Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Asian Stocks Slip as Oracle Earnings Miss Sparks AI Profitability Concerns 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
ASX Shares Slide After ASIC Imposes A$150 Million Capital Requirement 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
Oil prices rose in Asian trading on Tuesday, building on strong gains from the previous session as geopolitical risks signaled potential supply disruptions. Brent crude futures increased 0.8% to $65.17 a barrel, while West Texas Intermediate (WTI) gained 0.9% to $62.04 by 01:19 GMT.
The rally follows heightened tensions in several key regions. Uncertainty over the U.S.-Iran nuclear deal added to market jitters. While reports suggested Washington might permit limited uranium enrichment, President Donald Trump firmly denied such allowances, creating further friction with Tehran. A finalized nuclear agreement would likely lift sanctions on Iranian oil exports, boosting global supply. However, continued disagreements may delay any return of Iranian crude to international markets.
In Canada, wildfires in Alberta—an oil-rich province—threaten to curb output, compounding concerns about global supply tightness. Meanwhile, OPEC+ reaffirmed plans to increase production, aligning with market expectations but doing little to ease long-term supply fears.
Adding to the geopolitical strain, a Ukrainian drone strike deep inside Russian territory raised the risk of further disruptions to energy flows. Simultaneously, the U.S. is reportedly considering tougher sanctions on Russia's oil sector, this time aimed at buyers such as China and India. With Russia demanding territorial concessions from Ukraine and peace talks stalling, the prospects for a ceasefire remain slim. President Trump’s renewed calls for peace were largely dismissed by Moscow, increasing the likelihood of deeper sanctions.
The combination of supply-side risks—from stalled Iran talks, Canadian wildfires, and escalating Russia-Ukraine conflict—has created a bullish outlook for oil, keeping prices elevated amid a volatile geopolitical landscape. Traders continue to monitor these developments closely for their impact on global crude supply and energy markets.
