Rate June News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Gold prices remained steady after reaching a three-month low following statements from U.S. Federal Reserve Chair Jerome Powell indicating the possibility of further interest rate hikes. Powell noted that if the economy maintains its current direction, further rate increases are a “pretty good guess” of where the bank is headed. The opportunity cost of holding non-yielding bullion rises with interest rate hikes, and the possibility of such an increase caused the world's largest gold-backed exchange-traded fund, SPDR Gold Trust, to fall 0.19% on June 20th.

Chicago corn futures inched lower in early Asian trade on Thursday, as traders locked in profits after a recent rally over concerns about dry weather conditions in key areas of the U.S. Midwest.

Australia's labour market report is out as follows: Australia Employment Change June: 88.4K (est 30K, prev 60.6K). Unemployment Rate June: 3.5% (est

Chicago soybean futures rose on Thursday with the market gaining for the first time in five sessions on bargain-buying, although forecasts of improved weather in parts of the U.S. Midwest kept a lid on prices. Wheat gained ground after closing largely unchanged on Wednesday. FUNDAMENTALS * The most-active soybean contract of the Chicago Board of ...

SINGAPORE — Chicago soybean futures rose on Thursday with the market gaining for the first time in five sessions on bargain-buying, although forecasts of…