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22 07, 2026

Coffee price today 22. 7: Maintains close to high level

By |2026-07-22T09:19:09+03:00July 22, 2026|Forex News, News|0 Comments


Domestic coffee prices today

According to the latest data, the average coffee price in the domestic market is at 98,500 VND/kg.

In Dak Lak, coffee prices are recorded at 98,500 VND/kg. Gia Lai and the old Dak Nong area are also at the same level of 98,500 VND/kg.

In Lam Dong, coffee prices are at 98,000 VND/kg, the lowest among the surveyed areas.

The price level still maintains close to the 99,000 VND/kg mark, significantly higher than the price range at the beginning of July.

The USD/VND exchange rate according to Vietcombank is recorded at 26,080 VND/USD.

World coffee prices

According to the latest price list you provided, world coffee prices increased slightly on both the London and New York exchanges.

On the London exchange, the September 2026 Robusta futures contract increased by 7 USD/ton, equivalent to 0.18%, to 3,884 USD/ton.

Robusta for November 2026 delivery increased by 22 USD/ton, equivalent to 0.57%, to 3,851 USD/ton.

The January and March 2027 terms increased by 24 USD/ton and 26 USD/ton respectively, reaching 3,811 USD/ton and 3,776 USD/ton.

The July 2026 Robusta contract reached 3.984 USD/ton, an increase of 7 USD/ton. However, this term has very low trading volume because it is close to maturity, so the September contract reflects the market trend more clearly.

On the New York exchange, Arabica also increased in terms. The September 2026 Arabica futures contract increased by 4.25 US cents/lb, equivalent to 1.33%, to 324.55 US cents/lb.

Arabica December 2026 futures increased by 5.65 US cents/lb, equivalent to 1.86%, to 309.45 US cents/lb.

The March and May 2027 terms both increased by 5.15 US cents/lb, reaching 302.75 US cents/lb and 300.80 US cents/lb respectively.

The July 2027 term increased by 5.10 US cents/lb, to 299.60 US cents/lb.

Coffee price assessment

Domestic coffee prices continue to increase and approach the 99,000 VND/kg mark. This development is consistent with the slight increase in Robusta and Arabica prices in the world market.

The increase on the two exchanges is not large, so this can be seen as a cautious recovery rather than a new breakthrough signal. In the short term, coffee prices still depend on international price movements, the USD/VND exchange rate and the purchasing demand of export businesses.

From a global market perspective, the International Coffee Organization (ICO) said that the average ICO aggregate price index in June 2026 reached 248.90 US cents/lb, down 2.8% compared to May 2026. ICO’s Coffee Market Report monitors price fluctuations, trade and supply-demand balance of the coffee industry.

For Robusta, the Coffee Annual report of the Foreign Agricultural Services Agency of the US Department of Agriculture (USDA/FAS) forecasts that Vietnam’s total coffee production in the 2026-2027 crop year will reach 32.5 million bags. The prospect of increased supply is a factor that can curb the upward momentum in the medium term.

For Brazil, the USDA/FAS report forecasts green coffee production for the 2026-2027 crop to reach 71.9 million bags, of which Arabica reaches 47.5 million bags and Robusta reaches 24.4 million bags. This is a factor to be monitored because Brazil is a major supplier in the Arabica market.





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22 07, 2026

Citi Raises Brent Forecast for 2026; Sees $150 Oil if Hormuz Disruption Persists – Energy News, Top Headlines, Commentaries, Features & Events

By |2026-07-22T05:17:58+03:00July 22, 2026|Forex News, News|0 Comments


 

Citi raised its outlook for average Brent crude prices for the rest of 2026 late on Sunday, warning prices could surge to $150 a barrel if oil flows through the Strait of Hormuz remain disrupted through the end of June.

The bank lifted its base-case forecast for Brent to $110, $95 and $80 a barrel for the second, third and fourth quarter of 2026, respectively, assigning a 50% probability to that scenario.

