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Oil: Price jumps on Iran conflict escalation – Danske Bank
Danske Research Team notes that Brent Oil has surged toward USD 96 per barrel after renewed Israel–Iran hostilities, with markets reassessing regional supply risks. They highlight that the latest air strikes have undermined hopes for a broader deal to reopen the Strait of Hormuz.
Fxstreet
Mon, Jun 8
WTI Oil holds near $92.50 as tensions flare up in the Middle East
Crude prices have jumped by more than $4 on Monday, with the US benchmark West Texas Intermediate (WTI) barrel trading at $92.52 at the time of writing, as tensions between Israel and Iran flare, adding new strains to an already fragile ceasefire in the area.
Israeli Air Force strikes military targets in western and central Iran following missile attacks
The Israel Defense Forces (IDF) said that it struck military targets in western and central Iran, hours after Iran fired a salvo of missiles at northern Israel, the BBC reported on Monday.Fxstreet
Mon, Jun 8
US President Donald Trump says he will ask Netanyahu not to strike back at Iran
US President Donald Trump said that he would tell Israeli Prime Minister Benjamin Netanyahu not to strike back after Iran fired a salvo of missiles at Israeli targets in retaliation for an attack on the outskirts of Beirut, Reuters reported on Sunday.Silver Price Forecast: XAG crashes towards 200-day SMA, eyes on $61.00
Silver price tanks and challenges the 200-day Simple Moving Average (SMA) near $67.79, as the white metal registers losses of nearly 8%, poised to end the week down by almost 10%, amid a stronger-than-expected US Nonfarm Payrolls report.Fxstreet
Fri, Jun 5
Gold melts down as blowout NFP sends DXY above 100
Gold (XAU/USD) price collapses during the North American session on Friday as the latest Nonfarm Payrolls report in the US smashed forecasts, with figures for the last three months upwardly revised, increasing the chance of a Federal Reserve (Fed) rate hike.
Fxstreet
Fri, Jun 5
Silver tumbles below $69 as strong US jobs report boosts the US Dollar
Silver (XAG/USD) falls on Friday and trades around $68.90 at the time of writing, down 6.74% on the day. The white metal is under heavy selling pressure after a stronger-than-expected US employment report boosted the US Dollar and reinforced expectations of a more restrictive Federal Reserve (Fed).Fxstreet
Fri, Jun 5
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