CRUDE WRAP: WTI (K6) SETTLES USD 0.09 HIGHER AT USD 95.55/BBL; BRENT (K6) SETTLES USD 1.27 HIGHER AT USD 108.65/BBL
The slight rise in WTI and Brent crude oil prices, with WTI settling at $95.55 and Brent at $108.65, suggests a continued bullish sentiment amid ongoing geopolitical tensions, particularly with Iran and Israel.
US FX WRAP: Dollar hit as peers also hold higher for longer; optimism surrounding Middle-East conflict from Netanyahu's pressers accelerates move
US mediators offered Hamas a formal proposal last week to give up their weapons, NPR reports
CRUDE WRAP: WTI (K6) SETTLES USD 0.09 HIGHER AT USD 95.55/BBL; BRENT (K6) SETTLES USD 1.27 HIGHER AT USD 108.65/BBL
Google (GOOGL) beings consumer testing of Gemini Mac app to compete with ChatGPT and Anthopic's Claude
President Trump could buy the Chagos Islands if UK’s handover deal with Mauritius collapses, The Sun reports citing sources
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This price action might reflect tight supply dynamics, which could lead to inflationary pressures and impact risk sentiment in broader markets. Watch for any further developments as they could influence energy equities and related commodities.
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