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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
Westinghouse pursues US nuclear expansion after Trump orders, FT says
June 8 (Reuters) - Nuclear equipment supplier Westinghouse is in talks with U.S. officials and industry partners about deploying 10 large reactors, in response to presidential executive orders, the Financial Times reported on Sunday, citing the company's CEO.President Donald Trump's executiv...Reuters
Sun, Jun 8
Westinghouse targets US nuclear expansion after Trump order, FT says
June 8 (Reuters) - U.S. nuclear equipment supplier Westinghouse is in talks with U.S. officials and industry partners about deploying 10 large nuclear reactors to meet the goals of President Donald Trump's executive orders, the Financial Times reported on Sunday citing the company's CEO in a...Reuters
Sun, Jun 8
WorldPride parade-goers march through Washington in defiance of Trump
Parade route passes within one block of White House groundsWhite House says Trump is 'honored to serve all Americans'By Daniel Trotta WASHINGTON, June 7 (Reuters) - LGBTQ+ people and supporters from around the world marched through the streets of Washington on Saturday with a mixture of j...Reuters
Sat, Jun 7
US and China set for trade talks in London on Monday
Bessent, Lutnick, Greer to represent US in London talksTrump-Xi spoke amid trade tensions and mineral disputesEarlier 90-day deal eased tariffs, boosted stock marketsBy Trevor Hunnicutt, Ryan Patrick Jones WASHINGTON, June 7 (Reuters) - Three of U.S. President Donald Trump's top aides will me...Reuters
Sat, Jun 7
China says willing to improve communication with countries on rare earth controls
SHANGHAI, June 7 (Reuters) - China's commerce ministry said on Saturday that it has approved a certain number of compliant rare earth applications and will continue to improve the examination and approvals of applications. China is willing to further strengthen communication and dialogue with re...Reuters
Sat, Jun 7
China says it may speed up rare earths application approvals from EU
China commerce ministry say issues were discussed in ParisChina to announce final decision on EU brandy imports on July 5China-EU consultations on EV minimum price in final stage By Brenda Goh SHANGHAI, June 7 (Reuters) - China is willing to accelerate the examination and approval of rare earth e...Reuters
Sat, Jun 7
Indonesia expects to conclude free trade talks with EU by end of June
Indonesia to get zero tariffs on 80% of exports to EUEU to provide special treatment to Indonesia on deforestation JAKARTA, June 7 (Reuters) - Indonesia said on Saturday that free trade negotiations with the European Union, which have been ongoing for nine years, are expected to be concluded by t...Reuters
Sat, Jun 7
Ohio food banks strain as Trump slashes federal aid programs
Ohio voted for Trump in the last three presidential electionsTrump has cut around $1 billion in programs that support food banksNearly one in three people in Ohio qualify for food assistanceBy P.J. Huffstutter COLUMBUS, Ohio, June 7 (Reuters) - On a warm spring morning, volunteers at the Mid-Ohio...Reuters
Sat, Jun 7
Senior Taiwan official visits site of new Alaska LNG project
TAIPEI, June 7 (Reuters) - A senior Taiwanese official said on Saturday he had this week visited the site of a potentially enormous new liquified natural gas (LNG) project in Alaska that the Trump administration has been pushing hard to allies in Asia as a supply option. Energy developer Glenfarne h...Reuters
Sat, Jun 7
China says it may speed up rare earths application approvals from EU
SHANGHAI, June 7 (Reuters) - China said on Saturday it was willing to accelerate the examination and approval of rare earth exports to European Union firms.A statement on the commerce ministry's website also said it plans to issue a final announcement on its trade investigation of brandy imports...Reuters
Sat, Jun 7
LIVESTOCK-CME cattle futures stampede higher as cash cattle market soars
By Julie Ingwersen CHICAGO, June 6 (Reuters) - Chicago Mercantile Exchange cattle futures set life-of-contract highs on Friday, sparked by soaring cash prices as meat packers scrambled to keep their plants operating while cattle supplies remained tight, traders said.CME August live cattle futures...Reuters
Sat, Jun 7
USDA redaction of trade analysis causes concern about report integrity
USDA delays quarterly ag trade report, cites internal review processDelayed report published without its usual explanatory text Text of report had linked Trump's tariffs to rising agricultural trade deficitAnalysts worry that staff cutbacks may affect future reportsBy Julie Ingwersen, Leah Dougl...Reuters
Fri, Jun 6
