Commodities News
Latest commodities news, gold prices, oil market updates and analysis of key global resources
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S&P 500 Falls After 3.8% CPI and $100 Oil Shake Risk Assets
U.S. stocks pulled back after April inflation accelerated to 3.8% and crude climbed above $100 a barrel. The hotter CPI…
5 min read
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Gold Price Holds Near $4,706 as CPI Surprise and Iran Risk Pull Markets in Opposite Directions
Gold traded near $4,706 after failing to clear $4,770, with stronger-than-expected U.S. inflation and persistent Iran tensions shaping the near-term…
5 min read
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EUR/USD Slides to 1.1745 as U.S. CPI Hits 3.8% and Oil Surges Above $100
EUR/USD fell to 1.1745 after hotter-than-expected U.S. inflation reinforced the higher-for-longer rate outlook. Rising Treasury yields, firm oil prices and…
5 min read
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WTI Oil Jumps to $101.80 as Hormuz Risk Lifts Brent Above $108
WTI crude climbed to $101.80 and Brent rose above $108 as renewed Iran tensions and disruption around the Strait of…
5 min read
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