Gold rebounds after dip below $4,110; bias stays neutral to bearish
Gold briefly dipped below $4,110 support but recovered, as geopolitical tensions support oil; the technical bias remains neutral to bearish.
1 h ago10 min read
Oil
European shares plunge as bond market selloff intensifies
European stocks opened sharply lower as bond yields hover near multi-decade highs, with Italy leading declines.
1 h ago7 min read
Oil gains amid Middle East risks; Japan, S.Korea stocks drop
Oil prices rose on Middle East risks, while Japanese and South Korean stocks fell. Gold rebounded towards $4,140.
5 h ago14 min read
Chevron and Shell halt production at nine Gulf platforms as Isaias approaches
Chevron and Shell have shut in production at nine Gulf of Mexico facilities as Tropical Storm Isaias approaches.
8 h ago12 min read
Pentagon told to prepare Iran strikes as Trump weighs when to act
Axios: Pentagon readies for possible Iran strikes; Trump has not made final decision.
9 h ago15 min read
Oil volatility tops earnings risk for 37% of Japanese firms, Reuters poll finds
A Reuters poll finds 37% of Japanese firms see oil volatility as the top earnings risk, ahead of currency and rate concerns.
9 h ago15 min read
US one-year inflation outlook climbs to 3.9% in September: NY Fed
US one-year inflation expectations rose to 3.9% in September, the highest since May 2023, according to a New York Fed survey.
10 h ago15 min read
Fed minutes show most policymakers expect another rate hike this year after September increase
Minutes from the Fed's September meeting show unanimous rate hike and majority expect another increase by year-end due to inflation concerns.
10 h ago15 min read
Wall Street Swings From Record Highs to Losses as Yields, Oil Climb
Wall Street gave up gains after the S&P 500 hit a record, as Treasury yields surged and oil prices rose.
11 h ago9 min read
Tanker hit by projectiles off Qatar with crew casualties reported
A tanker was hit by multiple projectiles off Qatar with crew casualties, expanding Gulf shipping risks beyond the Strait of Hormuz.
12 h ago12 min read
Fed minutes confirm December rate hike as markets rebound
US markets staged a comeback after early weakness; Fed minutes confirmed a December rate hike is on track.
13 h ago7 min read
Tropical Storm Isaias forms over Gulf, US landfall seen Friday
Tropical Storm Isaias has formed in the Gulf and is forecast to make landfall near the Mississippi-Alabama border Friday night, while oil prices slipped.
15 h ago7 min read
Bitcoin Slides Beneath $83,000 Amid Oil Jump and US Rate Hike Fears
Bitcoin fell under $83,000 as oil prices surged and US borrowing costs rose, triggering $178 million in long liquidations.
16 h ago6 min read
US crude inventories slide 3.186M barrels, much larger than forecast
EIA reported crude inventories fell 3.186M barrels, far exceeding the expected 1.722M barrel build.
18 h ago11 min read
S&P 500 hits fresh record but rally at risk of sharp reversal
The S&P 500 reached a new record, but widening credit spreads and geopolitical risks leave the rally vulnerable to a reversal.
20 h ago8 min read