News
Important Only
Economic Indicator
Fed's Waller: long term yields also up amid foreign buyer anxiety
By Michael S. DerbySEOUL, June 2 (Reuters) - Federal Reserve Governor Christopher Waller said Monday rising bond yields are being driven by worries over government deficits and investors' caution over U.S. assets. Waller, speaking in Seoul, South Korea, said yields for Treasury bonds have increa...Reuters
Mon, Jun 2
Commodities
Gold Price Forecast: XAU/USD holds above $3,300 on economic uncertainty, geopolitical risks
The Gold price (XAU/USD) rebounds to around $3,310 during the early Asian trading hours on Monday. Ongoing tariff uncertainty and persistent geopolitical tensions boost demand for safe-haven assets like gold.
Fxstreet
Mon, Jun 2
Commodities
Goldman Sachs sees OPEC+ raising oil output by 0.41 mb/d in August
June 2 (Reuters) - Goldman Sachs anticipates the eight country OPEC+ oil group will implement a final 0.41 million barrels per day (mb/d) production increase in August, the bank said in a note dated Sunday."Relatively tight spot oil fundamentals, beats in hard global activity data, and seasonal ...Reuters
Mon, Jun 2
Commodities
GRAINS-Soybeans fall for second session on improved weather, demand worries
SINGAPORE, June 2 (Reuters) - Chicago soybeans lost more ground on Monday, with the market trading near its lowest in about three weeks on pressure from beneficial weather in the U.S. Midwest and uncertainty over biofuel demand.Wheat and corn prices inched higher in early Asian trade.FUNDAMENTALS* T...Reuters
Mon, Jun 2
Commodities
South Korea to discuss 50% tariff on steel products with US, ministry says
SEOUL, June 2 (Reuters) - South Korea's Industry Ministry said on Monday it will respond to the new 50% U.S. tariff on steel products as part of the country's ongoing trade discussions with Washington in order to minimise the impact on industry.The ministry held a meeting with officials from...Reuters
Mon, Jun 2
Other
Polish conservative Nawrocki leads presidential vote
Official results due MondayTrzaskowski favours strong EU tiesNawrocki inspired by TrumpBy Marek Strzelecki and Anna Koper WARSAW, June 1 (Reuters) - Eurosceptic Karol Nawrocki established a lead in Sunday's presidential election in Poland, late exit polls showed, with the ballot seen as a tes...Reuters
Mon, Jun 2
Economic Indicator
Japan factory declines slow in May but tariff worries persist, PMI shows
TOKYO, June 2 (Reuters) - Japan's factory activity shrank at the slowest pace in five months in May as the decline in new orders eased, but worries over U.S. tariffs have dampened the recovery from an almost year-long contraction, a private-sector survey showed on Monday.The final au Jibun Bank ...Reuters
Mon, Jun 2
Stocks
GLOBAL MARKETS-Asia share markets, dollar wary on tariff news
Asian stock markets: https://tmsnrt.rs/2zpUAr4Nikkei slips, S&P futures modestly lowerEyes on U.S. jobs data, steel levies deadline ECB seen cutting rates, BoC on hold By Wayne Cole SYDNEY, June 2 (Reuters) - Asian share markets made a wary start to the week on Monday as investors navigated t...Reuters
Mon, Jun 2
Other
PRESS DIGEST- Financial Times - June 2
June 1 (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 -Bidders for BP's Castrol weigh offers below expected $8bln valuation -AstraZeneca unveils drug to treat mutating breast cancer ...Reuters
Mon, Jun 2
Commodities
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, June 2 (Reuters) - Contract Target Support/Resistance Brent oil $64.38/$64.80/$65.31sup $63.46/$63.11/$62.64Palm oil (3rd month)--WTI* $63.06sup $61.47/$60.97/$60.48Spot gold$3,324/$3,330/$3,348sup $3,304/$3,291/$3,272LME copper (3rd month)*$...Reuters
Mon, Jun 2
Commodities
Goldman Sachs sees OPEC8+ raising oil output by 0.41 mb/d in August
June 2 (Reuters) - Goldman Sachs anticipates OPEC8+ will implement a final 0.41 million barrels per day (mb/d) production increase in August and maintain steady production levels starting in September, the bank said in a note dated Sunday.Goldman maintained its cautious oil price forecast, projectin...Reuters
Mon, Jun 2
Other
ASX-listed James Hardie secures $3.5 billion senior credit facilities
June 2 (Reuters) - ASX-listed James Hardie JHX.AX said on Monday it had secured new senior credit facilities for a total of $3.5 billion with broad support, including 30 participating banks to support its operations and acquisition of U.S.-listed AZEK AZEK.N.Reuters
Mon, Jun 2
Other
Fed's Waller still open to cutting interest rates later this year
Waller says tariffs will drive temporary inflation Fed can look throughWaller says uncertainty remains around trade policy Tariff impacts to be most apparent in second half, Waller says By Michael S. Derby June 1 (Reuters) - Federal Reserve Governor Christopher Waller said Sunday that interest r...Reuters
Mon, Jun 2
Economic Indicator
OPEC+ agrees on third oil output hike, may be larger than 411,000 bpd - Reuters
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed to surge oil output for the third month in a row. An increase in oil output for July that may be larger than the 411,000 barrels per day (bpd) increases it made for May and June, per Reuters.Fxstreet
Sun, Jun 1
Other
James Hardie Announces Credit Agreement Totaling $3.5 Bln
June 2 (Reuters) - James Hardie Industries PLC JHX.AX:CREDIT AGREEMENTSYNDICATED NEW SENIOR SECURED CREDIT FACILITIES TOTALING $3.5 BILLION WITH BROAD SUPPORT INCLUDING 30 PARTICIPATING BANKSCOMPANY SYNDICATED NEW SENIOR SECURED CREDIT FACILITIES TOTALING $3.5 BILLION$2.5 BILLION SENIOR SECURED TERM...Reuters
Sun, Jun 1
