off

Reuters - Nov 28, 2025 - 10:46 AM

US futures, options resume after CME outage underscores resilience concerns

Reuters - Nov 28, 2025 - 10:44 AM

Global futures reopen after exchange operator CME hit by hours-long outage

Reuters - Nov 28, 2025 - 9:58 AM

Wall St opens higher, futures resume trade after outage

Reuters - Nov 28, 2025 - 9:54 AM

Canada's third-quarter annualized GDP surprises with growth of 2.6%

Reuters - Nov 28, 2025 - 9:52 AM

The Black Friday paradox: more shoppers, fewer dollars

Reuters - Nov 28, 2025 - 8:39 AM

Gold poised for fourth monthly gain on Fed rate cut optimism

Reuters - Nov 28, 2025 - 8:38 AM

FX, commods and stock futures hit by longest CME outage in years

Reuters - Nov 28, 2025 - 8:36 AM

Wall St Week Ahead: Investors on watch for AI, economic updates as US stocks steady

Reuters - Nov 28, 2025 - 8:34 AM

Divided Fed sparks surge in rate options hedging as policy uncertainty lingers

Reuters - Nov 28, 2025 - 7:40 AM

Refined copper output growth to slow in 2026: ICSG

Reuters - Nov 27, 2025 - 4:23 PM

Platinum prices rise as China launches new futures contracts

Reuters - Nov 27, 2025 - 4:12 PM

Iron ore price inches higher on softer dollar, weak demand caps gain

Reuters - Nov 27, 2025 - 4:10 PM

Japanese copper smelters seek 2026 TC/RCs different from China-set benchmarks

Reuters - Nov 27, 2025 - 4:07 PM

Comex copper premium here to stay, LME executive says

Reuters - Nov 27, 2025 - 4:05 PM

Russia’s central bank says gold demand driven by G7 attempt to get Moscow’s frozen assets

Reuters - Nov 27, 2025 - 3:54 PM

Zimbabwe to hike royalties on gold producers to cash in on record prices

Reuters - Nov 27, 2025 - 3:52 PM

Canadian dollar touches 8-day high as current account deficit improves

Reuters - Nov 27, 2025 - 1:13 PM

Stocks, bitcoin edge up as investors bank on Fed rate cuts

Reuters - Nov 27, 2025 - 11:17 AM

TSX flat after record run as miners, financials offset gains in energy

Reuters - Nov 27, 2025 - 10:32 AM

Stocks gain as investors bet on Fed rate cuts; yen locked in intervention zone

Reuters - Nov 27, 2025 - 7:53 AM

Italy presses ahead with claim on central bank's $300 billion gold pile

Reuters - Nov 27, 2025 - 7:51 AM

Gold slips from near 2-week high, traders weigh US rate cut chances

Reuters - Nov 27, 2025 - 7:50 AM

Dollar set for biggest weekly fall in four months, Fed path in focus

Reuters - Nov 27, 2025 - 7:47 AM

Hassett at the Fed helm could pressure the dollar, investors say

Reuters - Nov 26, 2025 - 6:32 PM

Canada unveils more measures to protect tariff-hit steel, lumber sectors

Reuters - Nov 26, 2025 - 4:26 PM

Heightened Fed cut expectations lift stocks, sterling choppy on UK budget surprise

Reuters - Nov 26, 2025 - 3:52 PM

STOXX 600 climbs on Fed cut hopes; banks rally post-UK budget announcement

Reuters - Nov 26, 2025 - 3:46 PM

US economic activity little changed ahead of next Fed meeting, Beige Book report shows

Reuters - Nov 26, 2025 - 3:31 PM

Elevated Fed cut expectations boost stocks, sterling choppy on budget surprise

Reuters - Nov 26, 2025 - 2:37 PM

Divided Fed sparks surge in rate options hedging as policy uncertainty lingers

Reuters - Nov 26, 2025 - 2:08 PM

S&P cuts Tether stablecoin rating to 'weak' on disclosure gaps

Reuters - Nov 26, 2025 - 1:49 PM

Canadian dollar notches a six-day high as Fed rate cut bets climb

Reuters - Nov 26, 2025 - 1:31 PM

US group sues Apple over Congo conflict minerals

Reuters - Nov 26, 2025 - 1:15 PM

Wall Street extends gains as Fed rate-cut bets for December grow

Reuters - Nov 26, 2025 - 11:40 AM

India approves $816 million rare earth permanent magnets manufacturing programme

Reuters - Nov 26, 2025 - 9:52 AM

Gold near two-week peak as tepid US data fuels Fed rate cut bets

Reuters - Nov 26, 2025 - 9:48 AM

Codelco’s record China copper price offer sparks threats to walk away, sources say

Reuters - Nov 26, 2025 - 9:46 AM

Stocks head higher on Fed hope, sterling and gilts buffeted by budget surprises

Reuters - Nov 26, 2025 - 9:41 AM

Tether's stablecoin downgraded to 'weak' in S&P assessment

Reuters - Nov 26, 2025 - 9:40 AM

Global stocks to edge higher in 2026 but lag this year's strong run

Reuters - Nov 26, 2025 - 9:35 AM

Stocks head higher on Fed hope, sterling and gilts buffeted by budget surprises

Reuters - Nov 26, 2025 - 9:18 AM