News
Important Only
METALS-Shanghai copper hits two-week high as dollar weakens
June 26 (Reuters) - Shanghai copper prices hit a two-week high on Thursday, aided by a weaker U.S. dollar that fell to its lowest level in over three years, and relief following the Israel-Iran ceasefire. The most-traded copper contract on the Shanghai Futures Exchange SCFcv1 was up 0.6% at 7...Reuters
Thu, Jun 26
WTI trades higher near $65.00 as US crude stocks indicate strong demand
West Texas Intermediate (WTI) Oil price halts its three-day losing streak, trading around $64.90 per barrel during the Asian hours on Thursday. Crude Oil prices edge higher as a larger-than-expected draw in United States (US) crude stocks, which signaled firm demand.
Fxstreet
Thu, Jun 26
UK's Serco sees North American market driving first-half growth on defence contracts
June 26 (Reuters) - British outsourcing firm Serco SRP.L said on Thursday that it expects its North American market to drive organic growth in the first half of 2025, fuelled by a high volume of defence contracts secured last year. Serco, which provides defence, security, immigration, health and ...Reuters
Thu, Jun 26
Gold rises as weaker dollar, Trump's criticism of Powell fuel uncertainty
June 26 (Reuters) - Gold edged higher on Thursday, supported by a weaker dollar and growing uncertainty after reports suggested U.S. President Donald Trump was considering replacing Federal Reserve Chair Jerome Powell as early as September or October.Reuters
Thu, Jun 26
TECHNICALS-CBOT soybeans may test support at $9.79 in third quarter
For more technical analyses, please click SINGAPORE, June 26 (Reuters) - CBOT soybeans Sc1 may test support at $9.79 per bushel in the third quarter, a break below which may open the way towards the $8.92-1/2 to $9.46 range.The uptrend from $9.36-1/4 has been developing within a rising channel, whic...Reuters
Thu, Jun 26
US withdrawal from Indonesia coal phase-down plan to have limited impact, official says
By Fransiska Nangoy JAKARTA, June 26 (Reuters) - The withdrawal of the United States from an international collaboration to help developing countries move away from coal will have a limited impact on Indonesia, the country's top official for the initiative said on Thursday.The U.S. withdrew f...Reuters
Thu, Jun 26
China's Guangxi deluged by flood-waters from upstream province
Floodwaters in China's Guizhou surge downstreamRural communities in Guangxi region hitTropical depression expected to make landfall in GuangxiBy Joe Cash and Farah Master BEIJING/HONG KONG, June 26 (Reuters) - Towns and villages by a major river in China's Guangxi lay half-submerged as fl...Reuters
Thu, Jun 26
Peabody extends lockout at Helensburgh coal mine in Australia
June 26 (Reuters) - U.S. coal producer Peabody Energy BTU.N is extending a lockout at one of its New South Wales mines, Australia's Mining and Energy Union (MEU) said on Thursday, after its workers staged a protest, demanding improved wages and job protection. Peabody notified MEU members on Wed...Reuters
Thu, Jun 26
Russia says European arms supplies to Ukraine increase the threat of destabilisation in Europe
MOSCOW, June 26 (Reuters) - Russian Defence Minister Andrei Belousov said on Thursday that European supplies of arms and mercenaries to Ukraine had increased the threat of destabilisation in Europe, the Interfax news agency reported."Attempts to prolong military actions by supplying Ukraine with...Reuters
Thu, Jun 26
Peabody extends miners' lockout at Helensburgh coal mine in Australia
June 26 (Reuters) - U.S. coal producer Peabody Energy BTU.N has extended a lockout of its workers at its Helensburgh underground coal mine in New South Wales, Australia's Mining and Energy Union (MEU) said on Thursday.The lockout began on June 18 in response to a one-hour industrial protest by w...Reuters
Thu, Jun 26
PRESS DIGEST-British Business - June 26
June 26 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- British steel production is to be designated as critical to the UK's national security, under plans to s...Reuters
Thu, Jun 26
TECHNICALS-CBOT soybeans may test support of $10.13-1/4
For more technical analyses, please click SINGAPORE, June 26 (Reuters) - The CBOT soybean November contract SX25 may test support of $10.13-1/4 per bushel, a break below could open the way toward $10.04-3/4 to $10.08 range.The contract is presumably riding on a wave 5, which closely observes a serie...Reuters
Thu, Jun 26
METALS-Shanghai copper hits two-week high as dollar tumbles
June 26 (Reuters) - Shanghai copper prices reached a two-week high on Thursday as the dollar weakened to its lowest level in more than three years, lifting market sentiment.The most-traded copper contract on the Shanghai Futures Exchange SCFcv1 rose 0.3% to 78,820 yuan ($10,995.79) per metric ton, i...Reuters
Thu, Jun 26
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, June 26 (Reuters) - Contract Target Support/Resistance Brent oil $68.41/$68.94/$69.70sup $66.94/$65.71/$64.48Palm oil (3rd month)3,978/3,938 ringgitres 4,017/4,066 ringgitWTI* $65.75/$66.52/$67.13sup $64.52/$63.76/$62.52Spot gold$3,294res $3,...Reuters
Thu, Jun 26
Oil rises as draw in US crude stocks signals firm demand
By Yuka Obayashi TOKYO, June 26 (Reuters) - Oil prices inched higher, extending gains from the previous day as a larger-than-expected draw in U.S. crude stocks signalled firm demand, while investors remained cautious about the Iran-Israel ceasefire and stability in the Middle East. Brent crude fu...Reuters
Thu, Jun 26
PRECIOUS-Gold inches higher as dollar softens, focus shifts to US economic data
June 26 (Reuters) - Gold prices nudged higher on Thursday, supported by a softer dollar, as investors looked ahead to upcoming U.S. economic data for hints on the Federal Reserve's potential direction on interest rates. FUNDAMENTALS* Spot gold XAU= was up 0.1% at $3,334.80 per oun...Reuters
Thu, Jun 26
