June 16, 2026 7:17 am
Key Moments Rabobank flags that a brief US-Iran memorandum has not resolved major uncertainties over oil flows through the Strait of Hormuz. Conflicting estimates suggest it could take between 1-2 weeks and 40-50 days for energy shipments to resume normal passage. Iran’s stated 60-day negotiation window, after which it plans to levy de facto tolls, […]
Read moreJune 15, 2026 2:03 pm
Key Moments Wheat futures are showing double-digit losses in early Monday trading after ending the prior week weaker. Managed money increased its net short position in Chicago wheat to 79,407 contracts, while funds turned net short in KC wheat. New-crop U.S. wheat export sales reached 4.591 MMT as of June 4, equal to 21.77% of […]
Read moreJune 15, 2026 1:23 pm
Key Moments Silver (XAG/USD) trades around $70.70, gaining 3.94% and marking its highest level in several days. The US Dollar Index (DXY) declines about 0.25% to near 99.55 after opening the week with a bearish gap. Traders focus on the upcoming Federal Reserve policy decision while monitoring developments around the US-Iran framework agreement. Silver Extends […]
Read moreJune 15, 2026 9:13 am
Key Moments BHP Group Ltd closed at $65.18 on Monday. The stock rose 2.25 points, or 3.58%, on strong copper prices and risk-on sentiment. Copper demand remains strong. It is driven by electric vehicles, renewable energy, and data center growth. Analysts stay broadly positive on BHP. They highlight its diversified assets and exposure to long-term […]
Read moreJune 15, 2026 8:57 am
Key Moments WTI crude fell almost 6% to roughly $80 per barrel, while Brent crude slipped around 5% to about $83 per barrel. Global equity benchmarks in Europe, Asia, and US futures traded higher as investors responded to progress on a US-Iran peace agreement. The newly announced peace deal is expected to be signed on […]
Read moreJune 15, 2026 8:03 am
Key Moments WTI futures on NYMEX trade over 4% lower near $79.50 in Monday’s European session following news of a U.S.-Iran understanding on the Strait of Hormuz. President Donald Trump announces the reopening of the Strait of Hormuz and the removal of the U.S. naval blockade, while Iranian media reports the reopening will occur within […]
Read moreJune 15, 2026 6:46 am
Key Moments Silver (XAG/USD) rises 4% in Asian trading to trade near $70.80. WTI Oil drops 4.8% to around $78.85 after the reopening of the Strait of Hormuz and confirmation of a US-Iran peace deal. Traders turn their focus to the upcoming Federal Reserve policy decision, where rates are expected to remain at 3.50%-3.75%. Silver […]
Read moreJune 15, 2026 6:15 am
Key Moments Gold (XAU/USD) advanced to a weekly high in early European trading on Monday as investors reacted to a US-Iran peace framework. The agreement, set to take effect on Friday, includes a US pledge to lift its naval blockade on Iranian ports and reopen the Strait of Hormuz. Market-implied odds of a US Federal […]
Read moreJune 12, 2026 1:35 pm
Key Moments Wheat futures are lower early Friday, trading between 1 and 4 cents below prior levels across most contracts after a mixed close on Thursday. Weekly export sales data showed old crop bookings of 95,094 MT and stronger-than-expected new crop sales of 666,259 MT, led by demand from Mexico. The latest Crop Production and […]
Read moreJune 12, 2026 1:25 pm
Key Moments Gold (XAU/USD) is fluctuating around $4,200 after rebounding from a nearly seven-month low of $4,023 hit the previous day. Expectations of a US-Iran memorandum of understanding and higher-for-longer US interest rates are pulling Gold in opposite directions. Technical gauges show XAU/USD locked in a bearish structure, with RSI near 35 and price capped […]
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