Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
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.
