Oil prices are up around $2 today, despite news from the head of the IEA that further reductions in strategic stocks are being considered. The reduction is, of course, primarily in the United States, where up to 1 million barrels per day is being released to the market!

Oil is making up for losses from the end of last week, despite the fundamentally negative news from the IEA. Nevertheless, the rebound in oil can also be linked to the recovery on EURUSD. Source: xStation5
US Open: Nasdaq, gold and silver surge following... an interest rate hike (17.09.2026)
Chart of the day 🔼 Gold rebounds 1.3% despite hawkish Fed stance (17.09.2026)
📊Daily Summary - Hawkish Fed raises rates and signals more. Dollar gains while gold falls
Hawkish move from the Fed! Warsh takes no prisoners in the fight against inflation. US500 at its lowest since August 3, and gold already below $4,300.