RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Oil prices continued their upward momentum on Tuesday, supported by optimism over global trade developments and heightened geopolitical tensions. Brent crude futures climbed 0.34% to $70.28 per barrel, while U.S. West Texas Intermediate (WTI) crude rose 0.33% to $66.93 per barrel as of 0000 GMT. Both benchmarks gained over 2% in the previous session, with Brent hitting its highest level since mid-July.
The recent U.S.-EU trade agreement eased fears of a wider trade conflict, imposing a 15% import tariff on most European goods but avoiding a full-scale trade war. Analysts noted this outcome helped stabilize market sentiment and supported expectations for stronger fuel demand.
Adding to the bullish tone, the United States and China signaled potential progress in their tariff truce. Senior economic officials from both nations met in Stockholm for more than five hours on Monday, with talks scheduled to continue Tuesday. Investors are closely watching whether extended negotiations could reduce trade tensions and boost global energy consumption.
Geopolitical risk also drove prices higher after U.S. President Donald Trump issued a fresh deadline for Russia to advance peace efforts in Ukraine. Trump warned that sanctions on Moscow and buyers of Russian oil could follow if no progress is made within “10 or 12 days.”
Market analysts, including ANZ’s Daniel Hynes, highlighted that fears of tighter Russian oil supplies were amplified by the EU’s latest sanctions, which include a lower price cap on Russian crude and restrictions on refined products processed from Moscow’s oil abroad.
Oil traders remain focused on upcoming trade talks and potential sanctions, factors likely to shape near-term market direction amid improving economic activity and ongoing geopolitical uncertainty.
