Pro Ultr Bloomberg Crude Oil

Brent Crude Settles Above $100 for Third Straight Session

TRUMP WARNs OF POSSIBLE MINES IN STRAIT OF HORMUZ

AMPLITECH GROUP INC. USD0.001 S/R 20/11/26 SER B

InMed Pharmaceuticals

NextNRG

Amesite

Meiwu Tech

AMPLITECH GROUP INC. COM USD0.001 (S/R 18/07/2026)

Generation Income Properties

CN Energy

MetaVia

QUARTZSEA ACQUISITION CORP ORD USD0.0001 (18/02/2030) (S/R)

CRAK

Global inflation is surging due to an energy shock from the Iran war, which has disrupted 20% of global oil and LNG flows. U.S. wages increased by 3.6%, but prices rose by 3.8%, ending real income gains. This rising inflation has shifted central bank expectations from rate cuts to potential hikes, complicating global monetary policy.

- The Iran war has disrupted 20% of global oil and LNG flows, resulting in an unprecedented energy supply shock.  
- In the U.S., wages increased by 3.6%, but prices rose by 3.8%, eliminating a three-year period of real income growth.  
- This scenario has caused a shift in central bank expectations from potential rate cuts to possible hikes, complicating global monetary policy.

Occidental Petroleum

SPDR O&G Ex & Prd

VanEck Oil Services ETF

Sprott JR Gold Miners ETF

YieldMax Gold Miners Opt Inc Strgy ETF

iShares MSCI Global Gold Miners

Direxion Daily Gold Miners Bull 2X

VanEck Junior Gold Miners ETF

Us Gbl GLD & Met

iShares Gold Trust

Us Brent Oil

SPDR Energy Select

VanEck Oil Refiners ETF

GLOBAL X Gold Explorers

VG Energy

SPDR Gold Minishares

VanEck Gold Miners ETF

United States Oil Fund LP

Sprott GLD Miners Etf

Abrdn Gold ETF Trust

Pro Ultr GLD

SPDR O&G Equip

iShares US Oil & Gas Expl & Prod

iShares US Oil Equip & Svcs

Roundhill Gold Miners Weeklypay ETF

Global inflation surges as energy shock reshapes outlook

UK regular pay grew 3.4% year-on-year in early 2026, meeting expectations amid rising inflation risks from higher energy prices. The Federal Reserve raised its 2026 inflation forecast to 2.7%, the largest increase in recent cycles, influenced by oil market disruptions. Additionally, U.S. crude releases have reduced the Strategic Petroleum Reserve below 300 million barrels as global inventories sharply declined.

- UK regular pay increased by 3.4% year-on-year in early 2026, meeting expectations as policymakers monitor inflation risks related to rising energy prices.  
- The Federal Reserve raised its 2026 inflation forecast to 2.7%, marking the largest upward revision in recent cycles due to disruptions in the oil market.  
- U.S. crude releases have reduced the Strategic Petroleum Reserve to below 300 million barrels amid a significant decline in global inventories during March and April.

ISHRS S&P Glb Engy

UK wage growth steady as oil shocks fuel inflation risks

Cleveland Fed projects May inflation at 4.18%, with Q2 CPI annualizing at 6.89%, the highest in three years. The Iran war's impact has led to soaring oil prices, causing U.S. gas prices to rise rapidly. As a result, hopes for rate cuts in 2026 have diminished, with potential hikes anticipated under new Fed Chair Kevin Warsh.

- The Cleveland Fed projects May inflation at 4.18%, with the Q2 CPI annualizing at 6.89%, marking a three-year high.  
- The Iran war has closed the Strait of Hormuz, causing oil prices to rise significantly and leading to the fastest increase in U.S. gas prices in 30 years.  
- This inflation surge diminishes hopes for rate cuts in 2026, with potential interest rate hikes anticipated under the new Fed Chair Kevin Warsh.

Fed's May inflation forecast spikes, rate cuts unlikely in 2026

RBA Assistant Governor Sarah Hunter will address inflation and the Middle East conflict at the Bloomberg Forum in Sydney. Her speech will focus on energy-driven price pressures and the impact of elevated oil prices on the Australian economy. Markets are expected to scrutinize her remarks for indications of how geopolitical risks may influence inflation and interest rates, particularly following three consecutive rate hikes by the RBA. Hunter's address signals the Bank's concern over persistent inflation and its implications for future monetary policy.

- Reserve Bank of Australia’s Assistant Governor Sarah Hunter will address the impact of inflation and the Middle East conflict at a Bloomberg investment forum in Sydney.  
- The speech comes after three consecutive interest rate hikes of 25 basis points, reflecting the RBA's concerns over persistent inflation driven by geopolitical factors.  
- The market will closely watch for indications that the RBA views conflict-driven oil prices as a lasting inflation factor, impacting consumer prices and future rate decisions.

