Markets
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Platinum Eases from 2-Week High
Platinum futures fell to around $1,900 an ounce, easing from a two-week high amid a broader retreat across precious metals.…
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Zinc Retreats
Zinc futures fell below $3,250 per tonne, retreating from a near three-week high, as uncertainty over the duration of the…
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WTI rallies back closer to $99.00 as Trump’s comments dampen Iran de-escalation hopes
WTI stages a solid recovery from a one-week low, touched on Wednesday. Trump’s remarks temper de-escalation hope and boost the…
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Silver.XAG/USD falls to near $72.00 amid fading safe-haven demand
Silver declines as safe-haven demand weakens amid growing optimism over Middle East peace. Trump reiterated that Iran’s military capabilities were…
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Gold retreats sharply from two-week top/$4,800 as Trump’s Iran comments boost USD
Gold attracts heavy selling on Thursday and snaps a four-day winning streak to a two-week high. Trump’s remarks dampen Iran…
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DAX Finishes Sharply Higher
Frankfurt’s DAX 40 surged 2.7% to close at 23,298.9 on Wednesday, after posting its worst month since March 2020, amid…
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FTSE Climbs for 3rd Session
The FTSE 100 rose 1.7% to a two-week high on Wednesday, supported by growing optimism over a potential de-escalation in…
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Heating Oil Holds Losses After EIA
Heating oil futures dropped toward $4 per gallon on Wednesday as traders weighed tentative hopes for a Middle East ceasefire…
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Another Big Increase in Oil Inventories Despite Middle East Conflict
The latest EIA report delivers a surprisingly bearish signal for crude, even as geopolitical tensions remain high. Unexpected Crude Build…
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ISM Shows That, Expansion Continues But, Inflationary Pressure Surges
The headline index of 52.7 (vs. 52.5 expected and 52.4 previously) marks the third consecutive month of expansion, but the report’s internal…
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