In last week’s edition, we wrote that the price of oil would now be calling the shots and thus determining the performance of global financial markets. The last few days have confirmed this thesis – and with more force than we ourselves would have expected. Since the publication of the last Thoughts, the price of
The XAU/USD chart indicates that gold has been moving within the $5,060–$5,200 range during the last few trading sessions. Bullish perspective: the lower boundary of the long-term ascending channel — in place since early 2026 — currently serves as the main support level. Bearish perspective: the market is facing pressure following comments from President Donald
Telehealth platforms are becoming a gateway for access to blockbuster weight loss medicines. That shift became clearer on Monday after Novo Nordisk dropped its patent infringement lawsuit against digital health provider Hims & Hers. The Danish pharmaceutical company has instead agreed to allow Hims to distribute its branded semaglutide drugs through its telehealth platform. The
Lockheed Martin stock price has gone vertical since 2024 and is now hovering near its all-time high. LMT was trading at $671 on Friday, down slightly from the all-time high of $692. It remains about 66% from its lowest point in 2025, and this trend may continue as demand continues rising. Lockheed Martin to benefit
Nigel Farage has taken a direct position in the growing corporate Bitcoin treasury sector after investing £215,000 in Stack BTC, a London-listed company focused on accumulating the digital asset. The Reform UK leader now holds a 6.31% stake through his media vehicle Thorn In The Side, according to a release issued Monday. The move links
With conflict escalating in the Middle East Gulf, the crucial Strait of Hormuz has effectively shut down, immediately halting the transit of oil and casting deep uncertainty over the fate of roughly 16 million barrels per day (bpd) of crude exports from the region. As flows through this vital chokepoint grind to a standstill, the
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. 9/03/2026 Highlights of the week: US inflation, UK GDP, US core PCE Wednesday US Inflation rate at 12:30 GMT, with the consensus pointing to an increase of around 0.1% to
The Iran-Israel conflict has quickly spilled into the global travel industry, triggering flight cancellations, airspace closures, and major disruption across the Middle East. Missile and drone strikes across Gulf countries have forced airlines to suspend operations and reroute aircraft, leaving thousands of travellers stranded and forcing airlines to rapidly adjust flight paths. One of the
Global oil markets were thrown into turmoil as disruptions to critical supply routes through the Strait of Hormuz caused oil prices to surge dramatically, widening price gaps between different crude grades, refined products, and futures contracts. The price differential between Brent and West Texas Intermediate (WTI) crude oil has recently expanded, reaching a peak of
Indian paint companies are facing renewed pressure as rising crude oil prices, softer demand trends, and intensifying competition weigh on the sector’s outlook. Shares of major paint manufacturers have declined sharply in recent trading sessions, reflecting concerns that higher input costs and slowing consumption could squeeze profitability. The sector’s vulnerability stems largely from its heavy