Investinglive

RBA to address inflation risk from Middle East conflict at Sydney forum. Hunter no dove.

Japan's GDP grew 2.1% annualized in Q1, exceeding the 1.7% forecast, driven by consumption, investment, and exports. However, the closure of the Strait of Hormuz has disrupted 20% of global oil supply, leading to rising fuel prices and inflation risks. The Bank of Japan may consider a rate hike in June due to increasing import costs affecting inflation and corporate profits.

- Japan's GDP grew 2.1% annualized in Q1, exceeding the 1.7% forecast, driven by increased consumption, investment, and exports.  
- The closure of the Strait of Hormuz has impacted 20% of global oil supply, causing fuel prices to rise and heightening inflation risks.  
- In response to escalating import costs affecting inflation and corporate profits, the Bank of Japan is considering a rate hike in June.

Invesco DB Multi Sector Comm TR Oil Fd ETF

Japan’s Q1 growth beats forecasts but energy shock looms

.DJI

U.S. Futures Index indicates a lower opening for Wall Street on Monday, with Dow futures down 157 points. President Trump's threats against Iran continue to impact investor sentiment, contributing to a spike in oil prices above $110 per barrel. Asian markets closed broadly lower, while European shares are mostly higher. The Housing Market Index for May will be released at 10:00 am ET, with expectations set at 34.

rttnews

Dow Jones Industrial Average

SPDR Djia

Futures Point To Lower Open For Wall Street

UBS has reactivated its Global Supply Chain Stress Index due to alarming signals in global logistics, with stress rising at the fastest pace since the early pandemic. The index jumped significantly in March and April, prompting concerns over disruptions from the Middle East conflict. Analysts warn that continued blockage of the Strait of Hormuz could lead to severe global trade impacts and a potential oil shortage, while rising yields may negatively affect equities.

ZeroHedge

UBS Group AG

JPMorgan Chase

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

UBS Reactivates Supply-Chain Stress Watch After Detecting Alarmingly Rapid Deterioration

FANG

Yesterday's close, Diamondback Energy's stock price rose by 1.01%, showing a steady upward trend with a bullish close. The short-term moving average system maintains an upward trajectory, with the 5-day and 10-day moving averages in a bullish arrangement. The MACD daily line confirms a bullish signal above the zero axis, indicating that the medium-term upward trend remains intact, with buying pressure continuing to accumulate at the current price level. The trading volume was approximately $313 million, with moderate performance, showing a steady inflow of funds without signs of impatient chasing. On the news front, the oil and gas exploration and production sector is enjoying performance dividends from high oil prices. Brent crude has broken through $110, while WTI remains above $100. The tight supply situation in the oil market is unlikely to ease in the short term due to the dual effects of geopolitical tensions in the Middle East and OPEC+ production controls. Although Trump announced a delay in military action against Iran, he also clearly stated that a full-scale strike would be launched if negotiations fail, making uncertainty a significant supporting factor for oil prices. As a leading producer in the Permian Basin, Diamondback Energy's cash flow generation ability in a high oil price environment is highly recognized by the market. Its peer, Devon Energy (DVN), also saw a slight increase of 0.38% yesterday. From a technical perspective, the stock price is running steadily above the short-term moving averages, facing a pressure test at previous high points. Although the trading volume is moderate, the sustained bullish candles over several days indicate insufficient bearish strength, with bulls gradually digesting the pressure above. The Energy Sector ETF (XLE) rose by 1.92% yesterday, showing good sector linkage effects. The short-term trend is biased towards bullish, with high oil prices and technical bullish signals resonating together

Technical Forecast

Diamondback Energy

Devon Energy

Pre-market trend | Diamondback Energy (FANG) 5/18 Oil prices support at high levels, bulls steadily advancing?

.SPX

US equity futures fell as investors reacted to President Trump's remarks on Iran, with the S&P 500 down 0.4%, Dow Jones down 0.2%, and Nasdaq down 0.7%. Trump postponed a military strike on Iran but warned of a potential large-scale assault if negotiations fail. Crude oil prices also dropped, and Treasury yields decreased. EU officials are set to finalize trade deal legislation with the US, while Home Depot shares rose after positive earnings.

Fidelity

S&P 500

Home Depot

NASDAQ Composite Index

iShares US Home Construction

SPDR S&P Homebuilders

Direxion Homebuilder & Supp Bull 3X

Keysight Tech

Stocks Down Pre-Bell as Investors Assess Trump's Latest Iran Remarks

GOLD

Wall Street is expected to open lower as U.S. futures indicate declines across major indices. Oil prices have eased following the U.S. postponement of a planned attack on Iran. Gold prices fell towards $4,550 an ounce. Economic data on Housing Starts and Permits will be released soon, with consensus estimates suggesting a slight decrease from last year. Asian markets showed mixed results, with China's index rising while Japan's markets closed lower.

Pro Ultr Bloomberg Crude Oil(UCO.US)