[MARKET UPDATE] Crude continues to climb and surpasses Thursday's best as overnight activity by Hezbollah and the IDF mean that US VP Vance is not travelling to Switzerland
Newsquawk Staff ·
Crude continues to climb and surpasses Thursday's best as overnight activity by Hezbollah and the IDF mean that US VP Vance is not travelling to Switzerland.
- US Market Wrap: Stocks gain as tech earnings begin
- CRUDE WRAP: WTI (Z6) SETTLES USD 0.67 LOWER AT 97.15/BBL; BRENT (X6) SETTLES USD 0.03 HIGHER AT USD 108.82/BBL
- [MARKET UPDATE] Risk-on trade seen at 12:39EDT/17:39BST with desks citing OFAC authorising offloading of some cargo involving some blocked vessels; Downside in oil, equity futures hit new session highs, gold and bonds rallied, while USD saw pressure
- Israeli helicopters flying in the sky of southern Syria, and continued transfer of military forces, equipment and deployment of early warning systems, are being carried out within the framework of preparation for a possible war with Iran, reports Mizan
- Newsquawk European Market Wrap - 21st October 2026
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