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Market News Oil prices fall to their lowest level since early March; will the Strait of Hormuz be charged a toll?
Markets News
Oil prices fall to their lowest level since early March; will the Strait of Hormuz be charged a toll?
Author Avatar TOPONE Markets Analyst
2026-06-17 08:39:37

Hot spot tracking

  • A World Gold Council survey indicates more central banks are planning to increase their gold reserves. This news is bullish for gold.
  • Trump: I'm prepared to invalidate the Russian oil sanctions waivers when they expire. This news is bullish for crude oil.
  • The Bank of Japan raised its target interest rate from 0.75% to 1.00%, the highest level in 31 years; the central bank also decided to pause the reduction of its bond purchases starting next April. This news is positive for the yen.

Product Hot Comment

  • Forex Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD 0.07% 1.16161 1.16078
    GBP/USD 0.01% 1.34318 1.34299
    AUD/USD -0.05% 0.7063 0.70668
    USD/JPY -0.03% 160.362 160.414
    GBP/CAD 0.02% 1.87936 1.87896
    NZD/CAD 0.11% 0.81614 0.81528
    📝 Review:On Tuesday, market sentiment was cautious ahead of the Federal Reserve's interest rate decision. The US dollar index fluctuated lower, ultimately closing down 0.11% at 99.56; the benchmark 10-year US Treasury yield closed at 4.444%, and the 2-year US Treasury yield, which is sensitive to the Fed's policy rate, closed at 4.064%.
    🕵️ Operation suggestion:

    USD/JPY 160.404  Buy  Target Price  160.992

  • Gold Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold 0.20% 4341.62 4333.04
    Silver 0.36% 70.29 70.035
    📝 Review:Spot gold rose for the fourth consecutive trading day, but the gains slowed, ultimately closing up 0.51% at $4,331.23 per ounce; spot silver touched $71 per ounce again during the session before falling back, ultimately closing up 2.91% at $70.02 per ounce.
    🕵️ Operation suggestion:

    Gold 4339.25  Buy  Target Price  4420.72

  • Crude Oil Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil 0.37% 75.987 75.708
    Brent Crude Oil -0.30% 79.053 79.289
    📝 Review:International crude oil prices hit a new low since early March, with reports indicating that the US-Iran agreement allowed Iran to immediately sell crude oil. WTI crude oil touched a low of $75.73 per barrel, eventually closing down 5.76% at $76.7 per barrel; Brent crude oil fell below the $80 mark, eventually closing down 4.47% at $79.24 per barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 75.775  Sell  Target Price  72.110

  • Indice Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 0.11% 30068.95 30034.45
    Dow Jones 0.10% 52086.1 52036.1
    S&P 500 0.09% 7527.05 7520.45
    US Dollar Index -0.04% 99.4 99.44
    📝 Review:U.S. stocks closed mixed, with the Dow Jones Industrial Average up 0.6%, the S&P 500 down 0.57%, and the Nasdaq Composite down 1.15%. SpaceX (SPCX.O) rose as much as 17% intraday but ultimately closed up 4.8%. Micron Technology (MRVL.O) fell nearly 10%, and Micron Technology (MU.O) fell 6%. The Nasdaq China Golden Dragon Index fell 2.5%, and XPeng Motors (XPEV.N) fell more than 4%.
    🕵️ Operation suggestion:

    Nasdaq 100 30036.050  Buy  Target Price  31069.363

Calendar

  • Hot Icon
    20:30 (GMT+8): US May Retail Sales (MoM)
  • Hot Icon
    22:00 (GMT+8): US May Pending Home Sales Index (MoM)
  • Hot Icon
    22:30 (GMT+8): US EIA Crude Oil Inventories for the week ending June 12
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