June 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 […]
Read moreJune 29, 2026 8:46 am
Key Moments Platinum dropped below $1,650 an ounce, touching its weakest level since mid-December 2025. A stronger US dollar and ongoing inflation concerns have weighed on prices despite a projected supply deficit. Technical indicators show platinum near oversold territory, with key support at $1,624 and resistance around $1,731 and $1,812. Fundamentals Weigh on Platinum as […]
Read moreJune 29, 2026 8:35 am
Key Moments Dutch TTF futures fell to a two-month low before stabilizing, following the preliminary US-Iran peace framework. European gas prices remain about 10% above the same period last year and nearly 30% higher than before the late-February US-Iran conflict. Technical signals point to short-term volatility, with key price levels clustered between $40.00 and $45.90. […]
Read more