01Neutral
Brent crude oil tops $116, a six-month high, as tensions swell in the Middle East
U.S. President Donald Trump accused Iran on Thursday of trying to manipulate the oil market.
MORNING BRIEF
Oct 24 Morning Brief2026-10-24
Brent crude oil tops $116, a six-month high, as tensions swell in the Middle East
- 47stories
- 0bullish
- 0bearish
- 5sections
Key points
- Brent crude oil tops $116, a six-month high, as tensions swell in the Middle East
- Gold falls below $4,000 as Oil surge deepens weekly rout ahead of Fed
- Oil price rises above $117 a barrel amid fears US will renew strikes on Iran
- Bitcoin ETFs Lose Over $635M In One Day Following Oil Price Spike
- Volvo Cars plunges 24% as CEO says China sales slump came 'faster than we thought'
KEY POINTS
What moved markets
Gold falls below $4,000 as Oil surge deepens weekly rout ahead of Fed
Gold (XAU/USD) price prolongs its agony, tumbling by nearly 0.60% on Friday and poised to finish the week with losses as higher energy prices increase the chances that major central banks could tighten monetary policy…
03Neutral
Oil price rises above $117 a barrel amid fears US will renew strikes on Iran
Brent crude increase follows Tehran threatening retaliatory attacks on Gulf refineries and datacentres. Oil has hit its highest level in more than six months as fears of fresh escalation in the Middle East conflict grip…
Bitcoin ETFs Lose Over $635M In One Day Following Oil Price Spike
Investors this week were buying bitcoin ETFs but that all changed on Thursday. This post Bitcoin ETFs Lose Over $635M In One Day Following Oil Price Spike first appeared on Bitcoin Magazine and is written by Mathew Di…
05Neutral
Volvo Cars plunges 24% as CEO says China sales slump came 'faster than we thought'
The Swedish automaker cited a deteriorating environment led by "tougher" market conditions in China and the U.S., which "negatively affected free cash flow."
MOST MENTIONED
Markets in the news
How many stories mention each market, and how many read bullish or bearish.
THE NEWS
Five sections, 47 stories
Brent crude oil tops $116, a six-month high, as tensions swell in the Middle East
Brent crude oil tops $116, a six-month high, as tensions swell in the Middle East. U.S. President Donald Trump accused Iran on Thursday of trying to manipulate the oil market.
Gold falls below $4,000 as Oil surge deepens weekly rout ahead of Fed
- Gold (XAU/USD) price prolongs its agony, tumbling by nearly 0.60% on Friday and poised to finish the week with losses as higher energy prices increase the chances that major central banks could tighten monetary policy…
Oil price rises above $117 a barrel amid fears US will renew strikes on Iran
- Brent crude increase follows Tehran threatening retaliatory attacks on Gulf refineries and datacentres. Oil has hit its highest level in more than six months as fears of fresh escalation in the Middle East conflict grip…
Bitcoin ETFs bleed $635M as October slides back into the red
- Thursday’s withdrawals ended a three-day inflow streak and left US spot Bitcoin ETFs with $175 million in net outflows for October.
Bitcoin ETFs Lose Over $635M In One Day Following Oil Price Spike
Investors this week were buying bitcoin ETFs but that all changed on Thursday. This post Bitcoin ETFs Lose Over $635M In One Day Following Oil Price Spike first appeared on Bitcoin Magazine and is written by Mathew Di…
Volvo Cars plunges 24% as CEO says China sales slump came 'faster than we thought'
The Swedish automaker cited a deteriorating environment led by "tougher" market conditions in China and the U.S., which "negatively affected free cash flow."
Middle East Physical Crude Slides While Brent Hits Five-Month High
In contrast with the international benchmark futures prices, the prices of physical crudes from the Middle East have softened this week, as oil continues to flow out of the Persian Gulf in ship-to-ship transfers…
Macro & Markets: 10 selected of 28
White House lifts tariffs on some Canadian goods as midterm elections loom
White House lifts tariffs on some Canadian goods as midterm elections loom. From 30 October, tariffs will be eased on some products, including certain machinery, and placed on others, such as carpets.
10-year Treasury yield drops back to 5% this week as investors seek cover from AI worries
- The 10-year Treasury yield was just below 5% Friday after AI-driven tech selling sent investors into the safety of government bonds.
