Brent crude slipped toward 64 dollars, pressured by a third straight increase in US inventories and evidence of growing global supply. At the same time, incoming US sanctions on Rosneft and Lukoil disrupted buying patterns in Asia and tightened Europe’s diesel market.

Gold eased ahead of major US data releases, while silver gained support from safety-driven flows as tech stocks and cryptocurrencies came under renewed selling pressure.

The euro hovered near 1.16 dollars as markets monitored delayed US labor figures and fresh ECB remarks, with upgraded Eurozone growth expectations offering only modest support. Sterling drifted toward 1.316 dollars amid uncertainty surrounding the upcoming UK budget, despite stronger deficit projections from the OBR.

Take a look at today's market analysis for more updates!