Brent crude oil broke above $110 a barrel on Tuesday and held there, with the December contract at $111.08, up $1.53 or 1.40% on the session after opening at $109.15. The high of $111.33 is the strongest level the benchmark has reached in five months. The move carries a full week of gains behind it
Updated 20 October 2026. Brent crude traded near $110 a barrel in early Asian trading on Tuesday 20 October (FXEmpire: about $109.78; OilPriceAPI: $110.02 at 01:46 UTC), after settling at $109.55 on Monday (Reuters). The Houthis say they hit Saudi energy sites at Yanbu and Shaybah, and a tanker exploded after hitting a mine in
Updated 20 October 2026. Spot gold traded near $4,120 an ounce on Tuesday 20 October, down about 0.6 percent (Kitco: $4,120.30 at 1:58 am ET; FX Leaders: $4,119.81). It closed Monday at $4,137.80, down $26.30 (Kitco). The US 10-year Treasury yield rose to 5.14 percent and Brent held near $110 as the Houthis claimed strikes
Brent crude oil can be expected to rise further toward the next resistance level 112.80 (which stopped the previous corrective wave B at the start of May). Brent crude oil broke resistance level 106.10 Likely to rise to resistance level 112.80 Brent crude oil recently broke the resistance level 106.10 (which stopped the previous impulse
Global markets face inflation pressures, central bank divergences, Middle East energy supply disruptions, and tech sector turbulence affecting risk assets. Persistent Inflation Pressures and Central Bank Policy Divergence Recent economic data has confirmed that the inflation tightness building since the summer is far from transient. Hotter-than-expected US Consumer Price Index (CPI) and Producer Price Index
This week’s US CPI report came in stronger than expected, lifting the probability of a December rate hike higher once again. Even though Fed Chair Warsh reinforced expectations of a hold for the October’s meeting, markets now face a two-step event: a likely pause on October 28, followed by an interest rate hike on December
This preview of weekly data examines USOIL and XAUUSD, with economic data expected later this week as the primary market drivers of the near-term outlook. Highlights of the week: British unemployment & inflation, German & UK manufacturing PMITuesday British unemployment at 06:00 AM GMT for August is expected to hold steady at 4.9%, while the claimants
The early-October street pair is not where Friday’s close points. Oracle closed Friday, 16 October 2026, at $128.23, and the last 90 daily log-returns, carried across the 52 New York sessions from 19 October through 31 December, put the bull at $143.70, the base at $97.56 and the bear at $75.36. The missing fact is
Palantir’s week was not a break in the commercial story. Friday was a large day on the stock’s own tape. The shares closed Friday, 16 October 2026, at $186.03, down $14.47, or 7.22 percent, from Thursday’s $200.50. From the 9 October close of $209.05, the highest close in the file, the stretch is down 11.01
Updated 19 October 2026. Brent crude traded near $108 a barrel in Asian trading on Monday 19 October, down about 1.7-1.9 percent on the day, after Friday’s settle at $109.86, its highest since May (ABC News, HDFC Sky, Reuters settlement). The trigger: President Trump’s Friday order waiving new Russia sanctions and tariffs, paired with a