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GRAINS-Wheat drops on improved US crop rating; corn hits six-month low
USDA's spring and winter wheat ratings exceed expectationsCorn drops to lowest in six month of U.S. crop prospectsAgRural raises forecasts for Brazil's 24/25 corn, soybean cropsBy Naveen Thukral SINGAPORE, June 3 (Reuters) - Chicago wheat slid on Tuesday, giving up some of previous sessio...Reuters
Tue, Jun 3
TECHNICALS-CBOT soybeans may fall toward $10.22
For more technical analyses, please click SINGAPORE, June 3 (Reuters) - The CBOT soybean July contract SN25 may break support of $10.33-1/2 per bushel and fall toward $10.22.A brief bounce triggered by the support has been quickly reversed. The reversal signals a continuation of the wave C toward a ...Reuters
Tue, Jun 3
Gold Surges Toward $3,400 — Is the Familiar Gold Rush Back Amid Trump’s Tariff Shocks?
TradingKey - With U.S.-China trade tensions resurfacing and the U.S.-EU tariff conflict escalating, global gold prices surged nearly $100 per ounce on Monday, approaching the key $3,400/oz. Analysts believe that a weaker U.S. dollar and policy uncertainty from Washington will continue to support...
TradingKey
Tue, Jun 3
Tsmc CEO: Outlook For The Next Five To Ten Years Is Very Good
June 3 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd 2330.TW:TSMC CEO: WE HAVE ESTABLISHED A SYSTEM TO COMMUNICATE WITH OUR CUSTOMERS’ CUSTOMERS TO BETTER UNDERSTAND MARKET DEMANDTSMC CEO: ALL AI CUSTOMERS HAVE TO WORK WITH USTSMC CEO: REGULARLY COMMUNICATING WITH TAIWAN AND U.S. GOVERNME...Reuters
Tue, Jun 3
Tariffs have some impact, but AI demand still outpaces supply, TSMC CEO says
HSINCHU, Taiwan, June 3 (Reuters) - The chief executive of Taiwanese chipmaker TSMC 2330.TW said on Tuesday that U.S. tariffs are having some impact but demand for artificial intelligence (AI) remains strong and continues to outpace supply.The company's CEO C.C. Wei made the comments at its annu...Reuters
Tue, Jun 3
WTI drifts higher to near $62.50 as OPEC+ increases output at steady rate
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.40 during the Asian trading hours on Tuesday. The WTI price edges higher after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) decided to increase their production again.
Fxstreet
Tue, Jun 3
Oil rises on Iran, Russia and Canada supply concerns
June 3 (Reuters) - Oil prices rose in early Asia trade on Tuesday on concerns about supply, with Iran set to reject a U.S. nuclear deal proposal that would be key to easing sanctions on the major oil producer, and with production in Canada hit by wildfires.Reuters
Tue, Jun 3
GRAINS-Wheat falls on improved US crop rating; corn down
SINGAPORE, June 3 (Reuters) - Chicago wheat slid on Tuesday, giving up some of last session's gains, as improved U.S. crop condition weighed on prices, although intensifying Russia-Ukraine war limited losses. Corn fell, while soybeans were largely unchanged. FUNDAMENTALS* The most-active...Reuters
Tue, Jun 3
EXCLUSIVE-FEMA staff confused after head said he was unaware of US hurricane season, sources say
Agency head Richardson made comment on second day of hurricane seasonRichardson said no changes to agency's disaster plan this yearFEMA cuts have raised concern about agency capacity to respond to natural disastersBy Leah Douglas, Ted Hesson and Nathan Layne WASHINGTON, June 2 (Reuters) - Sta...Reuters
Tue, Jun 3
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, June 3 (Reuters) - Contract Target Support/Resistance Brent oil $64.38/$63.97res $65.31/$65.62/$66.13Palm oil (3rd month)-res 3,886/3,912/3,945 ringgitsup 3,860/3,827/3,807 ringgitWTI* $62.31/61.83res $63.28/$63.88Spot gold$3,411/$3,424sup $3...Reuters
Tue, Jun 3
Robotics firm raises $60 million to scale up wind turbine repairs
Aerones' robots halve wind turbine maintenance time, reducing downtime costsFunding led by US investors Activate Capital and S2G InvestmentsAerones plans further $15-$20 million debt raise By Virginia FurnessLONDON, June 3 (Reuters) - Latvian tech company Aerones, which counts GE and Enel among ...Reuters
Tue, Jun 3
CIF/FOB Gulf Grain-Corn barge bids ease, soybean bids steady to higher
CHICAGO, June 2 (Reuters) - Basis bids for corn delivered by barge to U.S. Gulf Coast terminals continued to turn lower on Monday, amid competition hunting for bargains amid hefty supplies from South America, traders said.Meanwhile, basis bids for soybeans were steady to slightly higher, as the Chic...Reuters
Mon, Jun 2
EXCLUSIVE-US pushes countries for best offers by Wednesday as tariff deadline looms
Trump administration wants countries to detail tariff rates, potential US investmentsTrade group welcomes move to accelerate trade talksUSTR draft letter reveals urgency to finalize deals with trading partnersCourt ruling challenges legality of Trump's sweeping tariff policiesBy Jarrett Renshaw ...Reuters
Mon, Jun 2
UK trade minister to meet USTR Greer to discuss implementing tariff deal
LONDON, June 3 (Reuters) - Britain's trade minister Jonathan Reynolds will meet U.S. Trade Representative Jamieson Greer on Tuesday to discuss the implementation of a trade deal that has been complicated by the announcement of fresh U.S. tariffs on steel. Reynolds will review recently agreed...Reuters
Mon, Jun 2
LIVESTOCK-Cattle end higher in range-bound trade; hogs finish mixed
By Julie IngwersenCHICAGO, June 2 (Reuters) - Chicago Mercantile Exchange cattle futures ended higher on Monday in range-bound trade as brokers awaited fresh direction, while last week's firm cash cattle prices underpinned the market.Benchmark CME August live cattle futures LCQ25 settled up 1.65...Reuters
Mon, Jun 2
GRAINS-Soybeans hit seven-week low; corn eases, wheat climbs
By Julie Ingwersen CHICAGO, June 2 (Reuters) - Chicago Board of Trade soybean and soyoil futures fell to their lowest levels in seven weeks on Monday on worries about demand for U.S. oilseed supplies and generally favorable crop weather, analysts said.Corn futures followed soybeans lower. But whe...Reuters
Mon, Jun 2
EXCLUSIVE-FEMA staff confused after head said he was unaware of US hurricane season, sources say
Agency head Richardson made comment on second day of hurricane seasonRichardson said no changes to agency's disaster plan this yearFEMA cuts have raised concern about agency capacity to respond to natural disastersBy Leah Douglas, Ted Hesson and Nathan Layne WASHINGTON, June 2 (Reuters) - Sta...Reuters
Mon, Jun 2
