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COLUMN-The path to cheap power will be very expensive: Bousso
EU share of renewables in power generation rose to 47% in 2024EU requires $1.4 trillion in grid investment by 2040, report saysRatio of investments in renewables and grids has dropped in recent years, IEA saysBy Ron Bousso LONDON, June 9 - Europe's ambition to develop cheap, clean energy has ...Reuters
Mon, Jun 9
COLUMN-US aluminium tariffs threaten scrap clash with European Union: Andy Home
By Andy Home LONDON, June 9 (Reuters) - U.S. President Donald Trump's move to double tariffs on aluminium imports heightens the risk of a full-blown scrap war with the European Union.Although they are supposed to be blanket tariffs with no exceptions or exemptions, there is one significant ga...Reuters
Mon, Jun 9
Auto companies 'in full panic' over rare-earths bottleneck
Global automakers worry China's rare-earths curb is next global supply crisisAuto industry efforts to find alternative magnet supplies have flounderedBottleneck has auto companies stockpiling, considering workaroundsBy Christina Amann, Nick Carey and Kalea Hall BERLIN/LONDON/DETROIT, June 9 (...Reuters
Mon, Jun 9
TECHNICALS-CBOT soybeans may rise to $10.63-1/4
For more technical analyses, please click SINGAPORE, June 9 (Reuters) - The CBOT soybean July contract SN25 may break resistance of $10.60-3/4 per bushel, and rise to $10.63-1/4.The resistance is identified as the 100% projection level of a wave c from $10.40. It is strengthened by the similar one e...Reuters
Mon, Jun 9
China May soybean imports hit record high of 13.92 million metric tons
BEIJING, June 9 (Reuters) - China soybean imports hit a record high of 13.92 million metric tons in May, customs data showed on Monday, more than double the volume imported in April, as customs clearance speeds returned to normal and the operating rate of crushing plants recovered.Imports had plunge...Reuters
Mon, Jun 9
Silver Price Forecast: XAG/USD rises above $36.00 on economic uncertainty, industrial demand
The Silver (XAG/USD) price trades in positive territory around $36.00 during the Asian session on Monday. The white metal edges higher despite the stronger-than-expected US employment data for May. Later on Monday, investors will closely watch the developments surrounding US-China trade talks.
Fxstreet
Mon, Jun 9
GRAINS-Soybeans, corn rise ahead US-China talks; wheat eases
Optimism over U.S., China trade ahead of talks in LondonWheat futures fall for the first time in four sessionsBy Naveen Thukral SINGAPORE, June 9 (Reuters) - Chicago soybean and corn futures rose for the fifth consecutive session Monday, with both markets driven higher by optimism over U.S.-China...Reuters
Mon, Jun 9
China's rare earth exports jump 23% in May despite export curbs
BEIJING, June 9 (Reuters) - China's outbound shipments of rare earths in May jumped 23% on the month to their highest in a year, though Beijing's export curbs on some of the critical minerals halted some overseas sales, with shortages rippling through global manufacturing.China's April e...Reuters
Mon, Jun 9
US solar energy growth to slow as Washington priorities shift
Trade group cites higher costs from Trump's tariffsNew US solar capacity in 2030 seen down 10% from 2025Proposed end of clean energy tax credits could slam market moreBy Nichola Groom June 9 (Reuters) - New U.S. solar energy installations are expected to fall over the next five years as the i...Reuters
Mon, Jun 9
INSIGHT-India's $80 bln coal-power boom is running short of water
India plans roughly $80 bln in new coal-power projects by 2031Many shortlisted projects located in water-stressed areasThermal plant operators like areas with easy land availability, with water access an afterthoughtExpansion likely to fuel further conflict between residents and industryBy Krishna N...Reuters
Mon, Jun 9
WTI retreats from multi-week top, slides to $63.80-$63.75 ahead of US-China trade talks
West Texas Intermediate (WTI) US Crude Oil prices kick off the new week on a softer note and erode a part of Friday's strong gains to levels just above the $64.00 mark, or the highest since April 23.
Fxstreet
Mon, Jun 9
METALS-London copper little changed ahead of US-China trade talks
By Hongmei Li June 9 (Reuters) - London copper prices were largely unchanged on Monday, with the market keeping an eye on the U.S.-China trade talks to be held in London later in the day.The U.S. dollar held steady against all major currencies on Monday, as exuberance over an upbeat U.S. employme...Reuters
Mon, Jun 9
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, June 9 (Reuters) - Contract Target Support/Resistance Brent oil $66.85/$67.25sup $66.12/$65.77Palm oil (3rd month)-sup 3,889/3,845 ringgitres 3,961/4,005 ringgitWTI* $64.31/$63.96res $65.12/$65.43/$65.84Spot gold$3,291/$3,271res $3,323/$3,336...Reuters
Mon, Jun 9
Oil prices hold gains ahead of US-China trade talks
By Colleen Howe BEIJING, June 9 (Reuters) - Oil prices held on to last week's gains early on Monday as investors waited for U.S.-China trade talks to be held in London later in the day.Brent crude futures LCOc1 were flat at $66.47 a barrel at 0008 GMT. U.S. West Texas Intermediate crude CLc1 ...Reuters
Mon, Jun 9
Gold Price Forecast: XAU/USD holds steady near $3,300 as traders brace for US-China trade talks
The Gold price (XAU/USD ) trades on a flat note near $3,310 during the early Asian session on Monday. The rebound in the US Dollar (USD) could weigh on the precious metal. However, uncertainty from US President Donald Trump's tariff policies might help limit the Gold’s losses.Fxstreet
Mon, Jun 9
GRAINS-Soybeans, corn ease after rally; spotlight on US-China talks
SINGAPORE, June 9 (Reuters) - Chicago soybean and corn futures eased on Monday, with both markets giving up some of last week's gains as focus turned on crucial talks due to start between top agricultural trading partners, the United States and China.Wheat prices fell for the first time in four ...Reuters
Mon, Jun 9
COLUMN-Funds' bearish sentiment on US grains and oilseeds hits nine-month high: Braun
By Karen Braun NAPERVILLE, Illinois, June 8 (Reuters) - Speculators dug deeper into bear territory last week across U.S. grain and oilseed futures, and with this time of year known to feature plenty of uncertainties, investors must keep their eyes glued on upcoming weather forecasts for the U.S. ...Reuters
Sun, Jun 8
PM Fico says Slovakia will block EU sanctions on Russia if they harm national interests
June 8 (Reuters) - Slovakia will block any European Union sanctions against Russia that damage its national interests, Prime Minister Robert Fico said on Sunday after parliament approved a resolution calling on the government not to back any new measures.Fico said that Slovakia wanted to stay constr...Reuters
Sun, Jun 8
