Oil – Volatile
Trump announced a US-led operation to guide ships out of the Strait of Hormuz. WTI gapped to 96.45 ,then recovered above98. Iran called it a "ceasefire violation." OPEC+ is raising output, but geopolitics still drives prices.
Outlook: Oil volatile. Watch Hormuz headlines.
Dollar – Steady
DXY near 98.20, supported by safe-haven flows and Fed's hawkish stance. Friday's jobs report is key.
Outlook: Strong jobs = stronger USD. Weak jobs = USD pullback.
Gold – Pressured
Gold at 4,604/oz ,pressured by strong dollar and high yields.Key support at 4,500-4,510.
Outlook: Short-term downside likely, but long-term bullish ($6,000 target from BofA).
This Week's Key Event
Friday – US Nonfarm Payrolls (expected ~ 60-73k jobs). Could move everything.
Oil: Volatile, supported by geopolitics
Gold: Weak short-term, buy dip near $4,400-4,500
Dollar: Steady, waiting for jobs data
Trump announced a US-led operation to guide ships out of the Strait of Hormuz. WTI gapped to 96.45 ,then recovered above98. Iran called it a "ceasefire violation." OPEC+ is raising output, but geopolitics still drives prices.
Outlook: Oil volatile. Watch Hormuz headlines.
Dollar – Steady
DXY near 98.20, supported by safe-haven flows and Fed's hawkish stance. Friday's jobs report is key.
Outlook: Strong jobs = stronger USD. Weak jobs = USD pullback.
Gold – Pressured
Gold at 4,604/oz ,pressured by strong dollar and high yields.Key support at 4,500-4,510.
Outlook: Short-term downside likely, but long-term bullish ($6,000 target from BofA).
This Week's Key Event
Friday – US Nonfarm Payrolls (expected ~ 60-73k jobs). Could move everything.
Oil: Volatile, supported by geopolitics
Gold: Weak short-term, buy dip near $4,400-4,500
Dollar: Steady, waiting for jobs data
