June 5, 2026 2:31 pm
Key Moments U.S. natural gas futures have risen, supported by lower-than-expected storage builds and strengthening LNG export flows. ING highlights that gas flows to LNG export facilities have been recovering following seasonal maintenance, lending additional price support. Analysts at ING see the medium- to long-term Henry Hub outlook as less constructive than before the Iran […]
Read moreJune 5, 2026 1:58 pm
Key Moments Commerzbank’s Thu Lan Nguyen highlights that U.S. aluminum supply remains tight more than a year after import tariffs were introduced. A planned smelter in Oklahoma has been halted on environmental and ownership issues, while overall U.S. aluminum production has fallen. High prices and elevated import premiums have weighed on demand, raising the risk […]
Read moreJune 5, 2026 1:20 pm
Key Moments China has created China Mineral Resources Group to centralize iron ore purchases and promote yuan-based trade. Meanwhile, Australian producers are exploring state-backed marketing structures to strengthen their bargaining position. In addition, industry leaders are studying Indonesia’s single-desk export model as a possible template. China Strengthens Its Buying Power Rabobank strategist Benjamin Picton highlighted […]
Read moreJune 5, 2026 11:00 am
Key Moments Gold (XAU/USD) trades near $4,463, down 0.26%, as investors await the US May jobs report. Meanwhile, stalled US-Iran talks and Middle East tensions are supporting the US Dollar and Treasury yields. Markets expect 85K new jobs in May, while the unemployment rate is forecast to remain at 4.3%. Gold Eases Ahead of Key […]
Read moreJune 5, 2026 9:09 am
Key Moments Front-month Brent futures closed 2.84% lower despite ongoing concerns about the Strait of Hormuz. Meanwhile, Rabobank expects the Strait of Hormuz to remain functionally closed until at least September. Global oil demand has fallen by about 4 million barrels per day, while inventories continue to decline. Market Overview Oil markets remain in focus […]
Read moreJune 5, 2026 8:27 am
Key Moments West Texas Intermediate (WTI) futures trade near $91.00 during early European trading on Friday. Meanwhile, a US-brokered ceasefire between Israel and Lebanon remains fragile amid ongoing tensions. In addition, US President Donald Trump says negotiations with Iran and the IRGC are nearing a critical stage. WTI Holds Near $91 as Geopolitical Risks Persist […]
Read moreJune 5, 2026 7:08 am
Key Moments XAG/USD drops 2% to around $72.40 during Asian trading and falls below the $72.50 level. Meanwhile, Fed officials signal that interest rates may stay high or rise further due to inflation risks. Investors now await the May US Nonfarm Payrolls report. Economists expect 85K new jobs and a 4.3% unemployment rate. Silver Falls […]
Read moreJune 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 […]
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