Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on 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 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Oil prices rose slightly in Asian trade on Friday but are set for a muted weekly finish as concerns over slowing U.S. demand and rising supply weighed on the market. Brent crude futures for November inched up 0.1% to $67.53 a barrel, while West Texas Intermediate (WTI) crude climbed 0.1% to $63.31. Both benchmarks gained around 1% for the week, reflecting mixed signals on global demand and supply outlook.
A stronger U.S. dollar—rebounding from three-year lows despite the Federal Reserve cutting interest rates—limited oil’s upside. The Fed signaled further rate cuts ahead, which could support long-term demand, but markets remained cautious as the U.S. labor market showed signs of cooling. Seasonal weakness in fuel consumption during the winter also raised doubts about sustained demand.
Geopolitical risks added volatility, with tensions between Russia and Ukraine fueling speculation about potential supply disruptions. However, optimism was tempered by fresh inventory data showing a sharp rise in U.S. distillate stockpiles, raising fears of weaker consumption.
On the supply side, Kazakhstan resumed exports through the Baku-Tbilsi-Ceyhan (BTC) pipeline after resolving contamination issues. This key route boosts Kazakhstan’s ability to export oil independently of Russia. Meanwhile, Nigeria lifted emergency rule in Rivers State, a vital oil hub previously plagued by militant attacks on pipelines. The move is expected to stabilize production and exports.
Market attention also turned to possible U.S. sanctions targeting Russian oil and its buyers, after President Donald Trump acknowledged difficulties in ceasefire negotiations. Traders are balancing risks of disrupted supply against concerns of oversupply in coming quarters.
Overall, crude prices remain rangebound as investors weigh slowing U.S. demand, rising inventories, stronger dollar pressures, and shifting global supply dynamics.
