Crude oil dominated the session, with UKOil up 6.78% to 106.05 and USOil up 6.65% to 100.74. Both are now up more than 12% on the week and over 60% on the year. Precious metals moved the other way, and equities closed lower on both sides of the Atlantic.

Energy and metals

The oil rally stood alone among the day’s gainers. USOil’s 23.25% monthly advance and UKOil’s 21.96% mark the standout trend across the commodity space.

Metals took the opposite path. Platinum dropped 6.27% to 1784.12 and palladium fell 5.65% to 1279.14. Silver slid 5.38% to 63.57, trimming its yearly gain to 53.16%. Gold eased 1.76% to 4316.98, down 2.58% on the week but still 18.87% higher over twelve months.

Equities

Wall Street closed in the red. The Nasdaq 100 led losses at -1.08% to 29118.27, followed by the Dow at -0.79% to 52060.92 and the S&P 500 down 0.66% to 7595.72. The S&P holds a 15.34% yearly gain despite a 1.47% weekly pullback.

Europe was softer too. The DAX 40 fell 0.82% to 25338.09 and the Euro Stoxx 50 dropped 0.68% to 6255.78, the latter now down 4.43% on the month. The FTSE 100 slipped 0.46% to 10602.97.

Asia had already closed weak, with the Hang Seng down 1.14% to 24728.36 and the Nikkei 225 off 0.78% to 64076.63. The Nikkei still carries a 42.83% yearly advance.

Currencies

The dollar firmed against the majors. USDSEK rose 0.81% to 9.66787 and USDNOK gained 0.73% to 9.26092, leading the FX board. USDJPY added 0.55% to 154.38, while USDMXN climbed 0.52% to 16.974 and USDZAR rose 0.57% to 16.125.

The commodity currencies lagged. AUDUSD fell 0.86% to 0.71579 and NZDUSD dropped 0.90% to 0.57906. EURUSD eased 0.24% to 1.16049 and GBPUSD slipped 0.31% to 1.35062.

Crypto

Digital assets sold off broadly. Bitcoin Cash was the day’s weakest name, down 10.11% to 226.29. Bitcoin fell 1.38% to 77185.69, though it holds a 21.73% monthly gain. XRP dropped 2.98% to 1.3522 and MATUSD lost 5.57%.

Ethereum was steadier at -0.28% to 2460.06, and Tezos bucked the trend with a 2.15% rise to 0.2426, extending an 18.81% weekly gain.

The split between surging crude and a broad metals sell-off remains the session’s defining divergence.