Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
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 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Asian stock markets moved cautiously on Tuesday, holding within tight ranges as mixed economic signals from China and anticipation of central bank decisions kept investors on edge. Australian shares were flat ahead of the Reserve Bank of Australia’s policy announcement, while broader Asian indexes showed limited momentum despite support from overnight gains on Wall Street’s technology sector. Concerns over a possible U.S. government shutdown and fresh trade tariffs imposed by President Donald Trump on lumber and wood products also weighed on sentiment.
In China, the Shanghai Shenzhen CSI 300 and Shanghai Composite indexes rose less than 0.2%, while Hong Kong’s Hang Seng slipped slightly. Trading activity was muted before the week-long National Day holiday. Government data showed China’s manufacturing activity contracted for a sixth straight month, with service sector growth also slowing. However, private PMI data told a different story, with RatingDog reporting the sharpest manufacturing expansion in six months alongside robust services growth. Analysts note that the persistent weakness in official PMIs could prompt Beijing to roll out additional stimulus, as previous policy support appeared to be losing momentum.
Australia’s ASX 200 index remained largely unchanged, with traders awaiting the RBA’s rate decision. The central bank is expected to keep interest rates at 3.60%, but investors are closely watching Governor Michele Bullock’s comments for clues on future policy shifts. While inflation remains sticky, signs of economic resilience could delay any further rate cuts this year after 75 basis points of easing already delivered.
Elsewhere, Japan’s Nikkei 225 dipped 0.2% while the TOPIX held flat, pressured by yen strength and weaker-than-expected industrial and retail data. India’s Nifty 50 futures pointed to a flat open ahead of the Reserve Bank of India’s decision on Wednesday. South Korea’s KOSPI edged up 0.1%, Singapore’s Straits Times gained 0.2%, though both South Korean industrial and retail figures fell short of forecasts.
