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METALS-London copper prices ease; US tariff concerns persist
By Hongmei Li SINGAPORE, June 4 (Reuters) - Prices of London copper ticked down on Wednesday as uncertainty over U.S. tariffs on the metal kept a lid on prices.Three-month copper on the London Metal Exchange CMCU3 eased 0.2% to $9,615.5 per metric ton by 0102 GMT. The most-traded copper contract ...Reuters
Wed, Jun 4
Advanced nuclear companies and others urge Senate to keep energy tax credits
June 3 (Reuters) - Energy companies representing technologies that provide baseload, or stable and consistent power, on Tuesday urged U.S. Senate leadership to preserve clean energy tax credits that were effectively gutted by a Republican bill passed last month by the House of Representatives.WHY IT...Reuters
Wed, Jun 4
Oil prices slip as rising OPEC+ output, tariff fears weigh on outlook
By Yuka Obayashi TOKYO, June 4 (Reuters) - Oil prices edged lower in early Asian trade on Wednesday, weighed down by a loosening supply-demand balance following increasing OPEC+ output and lingering concerns over the global economic outlook due to tariff tensions. Brent crude futures LCOc1 dipped...Reuters
Wed, Jun 4
COLUMN-Rio Tinto bets lithium will retain its battery metal crown: Andy Home
By Andy Home LONDON, June 3 (Reuters) - It's a tough time to be a lithium producer as the light metal sinks under the weight of excess supply. Lithium hydroxide prices LTHc1 have collapsed by 90% from their 2022 peak and show no signs of recovery. Multiple producers are now operating at zero ...Reuters
Wed, Jun 4
Mexico to ask Washington for relief from doubled steel tariff
MEXICO CITY, June 3 (Reuters) - Mexico will ask that it be excluded from the United States' increased tariffs on steel, Economy Minister Marcelo Ebrard told reporters before an event on Tuesday, after U.S. President Donald Trump formally doubled the duty on imported steel to 50%."We will ask...Reuters
Wed, Jun 4
Canada in 'intensive' negotiations to have US tariffs removed, PM Carney's office says
OTTAWA, June 3 (Reuters) - The Canadian government is engaged in "intensive and live" negotiations to get exempted from newly announced additional U.S. tariffs on steel and aluminum as well as other import duties imposed by the Trump administration, Prime Minister Mark Carney's office sa...Reuters
Wed, Jun 4
LIVESTOCK-Cattle futures retreat from 3-week high, but cash prices support
By Julie IngwersenCHICAGO, June 3 (Reuters) - Chicago Mercantile Exchange cattle futures closed lower on Tuesday, retreating after the benchmark August contract hit a three-week high, though recent strength in cash cattle prices continues to support the market, traders said.CME August live cattle fu...Reuters
Wed, Jun 4
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, June 4 (Reuters) - Contract Target Support/Resistance Brent oil $64.80res $65.89/$66.21/$67.27Palm oil (3rd month)3,968/3,998 ringgitsup 3,912/3,886 ringgitWTI* $62.78/$62.37res $63.94/$64.66Spot gold$3,337/$3,324/$3,304res $3,370/$3,391/$3,4...Reuters
Wed, Jun 4
Roblox down for tens of thousands of users in the US, Downdetector shows
June 3 (Reuters) - Video game maker Roblox RBLX.N was down for tens of thousands of users in the United States on Tuesday, according to outage tracking website Downdetector.com.There were 3,737 incidents of people reporting issues with Roblox as of 7:56 p.m. ET, Downdetector showed.User reports indi...Reuters
Wed, Jun 4
WTI extends upside above $62.50 geopolitical risks, supply fears
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.80 during the Asian trading hours on Tuesday. The WTI price extends the rally to two-week highs amid persistent geopolitical tensions and a weaker US Dollar (USD).
Fxstreet
Wed, Jun 4
Roblox down for tens of thousands of users in the US, Downdetector shows
June 3 (Reuters) - Video game maker Roblox RBLX.N was down for tens of thousands of users in the U.S. on Tuesday, according to outage tracking website Downdetector.com.There were more than 99,000 incidents of people reporting issues with Roblox as of 7:27 p.m. ET, Downdetector showed.Reuters
Tue, Jun 3
Wind opponents sue Trump administration to block New York wind project
June 3 (Reuters) - Fishing companies and offshore wind opponents filed a lawsuit on Tuesday challenging the Trump administration's decision to reverse course and allow construction to resume on Empire Wind, a $5 billion wind farm project off New York's coast.Reuters
Tue, Jun 3
Justice Department accuses two Chinese researchers of smuggling 'potential agroterrorism weapon' into US
By Jasper WardWASHINGTON, June 3 (Reuters) - U.S. federal prosecutors have accused two Chinese nationals of smuggling a dangerous biological pathogen that had the potential to be used as an agricultural terrorism weapon into the United States for research.The U.S. Department of Justice on Tuesday id...Reuters
Tue, Jun 3
Brazilian prosecutors seek to block $180 million carbon credit deal
By Manuela Andreoni and Ricardo Brito SAO PAULO, June 3 - Brazilian prosecutors are seeking to annul a $180 million carbon offset scheme to support the conservation of the Amazon rainforest that the state of Para signed last year with a coalition of major corporations and wealthy governments, acc...Reuters
Tue, Jun 3
WRAPUP 2-Ukrainian officials visit US, accuse Russia of silence; Russian strike kills four in Sumy
Ukrainian officials in Washington to drum up US supportSenior Ukrainian official briefs US officials on battlefield Kyiv accuses Moscow of foot-dragging, not responding to proposalsKremlin says should not expect immediate solutionsRussian strike kills four in northern Ukrainian city of SumyUkrainian...Reuters
Tue, Jun 3
US Cash Grains-Soybean bids up, corn mixed as futures rise
CHICAGO, June 3 (Reuters) - Spot soybean basis bids increased at two elevators while soybean bids were mixed as futures rose and selling remained muted, dealers said. Soybean bids rose at elevators in Ohio and Iowa. The corn basis rose at a Nebraska elevator and declined at an Illinois river termina...Reuters
Tue, Jun 3
CANADA-CRUDE-Discount on Western Canada Select heavy crude widens; wildfires reduce Canadian output
June 3 (Reuters) - The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) CLc1 widened on Tuesday but remained in historically tight territory as wildfires continued to disrupt Canadian oil production.WCS for July delivery in Hardisty, Alber...Reuters
Tue, Jun 3
US skips hike in UK steel and aluminum tariffs as both countries eye quick trade deal
Reynolds, Greer hold talks in ParisUK Steel warns of 'body blow' if tariffs riseReynolds to meet EU trade commissioner after US talksBy Alistair Smout and Andrea Shalal LONDON/WASHINGTON, June 3 (Reuters) - The United States on Tuesday announced it would skip doubling steel and aluminum t...Reuters
Tue, Jun 3
Macron and Meloni meet in Rome after tensions on Ukraine, trade
Macron, Meloni differences flared over Ukraine coalitionItaly, France tension on politics, diplomacy, businessLeaders also discussed Libya, Middle East, joint statement saysBy Michel Rose and Angelo Amante PARIS/ROME, June 3 (Reuters) - French President Emmanuel Macron and Italian Prime Minister ...Reuters
Tue, Jun 3