Citi also pushed back its expected reopening of the Strait of Hormuz to the end of May, from mid-to-late April, after the United States and Iran failed to reach an agreement during their second round of peace talks.

“With both sides still far apart on their red lines, we see the risks surrounding our bullish near term and our 2H’26 central case oil price forecasts as skewed to the upside,” Citi said.

Under its bull-case scenario, which carries a 30% probability, Citi assumes oil flows remain disrupted through the end of June at levels similar to current outages.29dk2902l

In that case, Brent crude could spike to $150 a barrel, with average prices near $130 in both the second and third quarters of 2026, before easing to $100 in the fourth quarter.

The bank also outlined a “super bull” scenario in which the Strait of Hormuz remains closed beyond June, an outcome it said would have severe implications for oil spending as a share of global and U.S. economic output.

Citi noted oil prices have risen less than expected in recent weeks despite supply disruptions, citing large pre-conflict inventory builds, releases from International Energy Agency strategic stockpiles and a widespread expectations that the conflict would be resolved quickly.

Oil prices would need to rise far beyond current levels to match past peaks in oil spending relative to GDP, with U.S. all-in product prices near $280 a barrel and global prices around $220, implying Brent above $160-$180, Citi said.

Oil edged higher on Monday as U.S.-Iran peace talks stalled and shipments through the Strait of Hormuz remained constrained, keeping global supplies tight.

Brent crude futures rose to $106.68 a barrel by 0229 GMT, while U.S. West Texas Intermediate stood at $95.52.

(Reporting by Pablo Sinha and Noel John; Editing by Tom Hogue and Sumana Nandy)

 

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22 07, 2026

Forecast update for Brent -21-07-2026

By |2026-07-22T01:16:56+03:00July 22, 2026|Forex News, News|0 Comments


NVIDIA Corporation (NVDA) was unable to hold on to its early gains in its latest trading session, retreating from the day’s highs and surrendering most of those advances. The stock remains under the control of a short-term bearish corrective trend, with price action continuing to track a descending trendline that reinforces the current downside bias. Selling pressure also persists as the stock continues to trade below its 50-day Simple Moving Average (SMA). Meanwhile, momentum indicators are beginning to form a bearish divergence after reaching extremely overbought levels relative to the stock’s price action, with fresh bearish signals continuing to emerge.

 

Therefore, our outlook remains bearish for the stock’s upcoming trading sessions, as long as resistance at $213.80 remains intact. Under this scenario, the stock is expected to target the key support level at $191.00.

 

Today’s price forecast: Bearish.





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21 07, 2026

XAU/USD Price forecast: Middle East crisis intensifies, Gold up

By |2026-07-21T21:15:59+03:00July 21, 2026|Forex News, News|0 Comments


XAU/USD Current price: $ 4,075

  • The US Dollar, Gold, and stocks all trade with a firmer tone on Tuesday.
  • US President Donald Trump threatens to intensify attacks on Iran.
  • XAU/USD gains upward traction in the near-term, approaches $4,100.

The US Dollar (USD) trades with a firmer tone on Tuesday, but so does Gold. The bright metal is moving away from the $4,000 mark and trades closer to an intraday high of $4,084 than to the psychological threshold. Indeed, markets are concern-flooded, which means stronger safe-havens should not surprise. And yet, for the first time in a long time, the precious metal seems to be outpacing the USD.

The usual Middle East concerns were exacerbated by United States (US) President Donald Trump threatening Canada with massive 50% tariffs on a variety of goods over claims of Ottawa’s “continuous discrimination” against American products, supposedly coming into effect in 30 days. And while Trump is likely to TACO, market participants are reading it as yet another stone in the road to sustainable inflation.

Mid-American session, both Gold and the USD are gaining upward traction, alongside Wall Street, quite an uncommon scenario. And that, despite comments from President Trump at the White House, threatening to escalate attacks on Iran, while saying he is no longer willing to negotiate with Tehran.

