Copper futures are challenging a significant resistance zone around $6.58, a pivotal level that could determine whether the current downtrend continues or a bullish reversal begins.
Brent crude oil has entered a correction after hitting a parabolic peak of $117.45, with prices now testing a key technical support confluence around the $109 level.
Gold has fallen below the key $4,000 psychological level, with technical indicators pointing to a strong downtrend, though oversold conditions suggest a potential for a short-term bounce.
London Gas Oil is trading within a narrowing symmetrical triangle pattern, with key technical indicators pointing to market indecision and the potential for a significant price move as momentum wanes.
A Russian air campaign targeting critical infrastructure has repeatedly struck key bridges in Kyiv, severing vital transport links across the Dnipro River and causing significant economic and logistical disruption for the capital's residents.
David Rivera, a former Republican representative from Florida, has been sentenced to a decade in prison for secretly lobbying on behalf of Venezuela's government and failing to register as a foreign agent.
The International Energy Agency will release 100 million barrels of oil and fuel from its emergency stockpiles in a coordinated effort to lower global energy prices, according to Executive Director Fatih Birol.
Chicago wheat futures traded near multi-week lows as the impact of a strengthening U.S. dollar overshadowed signs of fresh import demand. Corn and soybean futures also declined amid expectations of ample supply from the ongoing U.S. harvest.
The number of active oil and gas rigs in the United States fell by one to 598 this week, the first decline in six weeks, according to the latest data from Baker Hughes.
