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Crude Oil

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Markets Mixed: US Stocks Up on Rotation Hopes, Oil Slumps, Gold Near Records : Comments from Vijay Valecha , CIO – Century Financial External Inbox

US Markets  The SPX Index and NDX Index are up about 0.25% and 0.42%, respectively, in the day and are currently trading at $6,930 and $25,519. From a fundamental standpoint, as the decision on Trump tariffs is postponed, Goldman Sachs expects Americans to bear half of the costs of Trump’s tariffs, as tariffs have already […]
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Markets Steady Near Records as Inflation Cools; Gold Rallies on Haven Demand : Comments from Vijay Valecha , CIO – Century Financial

US Markets  US markets remain resilient, with the SPX trading near all-time highs at $6,950 in the early Asian session today. Yesterday, the index was marginally down by 0.2% amid pressure on financials. CPI data yesterday was in line with expectations, yet it showed inflation remains a mixed story. Food prices rose at the fastest […]
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US Stocks Slip as Mixed Data Clouds Outlook; Dollar Firms, Oil Weakens , Gold Pulls Back : Comments from Vijay Valecha , CIO – Century Financial

U.S. Markets  The S&P 500 closed Thursday unchanged, while the Nasdaq ended lower by 0.54%, with markets showing a cautious tone ahead of Friday’s jobs report. The NFP report is expected to confirm that the employment situation is one of no-hire, no-fire, with moderate job growth of 66,000 jobs versus last month’s 64,000. Markets are […]
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US Stocks Trade Flat After Rally; Gold Softens and Oil Slides on Oversupply Fears : Comments from Vijay Valecha , CIO – Century Financial

U.S. Markets  U.S. stocks traded flat on Wednesday following the strong performance in the previous day, during which the S&P 500 reached an all-time high, rising 0.62%, while the Nasdaq was higher by 0.65%. Tuesday’s sector leadership in materials, health care, industrials, and semiconductors underscores the coexistence of two different dynamics, the short-term
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Markets Turn Cautious Ahead of US CPI as Stocks Slip, Gold Shines, and Oil Weakens : Comments from Vijay Valecha , CIO – Century Financial

U.S. Markets  SPX fell for the fourth consecutive session and fell by 0.83% yesterday. The markets are trading in a muted manner as investors await key CPI data today. On a fundamental level, investors are on the edge as they await Inflation data that will be released today. With the weak labor market data, investors […]
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Gold Near Record Levels as S&P Breaks Out, Oil Caps Gains Amid Oversupply Risks : Comments from Vijay Valecha , CIO – Century Financial

Gold and Silver   Gold and Silver remain bullish for the fourth consecutive session gaining 0.14% and 0.19% so far today supported by the Fed’s recent rate cut. Prices of gold were hovering around $4,285 per ounce, after it appreciated by 1.2 percent on Thursday. While silver is trading just below $64, after jumping 3.08%. […]
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US Rally Builds as S&P Nears Record High; Dollar Drops and Oil Softens on Rate-Cut Bets : Comments from Vijay Valecha , CIO – Century Financial

US Markets  The S&P 500 held its upward momentum yesterday and is pushing higher this morning, trading around $6,875 in Asian hours, firmly above the key $6,850 level and signaling growing strength ahead of next week’s FOMC. Equities continue to trade near record highs amid an increasingly healthy market rotation, a constructive sign for the […]
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Gold Holds Above $4,200 as Fed Cut Odds Hit 87%; Oil Climbs on Geopolitical Tensions

 Crude Oil  WTI crude rose by 1.85% yesterday, settling near $59.62, and is trading steadily around $59.46 in early Asian hours on Tuesday, holding near two-week highs after Monday’s strong advance. Oil remains underpinned by geopolitical tensions and renewed confidence in supply-side discipline. Prices continue to find support from OPEC+’s decision to pause production
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Gold Holds Near $4,155 as Fed Cut Odds Hit 85% and Dollar Slides Below 100 : Comments from Vijay Valecha , CIO – Century Financial

US Markets  The S&P 500 rose 0.75% in yesterday’s session, while the Nasdaq 100 gained 0.96%, marking four days of a winning streak as AI stocks rebounded and on increased expectations that the Federal Reserve will end the year with another rate cut next month. Markets are now pricing an 80.4% probability of a 25-basis-point […]
Ole Hansen
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Crude oil: short-term weakness masks long-term supply challenge – Saxo Bank

Crude prices tumbled on Wednesday after OPEC’s latest monthly report flipped its third-quarter projection from a 400,000-barrel daily deficit to a 500,000-barrel surplus. The revision—alongside forecasts from other agencies showing a larger surplus into 2026—was widely read as confirmation that the long-anticipated oversupply has arrived. The International Energy Agency in
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Gold Hits 3-Week High ; Equities Rally on Shutdown Optimism – Comments from Vijay Valecha , CIO – Century Financial

US Markets  Yesterday’s session brought a sizeable risk-on rally, as indices rose following the Senate’s passage of legislation to end government shutdown. The S&P 500 was up +1.54%, while the Nasdaq surged higher by 2%. While the early trading today shows some modest weakness in the indices, this reflects profit-taking activity, rather than renewed risk
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Oil Slips Again as Supply Fears Grow; Gold Holds Near Key Range – Comments from Vijay Valecha , CIO – Century Financial

US Markets The SPX slipped 1.12% yesterday, while the NASDAQ fell 1.9%. Over the week, the SPX has declined 1.75%, as investors have grown cautious amid stretched valuations and an uncertain economic outlook. Markets remain tense as the government shutdown drags on, now marking the longest in U.S. history. The closure is costing roughly $15 […]