Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut 
Holiday Economic Questions: What Bank of America Says You Should Expect 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Trump Meets Mexico and Canada Leaders After 2026 World Cup Draw Amid USMCA Tensions 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook 
U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut 
Brent crude futures edged higher in early Asian trading on Monday, rising 0.6% as geopolitical tensions escalated. The uptick came after the United States vowed to continue military strikes against Yemen’s Houthis until they halt attacks on commercial shipping routes.
The recent U.S. airstrikes, the largest Middle East military operation since President Donald Trump took office, have already resulted in at least 53 casualties, according to Yemen’s Houthi-run health ministry. A U.S. official told Reuters that the campaign could extend for weeks as Washington seeks to protect global trade routes.
The Houthi-led disruptions have significantly impacted global commerce, forcing the U.S. military into costly operations to intercept missiles and drones targeting shipping vessels. As a result, Brent crude prices saw a 40-cent increase, trading at $70.98 per barrel at 2208 GMT on Monday.
The ongoing conflict in the Middle East, a crucial region for oil supply, has raised concerns over potential supply chain disruptions. Investors and analysts are closely monitoring the situation, as prolonged instability could push crude prices even higher in the coming weeks.
Oil traders remain cautious as geopolitical risks grow, with the possibility of extended U.S. military actions fueling uncertainty in global markets. Market analysts anticipate further fluctuations in oil prices depending on the conflict’s progression and its broader impact on energy security.
With rising tensions in the Red Sea region, the oil market remains volatile, and energy traders are bracing for potential price swings driven by further developments in U.S. military operations and Houthi responses. The coming days will be critical in determining the extent of the disruption and its effect on global crude prices.
