Commodities

Crude prices fell nearly 1% on Tuesday after Russia’s Novorossiysk port resumed loadings, easing immediate supply fears sparked by a Ukrainian drone and missile strike, while markets weighed the longer-term impact of Western sanctions on Russian flows. Brent down 0.9% at $63.64/bbl WTI down 0.9% at $59.37/bbl Supply jitters cool …

European equities fell sharply, mirroring Wall Street’s tech-led selloff as investors questioned the durability of artificial-intelligence premiums ahead of Nvidia’s earnings. At 08:05 GMT, Germany’s DAX and France’s CAC 40 each slid 1.3%, while the U.K.’s FTSE 100 dropped 1.0%. AI exuberance under scrutiny A renewed reassessment of AI-driven multiples …

Gold extended losses in Asian trading, pressured by a firmer U.S. dollar as traders pared back expectations for a Federal Reserve rate cut in December and rotated away from non-yielding assets. Spot gold fell 0.7% to $4,019.19/oz, while December futures declined 1.4% to $4,018.89/oz by 00:38 ET (05:38 GMT). Rate …

Crude oil prices saw modest support on Monday, with December West Texas Intermediate futures rising by less than 0.1%, while gasoline prices slipped about 0.6%, as geopolitical risks continued to weigh on global markets. Geopolitical tensions remain the primary driver of support for oil. Iran recently seized a tanker in …

Silver gained support from data showing the New York manufacturing index rose in November to its highest level in a year, reinforcing demand for industrial metals. Prices climbed during Monday’s session, approaching $51.00 per ounce, also buoyed by lingering uncertainty following the end of the U.S. government shutdown. The rally …

Gold retreated on Monday, with the precious metal falling about 0.8% during trading. The decline was driven by a stronger U.S. dollar and fading market expectations for a rate cut at the Federal Reserve’s December meeting, following a series of hawkish comments from Fed officials. Adding to the pressure, the …

Crude prices eased Monday, giving back part of Friday’s surge after tanker-tracking data showed Russia’s Novorossiysk port had resumed crude loadings, tempering immediate fears of a supply shock. Brent (Jan) down 0.7% to $63.97/bbl WTI down 0.7% to $59.52/bbl (04:35 ET) Supply scare fades—but risk linger remains Friday’s 2%+ rally …

European equities drifted lower at the open on Monday, with investors uneasy about global growth and bracing for a pivotal earnings update from AI bellwether Nvidia later this week. At 03:02 ET (08:02 GMT), Germany’s DAX was little changed, France’s CAC 40 slipped 0.1%, and the U.K.’s FTSE 100 fell …

Gold fell in Asian trading Monday, extending last week’s pullback as traders further priced out the likelihood of a Federal Reserve rate cut next month and the U.S. dollar nudged higher. Spot gold: $4,053.84/oz (-0.6%) by 00:33 ET Dec futures: $4,055.91/oz (-0.9%) Policy repricing pressures bullion A swift reset in …

Last week in the financial markets was packed with significant developments—both on the economic front, with new data and fresh indicators, and on the political front, culminating in the end of the government shutdown. Beyond that, global equity movements drew considerable attention, accompanied by mounting concerns over a potential bubble …