New York Wrap: Crude jumps 6.7% as metals slide
Brent and WTI surged nearly 7% while platinum, silver and gold sold off and Wall Street closed lower across the board.
Brent and WTI surged nearly 7% while platinum, silver and gold sold off and Wall Street closed lower across the board.
Platinum led with a 4.27% gain and crude cleared $94 as equities sank across the board. Polkadot dropped 10.5% in a broad crypto pullback.
Platinum jumps 4.3% and crude clears $94 while Polkadot sheds 10.5% and equity indices open the day broadly lower. Where majors and crypto stand.
A European wrap: mid-cap tokens led by GRT and Polkadot topped the board, the Swedish krona firmed across FX, and crude held its recent gains.
Palladium jumped 3.61% and silver added 1.91% as the metals complex led the session, while the yen firmed across the board and US indices closed higher.
Oil led the session with USOil up 4.62% while silver, platinum and gold all fell sharply and Wall Street indices closed in the red.
Crypto firmed across the board with Cardano up 3.07% and Ethereum 2.6%, while palladium fell 4.73% and European indices closed lower.
European indices closed mostly firmer as USOil rose 1.42% and UKOil 1.35%, while Wall Street softened and the Nikkei shed 1.5%.

JP225 trades at 64,818.4, down 1.5% on the session, holding 6.35% above its 200-day average while short-term averages sit overhead. A descriptive technical read.
Solana led crypto with a 6.5% gain and Bitcoin cleared $80k, while crude rose over 2% and European stocks slipped into the US close.
Solana jumps 6.47% and Bitcoin reclaims $80k as crypto leads the tape, while oil rebounds over 2% and European indices open on the back foot.

A descriptive technical read of the Nasdaq 100 (UT100) at 29587.88: trend structure, RSI, ATR and where price sits in its 52-week range. Not advice.