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European gas prices steady on Monday as traders weighed mixed U.S. signals over negotiations with Iran on reopening the Strait of Hormuz. European benchmark gas futures rose modestly after a cumulative decline of more than 9% last week. Iran said it

2026-09-28

European gas prices steady on Monday as traders weighed mixed U.S. signals over negotiations with Iran on reopening the Strait of Hormuz. European benchmark gas futures rose modestly after a cumulative decline of more than 9% last week. Iran said it would not relax conditions to reopen the strait after Trump rejected its latest proposal, but Trump indicated talks could resume this week. Continued negotiation delays and rising winter supply uncertainty are increasing pressure on Europe to replenish unusually low gas inventories before the heating season. The Strait of Hormuz previously handled roughly one-fifth of global LNG shipments; prolonged disruption could intensify competition among global gas buyers.

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2026-09-28

SHFE silver 2610 contract saw volatility pick up after the midday reopening; intraday loss widened to 4.86%, last at 14,970 yuan/kg.

SHFE silver 2610 contract saw volatility pick up after the midday reopening; intraday loss widened to 4.86%, last at 14,970 yuan/kg.
2026-09-28

Singapore Aug seasonally adjusted industrial production m/m -0.5% (consensus +2.3%); July +2.3%.

Singapore Aug seasonally adjusted industrial production m/m -0.5% (consensus +2.3%); July +2.3%.
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