Goldman Sachs pegs $25 war premium on Brent, sees $90 by end-2026 and $80 in 2027
Goldman Sachs says Brent has $25 risk premium, forecasts $90 for Dec 2026 and $80 for 2027, and expects surplus from Q4 2026.
Goldman Sachs says Brent has $25 risk premium, forecasts $90 for Dec 2026 and $80 for 2027, and expects surplus from Q4 2026.
Goldman Sachs estimates central banks bought 79 tonnes of gold in August, with China adding 25 tonnes. The pace is well above historical averages.
The US Strategic Petroleum Reserve has dropped to 283 million barrels, the lowest since 1982, due to ongoing releases linked to the Iran war.
Weekend riots in France pushed 10-year yields above Italy's, raising borrowing costs for households and triggering a stock selloff.
President Trump's approval rating dropped to a record 31% as Democrats lead by 12 points in generic ballot, signaling possible Republican losses in midterms.
Oil prices turned higher after US strikes on an Iranian base and Houthi attacks on Saudi oil facilities, with WTI at $103.13.
The US dollar is mixed against major currencies as possible progress in US-Iran talks pushes oil lower. Nasdaq 100 futures lead gains.
Al-Arabiya reports a US-Iran breakthrough could be announced this week, but the two sides remain divided over the order of concessions.
Crude oil fell after Trump waived some Russian sanctions, but geopolitical tensions from Ukraine and the Middle East continue to support prices.
Bitcoin rebounded from a key support level as falling oil prices improved risk sentiment; the improvement may be temporary.
French protests and political uncertainty push European stocks into the red and widen bond spreads.
China GDP beat expectations with 4.5% growth; euro fell then rebounded; oil declined on Russia sanctions waiver.
Putin has proposed a three-way meeting with Trump and Xi to discuss Ukraine, reportedly at APEC in Shenzhen, with Kyiv excluded and no US commitment yet.
Crude oil dipped as Trump's Russia sanctions waiver outweighed the market risk from a Hormuz tanker mine strike.
The euro lost ground against the Australian dollar in early Asia-Pacific trade as French riots, a drone incident over the Black Sea and a US-EU trade threat…