18/06/2025
Quick summary
At the end of the session on June 17, oil prices rose by more than 4% due to the Iran-Israel conflict, gold increased slightly, while sugar dropped by about 3%.
1. Wall Street
- Dow Jones decreased by 0.70% to 42,215.80 points.
- The S&P 500 lost 0.84% to 5,982.72 points.
- The Nasdaq Composite decreased by 0.91% to 19,521.09 points.
- Donald Trump demanded that Iran surrender unconditionally and warned to evacuate the people of Tehran.
- Trump holds an emergency national security meeting, sending additional US forces to the Middle East.
2. Crude oil
- Brent rose 4.4% to 76.45 USD per barrel.
- WTI rose 4.28% to 74.84 USD per barrel.
- Although Iran's gas production is temporarily halted at South Pars, supply remains abundant according to the IEA.
3. Gold and silver
- Spot gold increased by 0.2% to 3,390.59 USD/oz; August futures fell by 0.3% to 3,406.9 USD/oz.
- The USD Index rose 0.8%, putting pressure on gold prices.
- Spot silver rose nearly 2% to 37.05 USD/oz – the highest in 13 years.
4. Copper
- 3-month LME copper futures fell 0.3% to 9,677 USD/ton.
- Copper Comex rose to 4.7955 USD/lb.
- Citi predicts that copper prices could fall to 8,800 USD/ton in the third quarter if import taxes are imposed.
5. Coffee
- Robusta decreased by 0.9% to 4,155 USD/ton; the 10-month low previously hit 4,133 USD.
- Arabica fell 2.3% to 3.3245 USD/lb.
- The Brazilian harvest and the export of Vietnamese Robusta support the supply.
6. Measures to restrict travel
- Reuters: Trump considers expanding travel restrictions for citizens of 36 countries.
- Threatening to ban entry to Angola, Benin, Burkina Faso... if security standards are not met.
- A deadline of 60 days for countries to comply with passport criteria and counter-terrorism controls.
7. Cybersecurity
- Iran faced 6,700 DDoS attacks in 3 days, targeting Internet infrastructure and Sepah bank.
- The Predator Sparrow group takes responsibility, focusing on sabotaging public and industrial systems.
- Experts warn that cyber warfare is becoming a key battleground.
8. EU Warning
- The EU warns that U.S. military intervention could pull the entire Middle East into war.
- Secretary of State Rubio is cautious, proposing diplomacy and tightening the price cap on Russian oil.
Source: Vietfutures aggregated
