πŸ“Š Market Snapshot

AssetLatestChange
Gold (XAU/USD)$4,341.11-2.37% ↓
WTI Crude Oil$76.35-1.32% ↓
S&P 5007,757.46-0.62% ↓
Dow Jones54,036.52-0.28% ↓

(Friday close; markets closed for the weekend)

πŸ”₯ Key News This Hour

β€’ US Envoys May Visit Russia-Ukraine β€” According to TASS, US Middle East envoy Witkoff and senior Trump advisor Kushner may visit Kyiv and Moscow within the next 7-10 days. If it materializes, this would be a significant signal of US-Russia-Ukraine diplomatic engagement.

β€’ 5.7M Earthquake in Aceh, Indonesia β€” Epicenter 205km northwest of Sabang, depth 10km. No tsunami risk. No casualties reported.

🧭 Situation Assessment

Markets are closed for the weekend. Friday’s close saw US equities pull back modestly across the board, with the S&P 500 settling at 7,757, down 0.62%.

Gold retreated from highs, spot gold at $4,341, down 2.37%, after hitting an intraday peak of $4,371 before profit-taking set in.

Crude oil extended weakness, WTI at $76.35, down 1.32%, as demand-side concerns continue to pressure prices.

The potential Russia-Ukraine visit by US envoys is worth monitoring; any diplomatic progress could impact energy and safe-haven asset pricing.

Monday’s open will be key for US equities β€” the S&P 500 is consolidating in the 7,700-7,800 range; the breakout direction will determine the near-term trend.

⏰ Upcoming Key Data

No major economic data releases over the weekend. Watch for US CPI, PPI and other inflation data next week (exact times pending calendar updates).