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At midday closing, most domestic futures contracts rose, with palladium, coking coal, and live hogs rising over 4%, fiberboard and lithium carbonate rising over 3%, and propylene, cotton, and zinc rising over 2%. On the downside, japonica rice, SC cr

2026-06-29

At midday closing, most domestic futures contracts rose, with palladium, coking coal, and live hogs rising over 4%, fiberboard and lithium carbonate rising over 3%, and propylene, cotton, and zinc rising over 2%. On the downside, japonica rice, SC crude oil, and synthetic rubber fell over 1%, and polyvinyl chloride (PVC) fell nearly 1%.

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2026-06-29

US President Trump said the Lincoln Memorial Reflecting Pool is now fully operational after suffering severe damage.

US President Trump said the Lincoln Memorial Reflecting Pool is now fully operational after suffering severe damage.
2026-06-29

RBA deputy governor Kent said a review of alternative monetary tools leaves the central bank better able to respond to future shocks. He said the cash rate target remains the primary instrument, while other tools can provide additional support in exc

RBA deputy governor Kent said a review of alternative monetary tools leaves the central bank better able to respond to future shocks. He said the cash rate target remains the primary instrument, while other tools can provide additional support in exceptional periods but are more complex and carry greater risks. Kent referenced the MPC’s newly released framework for supplementary tools in a low-rate environment and said the Committee may be less tolerant of inflation undershooting the 2%–3% target range when rates are low. He added that, in that scenario, the bank could consider lowering the cash rate target earlier and more decisively to counter deflationary shocks.
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