July 14, 2026 7:40 am
Key Moments WTI futures advanced for a second straight session, touching a nearly four-week high around $80.00 per barrel in Asian trading. Escalating tensions between the US and Iran and disruptions in the Strait of Hormuz supported a geopolitical risk premium in crude prices. A break above the 23.6% Fibonacci retracement of the April-July decline […]
Read moreJuly 14, 2026 7:14 am
Key Moments Gold (XAU/USD) climbed above $4,030 after hitting a near two-week low earlier on Tuesday. The U.S. Dollar paused after a two-day rally ahead of U.S. CPI data and Fed Chair Kevin Warsh’s testimony. U.S.-Iran tensions and expectations for higher Fed rates continued to support the Dollar and limit gold gains. Gold Recovers as […]
Read moreJuly 14, 2026 6:33 am
Key Moments XAG/USD trades near $57.60 per troy ounce in Asian hours, extending its losing streak to a third session. CME FedWatch Tool shows a 51% implied probability of a Fed rate hike in September versus a 23% chance of no change. Trump reinstated a naval blockade on Iranian traffic through the Strait of Hormuz […]
Read moreJuly 13, 2026 9:45 am
Key Moments LME three-month copper slipped 0.64% to $13,398.5 per metric ton amid renewed US-Iran hostilities. Brent crude advanced 2.79% to $78.13 per barrel, reigniting worries over energy-driven inflation and sustained high interest rates. Base metals broadly weakened, with aluminium, zinc, lead, nickel, and tin all registering declines across key exchanges. Global Copper Benchmarks Move […]
Read moreJuly 13, 2026 9:05 am
Key Moments Ivory Coast and Ghana have committed to tighter cooperation and higher farmer pay as they respond to sharp cocoa price swings and structural pressures on the sector. Cocobod reported disbursements totaling GH¢ 34,523,447,255.64 to Licensed Buying Companies since the start of the 2025/26 crop season to channel payments to farmers. The two governments […]
Read moreJuly 13, 2026 8:44 am
Key Moments Dutch front-month gas contract rose 3.5% to 50.37 per megawatt-hour in early Monday trading. Iran declared the Strait of Hormuz closed “until further notice” after renewed military clashes with U.S. forces. European gas storage stood at about 47% of capacity, compared with 56% at the same point a year earlier. Futures Rally as […]
Read moreJuly 13, 2026 8:38 am
Key Moments Brent prices have moved sharply higher as tensions rise in the Persian Gulf and traffic through the Strait of Hormuz slows. Speculative net long positions in ICE Brent were reduced by 547 lots to 55,087 lots as of last Tuesday, despite the price rally. IEA data show a 4.1m b/d increase in June […]
Read moreJuly 13, 2026 7:36 am
Key Moments WTI trades above $74.00 after a bullish gap at the start of the week, supported by rising US-Iran tensions and the closure of the Strait of Hormuz. The price structure maintains a short-term bearish tone while it stays below the 23.6% Fibonacci retracement at $76.58 and the 200-day EMA at $77.19. Key resistance […]
Read moreJuly 13, 2026 7:24 am
Key Moments Gold (XAU/USD) trades below $4,050 as a stronger US Dollar and risk-off flows pressure the metal. Escalating US-Iran tensions and the closure of the Strait of Hormuz lift crude prices and reinforce expectations of higher Fed rates. Traders look ahead to Fed Chair Kevin Warsh’s testimony and key US CPI and PPI data […]
Read moreJuly 13, 2026 6:12 am
Key Moments Silver (XAG/USD) trades around $59.00 per troy ounce after extending gains for a second day during Asian hours on Monday. Renewed US-Iran strikes have driven oil prices higher, stoking inflation concerns and expectations of further interest-rate increases. Markets are looking ahead to US CPI data and Federal Reserve Chair Kevin Warsh’s first Congressional […]
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