XAU/USD short-term technical outlook

It seems too early to call for a bullish continuation in XAU/USD. In the four-hour chart, XAU/USD, the pair turned bullish as it remains above both the 100-period Simple Moving Average (SMA) at $4,067.46 and the 20-period SMA at $4,017.34. The 200-period SMA at $4,133.13 stays overhead as a broader trend barrier, while the Relative Strength Index (RSI) indicator aims firmly north around 61 and the advance of the Momentum indicator reinforces constructive upside pressure.

XAU/USD’s bullish potential remains capped in the daily chart as it remains well below the 200-day and 100-day SMAs at $4,495.98 and $4,510.85, respectively. The metal trades just above the 20-day SMA at $4,062.64, which offers near-term support and hints at ongoing consolidation rather than a clear bullish reversal. Momentum conditions are mixed, with the RSI indicator at 46 and the 14-day Momentum also developing below its midline, suggesting a modest positive bias that has yet to overcome the broader overhead structure.

On the downside, initial support is aligned with the 100-period SMA at $4,067.46, which converges with the 20-day SMA at $4,062.64, ahead of a deeper technical floor at the 20-period SMA near $4,017.34. On the topside, the key resistance to watch is the longer-term 200-period SMA at $4,133.13, and a sustained break above this zone would likely open the way for an extension of the current bullish phase in the metal. Further gains expose the $4,200 mark.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

Yen slide toward recent lows keeps Japan intervention risk in focus

Analysts at Scotiabank highlight that the Yen is “drifting back toward its early July / late June lows,” a renewed bout of weakness that is “likely garnering attention from currency officials at the Ministry of Finance.” They add that they “remain concerned about the possibility of official intervention, or at the very least comments threatening potential action” as USD/JPY grinds higher. From a technical perspective, Scotiabank flags “the importance of its late June high around 162.80” for USD/JPY and “see support at 162.00,” levels that traders are likely to watch closely amid heightened sensitivity to any signals from Japanese authorities.



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21 07, 2026

Coffee prices today, July 21st: Continue to increase, approaching the 99,000 VND/kg mark

By |2026-07-21T17:14:50+03:00July 21, 2026|Forex News, News|0 Comments


Domestic coffee prices today

Coffee prices today in the domestic market continue to increase in key production areas. The average price is recorded at 98,500 VND/kg, an increase of 500 VND/kg compared to the previous update.

In Dak Lak, coffee prices increased by 500 VND/kg, to 98,500 VND/kg. Gia Lai also recorded 98,500 VND/kg, an increase of 500 VND/kg.

In Lam Dong, coffee prices today reached 98,000 VND/kg, an increase of 500 VND/kg. This is the lowest level among the surveyed areas.

The old Dak Nong area recorded a purchase price of 98,500 VND/kg, an increase of 500 VND/kg compared to the previous update.

Thus, domestic coffee prices currently range from 98,000-98,500 VND/kg. The gap between the region with the highest and lowest prices is 500 VND/kg.

The domestic coffee price level has now approached the 99,000 VND/kg mark, after two consecutive increasing sessions.

The USD/VND exchange rate according to Vietcombank is recorded at 26,080 VND/USD.

World coffee prices

According to the updated table on July 21, world coffee prices increased slightly on both the London and New York exchanges.

On the London exchange, the September 2026 Robusta futures contract increased by 7 USD/ton, equivalent to 0.18%, to 3,884 USD/ton.

Robusta futures for November 2026 increased by 22 USD/ton, equivalent to 0.57%, to 3,851 USD/ton.

The January and March 2027 terms increased by 24 USD/ton and 26 USD/ton, respectively, reaching 3,811 USD/ton and 3,776 USD/ton.

The July 2026 Robusta contract reached 3,984 USD/ton, an increase of 7 USD/ton. However, this term has very low trading volume because it is close to maturity, so the September contract reflects the market trend more clearly.

On the New York exchange, Arabica also increased in terms. The September 2026 Arabica futures contract increased by 4.25 US cents/lb, equivalent to 1.33%, to 324.55 US cents/lb.

