Unprecedented supply disruptions are not leading to record crude oil prices. Investors are selling Brent and WTI on news of the US-Iran de-escalation. Prices are high, but do not reflect the full severity of the problems arising in the market. According to IEA estimates, oil and petroleum product flows through the Strait of Hormuz have […]
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Gold prices are experiencing a selloff driven by rising oil prices (fueling inflation concerns) and dampened sentiment regarding a potential US-Iran deal Technical analysis indicates an accelerating bearish momentum, with Gold breaking below both the Read more…
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Commodity-linked currencies are trading near key levels, showing restrained price action as market participants adopt a wait-and-see approach. The fundamental backdrop is shaped by expectations surrounding the release of Australia’s inflation data and the Bank Read more…