Silver prices climbed Tuesday; XAG/USD reached $89.34/oz, up 2.66%, amid shifting gold-silver ratio dynamics.
USD/INR rebounded near 92.20 as rupee pressure from oil, risk aversion met RBI support; USD eased.
WTI hovered near $85.50 as Hormuz closure disrupted supply; Trump suggested escorts, sanctions waivers; IEA weighed reserves.
EUR/USD held 1.1500 as oil shock lifted G10 rates; narrowing swap spreads may support euro, resistance 1.1650.
Italy’s producer price index rose 1.5% month-on-month in January, reversing December’s -0.7% decline.
Italy’s PPI fell to -1.6% in January year-on-year, down 0.2 points from December’s -1.4%.
KOSPI surges despite Iran-war volatility; oil above $100 and heavyweight stocks drive wild swings, valuations attractive.
Brent surged then eased as Trump hinted Iran conflict resolution, sanctions waiver, escorts; G7 pledged energy support.
Dollar weakens as Trump calms Middle East fears; oil retreats, yield spreads shift, risking reversal of gains.
Germany’s exports fell in January, imports slid sharply, boosting surplus, as tariffs and China weakness weigh.
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