WTI crude oil prices climbed 2% on Wednesday after API reported a surprisingly large draw in crude stockpiles. EU and NATO leaders will meet on Thursday to discuss further responses to the Ukraine .
The Dow Jones Industrial Average pulled back on Monday as investors weighed hawkish comments from Fed Chair Powell that helped Treasury yields surge. Stocks in Japan may lead the rest of APAC higher.
WTI crude oil prices extended a four-day rally as EU countries consider banning Russian oil imports to punish Moscow for its invasion of Ukraine. An attack on Saudi Arabia’s refinery facilities boo.
Gold prices rebounded mildly after falling 3.4% last week as investors weighed lingering geopolitical risks from the Ukraine war. Gold ETFs saw large net inflows over the past few weeks.
Wall Street equities closed broadly higher on Friday amid a rally in tech shares. The Hang Seng Index may extend higher as Chinese ADRs soared during the US trading session. APAC stocks look set to.