June 30, 2026 12:10 pm
Key Moments Kuala Lumpur rubber prices ended the session mixed, backed by strength in regional rubber futures and a softer ringgit against the US dollar. Upside was restrained by lower crude oil prices, worries over the US economic outlook, and ongoing uncertainty around the US-Iran peace process. SMR gained nine sen to 868 sen per […]
Read moreJune 30, 2026 9:54 am
Key Moments ING strategists say oil has moved back to pre-war price levels but caution that expectations for a rapid and lasting supply recovery may be too optimistic. They describe an unstable mix of subdued physical buying and ongoing releases from strategic reserves, which they argue cannot persist indefinitely. ING expects clearer visibility on second-round […]
Read moreJune 30, 2026 8:53 am
Key Moments WTI trades near $70.10 per barrel during Asian hours as downside pressure persists. Uncertainty over possible US-Iran talks in Doha and a fragile interim ceasefire keeps risk sentiment cautious. Iraq’s push for a higher OPEC quota heightens supply concerns and strains cohesion within the producer group. WTI Holds Near Lows Around $70 Amid […]
Read moreJune 30, 2026 6:39 am
Key Moments Silver (XAG/USD) bounced from near $56.60 but remained 1.55% lower around $57.40 during Tuesday’s Asian trade. Market pricing via the CME FedWatch tool pointed to nearly an 80% probability of at least one Federal Reserve rate hike this year. Traders monitored U.S. JOLTS Job Openings for May and looked ahead to June Nonfarm […]
Read moreJune 30, 2026 6:24 am
Key Moments Gold (XAU/USD) bounced modestly after hitting its weakest level since November 2025, but remained lower for a second consecutive session. Heightened US-Iran tensions, firmer Federal Reserve rate expectations, and a stronger US Dollar continued to weigh on the metal, with prices holding below $4,000. Traders focused on upcoming US data, comments from Fed […]
Read moreJune 29, 2026 2:25 pm
Key Moments Hard red wheat contracts were trading higher on Monday morning, while the broader wheat complex showed mixed price action. Managed money expanded its net short position in wheat to 71,206 contracts in the week ending June 23, according to CFTC data. A South Korean mill issued a tender for 100,000 MT of wheat […]
Read moreJune 29, 2026 12:53 pm
Key Moments WTI is trading roughly flat around $70.00 after a nearly 25% decline in recent weeks. Reports indicate the US and Iran have agreed to halt recent attacks, while the timing of renewed peace talks remains uncertain. The status of shipping and sovereignty in the Strait of Hormuz is unclear, with Iran and Oman […]
Read moreJune 29, 2026 12:35 pm
Key Moments The U.S. and Iran agreed to pause mutual attacks and restart talks on the Strait of Hormuz, easing immediate shipping disruptions. Energy markets reacted cautiously, with Brent, WTI and Omani crude prices rising while Dubai crude slipped. BNY highlights that while oil-related inflation pressures have eased, emerging supply constraints from the global AI […]
Read moreJune 29, 2026 9:51 am
Key Moments Gold (XAU/USD) trades around $4,050 on Monday, down 0.96% as safe-haven demand eases. Signals of de-escalation between the United States and Iran, including plans for Doha talks, reduce risk premiums. Market pricing reflects roughly a 48% probability of a Federal Reserve rate hike in September, limiting gold’s appeal. Gold Under Pressure as Geopolitical […]
Read moreJune 29, 2026 9:21 am
Key Moments Australian natural gas exploration spending reached the equivalent of $329 million in the first quarter, the highest level in ten years. Rystad Energy projected a 10% full-year rise in gas exploration investment, implying total exploration spending in 2026 would exceed $1 billion. New South Wales and Queensland moved to support new gas and […]
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