Precious metals slip as volatile oil keeps inflation and rate worries alive

After 102 past neutral macro events, WTI moved a median -0.1% over 5 sessions (49% higher; middle half -3.3% to +2.5%), and +1.8% over 20.

• Oct 17, 2022Oil steady as recession woes counter positive Chinese signals-0.7%
• Feb 2, 2022Record euro zone inflation piles pressure on ECB | Reuters+1.3%
• Mar 15, 2022Hedge funds slash oil positions amid extreme volatility+8.7%
• Oct 17, 2022Canadian dollar gains as investors weigh high inflation expectations - The Globe and Mail-0.7%
• Oct 26, 2026Rupee falls for third straight session, ends at 95.19 as oil prices and importer demand weigh-3.2%

After 54 past neutral macro events, BRENT moved a median +0.4% over 5 sessions (57% higher; middle half -2.8% to +2.5%), and +0.6% over 20.

• Oct 17, 2022Oil steady as recession woes counter positive Chinese signals+0.8%
• Mar 15, 2022Hedge funds slash oil positions amid extreme volatility+9.5%
• Jan 4, 2024Oil prices remain volatile amid uncertainty arising from geopolitical conflict-0.1%
• Dec 31, 2024Baht, oil prices expected to face volatility in 2025: NESDC+4.2%
• Jun 23, 2026ASX 200 LIVE: ASX ends higher after CPI keeps RBA rate rise in play for August, AUD falls below US69¢ to 11-week low-6.7%