August 14, 2026 9:03 am
Key Moments Brent crude declined -2.15% to $87.07/bbl, ending a streak of 6 consecutive daily gains. Despite easing, Brent prices remain +20% above pre-Iran war levels, while refined products show even larger increases. Market participants reduced expectations of a Fed rate hike as lower oil prices and a weaker US PPI print supported a dovish […]
Read moreAugust 14, 2026 7:14 am
Key Moments XAU/USD stays under pressure for a second session, pulling back from the recent high near $4,450 but holding above $4,300. Softer US inflation data has reduced expectations for additional Federal Reserve rate hikes, tempering US Dollar strength and helping to cushion gold. Heightened geopolitical tensions in the Middle East are underpinning safe-haven demand […]
Read moreAugust 14, 2026 7:09 am
Key Moments Silver (XAG/USD) trades about 1% lower near $63.80 in Friday’s Asian session amid renewed pressure from energy supply risks. Disruptions through the Strait of Hormuz and Bab al-Mandab – key routes for almost 27% of global energy flows – are supporting oil and inflation concerns, weighing on non-yielding assets. Despite the pullback, XAG/USD […]
Read moreAugust 13, 2026 2:19 pm
Key Moments Wheat futures were higher by 1 to 4 cents across the three major exchanges following sharp prior gains. NASS data showed 2026 U.S. wheat production at 1.531 bbu, 5 mbu below July, with modest reductions in HRW and durum output. WASDE projected 2026/27 U.S. ending stocks at 717 mbu, down 5 mbu, while […]
Read moreAugust 13, 2026 9:58 am
Key Moments Copper recently closed at $6.521 on the 5-hour chart, sitting just above key Fibonacci support at $6.507. Price is trading below the 20-period moving average at $6.622 and the Ichimoku Tenkan line at $6.628, while remaining above the SMA(200) at $6.360. Momentum indicators show near-oversold RSI at 39.1 and a bearish MACD profile, […]
Read moreAugust 13, 2026 9:15 am
Key Moments Benchmark Dutch front-month gas futures fell 3.1% to about 59.18 euros per megawatt-hour after reaching multi-week highs earlier this week. European Union gas storage stood at 59.32% of capacity, a record low for mid-August. Meanwhile, Persian Gulf shipping disruptions and heat-driven power demand have slowed storage injections and kept a geopolitical risk premium […]
Read moreAugust 13, 2026 8:52 am
Key Moments WTI futures on NYMEX traded 0.5% higher around $82.10 during the European session on Thursday, supported by persistent supply concerns. Shipping traffic through the Strait of Hormuz dropped to six vessels on August 10, compared with a recent 10-day average of about 11 and far below pre-war flows of 130 to 140 ships […]
Read moreAugust 13, 2026 8:37 am
Key Moments Brent and WTI futures moved lower as traders weighed weaker demand projections and a sharp rise in U.S. crude stocks. U.S. commercial crude inventories increased by 17.4 million barrels to 424.4 million, contrasting with expectations for a draw. Geopolitical tensions and supply disruptions in the Middle East and Black Sea continued to lend […]
Read moreAugust 13, 2026 7:28 am
Key Moments Gold (XAU/USD) pulled back from an intraday peak near $4,450 and fell below $4,400 as the European session approached. Markets continued to price in nearly an 80% probability of a US Federal Reserve rate hike in 2026, supporting the US Dollar. Geopolitical tensions involving the US-Iran standoff and Red Sea shipping risks kept […]
Read moreAugust 13, 2026 7:02 am
Key Moments Silver (XAG/USD) trades in a narrow band around $65.40 during the Asian session, with traders awaiting U.S. PPI data. July U.S. headline CPI eased to 3.4% YoY and core CPI to 2.5% YoY, allowing markets to scale back expectations for near-term Fed rate hikes. XAG/USD remains above its 20-day EMA at $61.66, with […]
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