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Aluminium falls to lowest since late March on Iran deal
Aluminium prices fell to their lowest level in two-and-a-half months on Monday as a U.S.-Iran framework agreement to end their war improved prospects for deliveries from Gulf producers, even though shippers were still cautious on transit through the Strait of Hormuz. The benchmark three-month aluminium on the London Metal Exchange was down 3.0% at $3,430 a metric ton in official open-outcry trading, having hit $3,408, its lowest since March 30. U.S. and Iranian officials said they had reached an agreement to end their war and reopen the Strait of Hormuz, a preliminary pact that sent oil prices falling but leaves the ... (full story)
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From cnbc.com|8 hr ago|31 commentsVice President JD Vance on Monday said after the U.S. and Iran struck a preliminary deal that there are “a lot” of details that remain to be ironed out, but he expressed ...
From dailyforex.com|9 hr agoThe copper market gapped higher to kick off the trading session on Friday, showing signs of strength again as the market has been in an uptrend for some time. That being said, it ...
From breakingthenews.net|9 hr agoThe industrial production in the United States increased by 0.1% in May compared to April, according to the latest report by the Federal Reserve Board on Monday. On a yearly ...
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From @IranNuances|7 hr ago|3 comments#Iran ’s Foreign Minister Araghchi: A meeting between heads of Iran and US negotiating teams will likely take place in Switzerland this Friday, where the Iran-US MoU is expected to be signed, followed by the first round of the following negotiations. pic.twitter.com/2GUMGLZDTJ
From @financialjuice|7 hr ago|8 commentsSenior US Official: Trump and Vance signed MOU, and so did the Iranian parliamentary speaker. US Official: US-Iran MOU provides for immediate Hormuz opening. Hormuz opening takes a little bit of time. Senior U.S. official: agreement ensures prompt reopening of Strait of Hormuz and removal of U.S. sanctions on Iran US official: anticipate rise in Hormuz flow within 1-2 weeks U.S. official: Clearing Iranian mines from the Strait of Hormuz will take time before it can reopen.
From channelnewsasia.com|6 hr agoIran's foreign ministry said on Monday (Jun 15) that Tehran still holds "deep mistrust" of the United States despite an agreed framework aimed at ending the war. "Unfortunately, ...
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- Jun 15, 10:07am | 7 hr ago Posted byFundamental Analysis60
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