Oil prices stabilized on Thursday (February 12th), as the market reassigned a risk premium to US-Iran tensions despite US inventory data showing swelling domestic supplies. This movement confirms one thing: geopolitical headlines are still more "noise" than signals of a short-term surplus. As of 3:50 PM WIB, Brent was at $69.60/barrel (+0.29%) and WTI was at $64.83/barrel (+0.31%). The gains were moderate, but enough to keep prices near the psychological $70 level for Brent. From a geopolitical perspective, market focus is on the potential for escalation in the Middle East. Recent reports...
The US dollar index fluctuated around 98.4 on Thursday, but remained within the previous session's strengthening zone. The market appeared cautious as investors began to position themselves ahead of the November US CPI release, which is expected to show price pressures remain above the Fed's target. Mixed US labor data earlier this week hasn't significantly changed the market outlook—investors still expect at least one interest rate cut in the future. Fed official Christopher Waller said there's still room to cut rates due to signs the labor market is softening, while Raphael Bostic was...
GBP/USD moved sideways and tended to hover above the 1.3300 area during Thursday's Asian session. After bouncing from around 1.3310 (a one-week low), the pair is now fluctuating slightly around 1.3370 as the market awaits two major triggers: the Bank of England (BoE) decision and the US inflation (CPI) release.The BoE is scheduled to announce its policy today, and the market is widely expecting a 25 bps interest rate cut, following a pause in November. These expectations were further strengthened by weaker UK inflation data, which automatically weighed on the pound.The latest data showed UK...
Silver prices moved steadily in today's trading, Wednesday (December 18, 2025), holding near their all-time high. This precious metal remains attractive to investors amid increasing global uncertainty, particularly regarding geopolitics and the direction of US interest rate policy. The main support comes from escalating international tensions, including the situation in Venezuela and US pressure on energy-producing countries. This situation has prompted investors to seek safe assets, and silver has once again been seen as a hedge, in line with gold's movement, which has also remained near...
World oil prices have risen again after falling to their lowest level in four and a half years. This increase occurred as investors weighed rising geopolitical risks, from Venezuela to Russia, amid the prospect of a still-tight global oil supply. West Texas Intermediate (WTI) crude oil traded just below USD 57 per barrel after rising 1.2% on Wednesday. Meanwhile, Brent crude closed just below USD 60 per barrel. The United States is preparing to impose new sanctions on the Russian energy sector to pressure the Ukraine peace deal, and has declared a blockade on Venezuelan oil exports, fueling...
Gold prices remain high and are moving steadily near their record high. Bullion is trading around USD 4,340 per ounce, only about USD 40 below the all-time high reached last October. This increase comes after gold surged 0.8% in the previous session. Market participants are now focused on the release of US inflation data on Thursday. This data is crucial because it could provide clues as to whether the US Federal Reserve will continue cutting interest rates. If inflation slows, the chances of an interest rate cut could increase, which typically supports gold prices. In addition to economic...
Gold rose above $4,340 an ounce on Wednesday, nearing October's record highs, as investors bet on further Fed easing and sought safe havens amid renewed geopolitical tensions. Fed Governor Waller said rates could be up to a percentage point lower, citing near-stalled job growth and a cooling labor market. Earlier in the week, US labor data reinforced signs of a cooling job market. The unemployment rate climbed to 4.6%, its highest level since 2021, while a larger-than-expected increase in payrolls in November failed to fully offset October's sharp slowdown. Meanwhile, geopolitical risks...
Silver surged more than 4% to above $66 per ounce on Wednesday, hitting fresh all-time highs as investors increasingly price in two interest rate cuts in early 2026. Support came from comments by Fed Governor Christopher Waller, a leading contender for the Fed chair role, who said US borrowing costs should be up to one percentage point lower. Waller warned that job growth has slowed to near zero and called for measured rate cuts next year to help support employment. Earlier in the week, US labor data reinforced signs of a cooling job market. The unemployment rate climbed to 4.6%, its...
Gold prices extend gains, supported by expectations of further U.S. monetary easing, persistent geopolitical risks and strong investor demand. "While U.S. employment data was mixed, markets continue to see the Federal Reserve cutting its interest rates two times during the first part of 2026," says Bas Kooijman, CEO and Asset Manager of DHF Capital. Investors are now focused on November's consumer-price data due Thursday, as signs of further disinflation could push yields lower, weaken the dollar and allow gold to test fresh record highs, Kooijman said. Meanwhile, geopolitical fears drive...
Gold rises in the early Asian trade. There's a broad commodities uptrend, driven by macro uncertainty, a weaker dollar, and persistent demand for "hard" assets, says Fawad Razaqzada, market analyst...
Oil extended declines after OPEC+ agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.
Brent...
The Japanese Yen (JPY) weakened against its US counterpart and reversed part of Friday's recovery from the lowest level since July 23 following Bank of Japan (BOJ) Governor Kazuo Ueda's remarks....