News

Equities: Chip slump and oil surge weigh – Deutsche Bank

Deutsche Bank strategists report that US equities, particularly tech and semiconductor names, sold off as Oil prices spiked and AI-related sentiment softened.

Source  Fxstreet1784011027
Silver Price Forecast: XAG/USD trades higher around $58 in countdown to US CPI data

Silver price (XAG/USD) is up 0.75% to near $58 during the European trading session on Tuesday.

Source  Fxstreet1784010981
Gold: Fed inflation fears weigh on prices – ING

ING analysts Warren Patterson and Ewa Manthey say Gold and Silver have sold off as Middle East tensions lift Oil and reinforce concerns over persistent inflation and a tighter Federal Reserve policy path.

Source  Fxstreet1784009710
India Gold price today: Gold rises, according to FXStreet data

Gold prices rose in India on Tuesday, according to data compiled by FXStreet.

Source  Fxstreet1784003710
WTI Price Forecast: Advances to four-week top, near $80.00 on Hormuz supply risks

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – is seen building on the previous day's strong move up and gaining positive traction for the second consecutive day on Tuesday.

Source  Fxstreet1784002228
Gold bounces off two-week low as USD bulls turn cautious ahead of US CPI, Fed's Warsh

Gold (XAU/USD) recovers slightly from a nearly two-week low, touched during the Asian session on Tuesday, and climbs back above the $4,000 psychological mark, though the upside potential seems limited.

Source  Fxstreet1784001046
Gold Price Trend Forecast: June CPI Plus Fed Chair Congressional Testimony, Can Gold Price Hold Above $4,000?

TradingKey - As of the Asian session on July 14, gold ( XAUUSD) prices consolidated around the $4,000 mark, briefly slipping below $4,000 intraday to hit a low of $3,983.23. Looking at the market acti

Source  Tradingkey1784000271
Iran’s IRGC says cooperation with 'aggressor enemy' in Hormuz will delay reopening of waterway

The Iranian Islamic Revolutionary Guards Corps (IRGC) said on Tuesday that two 'offending supertankers' were hit and disabled in the Strait of Hormuz. IRGC said that tankers ignored warnings, turned off navigation systems and tried to pass through 'mined route.’

Source  Fxstreet1783994433
Trump Says US ‘Takes Over’ Strait of Hormuz, WTI and Brent Crude Prices Both Top $80

TradingKey - On July 13 Eastern Time, US President Trump stated that the United States will ensure the Strait of Hormuz remains open and may directly manage this crucial global energy transit corridor

Source  Tradingkey1783994017
Iranian missiles hit two UAE tankers in Hormuz — Reuters

The United Arab Emirates (UAE) Ministry of Defence said that two UAE national tankers, the Mombasa and Al Bahiyah, were targeted by two Iranian cruise missiles in the southern lane of the Strait of Hormuz, in Omani territorial waters, Reuters reported on Tuesday.

Source  Fxstreet1783985663
Gold tumbles below $4,000 on Trump’s Iran port blockade move, US CPI data looms

Gold price (XAU/USD) remains under selling pressure near $3,995 during the early Asian session on Tuesday. The precious metal extends its downside as renewed US-Iran tensions keep inflationary pressures high.

Source  Fxstreet1783985158
Silver Price Forecast: XAG downtrend accelerates, eyes on $55.00

Silver price remains below $60.00 as the week begins, and dives nearly 4% on Monday amid tensions in the Middle East, driving inflationary pressures higher.

Source  Fxstreet1783967987
Two Major Crude Oil Futures Surge Nearly 10%: US-Iran Conflict Reignites, WTI Returns to $78, Brent Returns to $83

TradingKey - The two major crude oil futures surged close to 10%. As of press time, WTI crude rose 9.22% to $78.09, while Brent crude rose 9.39% to $83.15.According to reports, the US Navy-led Joint M

Source  Tradingkey1783967859
Gold price crashes as Waller warning sparks Fed hike fears

Gold price (XAU/USD) plunges on Monday after remarks by Federal Reserve (Fed) Governor Christopher Waller, who revealed that if the Consumer Price Index (CPI) rises this week, the Fed should consider interest rate hikes.

Source  Fxstreet1783964107
Crude Oil finds a toll booth where its ceasefire used to be

Crude Oil is repricing the death of a framework rather than any single missile exchange.

