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WTI drifts higher above $64.50 on US-China trade talk hopes
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.65 during the Asian trading hours on Tuesday. The WTI price climbs to nearly seven-week highs, bolstered by a potential trade deal and a weaker US Dollar (USD).
Fxstreet
Tue, Jun 10
PRESS DIGEST-British Business - June 10
June 10 (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- Senior creditors of Thames Water have proposed a 5 billion pound rescue plan involving 3 billion pounds in equit...Reuters
Tue, Jun 10
GRAINS-Wheat near one-week low on harvest pressure; soybeans firm
Start of Northern Hemisphere harvest weighs down Chicago wheatFocus on U.S.-China trade talks for direction in soybean marketBy Naveen Thukral SINGAPORE, June 10 (Reuters) - Chicago wheat slid for a second session on Tuesday, with prices close to a one-week low on pressure from the Northern Hemis...Reuters
Tue, Jun 10
METALS-London copper prices ease slightly, US-China talks in focus
By Hongmei Li SINGAPORE, June 10 (Reuters) - London copper prices saw marginal easing on Tuesday, with the market closely watching the progress made in the ongoing trade talks between the world's two largest economies in London.The three-month copper on the London Metal Exchange CMCU3 shed 0....Reuters
Tue, Jun 10
PRESS DIGEST-Financial Times - June 10
June 10 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Thames Water bosses were set for 18.5 million pounds ($25.05 million) before outcry over bonuses- BlackRock seeks dismissal of Texas a...Reuters
Tue, Jun 10
BlackRock, other funds clash with Republican states over evidence in climate-investing case
BlackRock, Vanguard, State Street push to dismiss the caseSay states have shown no evidence of conspiracyStates contend even non-voting actions could have market impactBy Ross Kerber and Niket Nishant June 9 (Reuters) - A lawyer for BlackRock said on Monday that Republican states' claim that...Reuters
Tue, Jun 10
PRESS DIGEST-Financial Times - June 10
June 10 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- UK pledges 11.5 billion pounds of new state funding for Sizewell C nuclear plant- Eurostar plans services to Frankfurt and Geneva to t...Reuters
Tue, Jun 10
Oil inches up, outcome of US-China trade talks awaited
By Anjana Anil June 10 (Reuters) - Oil prices edged up on Tuesday as market participants waited for the outcome of U.S.-China talks that could pave the way for easing trade tensions and improve fuel demand.Brent crude futures LCOc1 edged up 12 cents to $67.16 a barrel at 0041 GMT. U.S. West TexasReuters
Tue, Jun 10
Oil prices hit multi-week highs amid US-China trade talks
US and China hold trade talks in LondonPotential trade deal could boost oil demandChina's crude imports hit four-month low in MayBy Stephanie Kelly NEW YORK, June 9 (Reuters) - Oil prices hit multi-week highs on Monday, buoyed by a weaker U.S. dollar, while investors awaited news from U.S.-Ch...Reuters
Tue, Jun 10
GRAINS-Wheat near one-week low on harvest pressure; soybeans firm
SINGAPORE, June 10 (Reuters) - Chicago wheat slid for a second session on Tuesday, with prices close to a one-week low on pressure from the Northern Hemisphere harvest and a forecast of higher output in top exporter Russia.Reuters
Tue, Jun 10
Gold Price Forecast: XAU/USD posts modest gains above $3,300 as traders await US-China trade talks
The Gold price ( XAU/USD) posts modest gains to near $3,325 during the early Asian session on Tuesday, bolstered by a weaker US Dollar (USD). Investors await the ongoing US-China trade talks on Tuesday for fresh catalysts.
Fxstreet
Tue, Jun 10
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, June 10 (Reuters) - Contract Target Support/Resistance Brent oil $66.55/$66.12res $67.25/$67.68/$68.37Palm oil (3rd month)-sup 3,889/3,845 ringgitres 3,961/4,005 ringgitWTI* $64.31/$63.96res $65.73/$66.34Spot gold$3,296res $3,337/$3,362LME co...Reuters
Mon, Jun 9
COLUMN-US wheat gets a glow-up: Multiyear highs for crop health, export sales: Braun
By Karen Braun NAPERVILLE, Illinois, June 9 (Reuters) - Second-worst ever. That’s how health conditions for the 2025 U.S. winter wheat crop were described last autumn.But winter wheat ratings now sit at a six-year high for early June, just as the harvest is kicking off. This is exactly what U.S. ...Reuters
Mon, Jun 9
LIVESTOCK-Cattle futures scale new highs as beef prices climb
By Julie Ingwersen CHICAGO, June 9 (Reuters) - Chicago Mercantile Exchange cattle futures hit contract highs on Monday, extending Friday's strong close as tight U.S. cattle supplies and firm cash markets continued to drive beef prices higher, traders said.CME August live cattle futures LCQ25 ...Reuters
Mon, Jun 9
US-China trade, minerals talks in London set to extend to second day; Trump upbeat
Sides look to get Geneva trade truce back on track'China's not easy' but talks going well, Trump saysUS wants 'handshake' on export controls, says White House adviserInclusion of Lutnick signals importance of rare earthsGeneva deal had fostered a global relief rally in stocksBy K...Reuters
Mon, Jun 9
GRAINS-Wheat retreats on harvest pressure; corn, soybeans end lower
Wheat eases as Northern Hemisphere winter wheat harvest beginsCorn futures decline on favorable US crop weatherSoybeans mostly lower; US-China trade talks in focusBy Julie Ingwersen CHICAGO, June 9 (Reuters) - U.S. wheat futures fell about 2% on Monday on seasonal pressure from the start of the N...Reuters
Mon, Jun 9
US Cash Grains-Corn bids mostly flat, futures fall
CHICAGO, June 9 (Reuters) - Spot basis bids for U.S. corn were mostly steady to higher at grain elevators, processing plants and river terminals in the U.S. Midwest on Monday, a spot check showed, as futures sagged. The corn basis rose by 2 cents at a river terminal in Davenport, Iowa. Every other l...Reuters
Mon, Jun 9
US Cash Crude-Grades little changed amid hope for US-China trade deal
June 9 (Reuters) - Grades were little changed on Monday, dealers said, as investors weighed rising global supplies amid optimism around U.S.-China trade talks and a deal that could boost the global economic outlook and subsequently fuel demand.Mars Sour WTC-MRS rose 5 cents, while WTI Midland WTC-WT...Reuters
Mon, Jun 9
EPA proposes giving Texas authority to oversee CO2 injection permits
By Valerie Volcovici WASHINGTON, June 9 (Reuters) - The U.S. Environmental Protection Agency on Monday proposed approving Texas' application to oversee its own permitting for projects to inject carbon dioxide underground, a move long sought by that state's regulators and oil and gas compa...Reuters
Mon, Jun 9
