Crude oil-linked equities showed strength in the futures market, with energy sector futures contracts gaining momentum. This is largely tied to rising Brent prices and speculation of OPEC supply constraints. Such movements could influence commodity-linked indexes and sector ETF performance. Precious metals have long attracted investors due to a broad mix of factors, ranging from the safe-haven demand spurred by geopolitical tensions to deep-seated anxieties over rising global debt and the ongoing de-dollarization efforts. However, the intensity of the latest price spike seems to be purely the result of macroeconomic forces. Gold ‘s surge of nearly 7% last week came on the back of Friday’s U.S. inflation data, which matched market’s forecasts and reinforced bets that the Federal Reserve (Fed) may continue with interest rate cuts later this year. Data showed that the U.S. Personal Consumption Expenditures (PCE) price index rose 2.7% year-on-year in August, in line with economists’ expectations. Investors now see a 95% probability of a rate cut in October, according to the CME FedWatch Tool [1] . The German 12.5% FOB wheat APM for November loading was assessed at €9 per tonne above the December Euronext contract. No indications were received to disprove the previous assessment. No data was excluded. WTI crude futures contract remained above $80, reinforcing bullish sentiment in oil equities. Momentum indicators point to possible near-term tests of higher technical levels.