Source  Fxstreet1783960482
Commodities: Forward curves and carry framework – Societe Generale

Societe Generale’s Michael Haigh and Jeremy Sellem note that the commodity complex has been resilient to Middle East tensions, with Oil gains capped and forecasts for prices at $70 by year end unchanged.

Source  Fxstreet1783954491
Trump Claims US Will Take Over Strait of Hormuz: Spot Gold Plunges Over 2%, Set to Fall Below $4,000

TradingKey - On July 13, Eastern Time, spot gold fell over 2%, trading at $4,014 per ounce as of press time. It is reported that U.S. President Trump stated on social media: "We are going to take over

Source  Tradingkey1783953261
Oil: Strait of Hormuz risks reshape macro mix – BNY

BNY's Geoff Yu notes that renewed U.S.-Iran tensions have lifted Brent and WTI, with markets reassessing energy supply risks and broader risk sentiment.

Source  Fxstreet1783946674
Gold Price Forecast: XAU/USD drifts below $4,100, but bears start to look exhausted

Gold (XAU/USD) extends losses on Monday, with price action drifting below the $4,100 line, amid a risk-off market mood, as tensions between the US and Iran flare.

Source  Fxstreet1783943184
Gold declines as renewed US-Iran hostilities boost Oil prices, Fed rate hike bets

Gold (XAU/USD) starts the week on the back foot as renewed tensions in the Middle East lift Oil prices and bring inflation concerns back into focus, reinforcing expectations of a Federal Reserve (Fed) interest rate hike later this year.

Source  Fxstreet1783941126
Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $58.72 per troy ounce, down 1.92% from the $59.87 it cost on Friday.

Source  Fxstreet1783935093
Oil: Markets price renewed Hormuz risks – Rabobank

Rabobank strategist Michael Every discusses rising geopolitical risks around the Strait of Hormuz after the apparent collapse of a US-Iran memorandum of understanding. Every notes both sides are now striking each other, with United States (US) strategy shifting to escorted energy flows.

Source  Fxstreet1783934801
WTI Oil holds below $75.00 despite the deteriorating Middle East conflict

Speculative traders seem reluctant to jump on the Crude Oil rally despite the escalating tensions in the Middle East and the closure of the Strait of Hormuz.

Source  Fxstreet1783929614
Brent: Geopolitics lift prices as speculators stay cautious – ING

ING analysts Warren Patterson and Ewa Manthey note that Brent Oil prices have risen sharply as tensions escalate in the Persian Gulf and transit through the Strait of Hormuz slows. They highlight that speculators have trimmed net long positions in ICE Brent despite higher prices.

Source  Fxstreet1783925856
Saudi Arabia Gold price today: Gold falls, according to FXStreet data

Gold prices fell in Saudi Arabia on Monday, according to data compiled by FXStreet.

Source  Fxstreet1783919123
WTI Price Forecast: Climbs above $74.00; bearish bias intact below 23.6% Fibo./200-EMA

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – builds on its modest bullish gap opening and climbs above the $74.00 mark during the Asian session on Monday.

Source  Fxstreet1783917389
India Gold price today: Gold falls, according to FXStreet data

Gold prices fell in India on Monday, according to data compiled by FXStreet.

Source  Fxstreet1783917365
US and Iran Exchange Fire Again Over Weekend, WTI Crude Rises Over 4%, Brent Nears $80

TradingKey - On July 12, Eastern Time, military conflicts erupted again between the United States and Iran, significantly heating up tensions in the Middle East. According to the latest reports, a con

Source  Tradingkey1783907281
Gold declines below $4,100 as fresh US-Iran strikes stoke inflation fears

Gold price (XAU/USD) attracts some sellers to near $4,070 during the early Asian trading hours on Monday. The precious metal extends its decline amid escalating tensions between the US and Iran.

Source  Fxstreet1783904718
Silver Price Forecast: Lower high structure holds, bear's eye $55.00

Silver price retreats on Friday during the North American session, edging down by 0.54%, weighed by high US Treasury yields and a sudden shift in market sentiment, after US President Trump revealed that the ceasefire is “over.” At the time of writing, the XAG/USD trades at $59.66.

Source  Fxstreet1783716937
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