BRENT price rises above $100 per barrel as supply disruption widens
Brent oil jumped above psychological $100 barrier on Thursday, hitting the levels last traded in late May, as fresh escalation in the Middle East after Yemen’s Houthis hit two Saudi oil tankers in the Bab el-Mandeb straight caused further…
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ECB holds rates unchanged and signal hike in September
The European Central Bank, as widely expected, left interest rates unchanged in its July policy meeting in Frankfurt today, but signaled rate hike in September, as worsening geopolitical situation threatens lifting inflation well above…
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BRENT OIL price rises above $95 on growing fears of further supply disruption
Brent price rose almost 4% during Asian / European sessions on Wednesday and hit the highest since June 11, fueled by mounting fears of deeper disruption in supply, as threats of closure of the Red Sea in a naval blockade of Saudi Arabia,…
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UK inflation slows below expectations in June
British consumer prices rose by 2.6% y/y in June (the smallest increase since March 2025), down from 2.8% in May and below 2.7% forecast.
So called core inflation, stripped for the most volatile food, energy, alcohol and tobacco prices,…
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German economic sentiment improves greatly in July – ZEW
The report from German ZEW economic research institute, released on Tuesday, showed that investor morale rose well above expectations and almost tripled the previous month’s value in July.
ZEW Economic Sentiment jumped to 26.3 in July…
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GOLD price jumps on fresh diplomatic efforts to ease tensions in the Middle East
Gold rose around 1.5% on Tuesday as fresh signals of diplomatic action to de-escalate US-Iran war cooled inflation risks and expected to ease pressure on the US central bank.
Quick change in sentiment made the yellow metal more…
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BTCUSD – extended sideways mode between falling daily cloud and Tenkan-sen
BTCUSD remains in a sideways mode for the past few sessions, showing mild reaction on geopolitical developments and recent key economic data (US inflation) with focus shifting towards major central banks.
Near-term action remains…
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Brent price eases from new multi-week high on signals of potential diplomatic action
Brent price spiked to five-week high on Monday after gap-higher opening and break above psychological $90 barrier, in extension of last week’s 13% advance, before quick pullback of about $5 that reversed all overnight gains.
Geopolitics…
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Oil price rises after a brief consolidation
Oil prices regained traction and rose on Friday, advancing over 1.5% during European session, after being in a quiet mode in past two days.
Double tight Doji candles on Wed/Thu signaled that traders were on hold after the latest rally…
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GOLD probes again through key $4000 support
Gold trades below $4000 level on Friday following Thursday’s break and daily close below this level (the first close well below the mark since 6 November 2025), after the price moved around 4K for almost one month, but all attacks failed to…
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