Commodities

WTI Stalls Amid Supply ShiftsOn June 30, 2025, West Texas Intermediate (WTI) crude oil hovered below $65.00 per barrel, paring early gains. A brief spike followed news of Prax Group’s insolvency in the UK, raising fears of reduced diesel and gasoline supply in Northwest Europe. However, attention quickly shifted to …

As global markets head into a holiday-shortened trading week in the U.S., several key developments are set to shape investor sentiment. The focus will be on the ongoing debate in the Senate regarding President Donald Trump’s signature tax-and-spending bill, crucial job market data due on Thursday, and Tesla’s upcoming second-quarter …

Gold prices rebounded from a one-month low in Asian trade on Monday, buoyed by a weaker dollar and the easing of geopolitical tensions in the Middle East. While safe-haven demand for gold remained subdued due to optimism surrounding potential U.S. trade deals, the precious metal found some support. Spot Gold …

Oil prices experienced a decline in Asian trade on Monday, with the easing of geopolitical tensions between Israel and Iran contributing to the reduction of a previously built-up risk premium. Furthermore, the anticipation of increased output from the OPEC+ group also put downward pressure on prices. Brent crude futures for …

The US dollar experienced significant volatility last week, caught in a tug-of-war between positive and negative market forces. Support from Federal Reserve policymakers, led by Chair Jerome Powell, emphasized a cautious “wait-and-see” approach to interest rate cuts, bolstering the dollar. This stance was reinforced by stronger-than-expected consumer confidence, with the …

Silver prices slid over 1% on June 27, 2025, dropping from a five-day high of $36.83 to $36.16. The dip followed a rebound in U.S. Treasury yields and a slight dollar recovery, pressuring XAG/USD. A bearish engulfing candlestick pattern emerged, hinting at further declines. Yet, a weekly close above $36.00 …

European stocks rose on Friday, buoyed by signs of de-escalating trade tensions between the United States and China, boosting optimism for further trade deals before the deadline for the U.S. tariff pause in July. The pan-European STOXX 600 index advanced by 0.6%, reaching 540.67 points as of 07:07 GMT, positioning …

French consumer prices saw a modest increase in June, surpassing economist expectations, according to preliminary data released Friday by the national statistics agency INSEE. The harmonised inflation rate, which adjusts for comparisons with other eurozone countries, rose by 0.8% year-on-year in June. This marked a slight acceleration compared to previous …

Gold prices slipped to their lowest levels in nearly four weeks during Asian trading on Friday, as the ongoing ceasefire between Israel and Iran weakened demand for the precious metal, traditionally considered a safe-haven asset during times of geopolitical unrest. Spot gold fell 1% to $3,293.79 an ounce, its lowest …

Oil prices edged higher on Friday, but remained on track for their largest weekly decline since March 2023, as market concerns over supply disruptions from the Israel-Iran conflict dissipated. The absence of significant impact on global oil flows led to the evaporation of any risk premium that had previously supported …