Arabica futures for December 2026 increased by 5.65 US cents/lb, equivalent to 1.86%, to 309.45 US cents/lb.

The March and May 2027 terms both increased by 5.15 US cents/lb, reaching 302.75 US cents/lb and 300.80 US cents/lb, respectively.

July 2027 futures increased by 5.10 US cents/lb, to 299.60 US cents/lb.

Coffee price assessment

Domestic coffee prices continue to increase and approach the 99,000 VND/kg mark. This development is accompanied by a slight increase in Robusta and Arabica prices in the world market.

In the short term, coffee prices may continue to fluctuate according to developments on the London exchange, New York exchange, USD/VND exchange rate and trading activities of export businesses. The fact that world prices are temporarily sideways in the latest updated table may make the domestic market more cautious in the following sessions.

Regarding the weather, the Central Highlands is currently in the rainy season. According to the National Center for Hydro-Meteorological Forecasting, on the day and night of July 20, the Central Highlands area will be cloudy, sunny during the day; showers and thunderstorms in some places in the evening and at night, with the possibility of tornadoes, lightning and strong gusts of wind during thunderstorms.

Rain in this season can add moisture to coffee trees, but thunderstorms and high humidity also require more attention to garden care, pest and disease prevention, and goods preservation.

From a global supply-demand perspective, the International Coffee Organization (ICO) said that the average ICO aggregate price index in June 2026 reached 248.90 US cents/lb, down 2.8% compared to the previous month. This shows that the international market is still affected by expectations of improved supply.

For Robusta, the Coffee Annual report of the Foreign Agricultural Services Agency of the US Department of Agriculture (USDA/FAS) forecasts that Vietnam’s coffee production in the 2026-2027 crop year will reach 32.5 million bags converted to green beans. The prospect of increased supply is a factor that can curb the upward momentum in the medium term.





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21 07, 2026

UK Stock Market Forecast Today (July 21): FTSE 100 Expected to Slip as Global Market Weakness Weighs on Sentiment– Check Key Stocks to Watch

By |2026-07-21T13:13:55+03:00July 21, 2026|Forex News, News|0 Comments


UK Stock Market Forecast Today (July 21 2026): The UK stock market forecast for today shows a underperforming, cautious outlook, with the benchmark FTSE 100 Index opening down at 10,523.88 points. Investor sentiment is constrained by domestic political changes and escalating geopolitical tensions in the Middle East, leading to a direct rise in the 10-year Gilt yield to 5.03%

The FTSE 100 Index begins the trading week on July 21, 2026, with a cautiously, standing at 10,600.37 points after gaining 0.27% over the week. The index has shown strong resilience compared with technology-focused global markets. However, continued pressure from the escalating U.S.-Iran geopolitical tensions and elevated crude oil prices is keeping global equities under strain. Analysts expect the UK stock market’s defensive structure and exposure to commodity-linked sectors to help it manage near-term market volatility.

UK Stock Market Forecast Today (July 21): FTSE 100 Market Outlook

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The UK’s FTSE 100 is expected to open slightly lower as previous , with futures down about 0.1%, dragged by a global tech selloff and intensifying geopolitical tensions in the Middle East. The index previously hovered around the 10,560 mark, though it continues to outperform regional peers due to its lower exposure to technology stocks. 

FTSE 100 Previous Market Performance

Date Price Open High Low Change %
20-07-2026 10,524.76 10,600.27 10,600.27 10,512.76 -0.71%
17-07-2026 10,600.37 10,572.39 10,623.69 10,527.65 +0.27%
16-07-2026 10,572.24 10,514.96 10,572.24 10,447.55 +0.54%
15-07-2026 10,515.92 10,529.05 10,546.16 10,443.59 -0.13%
14-07-2026 10,529.39 10,498.70 10,552.56 10,422.98 +0.30%
13-07-2026 10,498.29 10,498.05 10,532.10 10,465.00 +0.01%
10-07-2026 10,497.29 10,471.94 10,513.90 10,462.75 +0.24%
09-07-2026 10,472.45 10,487.89 10,539.47 10,397.48 -0.16%
08-07-2026 10,489.04 10,666.09 10,666.09 10,467.01 -1.66%
07-07-2026 10,665.88 10,651.30 10,747.01 10,651.17 +0.13%

Why Could the UK Stock Market Remain Under Pressure Today?

