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- Both WTI and Brent crude futures trade higher ahead of the Thursday session, albeit still considerably lower on the week. Both oil benchmarks touched new weekly lows in early European hours but further terse comments from the Israeli Defense Minister Gantz, who reiterated that Israel is prepared to directly engage with Iran on a military footing, should the situation require it.
- Gold and silver are far more sanguine relative to Wednesday's volatility, although the weekly US jobless claims data will be keenly watched for clues ahead of Friday's payrolls release.