New York Wrap: Crude Slides Nearly 7%
US session close: WTI and Brent both fell around 6.6% while Cardano jumped 8.5%, US equities firmed and gold added 0.8%. Here's what moved.
US session close: WTI and Brent both fell around 6.6% while Cardano jumped 8.5%, US equities firmed and gold added 0.8%. Here's what moved.
The yen swept higher across the board while the Nasdaq 100 jumped 3% and Uniswap led crypto up 11% into the New York close on July 31.
The yen swept the leaderboard as USD/JPY fell 2.31% and every JPY cross slid. European equities rallied and Uniswap jumped 11% in crypto.
Brent surged 7.4% and US crude 3.4% while the Nasdaq 100 dropped 2.9%. Gold firmed and the dollar softened broadly into the New York close.
Crude tumbled almost 4% to lead the day's losers while precious metals sagged and the Dow closed up nearly 1%. Here's the US session close in the numbers.
Silver, palladium and major cryptos ticked higher after the FOMC press conference landed at 18:30 UTC on 29 July 2026, with metals leading the move.
Brent and WTI led the London session lower, both down roughly 10% on the week, while silver and gold slipped and the FTSE 100 pushed higher.
The FOMC's Federal Funds Rate decision lands at 18:00 UTC on July 29, with forecast and previous both at 3.75%. Here's what it measures and how USD-linked instruments trade.
Oil led the session lower with a near-4% drop, silver and gold slipped, while UNI and Cardano paced a scattered crypto bounce. Here's where markets open.
Altcoins slide with XTZ down 7%, the Nasdaq 100 falls 1.85% and the Nikkei drops 2.3% as crude and silver retreat to open the week.
WTI crude fell 6.5% and Brent 5.9% to close the US session, while silver, gold and Wall Street indices climbed and Ethereum led crypto gains.
Oil led the day's losers with WTI down 6.5% and Brent off 5.9%, while European indices, silver and gold all firmed into the London close.