News
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Brazil beef barons' Wall Street listing caps a return from exile
World's biggest meatpacker has sought US listing since 2009Batistas regain access to Brasilia after bribery scandalJBS unit made $5 million donation to Trump inaugurationBy Luciana Magalhaes, Lisandra Paraguassu and Ricardo Brito GUARUJA, Brazil, June 13 - Brazilian meatpacker JBS begins trad...Reuters
Fri, Jun 13
Commerzbank Raises 2025 Year-end Gold Price Forecast to $3,400/oz
June 13 (Reuters) - COMMERZBANK:NOW EXPECT GOLD PRICE OF $3,400/OZ BY END OF THIS YEAR AND $3,600 BY END OF NEXT YEAR (PREVIOUSLY $3,000 IN EACH CASE)EXPECT SILVER TO END THE YEAR AT $37/OZ, PLATINUM AT $1,250 /OZ AND PALLADIUM AT $1,100/OZ"AT END OF NEXT YEAR, EXPECT SILVER AT $40, PLATINUM AT ...Reuters
Fri, Jun 13
Silver Price Forecast: XAG/USD flat lines below mid-$36.00s; bullish potential seems intact
Silver (XAG/USD) struggled to capitalize on the previous day's recovery from the $35.45 area, or the weekly low and witnessed a good two-way price move through the first half of the European session.Fxstreet
Fri, Jun 13
EUROPE GAS-Prices rise as Israeli strikes on Iran raise supply concerns
LONDON, June 13 (Reuters) - Dutch and British wholesale gas prices rose in early Friday trading after Israeli strikes on Iran sparked concerns that renewed tensions in the Middle East could affect gas supply. The benchmark Dutch front-month contract at the TTF hub TRNLTTFMc1 opened the session a...Reuters
Fri, Jun 13
U.N. nuclear watchdog chief ready to travel to Iran to assess situation
By Francois MurphyVIENNA, June 13 (Reuters) - U.N. nuclear watchdog chief Rafael Grossi said on Friday he was ready to travel to Iran to assess the situation there after Israel carried out widespread military strikes that hit the sprawling nuclear complex at Natanz.In a statement to a meeting of the...Reuters
Fri, Jun 13
Canada's Dundee Precious to buy UK's Adriatic Metals in $1.25 billion deal
Deal offers 50.5% premium to Adriatic's May 19 closing priceAdriatic leadership to exit post-dealHeadquarters to stay in Toronto, UK office to closeBy Anandita Mehrotra June 13 (Reuters) - Canada's Dundee Precious Metals DPM.TO will acquire UK-based Adriatic Metals ADT1.L in a cash-and-st...Reuters
Fri, Jun 13
METALS-Copper eases, SHFE aluminium up on fundamental support
By Hongmei Li SINGAPORE, June 13 (Reuters) - Copper prices fell on Friday on easing optimism after a U.S.-China trade deal, while aluminium on the Shanghai Futures Exchange rose on support from lower inventories.The SHFE most-traded aluminium contract SAFcv1 gained for the third straight day, up ...Reuters
Fri, Jun 13
FACTBOX-Strait of Hormuz: the world's most important oil artery
June 13 (Reuters) - Israel launched widescale strikes against Iran on Friday, saying it targeted nuclear facilities, ballistic missile factories and military commanders during the start of a prolonged operation to prevent Tehran from building an atomic weapon.Iran, which has denied such intentions, ...Reuters
Fri, Jun 13
WTI trades around $74.50 after paring gains, downside seems limited due to supply concerns
West Texas Intermediate (WTI) Oil price pared its daily gains after reaching a five-month high of $74.40, currently trading around $71.80 per barrel during European hours on Friday. Crude Oil prices surged due to rising concerns regarding supply disruptions.Fxstreet
Fri, Jun 13
EU's nuclear energy plans require 241 billion euro investment, draft shows
EU plans to expand nuclear power to 109 GW by 2050Investment needed includes 205 bln euros for new plants, 36 bln for existing reactorsFrance and Germany at odds over nuclear power's role in CO2 emissions targetsBy Kate Abnett and Julia Payne BRUSSELS, June 13 (Reuters) - European Union count...Reuters
Fri, Jun 13
Egypt monitoring situation in region, coordinating to increase strategic reserves of key commodities
DUBAI, June 13 (Reuters) - Egypt is monitoring the situation in the Middle East closely and is coordinating to increase its strategic stock of various commodities, Prime Minister Mostafa Madbouly said on Friday.Reuters
Fri, Jun 13
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $71.51 per barrel, up from Thursday’s close at $67.58.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $69.71 price posted on Thursday, and trading at $73.48.Fxstreet
Fri, Jun 13
Six Iranian nuclear scientists killed in Israeli attack, Iranian state media
DUBAI, June 13 (Reuters) - Six Iranian nuclear scientists were killed on Friday in Israeli strikes, Iranian state media reported. Israel has said the attack was carried out to curb Iran's disputed nuclear programme.Reuters
Fri, Jun 13
Indonesia, Singapore sign deals on power trade, carbon capture
JAKARTA, June 13 (Reuters) - Indonesia and Singapore signed initial deals on Friday to develop cross-border trade in low carbon electricity and collaborate on carbon capture and storage, ministers from both countries said in Jakarta. The electricity deal reaffirmed an earlier agreement to export sol...Reuters
Fri, Jun 13
IAEA says no increase in radiation levels at Iran's Natanz nuclear site
June 13 (Reuters) - The International Atomic Energy Agency on Friday said there was no increase in radiation levels at the Natanz nuclear site that was targeted during an Israeli attack, citing information given to them by Iranian authorities.The international atomic energy watchdog also added that ...Reuters
Fri, Jun 13
TECHNICALS-CBOT s oybeans may retest support at $10.38-3/4
For more technical analyses, please click SINGAPORE, June 13 (Reuters) - The CBOT soybean July contract SN25 may retest the support level at $10.38-3/4 per bushel, a break below which could open the way towards $10.33.The contract seems to be riding on a wave C from $10.63-3/4. A projection analysis...Reuters
Fri, Jun 13
Gold price sits near its highest level since April 22 amid fears of wider Middle East war
Gold price (XAU/USD) continues scaling higher for the third consecutive day on Friday, rising to the $3,444 area, or its highest level since April 22 during the Asian session amid the global flight to safety.Fxstreet
Fri, Jun 13