Middle East Tensions Keep Investors Cautious

Investor sentiment is likely to remain subdued as rising tensions in the Middle East continue to create uncertainty across global markets. The geopolitical situation has contributed to higher crude oil prices, which could support energy stocks but also raise concerns about inflation, increased input costs and pressure on business margins.

Weak Global Market Trends Weigh on Sentiment

A lacklustre performance in global equity markets may impact London stocks during today’s trading session. Investors are closely watching economic indicators from major economies, including the US and China, along with corporate earnings reports, to assess the strength of global growth and market conditions.

Inflation and Interest Rate Outlook in Focus

Markets are also keeping a close eye on inflation data and future interest rate expectations. Any guidance from major central banks, especially the Bank of England, regarding monetary policy decisions could play a crucial role in determining investor confidence and the direction of UK equities.

UK Stock Market Key Driver Today

  • Oil Rally Supports Energy Stocks: Energy majors such as Shell and BP are expected to benefit as Brent crude oil prices climbed above $90 per barrel. The ongoing US-Iran conflict and disruptions to shipping through the Strait of Hormuz have boosted oil prices.
  • Political Transition in Focus: Investors are closely watching the new UK government as Labour leader Andy Burnham officially takes office as Prime Minister. Market attention is also on the announcement of his Cabinet, including the expected confirmation of Shabana Mahmood as Chancellor.
  • Defensive Nature of the FTSE: Despite continued weakness in global technology stocks that has weighed on the Nasdaq, the FTSE 100 has remained relatively resilient due to its limited exposure to large-cap technology companies and stronger representation of defensive sectors such as energy, financials, and consumer staples.

Key Factors to Watch in UK Stock Market Today

  • Developments in Middle East geopolitical tensions
  • Brent crude oil price movement
  • Global inflation trends
  • Bank of England interest rate outlook
  • Movement in the British pound against the US dollar
  • Corporate earnings announcements
  • Performance of global equity markets

FTSE Major Indices: Why They Matter

Index Importance
FTSE 100 Tracks the UK’s largest listed companies and global businesses
FTSE 250 Reflects UK-focused mid-cap companies and domestic economic sentiment
FTSE All-Share Represents a broader picture of UK equities
AIM All-Share Covers smaller and growth-oriented companies

UK Stocks to Watch Today

  • Energy Stocks : Companies such as Shell and BP could remain in focus as investors track crude oil prices and developments affecting global energy markets.
  • Banking Stocks: Major lenders may see movement based on interest rate expectations and investor views on economic growth.
  • Mining Companies: Mining stocks could remain sensitive to developments in China’s economy and commodity demand outlook.
  • Housing Sector: Property-related companies may continue to react to changes in borrowing costs and expectations around UK interest rates.

What Should Investors Know?

The UK market is likely to witness headline-driven trading on Friday, with geopolitical developments, economic data and corporate results shaping investor sentiment. While expectations of a stable inflation environment may support hopes of easier monetary policy, uncertainty around global growth and international conflicts remains a key risk factor. Investors are expected to closely monitor FTSE 100 movements, currency trends, oil prices and company-specific developments before taking positions.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should consult a qualified financial advisor before making investment decisions. Stock market investments are subject to market risks.



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20 07, 2026

Platinum price repeats the negative closes– Forecast today – 20-7-2026

By |2026-07-20T21:09:50+03:00July 20, 2026|Forex News, News|0 Comments


 

 

Copper price reached $6.1200 level in Friday, forcing it to provide some sideways trading, due to the contradiction of the main indicators, to obstruct the suggested negative attempts by its fluctuation near $6.2100 level.

