Markets remain volatile as geopolitical tensions and Fed policy clash. Oil stays elevated, gold stabilizes, and USD holds firm while risk currencies struggle amid global uncertainty.
Oil surges above $111 as Middle East tensions escalate, boosting the US Dollar and pressuring gold and risk assets. Markets remain volatile ahead of key US NFP data and global uncertainty.
Markets shifted toward a risk-on sentiment as US–Iran de-escalation hopes triggered a broad USD sell-off, boosting gold above $4,700 while oil turned volatile below $100.
Markets are being driven by easing geopolitical tensions and persistent inflation uncertainty, as oil pulls back after a strong rally while gold struggles under higher-for-longer rate expectations.