Oil Rises on Iran Tensions; Gold Holds Above $4,000 Ahead of Fed Decision
Oil prices rose amid Middle East tensions, while gold held above $4,000 an ounce ahead of the US Federal Reserve’s interest-rate decision.
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Oil prices rose amid Middle East tensions, while gold held above $4,000 an ounce ahead of the US Federal Reserve’s interest-rate decision.
US consumer prices rose 3.7% year over year in September, up from 3.4% in August and above economists’ 3.6% forecast. Core CPI rose 0.3% month over month versus 0.2% expected and 2.6% annually versus 2.5% expected.
Crude oil rose to around $95 a barrel on Wednesday amid renewed attacks across the Middle East and the IEA’s latest assessment of the oil market. The agency’s October Oil Market Report warned that constraints in diesel markets could persist well into 2027, with fresh attacks on Saudi Arabia threatening to derail a reco
Commerzbank Research's Carsten Fritsch says conflict between Saudi Arabia and Yemen's Iran-backed Houthi rebels is threatening to escalate after attacks on an airport in the Saudi capital, potentially exacerbating supply disruptions.
Crude oil rose more than 2% to above $93.8 a barrel on Monday, extending gains for a third consecutive session as renewed attacks in Ukraine and the Middle East heightened supply concerns. Ukrainian President Volodymyr Zelenskyy said Russia had continued striking energy infrastructure, including a gas-production facili
Brent crude traded above $105.5 a barrel on Monday, the highest in more than two weeks, as escalating Middle East tensions heightened concerns over regional security. Saudi Arabia’s main airport came under attack again on Sunday, while another tanker was targeted in the Strait of Hormuz. The incidents followed a phone
Crude oil prices climbed toward $89 per barrel on Thursday, recouping some losses from the previous session following reports that the Trump administration had instructed the Pentagon to develop strike options against Iran that could be carried out before the midterm elections. The development goes against the widely h
The roundup says the Swiss franc remains supported by safe-haven demand, while sterling and gilt yields rise on expectations for Bank of England policy tightening and ahead of the U.K. budget. It also notes euro weakness tied to French fiscal concerns and a Treasury auction under close watch.
Three-month LME copper was down 0.25% at $14,379 a tonne by 0300 GMT, pressured by a firmer US dollar and higher oil prices.
Benchmark 10-year U.S. Treasury yields held near their highest since June 2007, while German and French 10-year yields hit 17-year and 18-year highs. Stocks were broadly resilient, with Asian shares higher and European indexes little changed.
Benchmark sovereign yields in the US, Germany and France hovered near multi-year highs while equity indexes rose across Asia and Europe. The dollar was set for a monthly gain, with crude and gold also firmer on the month.
Most emerging Asian stocks and currencies were headed for monthly losses on Wednesday as higher U.S. yields and a firm dollar weighed. South Korea and Taiwan were among the regional gainers, helped by chip demand and AI investment flows.
Regional equities and currencies fell on Wednesday, with oil-importing economies and deficit countries among the weakest. The won was the only regional currency to gain in September, while Indonesia's rupiah remained the worst performer this year.
Most regional currencies are set for monthly losses, with the rupiah down 0.9% in September and the Thai baht and Malaysian ringgit down more than 1.3%. Regional stock markets were mixed, while Thailand shares were on course for their steepest one-day drop since June.
Most regional currencies were subdued and set for monthly losses as higher U.S. yields and a firm dollar weighed on sentiment. The rupiah recovered after Bank Indonesia said it would intervene in the spot market when needed.
The FTSE MIB rose nearly 1% to around 52,200 on Tuesday, as investors continued to largely shrug off higher oil prices and ongoing US-Iran tensions, while bond yields held at multi-year highs. Heavyweight financials were among the main drivers, with UniCredit gaining 1% after the Financial Times reported that CEO Andre
The dollar was flat against major currencies as US-Iran tensions pushed oil higher and Treasury yields rose. Markets are watching upcoming US data and the Reserve Bank of Australia meeting for further policy clues.
Arabica coffee settled up 10.15 cents at $2.8875 per lb after falling 5.4% last week. Raw sugar ended down 0.2% at 17.46 cents per lb.
The 10-year yield touched its highest since mid-June 2007 and the 30-year since mid-May 2004 before easing. Traders also raised bets on a 25-basis-point Fed hike in October to about 68% from 64% on Friday.
Brent crude rose more than 3% above $107 a barrel as US-Iran tensions heightened supply risks and Treasury yields stayed above 5%. The Australian dollar weakened ahead of an expected Reserve Bank of Australia rate hike Tuesday.
Crude oil climbed more than 4% to above $96 a barrel on Monday, recovering from a 2.3% decline in the previous session as uncertainty surrounding US-Iran diplomacy kept supply risks elevated. Tehran continues to support a proposal that US President Donald Trump has rejected, calling for the lifting of a US naval blocka
Nifty 50 and Sensex each drop 1.4% as Brent rises 3.4% to about $108 a barrel amid Mideast tensions.
Benchmark December palm oil futures rose 1 ringgit to 4,673 ringgit a ton at midday in Kuala Lumpur.
Trump Expects Iran Talks This Week After Rejecting Tehran s Hormuz Proposal - Iran Says It Won t Soften Demands After Trump Rejects Hormuz Offer - Oil Rises As Iran Says It Won t Soften Strait Of Hormuz Demands - Bond Sell-Off Resumes As Oil Rises After Trump Spurns Iran Offer - Dollar Firms As US-Iran Tensions Lift Oi
Crude oil climbed above $93 per barrel on Monday, recovering some of the previous session’s losses after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, raising concerns that the restoration of oil flows through the critical waterway could face further delays. Trump also said Tehr
Crude oil rose above $93 a barrel on Thursday, extending a 1.8% gain in the previous session, as heightened Middle East tensions clouded prospects for a diplomatic resolution to the conflict. Military adviser to Iran’s Supreme Leader Yahya Rahim Safavi warned that the conflict could expand from the Persian Gulf, Strait
* Benchmarks Nifty 50 and Sensex drop 1% each after oil rises above $103-a-barrel on renewed Mideast tensions O/R * Banks, private banks and financials fall 1.6%-2%, PB Fintech on course for its worst session on record, after proposed insurance commission caps * Thirteen of 16 major sectors decline; broader small-caps
Euro zone bond yields edged higher on Tuesday, reversing some of Monday's sharp falls, as oil prices recovered. Germany's 10-year yield rose 3 basis points to 3.481% as Brent crude futures gained nearly 2% to $102 a barrel.
Crude oil prices edged higher on Hyperliquid as tensions in the Middle East escalated after Ansar Allah, popularly known as the Houthis, launched a strike on a key Saudi Arabian airport. Crude Oil Prices Jump as Houthis Attack Riyadh Airport The West Texas Intermediate (WTI) rose to $96.2, with its open interest hittin
Flexible Solutions Intl (AMEX: FSI ) held its second-quarter earnings conference call on Monday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary Flexible Solutions International reported a 14% decrease