 

Reminding that the stability below $6.5100 barrier, besides the attempt of stochastic attempt to provide negative momentum, which makes us keep the bearish corrective scenario, to expect reaching $5.9000 level and surpassing it will make the next target at $5.7800 in the bearish trading.

 

The expected trading range for today is between $5900 and $6.2500

 

Trend forecast: Bearish





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20 07, 2026

Coffee price today 20.7: Approaching 98,000 VND/kg

By |2026-07-20T17:08:28+03:00July 20, 2026|Forex News, News|0 Comments


Domestic coffee prices today

Coffee prices today in the domestic market increased slightly in key production areas. The average price was recorded at 98,000 VND/kg, an increase of 200 VND/kg compared to the previous update.

In Dak Lak, coffee prices increased by 300 VND/kg, reaching 98,000 VND/kg. Gia Lai also recorded an increase of 300 VND/kg, reaching 98,000 VND/kg.

In Lam Dong, coffee prices today reached 97,500 VND/kg, an increase of 300 VND/kg. This is the lowest level among the surveyed areas.

The old Dak Nong area recorded a purchase price of 98,000 VND/kg, an increase of 100 VND/kg compared to the previous update.

Thus, domestic coffee prices currently range from 97,500-98,000 VND/kg. The gap between the region with the highest and lowest prices is 500 VND/kg.

The USD/VND exchange rate according to Vietcombank is recorded at 26,080 VND/USD.

World coffee prices

According to the updated table on July 20, world coffee prices remained unchanged due to no new transactions, with volume in the main terms recorded at 0.

On the London exchange, the September 2026 Robusta futures contract remained at 3,877 USD/ton. The November 2026 futures contract was at 3,829 USD/ton.

Further terms including January 2027 and March 2027 stood at 3,787 USD/ton and 3,750 USD/ton respectively.

Robusta contract in July 2026 reached 3,977 USD/ton. However, this term is close to maturity, so it is not the main reference for market trends.

On the New York floor, Arabica futures in September 2026 remained at 320.30 US cents/lb. The December 2026 term reached 303.80 US cents/lb.

The March and May 2027 terms are at 297.60 US cents/lb and 295.65 US cents/lb, respectively.

Arabica contract for July 2026 reached 328.45 US cents/lb, but volume was low due to near maturity.

Coffee price assessment

Domestic coffee prices continue to rise and maintain close to the 98,000 VND/kg zone. This development shows that the domestic market still maintains a high level after many volatile sessions in July.

In the short term, coffee prices may continue to fluctuate according to developments on the London exchange, New York exchange, USD/VND exchange rate and trading activities of export businesses. The fact that world prices are temporarily sideways in the latest updated table may make the domestic market more cautious in the following sessions.

Regarding weather, the Central Highlands is currently in the rainy season. Rain in this season may add moisture to coffee trees, but thunderstorms and high humidity also make garden care, pest and disease prevention and goods preservation more important.

From a global supply-demand perspective, the International Coffee Organization (ICO) said that the average ICO aggregate price index in June 2026 reached 248.90 US cents/lb, down 2.8% compared to the previous month. This shows that the international market is still affected by expectations of improved supply.

For Robusta, the Coffee Annual report of the Foreign Agricultural Services Agency of the US Department of Agriculture (USDA/FAS) forecasts that Vietnam’s coffee production in the 2026-2027 crop year will reach 32.5 million bags converted to green beans. The prospect of increased supply is a factor that can curb the upward momentum in the medium term.





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20 07, 2026

UK Stock Market Forecast Today (July 20): FTSE 100 May Open Slightly Lower as Investors Weigh Geopolitical Risks, Earnings and Economic Data – Check Key Stocks to Watch

By |2026-07-20T13:06:53+03:00July 20, 2026|Forex News, News|0 Comments


UK Stock Market Forecast Today (July 20 2026):  The FTSE 100 Index is predicted to open slightly lower today, with futures ticking down 0.1% following a weekend dominated by escalating geopolitical friction in the Middle East. Despite global risk-off sentiment, the UK stock market benefits from a heavy weighting in defensive commodities and value-oriented sectors. 

