Brent Oil Price Forecast Goldman Sachs has lifted its 2026 oil price forecast, now seeing Brent crude averaging $85 a barrel and WTI at $79, as disruptions in the Strait of Hormuz keep energy markets on edge. Image: Goldman Sachs Global Investment Research
Gold Price Gold is trading lower in part because higher inflation risk is keeping interest rates higher for longer, which hurts non‑yielding assets like gold even amid volatility and geopolitical stress. Image: MarketDesk Research
Monthly Brent Oil Price Oil prices face greater upside than downside risk in the near term, with Brent likely to stay elevated if disruptions persist. Given how slowly such issues tend to ease, the balance of risk points higher for now. Image: Goldman Sachs Global Investment Research
Fed Funds Rate vs. Gasoline Price / Core CPI When gasoline prices rise faster than inflation and move in step with growth, the Fed tends to lift rates. But what is the determining factor this time: strong demand or deep strain? It’s clearly the latter. Image: TS Lombard
Oil Price Fair Value Oil is trading 56% above its estimated medium‑term fair value. Apart from the 2022 shock peak, the market has rarely looked this overbought, leaving room for downside if conditions normalize. Image: Deutsche Bank Asset Allocation
Oil Price vs. U.S. 10-Year Breakeven Inflation Rate Spikes in oil prices typically push up headline inflation, but the effect on inflation expectations, especially at longer horizons, is limited and usually short-lived. Energy shocks often fade faster than people expect. Image: Deutsche Bank Asset Allocation
Valuations – S&P 500 P/E vs. U.S. ISM Manufacturing Prices Paid (Leading Indicator) When manufacturing costs climb, equities usually feel it later. Higher input prices work their way into the S&P 500’s P/E ratio with a lag, showing up in valuations roughly a year down the road. Image: Bloomberg
Price Performance of Gold Before and After the Start of Armed Conflicts When conflict breaks out in the Middle East, gold typically shines as a tactical safe haven, with prices jumping as traders add a geopolitical risk premium. Image: J.P. Morgan Commodities Research
Effect of a 10% Increase in Oil Prices on Inflation A 10% rise in crude oil prices would add modestly to headline inflation over the year. But if higher prices persist, the inflation effect would linger and growth would take a bigger hit. Image: Goldman Sachs Global Investment Research
S&P 500 Price Reaction to Previous Military Escalations The headlines may be dramatic, but the market impact is likely to be muted. U.S. equities wobble at first, then settle once investors refocus on fundamentals. In the end, short-term jitters rarely outweigh strong fundamentals. Image: Deutsche Bank Research
U.S. Consumer Confidence in Higher Stock Prices vs. S&P 500 Trailing Valuations Confidence in future stock gains is fueling higher valuations, with investors paying up for growth they believe will last. But that conviction could prove fragile if those expectations falter. Image: Real Investment Advice