June 17, 2026 2:13 pm
Key Moments The London Metal Exchange will introduce a new contract in October based on Shanghai Futures Exchange hot-rolled coil prices. SHFE’s hot-rolled coil futures recorded 169 million lots of volume in 2025, far exceeding the 139,109 lots for LME Chinese HRC futures. Currency conversion and pricing for the new product will be managed by […]
Read moreJune 17, 2026 2:04 pm
Key Moments Brent crude futures rose 1.2% to $79.90 per barrel and WTI gained 0.7% to $76.60 per barrel as of 09:21 ET (13:21 GMT). Both benchmarks had fallen about 10% over the last two sessions, with Brent dropping below $80 for the first time since early March. The International Energy Agency projected a substantial […]
Read moreJune 17, 2026 1:05 pm
Key Moments Soybean futures added 8 to 9 cents in Wednesday morning activity after closing Tuesday up 7 1/2 to 11 3/4 cents. NASS reported U.S. soybean conditions at 66% good/excellent, with notable weekly gains in IN, MN, ND, and SD and declines in IL, IA, NE, and OH. Brazil’s June soybean exports were estimated […]
Read moreJune 17, 2026 12:39 pm
Key Moments Corn futures posted early Wednesday gains of 5 to 6 cents after ending Tuesday’s trade mixed across contract months. Weekly U.S. corn condition ratings edged up to 68% good-to-excellent, with notable regional shifts in key producing states. Traders are awaiting EIA data, watching for an uptick in ethanol production for the week ending […]
Read moreJune 17, 2026 12:25 pm
Key Moments Spot gold inched up 0.1% to $4,333.64 an ounce, with futures at $4,353.32, after four straight sessions of gains. An interim U.S.-Iran agreement that extends a ceasefire and allows Iran to resume oil exports helped pull crude prices lower, easing energy-driven inflation concerns. Markets are now focused on the Federal Reserve’s policy decision […]
Read moreJune 17, 2026 10:25 am
Key Moments Silver trades at $70.38 on the 4-hour chart. It sits just below the $71.40–$71.75 resistance zone. Short-term signals lean bullish above $67.40. However, the broader trend still favors sellers. Traders see two main paths. Price can rise toward $77.00 or fall toward $61.60. Intraday Snapshot: Momentum vs Trend Pressure Silver (SI) trades at […]
Read moreJune 17, 2026 10:15 am
Key Moments WTI crude traded near $75.60 in European hours on Wednesday. The market showed little direction. Traders priced in a possible US-Iran interim deal. However, uncertainty around Hormuz traffic limited downside. Middle East crude benchmarks weakened. In addition, several grades moved into contango. WTI Stays Under Pressure as Supply Outlook Shifts West Texas Intermediate […]
Read moreJune 17, 2026 9:56 am
Key Moments Benchmark Dutch front-month gas futures dropped to 41.4 per megawatt hour, reaching their lowest level in over one month. The British natural gas contract declined below the 100 mark to 98.69 pence per therm, also hitting a one-month low. Traders have been unwinding the conflict premium in European energy assets as details of […]
Read moreJune 17, 2026 8:40 am
Key Moments Brent crude has dropped to about $78/bbl, marking a three-month low and a fourth straight daily decline. Deutsche Bank cites reports of a 14-point US-Iran peace framework, including export waivers and reopening of the Strait of Hormuz, as the key driver of the move. The pullback in oil prices has supported European, energy-sensitive […]
Read moreJune 17, 2026 7:16 am
Key Moments Gold (XAU/USD) trades above $4,300 but stays below its weekly high and the 200-day SMA as traders wait for the FOMC outcome. An interim US-Iran peace framework weighs on the safe-haven USD, giving gold some support despite a generally bearish tone. Markets are pricing roughly a 60% probability of a 25 bps Fed […]
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