[MARKET ANALYSIS] Oil prices are rangebound amid conflicting ceasefire related headlines
Importance
Level 1
WTI/Brent: WTI Jun'26 -0.2% / Brent Jun'26 Flat
- Oil prices are little changed following the prior day's two-way price action amid conflicting reports regarding ceasefire agreements.
Gold: +0.5%
- Climbed higher after returning to above the USD 4,800/oz level with recent fluctuations seen amid optimism around a second round of peace talks between the US and Iran.
Copper: +0.4%
- Remained afloat amid the mostly positive risk appetite but with gains capped as participants await Chinese GDP, Industrial Production and Retail Sales data.