Giuseppe Dellamotta

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Commodities
Crude oil
Commodities

Oil prices rebound into triple digit levels amid lack of US-Iran breakthrough

  • WTI crude oil continues to consolidate around the $100 level amid the prolonged US-Iran deadlock. The unlimited ceasefire is acting as a ceiling, while the tensions and lack of breakthrough are acting as a floor.
Commodities
Gold
Commodities

Gold consolidates again as US and Iran reject the respective war-ending proposals

  • Gold pulled back into a key support zone around the 4,650 level as US and Iran remain miles apart on any potential agreement. What's next?
News
news market moving 2
News

What are the main events for today?

  • We don't have anything on the agenda today as focus remains on US-Iran headlines
Commodities
Crude oil
Commodities

The constant push for diplomatic resolution continues to cap the upside in oil prices

  • WTI crude oil is trading right in the middle of the wide $80-$115 range created since the start of the war as conflicting signals keep traders on edge
Central Banks
central bank
Central Banks

How have interest rate expectations changed after this week's events?

  • The hawkish expectations remain in place amid persistently elevated energy prices
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