The FTSE 100 Index begins the trading week on July 20, 2026, with a cautiously, standing at 10,600.37 points after gaining 0.27% over the week. The index has shown strong resilience compared with technology-focused global markets. However, continued pressure from the escalating U.S.-Iran geopolitical tensions and elevated crude oil prices is keeping global equities under strain. Analysts expect the UK stock market’s defensive structure and exposure to commodity-linked sectors to help it manage near-term market volatility.

UK Stock Market Forecast Today (July 20): FTSE 100 Market Outlook

The UK’s FTSE 100 is expected to open slightly lower, with futures down about 0.1%, dragged by a global tech selloff and intensifying geopolitical tensions in the Middle East. The index previously hovered around the 10,560 mark, though it continues to outperform regional peers due to its lower exposure to technology stocks. 

FTSE 100 Previous Market Performance

Index Value Change High Low Previous Close
FTSE 100 10,600.37 +28.13 (+0.27%) 10,623.69 10,527.65 10,572.24
FTSE 250 23,604.83 -111.00 (-0.47%) 23,715.98 23,548.05 23,715.83
FTSE 350 5,762.96 +10.75 (+0.19%) 5,775.35 5,726.71 5,752.21
FTSE All-Share 5,699.87 +10.30 (+0.18%) 5,711.94 5,664.40 5,689.57
FTSE AIM UK 50 Index 4,094.32 -39.86 (-0.96%) 4,134.18 4,080.71 4,134.18
FTSE AIM 100 Index 3,509.05 -39.86 (-1.12%) 3,555.26 3,497.25 3,548.91
FTSE AIM All-Share 759.31 -6.87 (-0.90%) 767.24 757.38 766.18

UK Stock Market Key Driver Today

  • Oil Rally Supports Energy Stocks: Energy majors such as Shell and BP are expected to benefit as Brent crude oil prices climbed above $90 per barrel. The ongoing US-Iran conflict and disruptions to shipping through the Strait of Hormuz have boosted oil prices.
  • Political Transition in Focus: Investors are closely watching the new UK government as Labour leader Andy Burnham officially takes office as Prime Minister. Market attention is also on the announcement of his Cabinet, including the expected confirmation of Shabana Mahmood as Chancellor.
  • Defensive Nature of the FTSE: Despite continued weakness in global technology stocks that has weighed on the Nasdaq, the FTSE 100 has remained relatively resilient due to its limited exposure to large-cap technology companies and stronger representation of defensive sectors such as energy, financials, and consumer staples.

Key Factors to Watch in UK Stock Market Today

  • Developments in Middle East geopolitical tensions
  • Brent crude oil price movement
  • Global inflation trends
  • Bank of England interest rate outlook
  • Movement in the British pound against the US dollar
  • Corporate earnings announcements
  • Performance of global equity markets

FTSE Major Indices: Why They Matter

Index Importance
FTSE 100 Tracks the UK’s largest listed companies and global businesses
FTSE 250 Reflects UK-focused mid-cap companies and domestic economic sentiment
FTSE All-Share Represents a broader picture of UK equities
AIM All-Share Covers smaller and growth-oriented companies

UK Stocks to Watch Today

  • Energy Stocks : Companies such as Shell and BP could remain in focus as investors track crude oil prices and developments affecting global energy markets.
  • Banking Stocks: Major lenders may see movement based on interest rate expectations and investor views on economic growth.
  • Mining Companies: Mining stocks could remain sensitive to developments in China’s economy and commodity demand outlook.
  • Housing Sector: Property-related companies may continue to react to changes in borrowing costs and expectations around UK interest rates.

What Should Investors Know?

