Asian and European indices tumbled on Monday, led by a 5.2% plunge in the Nikkei 225. U.S. markets defied the trend as the Nasdaq rose 1.38%, while Brent crude prices surged nearly 8% amid commodity sector volatility.

While fuel costs fall, steep backwardation in oil futures signals upside risk, suggesting investors use relief rallies to raise cash.

Gold and silver are flashing "inner strength," poised to lead as geopolitical risks drive demand for safe-haven assets.