Deutsche Bank strategists highlight a sharp two-day rally in Brent Oil driven by geopolitical tensions and Gulf-related policy headlines.

West Texas Intermediate (WTI) oil price continues to gain ground for the third successive day, trading around $79.40 per barrel during the European session on Wednesday.

OCBC’s Sim Moh Siong and Christopher Wong report that Gold has rebounded from sub-4000 levels after softer United States (US) Consumer Price Index (CPI) prompted markets to pare Fed hike expectations and pushed USD and front-end US Treasury yields lower.

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – oscillates in a narrow band during the Asian session on Wednesday, consolidating its weekly gains to a nearly one-month peak set the previous day.

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

Gold (XAU/USD) attracts some sellers after failing to find acceptance above the $4,100 mark the previous day, though it holds above the $4,000 psychological mark during the Asian session on Wednesday.

West Texas Intermediate (WTI) oil price extends its gains for the third successive day, trading around $79.20 per barrel during the Asian hours on Wednesday. Crude oil prices have climbed following threats from US President Donald Trump regarding additional military strikes on Iran.

US President Donald Trump said that Iran retains some resilience but is largely depleted. He emphasized that he will preserve energy objectives in Iran until the end, Fox News reported on Tuesday.

Gold price (XAU/USD) rises to around $4,050 during the early Asian session on Wednesday. The precious metal rebounds as softer-than-expected US inflation data boosted hopes of the US  Federal ‌Reserve (Fed) adopting a less hawkish stance.

United States API Weekly Crude Oil Stock above expectations (-2.7M) in July 10: Actual (-0.056M)

Gold price surges by some 1.50% on Tuesday as US consumer inflation data came in below estimates, easing pressure on the Federal Reserve (Fed) to further tighten ahead of 2026. The XAU/USD trades at $4,050 after bouncing off daily lows of $3,983.

TradingKey - 지난 6월 미국의 소비자물가지수(CPI) 상승률이 시장 예상보다 더 크게 둔화했으나, 워시 연방준비제도(Fed·연준) 의장은 현재 최우선 과제가 물가 안정 회복이며 지난 5년간의 고인플레이션이 과거의 일이 되도록 만드는 것이라고 강조하며 매파적인 발언을 했다.동부 시간 기준 7월 14일 미국 노동통계국이 발표한 인플레이션 지표에 따르

Silver (XAG/USD) trades on the front foot on Tuesday as softer-than-expected US inflation data tempers expectations of a near-term Federal Reserve (Fed) interest rate hike and pushes the US Dollar (USD) lower. At the time of writing, XAG/USD trades around $58.50, up nearly 2% on the day.

United States (US) President Donald Trump reiterated in a Truth Social post on Tuesday, “The Strait of Hormuz is open to ALL ship traffic except for Iran.” He added that the US would impose a “FULL Blockade” only on vessels travelling to or from Iranian ports or carrying Iranian cargo.

ING’s Warren Patterson and Ewa Manthey report that European natural gas benchmarks are rising as Middle East developments threaten LNG flows from the Persian Gulf.

Rabobank revises its TTF Natural Gas and JKM forecasts higher for Q3 and Q4 2026, citing a structurally tight LNG market and deeper Qatari export losses following renewed Hormuz disruption.

ING’s Warren Patterson and Ewa Manthey highlight supportive fundamentals for Copper, with tightening LME warehouse dynamics and strong physical demand.

Gold (XAU/USD) trades in a narrow range on Tuesday, with bulls defending the $4,000 psychological mark as traders await the US June Consumer Price Index (CPI) data, due at 12:30 GMT, and closely monitor the fragile situation in the Middle East.

Oil prices extend gains on Tuesday, with the barrel of the US benchmark West Texas Intermediate (WTI) consolidating at one-month highs in the $80.00 area, trading about 18% above the lows seen in early July.

Gold price (XAU/USD) is up 0.5% to near $4,020 during the European trading session on Tuesday. The precious metal gains as the US Dollar (USD) corrects ahead of the United States (US) Consumer Price Index (CPI) data for June, which will be published at 12:30 GMT.

Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data. Silver trades at $58.08 per troy ounce, up 0.76% from the $57.65 it cost on Monday.

Rabobank's Michael Every highlights a sharp Oil rally ahead of United States (US) Consumer Price Index (CPI) and Fed Chair Warsh’s testimony, with prices jumping 9% and then another 2.5% to $85.

Deutsche Bank strategists highlight a sharp jump in Oil prices driven by escalating tensions between the US and Iran and renewed rhetoric from President Trump on the Strait of Hormuz.

OCBC strategists Sim Moh Siong and Christopher Wong highlight that Gold has dropped toward 4000 as renewed US–Iran tensions pushed Oil sharply higher, reviving inflation concerns and lifting US yields.

ING strategists Warren Patterson and Ewa Manthey highlight sharply higher Oil prices as US–Iran tensions escalate and vessel traffic through the Strait of Hormuz slows.

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

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

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.

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

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.