The UK market is likely to witness headline-driven trading on Friday, with geopolitical developments, economic data and corporate results shaping investor sentiment. While expectations of a stable inflation environment may support hopes of easier monetary policy, uncertainty around global growth and international conflicts remains a key risk factor. Investors are expected to closely monitor FTSE 100 movements, currency trends, oil prices and company-specific developments before taking positions.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should consult a qualified financial advisor before making investment decisions. Stock market investments are subject to market risks.



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20 07, 2026

Crude Oil Price Forecast: Worsening US-Iran Tensions Support Oil Prices Breaking Above $90, Can Brent Crude Return to $100?

By |2026-07-20T09:06:03+03:00July 20, 2026|Forex News, News|0 Comments


TradingKey – As of the Asian session on July 20, Brent crude ( UKOIL) opened higher and moved higher today, attempting to break through the $90 mark during intraday trading, reaching a high of $91.42. WTI crude ( USOIL) also opened higher and moved higher, at one point scaling the $84 high during the session, indicating that international oil prices are strengthening under the impact of the worsening US-Iran situation over the weekend.

From a fundamental perspective, the core driver behind today’s surge in oil prices is the ongoing deterioration of tensions between the US and Iran.

According to the latest reports, the US and Iran continued to escalate their military operations over the weekend, with the US launching strikes against Iranian targets for nine consecutive nights, while Iran retaliated against US and allied targets in the Gulf region. As the scope of the conflict has extended from military facilities to ports, bridges, energy infrastructure, and commercial shipping, market concerns over the stability of Middle East crude exports have rapidly intensified.

The Strait of Hormuz remains a key variable for current oil pricing. The strait is one of the world’s most important transit corridors for crude oil and liquefied natural gas (LNG), accounting for about one-fifth of global oil trade under normal circumstances. Once shipping in the region is disrupted, crude exports from Gulf oil producers, tanker insurance costs, transit times, and global refinery procurement schedules will all be affected. Recently, the US stated it is enforcing a naval blockade against Iranian ports, while Iran declared it will take action against vessels violating its navigation rules. The pressure applied by both sides on shipping traffic has further heightened market anxiety.

According to shipping data, transit through the Strait of Hormuz has slowed down significantly. LSEG data showed that only four vessels passed through the Strait of Hormuz on Sunday, down from eight the previous day, and the number of product tankers passing through the strait recently dropped to its lowest level since May. Although crude exports from Gulf nations had rebounded in the first half of July from June levels, the slowing transit as conflict re-escalates is weakening the bearish impact of the previous supply recovery.

However, the current rise in oil prices is still primarily driven by geopolitical risks rather than a broad improvement in global demand. Oil prices had previously been under pressure due to expectations of OPEC+ output hikes, the recovery of some Gulf exports, and demand-side uncertainties. Even as Brent breaks above $90 today, the market still needs to observe whether sustained disruptions to actual supply occur. If transit through Hormuz is not completely shut down and Gulf oil producers maintain exports through Red Sea ports or alternative routes, the room for further significant upside in oil prices may be limited.

Brent crude oil price daily chart, Source: TradingView

Looking at the daily chart of Brent crude, oil prices found support at the $70 mark during the previous pullback and rebounded strongly on the back of geopolitical tensions. Today, prices briefly broke through the $90 level intraday, indicating that short-term market sentiment is leaning bullish under the influence of geopolitical developments.

Currently, oil prices have rebounded to just below the key resistance level of $91.30. Since this level also lies below the 60-day moving average, creating a confluence of resistance, short-term bullish momentum may weaken. If Brent crude’s closing price can hold steady above $91.30 today, further upside will be unlocked, potentially testing the $98 resistance level or even rising to near $100.

Conversely, if today’s closing price is below $91.30, oil prices may enter a short-term correction. The primary target for the pullback would be to fill today’s gap of $88.27-$89.30 on the downside, and further down, it may test the $85 support level.

This content was translated using AI and reviewed for clarity. It is for informational purposes only.





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