Commodities

The U.S. economy added 172,000 jobs in May, demolishing the 85,000 consensus estimate and cementing the labor market’s resilience despite elevated borrowing costs. April’s payroll count was revised sharply higher to 179,000 from an initially reported 115,000, meaning two consecutive months have now surpassed expectations. With a December rate hike …

Key Takeaways Hezbollah rejects ceasefire: Leader Naim Kassem called the U.S.-brokered Lebanon-Israel agreement “absurd, humiliating, and insulting.” Full Israeli withdrawal demanded: Kassem said Hezbollah will not halt attacks until Israel completely withdraws from Lebanon. Devastating rhetoric: The Hezbollah leader described the agreement as “a road map for the annihilation of …

Key Takeaways Dollar holds firm: The DXY and dollar index futures moved little Friday but are set for weekly gains on heightened Middle East tensions. Euro and pound flat: Both currencies treaded water ahead of nonfarm payrolls. Hezbollah rejects ceasefire: The Iran-backed group refused to halt hostilities with Israel — …

Key Takeaways Gold falls: Spot gold dropped 0.8% to $4,440.84 per ounce, while gold futures fell 0.8% to $4,467.01. Worst weekly drop since early May: Spot prices on track for a 2.2% weekly loss. Hezbollah rejects ceasefire: The Iran-backed group refused to halt hostilities with Israel, torpedoing a key precondition …

Key Takeaways Oil advances: Brent rose 0.8% to $95.75 per barrel, while WTI gained 0.5% to $90.47. Weekly gains locked in: Both contracts set for 3-6% weekly advances on sustained Middle East tensions. Hezbollah rejects ceasefire: The Iran-backed group rejected the proposed Lebanon-Israel truce, refused to withdraw troops, and denounced …

The old rules no longer apply. The familiar playbook that guided markets for decades — buy gold and bonds when tension rises and wait for stability — has been torn apart in the first week of June 2026. What is unfolding now is far more complex: a global race to …

In a striking turn of events, U.S. President Donald Trump has signaled his willingness to meet Iran’s Supreme Leader Ayatollah Mojtaba Khamenei — but only if it leads to a breakthrough deal to end the ongoing U.S.–Iran conflict. Trump described such a meeting as something he would be “honored” to …

As markets shift focus from supply risks to supply recovery, crude oil prices moved lower as growing expectations of a potential peace agreement between the United States and Iran weighed on market sentiment and pushed prices downward. The decline comes amid increasing optimism over progress in negotiations between Washington and …

Precious metals are trading cautiously as investors wrestle with a complex and often contradictory set of signals. On one side, persistent geopolitical tensions and long-term structural demand continue to underpin both gold and silver. On the other, stubborn inflation pressures and the prospect of higher interest rates for longer are …

Key Takeaways Claims beat forecasts: Initial jobless claims rose to 225,000 for the week ending May 30, above the 213,000 expected. Prior week revised down: The previous week’s reading was revised to 212,000 from the initially reported 215,000. 4-week moving average rises: The rolling average climbed 6,500 to 214,750 signaling …