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Silver rebounds strongly as solid US jobs data tempers rapid Fed rate cut expectations
Silver (XAG/USD) trades higher on Wednesday, hovering around $83.90 at the time of writing, up 3.65% on the day. The white metal maintains a constructive tone after absorbing the initial pressure triggered by the release of a solid US employment report, which briefly supported the US Dollar (USD).
Fxstreet
Wed, Feb 11
Brent: Geopolitical tensions lift prices to one-week high – Deutsche Bank
Deutsche Bank analysts note that Brent has risen to around a one-week high as geopolitical risks around Iran intensify. Comments from President Trump on potential military moves and reports of possible tanker seizures have pushed Oil higher.Fxstreet
Wed, Feb 11
WTI holds gains near $64.50 on supply concerns, Indian demand boost
West Texas Intermediate (WTI) Oil price gains over 0.5%, trading around $64.50 per troy ounce during the early European hours on Wednesday. Crude Oil prices advance amid persistent supply concerns linked to escalating United States (US)–Iran tensions.WTI holds steady above $64.00 amid inventory buildup, geopolitical uncertainty
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.20 during the Asian trading hours on Wednesday. The WTI price holds steady as lingering geopolitical uncertainty offsets a significant build in US crude oil inventory.Gold dips but holds $5,000 as US Dollar recovers on soft data
Gold price turns negative during Tuesday’s session, even though worse than expected data in the US pushed investors to trim US Dollar shorts, pushing the yellow metal lower, but remaining above the $5,000 threshold. At the time of writing, XAU/USD trades with losses of 0.72% at $5,022.Fxstreet
Tue, Feb 10
WTI Oil declines as US-Iran talks ease tensions, supply data awaited
West Texas Intermediate (WTI) US Oil trades around $63.90 per barrel on Tuesday, down 0.43% on the day at the time of writing. The Crude Oil remains under pressure as concerns about potential supply disruptions in the Middle East have partly faded.European Gas: Storage risks and LNG reliance – Commerzbank
Commerzbank’s Thu Lan Nguyen warns that unusually low gas storage levels in Germany and across the EU, combined with higher consumption and a flatter forward curve, raise the risk of price spikes and potential consumption restrictions.Fxstreet
Tue, Feb 10
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