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USOil slides on oversupply concerns after the US arrested Maduro with a military operation in Caracas and US President Trump pledged to rebuild Venezuela’s oil industry, but that could take time.
XAU/USD and XAG/USD both rise to new all-time highs buoyed by intensifying geopolitical frictions, while overarching structural demand forces can fuel further advance
USOIL rebounds from nearly five-year lows after US President Trump announced a blockade of sanctioned oil tankers entering and leaving Venezuela, boosting the geopolitical risk premium.
Silver is pushing to fresh records on Fed-cut expectations and tight supply, with speculative inflows adding fuel, though overbought signals suggest any dip is likely to be seen as a buying opportunity.
USOIL tries to maintain its momentum from last week’s advance amid Fed rate cut bets and ongoing Ukraine war, but supply-demand dynamics remain unfavorable.
OPEC+ has extended oil production cuts to 2026 due to weak demand, keeping output capped at 39.725 million bpd. Despite these measures, analysts expect prices to remain low amid uncertainty and potential policy shifts under President-elect Trump.
Copper breached 4.000 for the first time in four months as markets assess Trump’s potential impacts, but finds tries to find reprieve after China announced the end of export tax rebates
The pair heads towards a losing as markets try to decode the potential impact of a Trump administration amid pro-oil policy and China tariff threats
Oil prices fell over 4% as Israeli airstrikes in Iran avoided oil facilities, calming supply fears. Rising production levels have also added to oversupply pressures on the market.
Copper gets a double boost, since after the Fed’s jumbo cut, its Chinese counterpart announced a series of stimulus measures, including support for the ailing property sector
Gold recently hit a record high, driven by expectations of further Federal Reserve rate cuts and rising geopolitical tensions. Despite strong momentum, signs of overbought conditions and potential short-term volatility suggest caution. However, ongoing global risks and political uncertainty could continue to support further gains.
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