Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
Oil prices climbed in early Asian trading on Monday, trimming last week’s losses as OPEC+ agreed to raise production at a slower pace starting in October, reflecting expectations of weaker global demand.
Brent crude rose 34 cents, or 0.5%, to $65.84 a barrel by 0047 GMT, while U.S. West Texas Intermediate (WTI) gained 30 cents, or 0.5%, to $62.17. Both benchmarks had dropped more than 2% on Friday following a disappointing U.S. jobs report, finishing the week down over 3%.
OPEC+, which includes the Organization of the Petroleum Exporting Countries and allies such as Russia, decided to increase production by only 137,000 barrels per day (bpd) from October. This is significantly below the monthly hikes of around 555,000 bpd in August and September and 411,000 bpd in June and July. Analysts said the smaller increase signals caution as the market faces the risk of oversupply heading into the winter.
“The oil market rebounded slightly, supported by relief over OPEC+’s modest output hike and a technical bounce following last week’s decline,” said Toshitaka Tazawa, analyst at Fujitomi Securities. He added that potential new U.S. sanctions on Russia could tighten supply, but downside pressure remains as OPEC+ continues gradual increases.
Meanwhile, geopolitical tensions escalated as Russia launched its largest air assault since the start of the war in Ukraine, striking central Kyiv and killing at least four people, including an infant. U.S. President Donald Trump said European leaders would meet with him this week to discuss the crisis, expressing optimism about a resolution despite growing violence.
The European Union remains committed to phasing out Russian oil imports by 2028, its energy chief confirmed, noting no pressure from Washington to accelerate the timeline.
