June 4, 2026 2:32 pm
Key Moments Wheat futures are recovering modestly on Thursday morning across Chicago, Kansas City, and Minneapolis contracts after broad declines in the prior session. USDA Export Sales data is due this morning, with market expectations ranging from 200,000 MT in net reductions for old-crop wheat to net sales of 100,000 MT, and 250,000 to 600,000 […]
Read moreJune 4, 2026 12:54 pm
Key Moments XAU/USD rebounds from $4,425 and trades above $4,490 on Thursday, trimming earlier losses. Ceasefire news between Israel and Lebanon pressures the safe-haven US Dollar and lifts precious metals. A daily close above $4,500 would confirm a bullish engulfing pattern and signal scope for a deeper rebound. Market Overview Gold (XAU/USD) is advancing on […]
Read moreJune 4, 2026 10:18 am
Key Moments A New World screwworm infestation was confirmed in a Texas calf after the parasite spread north through Mexico. U.S. cattle imports from Mexico have been halted for the past year, intensifying record-high beef prices amid a historically small domestic herd. The USDA estimates a potential screwworm outbreak could cost the Texas economy $1.8 […]
Read moreJune 4, 2026 9:45 am
Key Moments LME copper slipped back below $14,000/t after gaining around 3% over the prior two sessions. Rising US-Iran tensions, softer global growth expectations, and higher energy costs weighed on demand sentiment and encouraged profit-taking. The US revised its metals tariff framework, broadening coverage to more copper products while easing rules of origin and reviewing […]
Read moreJune 4, 2026 9:35 am
Key Moments U.S. President Donald Trump is preparing to deploy Cold War-era Defense Production Act authority to direct nearly $700 million to coal-related projects, according to a White House official. More than half of the planned funding is slated for upgrades at 13 coal-fired power plants, with additional allocations for projects in Alaska, Maryland, West […]
Read moreJune 4, 2026 9:03 am
Key Moments Brent crude traded at $96.7 on June 4, roughly 16% below its May peak. A new ceasefire understanding between Israel and Lebanon reduced immediate geopolitical pressure, but enforcement risks remain high. U.S. crude inventories fell for a sixth straight week to 433.7 million barrels, the lowest level since 2004, according to EIA data. […]
Read moreJune 4, 2026 6:48 am
Key Moments Gold holds above a recent one-week low as a truce between Israel and Lebanon prompts profit-taking in the US Dollar. Stalled US-Iran talks and ongoing regional tensions sustain a geopolitical risk premium that helps limit broader USD losses. XAU/USD trades within a descending channel below the 4-hour 100-period SMA near $4,533, preserving a […]
Read moreJune 4, 2026 6:40 am
Key Moments Silver (XAG/USD) trades about 1.2% higher near $73.60 in Thursday’s Asian session after a sharp sell-off. US President Donald Trump indicated the maritime blockade on Iran could remain in place until Labor Day. Stronger-than-expected US ADP jobs data for May has shaped expectations ahead of Friday’s Nonfarm Payrolls release. Market Overview Silver prices […]
Read moreJune 4, 2026 6:08 am
Key Moments WTI trades near $92.70 per barrel after three consecutive sessions of gains. A ceasefire arrangement between Israel and Lebanon reduces regional supply risk, but geopolitical tensions persist. US crude inventories drop by 8 million barrels to 433.7 million, surpassing analysts’ expectations. Ceasefire Agreement Pressures Crude After Rally West Texas Intermediate (WTI) crude prices […]
Read moreJune 3, 2026 1:59 pm
Key Moments Barclays turned more cautious on digital IT services, cutting EPAM Systems and Grid Dynamics to Hold and signaling greater downside than upside in current demand trends. The bank highlighted sharply lower valuations, with the group trading at an average price-to-earnings multiple of 9 times and 8 times on 2026 and 2027 estimates after […]
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