[MARKET ANALYSIS] Oil prices are rangebound amid likely delay of US-Iran negotiations in Switzerland, while gold breaches through post-FOMC lows
Newsquawk StaffPublished On the live feed at — 2 more headlines followed before this page went public
Newsquawk headlinesUTC
[MARKET ANALYSIS] T-note futures are lacklustre with US cash markets closed on Friday for Juneteenth
US official reportedly said one reason for the postponement of US VP Vance's Switzerland trip "could be Iranian demands regarding the situation in Lebanon", Axios' Ravid reports
[MARKET ANALYSIS] Oil prices are rangebound amid likely delay of US-Iran negotiations in Switzerland, while gold breaches through post-FOMC lows
[CALENDAR ADDITION] US President Trump is to visit Camp David on Saturday, according to the White House
US Deputy Defence Secretary said the Pentagon needs USD 80bln to cover the costs from the Iran conflict and other expenses, WSJ reports citing sources
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Free. No signup, no card.
WTI/Brent: WTI Aug’26 -0.3% / Brent Aug’26 -0.3%
- Oil prices are marginally lower with price action rangebound amid relatively quiet geopolitical headlines and recent conflicting reports surrounding US-Iran talks in Switzerland on Friday, while the latest from a White House official confirmed that US VP Vance would not be travelling on Thursday night, citing complex logistical aspects of the negotiations, but added that they look forward to beginning the technical talks as soon as possible.
Gold: -1.0%
- Gold was pressured and breached through its post-FOMC trough with prices slipping beneath the USD 4,200/oz level.
Copper: -0.8%
- Retreated with demand subdued amid the closure of key markets on Friday, including its largest buyer, due to the Dragon Boat Festival.
Related headlines
- Newsqawk European Market Wrap - 9th September 202657 min ago
- [MARKET ANALYSIS] Brent briefly tops USD 100/bbl as Middle Eastern tensions remain heightened5 hours ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent5 hours ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 1 hour ago
- Russian Kremlin spokesperson Peskov says Presidents Putin and Trump did not discuss the possibility of holding a new meeting at APEC, but there is an understanding that such a meeting could take place, Interfax reports2 hours ago
- [MARKET ANALYSIS] European bourses under pressure as renewed US-Iran strikes drive energy higher; ITX SM hit despite mixed earnings while FORTUM FH surges on GOOGL deal5 hours ago
- [MARKET ANALYSIS] Fixed falters once more as Brent takes USD 100/bbl, awaiting the Treasury buyback announcement5 hours ago
- [MARKET UPDATE] Fresh lows across fixed income and equity futures as energy prices continue to climb; Brent Nov remains north of USD 100/bbl5 hours ago
- Japanese PM Takaichi says Japan will strengthen and diversify energy supplies, including oil, while boosting cooperation on critical minerals and supply-chain resilience with the US, Australia and other partners6 hours ago
- Silver Lake is reportedly to merge Cegid and Silae to form a European Co. selling accounting, HR and enterprise services, FT reports citing sources4 hours ago
- Dow (DOW) reportedly weighs exit from USD 20bln Saudi chemicals venture3 hours ago
- Pakistan is reportedly considering strikes against Houthi targets in Yemen under the “Makkah Pact” defense framework with Saudi Arabia and Turkey, Kann's Kais reports; strikes may begin in the coming days and will be announced immediately after1 hour ago
- US official says in total, in the past week, the US has attacked and destroyed 10 Iranian oil tankers, i24 news reports2 hours ago
- Arabic sources reported intense clashes between mercenaries affiliated with Saudi Arabia and the UAE, reportedly following successive defeats by Houthi forces on various fronts in Yemen, SNN reports2 hours ago
- There are signs the US is working to devise some means of striking Iran's nuclear sites, CNN reports3 hours ago
- Iran launched a drone at a tanker near Iraq, and at a tanker near the Emirates, reports i24's Stein3 hours ago
- IRGC official warns that further US aggression against Iran could trigger more unprecedented Iranian responses, IRNA reports4 hours ago
- Iran’s Foreign Ministry condemns US attacks on Iranian vessels and says Tehran’s strikes on US military bases and interception of American vessels constitute legitimate self-defence under international law4 hours ago
- Two port officials say a Panama-flagged tanker carrying 2mln barrels of Iraqi fuel oil was hit by a drone in Iraqi territorial waters; tanker is named "New Andros", and no casualties were reported4 hours ago
- The Vienna meeting calls on Iran to engage seriously without conditions in confidence-building talks, Al Jazeera reports citing a US-European draft resolution5 hours ago
The whole workspace, free to try.
Try it free