JP Morgan maintains $6,000 gold target as 2H26 demand seen picking up pace
JP Morgan has cut its 2026 average gold price forecast to $5,243 per ounce from $5,708 but maintained its year-end ta ...
Iran war economic toll deepens as global oil stocks near exhaustion
Global oil stocks are nearing exhaustion as Iran war disruption persists, with refined product reserves draining fast ...
US futures are open for the week’s trade, oil up and equites (minor) down
WTI Crude Oil and Brent are both trading higher at the futures open. approx:Brent 110WTI 107US Treasury yields are hi ...
Currie warns US oil inventory on course to hit rock bottom, no buffer left to draw on
Jeff Currie warns US oil inventories are rapidly approaching minimum tank levels, with stocks falling to around 102 m ...
Clock is ticking: Trump threatens Iran with annihilation over stalled peace talks
Trump warned Iran it must move fast toward a peace deal or face destruction, as Strait of Hormuz remains blockaded an ...
Trump win. US House ties on Iran war vote. War costs, gas prices test Republican unity.
The US House tied 212-212 on legislation to curb Trump’s Iran war powers, with three Republicans defecting, as ...
Silver diverges from gold; unlikely to reach new record highs without Fed’s support
FUNDAMENTAL
OVERVIEWSilver has been diverging with gold recently as it’s been rallying steadily
since last we ...
Chinese supertanker exits Strait of Hormuz after two months stranded in Gulf
A Chinese VLCC carrying nearly 2 million barrels of Iraqi crude has exited the Strait of Hormuz after more than two m ...
Hormuz closure drives OPEC to slash demand outlook as OPEC+ output falls 1.74 million bpd
OPEC has cut its 2026 global oil demand growth forecast to 1.17 million bpd from 1.38 million bpd, citing the Iran wa ...
UAE denies Netanyahu held secret meeting with Emirati president during Iran war
The UAE has denied Israel PM Netanyahu visited the country for a secret meeting with its president during the Iran wa ...
Crude oil inventories for the current week -4.306M versus -2.051M estimate
Crude oil inventory -4.306 million versus -2.051 million estimateDistillates +0.190 million versus -2.735 million est ...
Gold continues to consolidate amid prolonged US-Iran stalemate, hawkish Fed risk
FUNDAMENTAL
OVERVIEWGold got stuck in another consolidation as the US-Iran stalemate extended
further. WeR ...