Friday, 30 October 2026
Independent coverage of global markets, trade and finance
While there has been considerable intraday volatility in March, the price move through March 9th resulted in a 43.2% percent jump in the price of oil since the crisis began, that would put this event fifth in the monthl…
At the turn of the year 2025-26, economic growth surprised on the upside while financial market sentiment remained strong despite high uncertainty. The war in the Middle East is now putting this resilience to the test. …
May CPI came in at 4.2% year-over-year — the fastest pace since early 2023 — and the gold price dropped nearly $100 to 11-week lows. The headline is almost entirely an energy story. Gasoline is up 40.5% year-over-year. …
The impact of U.S. and Iran tensions on oil prices has demonstrated how geopolitical risk premiums become the dominant force shaping global energy markets as traditional supply-demand fundamentals increasingly give way …
The Strait of Hormuz is the most critical maritime chokepoint in the global energy system. The Middle East has seen Iran implement its long-feared plan to disrupt shipping through the Strait and the Gulf beyond, trigger…
Gold price (XAU/USD) tumbles to a near two-month low around $4,110 during the early Asian session on Thursday. A stronger US Dollar (USD) and elevated US Treasury bond yields reduce the appeal of the non-yielding metal.…
NEW YORK — U.S. stocks closed barely higher on the 1st as late bargain hunting offset a sharp selloff in global government bonds that drove yields to multiyear highs.
Follow updates on the war in the Middle East for Wednesday, Oct. 7, here. See earlier developments below.
Brent crude oil futures fell 45 cents, or 0.4%, to $110.83 a barrel by 0050 GMT, while U.S. West Texas Intermediate futures were down 27 cents, or 0.3%, to $103.88.
NEW YORK — The U.S. stock market rallied to records on Tuesday as profits kept piling up for companies and as oil prices eased.
Russia’s fossil fuel export revenues have fallen since the sanctions were implemented, subsequently constricting Putin’s ability to fund his full-scale invasion of Ukraine. However, much more should be done to limit Rus…
Gold (XAU/USD) retreats slightly from a two-week high touched earlier this Wednesday, albeit it retains an intraday bullish bias through the first half of the European session. Hopes that US-Iran diplomacy could ease en…
"Oil is little changed after yesterday's decline as traders continue to digest a modest easing in supply-side anxiety," said KCM Trade chief analyst Tim Waterer.
In the days after the US and Israel first bombed Iran, financial markets bet the economic fallout from Donald Trump’s “little excursion” in the Middle East would be short-lived.
The dollar has shown signs of stabilising, but has struggled to stay bid on Bessent’s ruling out JPY intervention and a slightly hawkish Fed. The risks of another major leg lower in USD remain elevated, even if our bias…
The recent jump in Treasury yields has highlighted how vulnerable the U.S. debt outlook is to the bond market, which Scope Ratings flagged in a new report.
The crypto market is once again at a crossroads as global investors turn their attention to the U.S. Federal Reserve’s October 28-29, 2025, FOMC meeting. After more than a year of economic turbulence and monetary recali…
G7 nations have said they are ready to take "necessary measures" to support the global supply of energy after the US-Israel war with Iran sent oil prices surging.
Oil prices fell sharply on Friday as Europe moved closer to another emergency stock release under pressure from the Trump administration, with WTI dropping nearly 4% and Brent falling below $100. At 6:54 a.m. ET, WTI wa…
NEW DELHI: India is preparing to send ships through the strategically vital Strait of Hormuz to secure crude oil and energy cargoes from Middle Eastern suppliers as disruptions caused by the Iran war continue to strain …
A coalition of over 40 nations stated they are committed to the Multinational Military Mission (MMA), led by France and the UK, to reopen the Strait of Hormuz once a ceasefire has been agreed.
Stocks are currently swimming between two currents. On one side, stronger growth supports earnings. On the other, stronger growth supports higher rates. So far neither side has managed to drown the other.
The Bloomberg Commodity Total Return Index is heading for a monthly loss of around 3%, trimming its year-to-date gain to 26%. The setback marks the first monthly decline since December but does little to alter the broad…
Gold prices have more than doubled since late 2023, repeatedly hitting all-time highs in a sustained rally. The precious metal outperformed major equity benchmarks in 2025 with an eye-popping 65% return,1 its strongest …