May 29, 2026 9:20 am
Key Moments About 20% of daily global LNG supply from the Middle East has been disrupted, tightening an already stressed market. Europe is struggling to rebuild gas storage from multi-year lows. At the same time, Asia is increasing demand due to hotter weather forecasts. Analysts say recent price spikes are part of a longer-term structural […]
Read moreMay 29, 2026 8:57 am
Key Moments Brent crude futures fell more than 1% to $92.5 a barrel, while West Texas Intermediate slipped to $87.40. Euro Stoxx 50 opened 0.5% higher, with major European indices posting modest gains amid easing oil concerns. Wall Street notched fresh records, with the S&P 500 closing at 7,563.63 after a 0.6% rise. Oil Prices […]
Read moreMay 29, 2026 7:21 am
Key Moments: WTI trades around $87.00 in the Asian session, extending a three-day losing streak and hovering near a one-month low. Reports of a 60-day extension to the US-Iran ceasefire weigh on prices amid hopes for improved traffic through the Strait of Hormuz. WTI remains below its 50-day SMA and the 50% Fibonacci retracement of […]
Read moreMay 29, 2026 6:42 am
Key Moments XAU/USD trades slightly above the $4,500 level in Asia after rebounding from its lowest point since March 27 in the $4,367-$4,366 zone.
Read moreMay 29, 2026 6:07 am
Key Moments: XAG/USD trades around $75.80 per troy ounce in Asian hours, marking a second consecutive day of gains.
Read moreMay 28, 2026 12:37 pm
Key Moments Gold (XAU/USD) trades at $4,386 after setting a fresh two-month low at $4,366, slipping below its 200-day SMA. The US Dollar Index hovers near 99.35 after reaching a seven-week high of 99.54, as investors favor the Greenback over Gold. Markets look to the upcoming US core PCE Price Index, with expectations for a […]
Read moreMay 28, 2026 9:12 am
Key Moments Brent crude has dropped to $94.29 per barrel, slipping below the 7 May low of $96.03 per barrel. MUFG’s Lloyd Chan links the decline primarily to rising optimism over a potential US-Iran deal. Uncertainty persists as reports highlight Trump’s dissatisfaction with talks and continued subdued tanker traffic through the Strait of Hormuz. Brent […]
Read moreMay 28, 2026 8:05 am
Key Moments WTI rebounds during the Asian session, recovering much of the prior day’s drop from its lowest level since April 21 and trading back above $91.00. Fresh US strikes on an Iranian military site and a retaliatory move by Iran’s IRGC keep the geopolitical risk premium elevated in crude markets. A stronger US Dollar […]
Read moreMay 28, 2026 8:01 am
Key Moments Silver (XAG/USD) dropped to around $72.30 in early European trading, its weakest level since May 6. Fresh US military strikes in Iran and stronger crude oil and US Dollar prices pressured the USD-denominated metal. Technically, XAG/USD remains below key moving averages, with initial resistance at $77.95 and first support at 71.22. Geopolitical Tensions […]
Read moreMay 27, 2026 2:11 pm
Key Moments The global copper market recorded a sizeable surplus of nearly 400,000 tons in Q1 2026, driven by a sharp increase in refined production. Refined output rose strongly in China and the DR Congo, while global copper demand expanded by less than 1%. Commerzbank expects demand to accelerate and production growth to slow, supporting […]
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