Oil: Crude prices are rallying after another round of strong earnings and economic data suggests the economy can still handle the current surge in energy prices. The oil market deficit will only get wider as global stockpiles remain at low levels, unexpected demand comes from colder weather, and on surging jet fuel demand as the US opens up international travel. Gold: Gold was unable to hold onto the $1800 level after a better-than-expected retail sales report and strong round of earnings sent US Treasury yields higher, denting appeal to non-interest-bearing assets. Gold was ripe for profit-taking, but the downward ... (full story)