UBS sees lower real rates reviving gold demand, flags dips as buying chances
UBS’s call is constructive on both the cyclical and structural drivers of gold, tying the metal’s outlook ...
Oil holds near $89 as Iran-US stalemate solidifies and crude stocks post surprise build
Price action was muted given the scale of the headlines, with Brent and WTI both essentially flat on the session, sug ...
The “What’d I miss catch up post”. Trump claims Hormuz, oil supported, CPI in line
The gap between Washington’s rhetoric and physical shipping data is the trade to watch. Trump’s repeated ...
Crude oil futures settle at $83.27
Crude oil futures are settling at $83.27, up $0.07 or 0.08% on the day. The session high reached $84.35, while the lo ...
EIA weekly US crude oil inventories +17.423K vs -1405K expected
Prior was +2479KGasoline -968K vs -1199K expectedDistillates -10K vs -200K expectedAPI data from late yesterday:Crude ...
Gold tests the weekly high as the CPI report cools the rate hike talk
Gold is a winner again today, up $67 to $4434 and just edging above the weekly high set yesterday.There has been a re ...
Silver’s rally will face a key test today with the US CPI expected to influence Fed rate hike bets
FUNDAMENTAL
OVERVIEW Silver has been rallying steadily
since last Tuesday on US-Iran deal hopes and foun ...
Gulf states quietly by-pass choke points as Hormuz risk lingers, Saudi Oman deal fits pattern
On its own, this is a modest private sector logistics agreement with no disclosed financial terms or volume targets, ...
World’s biggest private gold holder Tether gives users weeks to exit vault
The story is more interesting for what it reveals about Tether’s balance sheet than for any market impact from ...
Trump says has total control of Hormuz. Remarks that jar with weeks of shipping attacks.
Trump’s tarmac comments sit awkwardly against the news flow of the past several days, with Iran’s top sec ...
Oil Tuesday recap – settles higher as Iran keeps Hormuz shut and new Gulf attacks resume
The session captured a market still trading headline to headline rather than settling on a direction. Early upside fr ...
Oil: Private survey of inventory shows a huge headline crude oil build vs draw expected
Oil inventory:Expectations I had seen centred on:Headline crude -0.5 mn barrelsDistillates -1.6 mn bblsGasoline ...