The UAE’s exit highlights weakening OPEC unity, reducing its control over oil supply and pointing to a more volatile market where geopolitics, not coordination, increasingly drives prices.
The Bank of Japan held rates in a divided decision and raised its inflation forecasts, pushing the pair lower, but the upside bias remains intact.
XAU/USD rises as the risk of immediate escalation is removed after President Trump extended the ceasefire, renewing hopes for an eventual deal.
The two countries resorted to gunboat diplomacy, souring sentiment over the ceasefire, prospects of an agreement and the reopening of the Strait of Hormuz.
Tracking important market threads across currencies, commodities, and indices.
USOIL rises and XAU/USD drops after President Trump said military objectives are near completion, but the US will hit Iran hard over the next two to three weeks.
Against a backdrop of Middle East conflict, stagflation fears and shifting monetary policy, we assess opportunities and risks across energy, defence, aviation and tech. Exxon, Lockheed, Delta, Netflix and Tesla, are in our radar.
Markets are rallying on easing war fears and falling oil prices, but the move remains fragile as geopolitical uncertainty and energy risks continue to threaten stability
The pair tries to surpass pivotal resistance as the Bank of England struck a more hawkish tone than its US peer amid inflationary risks from the Middle East conflict.
XAU/USD continues to face difficulties this week as the greenback has emerged as the safe haven of choice, but bullion's structural demand drivers don't go away.
The Strait of Hormuz is the key driver of oil prices and, by extension, the direction of global markets amid escalating geopolitical risk.
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