Dow Jones Climbs as Oil Pullback Lifts Sentiment
Oil Futures Lose Ground in Early U.S. Trading -- Market Talk
Trump's dovish signals and dual pressure from tanker traffic drive international oil prices down 3%, heading for their steepest drop in two weeks
International oil prices extended their decline on Wednesday, with both WTI and Brent crude continuing to fall, dropping more than 3% at one point during the day.
Double blow from Hormuz and El Niño: Citi warns of a super-inflation storm in commodities!
Two epic forces are simultaneously squeezing the global commodities market.
Silver Analysis: Could This 'Technical Rebound' Turn into a 'New Round of Sharp Declines' at Any Moment?
On Wednesday, May 20, spot silver is currently fluctuating around USD 75.5 per ounce, stabilizing from the previous session's closing price of USD 73.70. On the same day, spot gold is trading sideways near USD 4,500 per ounce, while the 10-year U.S. Treasury yield stands at approximately 4.65%, and the U.S. Dollar Index is around 99.35, remaining in the six-week high range. The core driver behind silver’s rebound is not safe-haven demand but rather a repricing of inflation and interest rate expectations. Spot silver has stabilized and moved higher today. While this appears on the surface to reflect precious metals broadly following gold’s recovery, it fundamentally stems from the market’s reassessment and realignment of views regarding energy-related shocks, inflation trajectories, and Federal Reserve policy expectations. Disruptions related to the Strait of Hormuz have contributed to...
Express News | WTI and Brent crude prices dipped slightly in the short term, currently trading at $104.98 per barrel and $104.76 per barrel, respectively. On the news front, Iran stated it has allowed 26 vessels to pass through in the past 24 hours.