Investors are starting to find opportunities in the battered bond market
- Some market participants see reason for hope in a market bludgeoned this year.
investingLive Americas market news wrap: War worries boost oil to the highest since May
- Baker Hughes US oil rig count rises 1 to 460. Total rigs unchanged at 603. US expected to remove 50% tariffs on some Canadian products as soon as today - report. UMich final October final consumer sentiment 48.0 vs 46.3…
Silver Price Forecast: Fresh yearly low puts $50 in bears’ sight
- Silver (XAG/USD) price downtrend extended on Friday, losing over 1% after hitting a new yearly low of $53.03, paving the way for sellers to challenge the $50.00 level in the foreseeable future. At the time of writing…
EUR/USD Price Forecast: 200-week SMA offers last line of defense
- EUR/USD trades on the back foot on Friday as the US Dollar (USD) regains some ground alongside US Treasury yields following Thursday’s decline.
$120 Oil Is Almost Here, and Trump Has Few Good Options
- Brent crude nears $120 as escalating Saudi-Houthi tensions fuel another weekly oil price rally, putting fresh pressure on Trump. Friday, October 23, 2026 The slow creep of oil prices towards the $120 per barrel mark is…
Bitcoin seeks support above $81K as Brent crude oil hits highest level since March
- Bitcoin dipped below $81,000 as stocks fell and Brent crude hit its highest level since March, leaving the 50-day moving average in focus.
Oil India Strikes Natural Gas in Shallow Offshore Basin
- State explorer Oil India Limited (OIL) has found natural gas in a previously unexplored formation in the shallow Krishna-Godavari Basin, the Indian company said on Friday. OIL has made the discovery at the Godavari-1…
The Hidden $40-Per-Barrel Cost Driving Oil Prices Higher
- When Americans think about the price of oil, they usually focus on the number quoted every day in financial markets. If Brent crude is trading above $100 a barrel or West Texas Intermediate is near $100, those numbers…
Stocks & Earnings: 10 selected of 18
Trump's Reverse Nixon Strategy: Bring Russia In, Shut China Out
Trump's Reverse Nixon Strategy: Bring Russia In, Shut China Out. On October 9, hours after a phone call between President Trump and President Putin, the Treasury Department issued a six-month waiver allowing Russian diesel.
Turmoil hits AI build-out as neoclouds face pressure, credit risks mount and Solidigm pulls IPO
- Stock slumps, pulled IPOs and rising spreads on credit default swaps this week sets stage for hyperscaler earnings.
Hyperliquid Strategies expands stock buyback program to $100M as PURR shares fall over 30%
- Hyperliquid Strategies increases its stock buyback authorization to $100 million as PURR shares decline over 30% and HYPE falls more than 18%.
Amazon halts Virginia data centers amid rising scrutiny, potential US policy shifts
- Amazon's halted projects may signal a shift towards stricter regulations and community-focused development in US data infrastructure planning.
Blockstream Launches Institutional Consulting Services, Opens Lugano Office
- Blockstream will offer its engineering expertise to banks and asset managers from a new Swiss base. This post Blockstream Launches Institutional Consulting Services, Opens Lugano Office first appeared on Bitcoin…
SpaceX Filing Gives Elon Musk the Final Word on Tesla Merger He Says He’s Staying Out Of
- SpaceX’s latest 10-Q filing quietly confirms any Tesla combination requires sign-off from its “controlling shareholder.”
Qatar deal to buy U.S. natural gas shows how Iran war has redrawn global energy markets
- The Iran war is transforming global energy markets and benefiting U.S. companies, especially liquefied natural gas exporters.
American Express is cutting 5% of its workforce to 'prepare for AI'
Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.
Meta acquires AI data platform Sundial to bolster its analytics push
Meta's acquisition of Sundial highlights the growing importance of AI-driven analytics in enhancing internal decision-making processes.
Scalpers offer Apple iPhone Duo buyers hundreds extra outside Beijing launch
Apple's global launch of the foldable iPhone Duo brought scalpers to the Beijing flagship store looking to pay big for the already pricey devices.
Sectors & Themes: 10 selected of 17
Netanyahu Considering Crypto Plan to Dodge Banking Sanctions on Israel
Netanyahu Considering Crypto Plan to Dodge Banking Sanctions on Israel. Days before Israel’s election, Netanyahu said he has asked for a blockchain plan in case banks are hit with sanctions, and told Israelis to prepare for a rainy.
Netanyahu seeking blockchain plan to prepare for possible sanctions
- Netanyahu says blockchain could help Israel prepare for possible sanctions targeting its banking system.
