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Trump says he discussed Geneva tariff deal with Xi, teams to meet shortly
WASHINGTON, June 5 (Reuters) - President Donald Trump said U.S. and Chinese teams will meet shortly after he and Chinese leader Xi Jinping discussed trade in a phone call on Thursday, adding that there "should no longer be any questions" on rare earth products."The conversation was focus...Reuters
Thu, Jun 5
FACTBOX-Auto companies face shortages due to China's rare earth restrictions
June 5 (Reuters) - Automakers and their suppliers are facing shortages due to restrictions on Chinese exports of rare earths, minerals and magnets, an issue that has forced some to shut down production of certain models.Rare earth magnets are used in motors that run electric vehicles and other car p...Reuters
Thu, Jun 5
US natural gas prices edge up ahead of storage report on forecasts for more demand
Energy firms likely added more gas to storage for 7th straight weekGas stockpiles currently 4% above normalLNG export feedgas down in May and June due to maintenanceBy Scott DiSavino June 5 (Reuters) - U.S. natural gas futures edged up about 1% to a three-week high on Thursday on low output in re...Reuters
Thu, Jun 5
Silver surges past $35/oz level to hit a more than 13-year high
Silver has gained 24% so far in 2025Gold-silver ratio dropped to 94 from 105 in AprilSilver faces fifth year of structural market deficitDemand as industrial material could lift price to $40 or $50/ozBy Anushree Mukherjee June 5 (Reuters) - Silver has soared to the key milestone of $35 per ounce,...Reuters
Thu, Jun 5
ANALYSIS-The world's auto supply chain is in the hands of a few Chinese bureaucrats
China introduced new rare earth export controls in AprilExport permits must be approved by bureau in Commerce MinistryStaff levels were only recently boosted to 60, sources saySlow pace of approvals hitting the auto industry worldwideBy Laurie Chen and Lewis Jackson BEIJING, June 5 (Reuters) - In...Reuters
Thu, Jun 5
REFILE-India, US push to finalise interim tariff deal as Trump's deadline nears
US trade delegation in New Delhi for two-day talks Negotiators likely to finalise tariff cuts, market access issues part of interim deal, sources say Interim deal likely to be announced by month endBy Manoj Kumar NEW DELHI, June 5 (Reuters) - Indian and U.S. officials are holding high-level talk...Reuters
Thu, Jun 5
Ukraine's export losses set to reach $800 mln in June-December
Ukraine's agricultural exports to be affected by end of EU preferential trade regimeCentral bank says export losses not criticalExports of wheat, sugar and poultry most affected - analystsKYIV, June 5 (Reuters) - Ukraine's export losses are set to reach $800 million for the period June to De...Reuters
Thu, Jun 5
PRESS DIGEST-Canada - June 5
June 5 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** Algoma Steel Group's ASTL.TO chief executive Michael Garcia is calling on Ottawa to immediately bring in tarif...Reuters
Thu, Jun 5
CBOT Trends-Wheat up 2-4 cents, corn up 1-3 cents, soy down 2-4 cents
CHICAGO, June 5 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Thursday: WHEAT - Up 2 to 4 cents per bushelCBOT wheat rose amid concerns over escalating attacks between grain exporte...Reuters
Thu, Jun 5
Gold extends gains ahead of ECB rate decision, US Jobless Claims, and trade talks
Gold (XAU/USD) extends its upward move during the European session on Thursday, with markets focusing on the European Central Bank (ECB) decision, US employment data, and developments surrounding trade talks ahead of US President Donald Trump’s meeting with German Chancellor Friedrich Mertz.
Fxstreet
Thu, Jun 5
Spain pays first arbitration award in long-running renewable subsidies dispute
MADRID, June 5 (Reuters) - The Spanish government has agreed to pay 32 million euros ($37 million) to a U.S. fund to end a legal dispute tied to renewable energy subsidies that were cut over a decade ago, an Energy Ministry spokesperson said on Thursday.Foreign investors, mostly investment funds, to...Reuters
Thu, Jun 5
Red Sea marine traffic up 60% after Houthis narrowed targets, EU commander says
Shipping through Bab al-Mandab strait fell due to Houthi attacks Houthis say they have narrowed targets to Israeli-linked shipsCommander says 'huge possibility' other ships won't be hitAspides commander says he's asked to boost mission's capacityBy Charlie Devereux MADRID, Jun...Reuters
Thu, Jun 5
Ukraine's export losses set to reach $800 mln in June-December
KYIV, June 5 (Reuters) - Ukraine's export losses are set to reach $800 million for the period June to December this year following the expected end of free access to the European Union market, a central bank deputy governor said on Thursday.Preferential trade with the EU, a major trading partner...Reuters
Thu, Jun 5
Canada Infrastructure Bank Co & Elemental Energy Reached Financial Close On $97 Million Loan To Support New Wind Energy Project, Wedgeport Wind
CANADA INFRASTRUCTURE BANK: CO & ELEMENTAL ENERGY REACHED FINANCIAL CLOSE ON $97 MILLION LOAN TO SUPPORT NEW WIND ENERGY PROJECT, WEDGEPORT WINDCANADA INFRASTRUCTURE BANK: 85 JOBS CREATED DURING CONSTRUCTION AND FULL-TIME JOBS TO SUPPORT OPERATIONSCANADA INFRASTRUCTURE BANK: WEDGEPORT WIND CONST...Reuters
Thu, Jun 5
RPT-COLUMN-Trump’s China ethane export curbs are another exercise in self-harm: Bousso
Trump administration seeks licence for ethane exports to ChinaChina accounts for 46% of US ethane exportsEthane is used to produce plasticsBy Ron Bousso LONDON, June 5 - The Trump administration's latest efforts to curb U.S. petrochemical exports to China could end up hurting the U.S. energy ...Reuters
Thu, Jun 5
