Search
News
WTI Price Forecast: Trades flat slightly above $93.00 amid US-Iran deadlock
West Texas Intermediate (WTI), futures on NYMEX, trades in a tight range around $93.20 during the European trading session on Thursday. The oil price consolidates as negotiations between the United States (US) and Iran towards a permanent peace deal are going nowhere.
WTI slumps to near $93.00 as Israel, Lebanon agree to renew ceasefire
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $93.10 during the early European trading hours on Thursday. The WTI price falls as a ceasefire agreement between Israel and Lebanon renewed hopes for diplomatic progress.Gold rebounds from one-week low as Israel-Lebanon truce pressures safe-haven USD
Gold (XAU/USD) gains some positive traction on Thursday and climbs to the $4,475 area during the Asian session, reversing a major part of the previous day's slide to a one-week low. The Israel-Lebanon truce prompts some profit-taking around the US Dollar (USD) and supports the commodity.Fxstreet
Thu, Jun 4
US President Donald Trump says he won’t restart all-out war with Iran unless US troops are killed
US President Trump has told aides that he would consider ending the ceasefire with Iran if Tehran kills US troops, the Wall Street Journal reported on Thursday. Trump insisted that the weekslong pause in airstrikes remains intact despite a steady stream of violent skirmishes.Fxstreet
Thu, Jun 4
Gold slumps to near $4,450 as strong US jobs data reinforce higher-rate bets
Gold price (XAU/USD) falls to around $4,450 during the early Asian session on Thursday. The precious metal attracts some sellers amid rising expectations that the US Federal Reserve (Fed) will raise interest rates this year.Fxstreet
Wed, Jun 3
WTI Crude Oil rises to near two-week high on US-Iran uncertainty, EIA stockpile draw
West Texas Intermediate (WTI) crude Oil climbs to its highest level in nearly two weeks on Wednesday as renewed hostilities in the Middle East dent hopes of a near-term US-Iran deal that could reopen the Strait of Hormuz.US Treasuries lost their crown: Why central banks are betting on Gold
Gold has become the top reserve asset in global central banks’ vaults, surpassing US Treasuries, suggesting that the precious metal is becoming the main choice for monetary authorities seeking protection against geopolitical uncertainty.Fxstreet
Wed, Jun 3
WTI Crude Oil surges on renewed Iran Gulf tensions, sharp US inventory drawdown
West Texas Intermediate (WTI) advances toward $94.00 at the time of writing, up 2.52% on the day, supported by a fresh escalation of geopolitical tensions in the Middle East and growing concerns about global Oil supplies.Featured Tools
Top News
Why Are Nasdaq and S&P 500 Futures Weak Pre-Market? Nvidia, Apple, Intel, CRWD and Other Stocks in Focus
Gold Price Forecast: Can Gold Keep Rising as Fed Rate Hike Expectations Heat Up and US-Iran Conflict Escalates?
Nike: Just Bounce It — Shares Hit 12-Year Low, Will the Market Jump the Gun?
US Stocks Fall as Dow Drops 370 Points; CSPs Lead Losses as Cloud Memory Stocks Surge Late; SanDisk and Tesla Rise Over 5%
SanDisk Reverses Losses to Rise Over 5% Late in Session, Included in MSCI Global Index at Today's Close
