WTI Crude Oil remains under pressure on Tuesday, trading around $62.00 per barrel, as markets digested signs of de-escalation in the Russia-Ukraine conflict and positioned cautiously ahead of key macroeconomic events.
Gold (XAU/USD) is trading with a steady bias on Tuesday, recovering modestly from an overnight dip as investors digest Monday's White House summit between US President Donald Trump, Ukrainian President Volodymyr Zelenskyy, and key European leaders.
The US Dollar (USD) managed to leave behind part of Friday’s retracement, regaining upside impulse in a context of heightened caution ahead of the Trump-Zelenskiy gathering and the upcoming Jackson Hole Symposium.