Web Trader MT5 
Oil prices declined sharply on Wednesday, with Brent falling below $99 and WTI near $89, after comments from President Donald Trump suggesting ongoing U.S.–Iran negotiations and a potential path toward de-escalation.
The drop followed reports that the U.S. had proposed a plan to end the conflict, though Iran denied direct talks and uncertainty remains over whether the proposal will be accepted.
The U.S. dollar weakened slightly, further supporting gold prices. Gold prices rebounded strongly on Wednesday, rising around 2–4% to near $4,590, supported by a decline in oil prices and easing inflation concerns.
In Asia, markets rallied on Wednesday, led by South Korea’s Kospi rise of more than 2% Gains were broad across the region, with Japan, Australia, Hong Kong, and China all moving higher.
Meanwhile, U.S. stock futures also rose, though Wall Street had ended the previous session slightly lower. Overall, improving hopes of de-escalation in the Middle East helped boost global risk appetite.
The gains come despite a weaker prior session, as markets reacted to mixed signals on negotiations, with Iran denying direct talks.
In the Forex market, EURUSD rose toward 1.1630 as the euro gained on wesker dollar. Optimism around diplomacy supported the pair, though ongoing conflict and military escalation continue to limit upside by sustaining safe-haven demand for the dollar.
Meanwhile, the ECB kept rates unchanged, but rising inflation driven by energy prices has led markets to price in possible rate hikes in the coming months, offering additional support to the euro.
Tags
Open Live Account
Please enter a valid country
No results found
No results found
Please enter a valid email
Please enter a valid verification code
1. 8-16 characters + numbers (0-9) 2. blend of letters (A-Z, a-z) 3. special characters (e.g, !a#S%^&)
Please enter the correct format
Please tick the checkbox to proceed
Please tick the checkbox to proceed
Important Notice
STARTRADER does not accept any applications from Australian residents.
To comply with regulatory requirements, clicking the button will redirect you to the STARTRADER website operated by STARTRADER PRIME GLOBAL PTY LTD (ABN 65 156 005 668), an authorized Australian Financial Services Licence holder (AFSL no. 421210) regulated by the Australian Securities and Investments Commission.
CONTINUEImportant Notice for Residents of the United Arab Emirates
In alignment with local regulatory requirements, individuals residing in the United Arab Emirates are requested to proceed via our dedicated regional platform at startrader.ae, which is operated by STARTRADER Global Financial Consultation & Financial Analysis L.L.C.. This entity is licensed by the UAE Capital Market Authority (CMA) under License No. 20200000241, and is authorised to introduce financial services and promote financial products in the UAE.
Please click the "Continue" button below to be redirected.
CONTINUEError! Please try again.
