Commodity Watch — Jun 8, 2026, 12:00 UTC

Transcript

Welcome to Commodity Watch on rawfin.tv. Markets are gripped by extreme fear today. Our Fear Greed Index registers a stark 8. Geopolitical tensions are the undeniable driver. Oil surged dramatically after Iran's strikes on Israel. This sent shockwaves through Asian markets. While Saudi Arabia later cut July prices for Asia global benchmarks remain near multi-decade highs. This signals persistent tight supply. Gold our ultimate safe haven shows resilience. It sits at 5 006.7 down only 0.03 . This slight dip belies deep market unease. While specific agricultural commodity data isn't in our feed global food security faces immense pressure. Rising energy costs impact planting and transport. Geopolitical instability threatens vital supply chains. UK firms are halting hiring a recent REC survey indicates. This reflects broad economic caution. The S P 500 fell 2.64 . The NASDAQ dropped 4.18 . These sharp declines underscore how deeply world events shape our markets. Geopolitics is the new market mover.