Oil advances, yen climbs as US markets shut for Labor Day
Oil prices rose on Middle East tensions, yen surged against dollar, and European stocks were cautious as US markets closed for Labor Day.
07/09/2026 12:125 min read
Commodities
Oil near $100 poses renewed threat to central banks
Oil may soon hit $100 again, threatening to reverse inflation progress and create a policy dilemma for central banks as the US-Iran conflict persists.
07/09/2026 11:4312 min read
New strike hits Saudi Aramco facility in Jizan, damage assessment under way
A fresh attack targeted Saudi Aramco's Jizan facilities on Monday, with damage being assessed. Oil prices rose on the news.
07/09/2026 11:316 min read
Sugar Futures Outperform Bitcoin and Gold in 2026
Raw sugar futures have gained 20% in 2026, outpacing Bitcoin, gold, and the S&P 500 due to supply concerns from EU, Brazil, and India.
07/09/2026 09:1110 min read
China's gold buying streak extends to 22 months in August
China's gold reserves rose to 76.73 million ounces in August, marking the 22nd consecutive month of purchases.
07/09/2026 08:326 min read
Asia-Pacific markets: oil steady after Hormuz strikes, gold retreats
Oil firmed after Hormuz attacks, gold slipped on strong jobs data, and Asian stocks were mixed as the Hang Seng fell while the Nikkei and Kospi gained.
07/09/2026 03:4210 min read
Gold and bond moves from Netherlands, France fuel debate on US asset safety
Central banks in the Netherlands, France and Norway have moved gold or bonds out of US assets, raising concerns about Trump-era unpredictability.
07/09/2026 03:2317 min read
Gold holds steady as strong jobs data keeps September rate hike in play
Gold holds steady as strong jobs data keeps a September rate hike in play. Perth Mint sales slowed in August.
07/09/2026 01:2213 min read
Strait of Hormuz vessel traffic drops to five-month low, data shows
Strait of Hormuz shipping traffic fell to its lowest since May, data show, despite US Navy claims of increased escorts.
06/09/2026 23:5115 min read
Diesel rally fuels hedge funds' bullish oil bets at three-month high
Hedge funds raised oil bets to a three-month high as diesel and gasoline positions hit records, signaling persistent inflation risk.
06/09/2026 22:2512 min read
OPEC+ holds oil quotas steady for October amid Hormuz disruption
OPEC+ held oil quotas steady for October as Hormuz disruption limits its market influence.
06/09/2026 21:3213 min read
Trump Takes Steps to Let Ranchers Process and Sell Their Own Beef
Trump authorized tariff-free beef imports for 90 days and moved to let ranchers process their own beef, aiming to lower prices and increase competition.
04/09/2026 19:3115 min read
Diesel shortages and strong ISM data flag persistent inflation threat for gold and stocks
Diesel supply tightness and hot ISM price indexes signal entrenched inflation, threatening gold and stocks.
04/09/2026 02:4930 min read
Oman Rejects Iran's Joint Fee Proposal for Hormuz Ships - Report
Oman has reportedly rejected Iran's plan to jointly charge fees on ships in the Strait of Hormuz, contradicting earlier claims by Iran's IRGC.
03/09/2026 21:4216 min read
Vance sets condition for Iran talks: stop ship attacks
Iran disrupts Hormuz traffic to pressure oil prices; US counters with economic pressure. No breakthrough imminent as crude nears $93.50.
03/09/2026 18:313 min read