Bitcoin Core Ends Long Embargoes for Bugs AI Can Rediscover
- Bitcoin Core now fast-tracks fixes and disclosures for vulnerabilities that AI can easily rediscover, ending the long embargoes those bugs once received. This post Bitcoin Core Ends Long Embargoes for Bugs AI Can…
SEC flags tokenization as high-risk area in 2027 market examinations
- The SEC’s latest priorities highlight tokenization as an emerging market risk, while cryptocurrencies remain absent as a standalone examination category.
Telegraph cuts up to 100 jobs as new owner promises to turn paper into ‘AI-powered’ global business
- Redundancies come after paper was bought in June by European media group Axel Springer. The new owners of the Daily Telegraph have made large numbers of staff redundant, telling them the title will be transformed from a…
Experts cast doubt on Anthropic report detailing how AI has altered work at the company
- Anthropic claims AI will shift how work gets done and labor demand – but some experts are skeptical of the vision. Last year, the Anthropic CEO, Dario Amodei, warned that artificial intelligence could eliminate half of…
Bitcoin ETFs swing back to net outflows as $636 million in withdrawals erase previous day’s inflows
- BlackRock's IBIT led Thursday's net outflows with $254.1 million, while four other funds also witnessed withdrawals.
Is a job guarantee the solution to mass AI unemployment?
An old idea springs anew as a chorus of influential voices predicts that AI may trigger crises of vast magnitude. In a preface to his book Capitalism and Freedom, the American economist Milton Friedman famously observed…
Singapore, Malaysia and Thailand central banks expand cross-border stablecoin initiative involving Ripple, Visa and Mastercard
Malaysia and Thailand have joined Singapore's BLOOM initiative for cross-border stablecoin and tokenized deposit settlement.
Canada August retail sales +1.2% vs +1.3% expected
The advance August reading was +1.3%. Prior was -0.7%. Sales up in all 9 subsectors, led by motor vehicles. Ex-autos +1.2% vs +1.0% expected. Prior ex-autos was -0.7%. September advance sales +0.7%. The advance (or…
Analysts & Research: 10 selected of 30
Natural Gas Price Forecast: August Support Faces Breakdown Risk
Natural Gas Price Forecast: August Support Faces Breakdown Risk. Natural gas extends its sharp decline toward key August support, with a $2.60 measured-move target in focus and potential resistance levels defining any.
Gold (XAU/USD) Price Forecast: Bearish Momentum Puts Major Support at Risk
- Gold extends its decline as bearish momentum strengthens, putting support at $3,942 at risk and exposing lower Fibonacci levels and potential longer-term downside targets.
Apple (AAPL) Price Forecast: Record High Breakout Faces Earnings Test
- Apple reaches a record high despite technology-sector pressure, but a weaker weekly finish and upcoming earnings put breakout confirmation, key support, and upside targets in focus.
South Korean Won: Recovery favoured on dips – OCBC
- OCBC strategists Christopher Wong and Sim Moh Siong describe South Korean Won's (KRW) initial strength and subsequent retracement as broader risk aversion resurfaced.
NASDAQ Index, SP500, Dow Jones Forecasts – NASDAQ Attempts To Rebound Despite Rising Oil Prices
- Oil prices soared as traders worried that U.S. would strike Iran this weekend.
NZDUSD buyers are trying to make a play. The 38.2% retracement remains the next hurdle.
- The NZDUSD has moved higher on four of five trading days this week, giving buyers something to build on after a sharp decline from the August high. The recovery has included a failed break below the rising 100-hour…
Philippine Peso: Bearish but constrained by Oil – OCBC
- OCBC strategists Christopher Wong and Sim Moh Siong note Philippine Peso (PHP) remains under pressure even after a larger-than-expected 50bp Bangko Sentral ng Pilipinas (BSP) hike to 5.50%, reflecting persistent…
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Soars 4% As U.S. Ambassador To Turkey Says U.S. Could Strike Iran
Oil markets test new highs as traders prepare for a new round of war in the Middle East.
Silver (XAG) Forecast: Crude and Rate Risk Keep XAGUSD Under Pressure
Silver is down more than 5% for the week as higher crude prices reinforce inflation concerns and keep December Fed hike risk in focus.
EUR/USD Weekly Forecast: Next bounce could be a trap
The single currency alternated gains and losses against the US Dollar (USD) this week, prompting EUR/USD to stabilise around the 1.1200 neighbourhood on Friday, while remaining unable to sustain its earlier bull run…
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Compiled by the Borearis Research Team from public news and market quotes, with AI-assisted summaries. For information only, not investment advice. Trading involves risk.