BofA sees gold averaging $4,000 in Q4 but not holding above it for three months, citing Iran war-driven oil inflation, soft physical demand, and a hawkish Fed.
UK retail sales growth exceeded forecasts in September, but a 17% surge in fuel spending and high diesel prices indicate households are squeezed by rising…
Goldman Sachs says French bond spread is tied to oil, ECB inaction, and fiscal uncertainty, with only a few possible relief factors.
Saudi Arabia is weighing a gas-line conversion that would add 1.2 million bpd of crude exports within weeks, with port capacity at Yanbu a key constraint.
Crude gained on Monday amid Russia-Ukraine tensions and Saudi Arabia's promise of response to Houthi attacks.
Crude oil prices surged to their highest since late September, driven by Middle East tensions and a technical breakout above key resistance.
European trading was subdued with US bond markets closed for Columbus Day; oil rose more than 1%, the dollar held firm and gold slipped.
Crude oil prices rose again on doubts about a Russia-Ukraine energy ceasefire and a prolonged US-Iran standoff.
OPEC slashed its oil demand growth forecast for this year to 400,000 bpd from 1.4 million bpd, while Middle East supply risks kept Brent above $105 and WTI…
Houthi strikes on Saudi airports and Aramco sites, doubts over the Russia-Ukraine energy truce, and central bank moves in China and India moved markets.
Oil prices slipped after Trump declared a Russia-Ukraine energy ceasefire; Moscow has not commented, and Cramer expects crude near $100 as the war continues.
The Indian rupee is set to rally about 1% after the RBI imposed measures to curb corporate hedging, with offshore trading signaling gains.
Gold edged up in Asia above $4,200 after Trump announced a Russia-Ukraine energy truce, but Moscow has yet to confirm it.
MUFG sees September US headline inflation at 3.6% and core easing to 0.2%, saying an upside surprise is needed to revive October Fed hike bets.
US September CPI due Wednesday expected at 3.7% on energy, core steady at 2.4%. Report may influence Fed policy.