Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
China’s Small Bank Consolidation Struggles as Profits Fall and Risks Persist 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Oil prices slipped in Asian trading early Tuesday as investors weighed geopolitical risks and the possibility of tighter sanctions on Russian energy exports. Brent crude futures for November delivery fell 0.3% to $66.36 per barrel, while West Texas Intermediate (WTI) dropped 0.3% to $62.10. Both benchmarks also ended slightly lower on Monday after Iraq announced higher oil exports under its OPEC+ quota, sparking concerns of oversupply.
Geopolitical tensions remain a major factor. Israeli airstrikes on Gaza intensified, forcing hospital closures and drawing global condemnation. At the United Nations, a coalition of nations pushed for official recognition of a Palestinian state, heightening Middle East uncertainty. The region remains critical, supplying around one-third of global crude oil.
Meanwhile, Ukraine has escalated drone attacks on Russian energy facilities, damaging refineries and disrupting terminal operations earlier this month. These strikes exposed vulnerabilities in Russia’s export infrastructure, raising doubts about whether it can sustain current output levels.
On the sanctions front, the European Union is finalizing a new package targeting Russia’s energy trade. The measures are expected to restrict liquefied natural gas imports and penalize intermediaries in third countries aiding Russian exports. Washington is also urging allies to impose higher tariffs on Chinese and Indian goods due to their continued purchases of Russian crude. If enforced, these steps could disrupt global supply chains and energy flows.
Despite these supply-side risks, demand concerns continue to weigh on oil markets, limiting price gains. Investors remain cautious, balancing the threat of tighter supplies against persistent uncertainty about global economic growth.
