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Energies

Heating Oil Trades at 2-Month High
US heating oil prices rose to around $4.10 per gallon, the highest level in two months, as concerns over deeper…
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Energies

Gasoline Prices Rise
US gasoline prices rose above $3.40 per gallon, a two-month high, amid growing concerns over tighter fuel supplies. The US…
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Forex

Canadian Dollar edges higher amid bullish oil prices; upside potential seems limited
USD/CAD edges lower during the Asian session, though the downside remains limited. Bullish oil prices underpin the Loonie and cap…
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Markets

UK CPI set to show receding inflation in June as GBP/USD fails at May highs
The UK’s ONR Office publishes the June CPI data on Wednesday. The UK headline CPI is expected to ease toward…
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Geo-Political

US CENTCOM says it has completed 11th night of strikes on Iran
The United States Central Command (CENTCOM) said that it completed another night of attacks that targeted “military operations centers, maritime capabilities,…
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Geo-Political

Yemen’s Houthis threaten Bab el-Mandeb closure, putting another trade chokepoint at risk
Yemen’s Houthis said that they have closed the Bab el-Mandeb Strait to Saudi-linked shipping in retaliation for the kingdom’s blockade…
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Geo-Political

US President Donald Trump approves US-Saudi Arabia nuclear deal
US President Donald Trump approved a landmark agreement with Saudi Arabia that could potentially provide the kingdom with uranium enrichment…
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Markets

United States Dollar Index weakens to near 101.00 despite mounting Middle East tensions
US Dollar Index softens to around 101.15 in Wednesday’s Asian session. Market expectations point to unchanged Fed policy next week, with…
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Geo-Political

US Secretary of State Rubio: Iranian control of Hormuz would have repercussions beyond Middle East
In Wednesday’s Asian session, the US Secretary of State Marco Rubio told Southeast Asian foreign ministers that Iranian control of…
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Metals

XAG/USD rises to near $60.00 despite surging inflation fears
Silver surges despite rate-hike headwinds as escalating geopolitical tensions potentially drive institutional capital into safe-haven assets. The white metal’s upside…
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