Risk-on sentiment grows as oil prices drop, Fed hints at rate cuts

From Investing.com: 2025-06-25 04:11:00

Geopolitical tensions eased as Israel and Iran honored ceasefire deal brokered by US President Trump. Oil prices dropped by -15.3% to US$66.05/barrel, erasing geopolitical premium. Fed Chair Powell’s dovish remarks hinted at possible rate cuts as early as July, reinforcing risk-on sentiment. US stock indices surged, with the Nasdaq up 1.9%. The US Dollar Index fell -0.4% to 97.97, nearing a critical support level of 97.40. Gold stabilized at the 50-day moving average of US$3,300, supported by a weaker US dollar and softer long-term Treasury yields. Gold may see a minor recovery if it clears resistance at US$3,346.



Read more at Investing.com: Risk-On Sentiment Builds as Oil Retreats and and Fed Turns Dovish