Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Oil Prices Hold Steady as Markets Track Ukraine Peace Talks and U.S. Rate Decision 
Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
Silver Prices Surge to New Record Above $60 as Supply Concerns and Fed Expectations Boost Demand 
U.S.-Indonesia Trade Deal Faces Uncertainty as Jakarta Reconsiders Key Commitments 
Asian Stocks Slip as Oracle Earnings Miss Sparks AI Profitability Concerns 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
Wall Street Futures Steady as Markets Await Fed Decision; Nvidia Gains on China Chip Sales Approval 
Asian Currencies Hold Steady as Traders Await Fed Decision; Aussie Dollar Edges Higher 
RBA Holds Rates but Warns of Rising Inflation Pressures 
Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker 
Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
U.S. Economic Outlook 2026: Growth Seen Strengthening as Fiscal Support Ramps Up 
Oil Prices Dip as Markets Watch Ukraine Peace Talks and U.S. Rate Decision 
Wall Street Futures Slip as Oracle Earnings Miss Reignites AI Spending Concerns 
Oil prices jumped in Asian trading on Tuesday, rebounding from a four-year low driven by demand concerns and rising global supply. Brent crude futures climbed 1.3% to $61.04 per barrel, while West Texas Intermediate (WTI) rose 1.4% to $57.54.
The recovery comes despite ongoing pressure from the U.S.-China trade war, which has significantly weakened global oil demand. Although both nations have hinted at renewed trade talks, no concrete progress has been made, keeping market sentiment cautious. Recent economic data from both countries—including slowing Chinese services growth and a surprise U.S. GDP contraction—have further fueled concerns about reduced energy consumption.
Adding to the market’s instability, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced steeper-than-expected production increases over the weekend. Saudi Arabia is set to lead efforts to unwind more than two years of output cuts, with member states pushing to boost exports and offset price declines.
Meanwhile, U.S. shale production may have reached its peak. Diamondback Energy (NASDAQ:FANG), a key player in the Permian Basin, warned that American onshore oil output has likely peaked and will decline this quarter. The company cited unprofitable price levels and slashed its 2025 production and capital expenditure forecasts, contradicting recent calls from President Trump to ramp up energy production.
With oil supply rising and demand outlook weakening, markets remain volatile. While Tuesday’s price bounce offered some relief, analysts caution that structural challenges in global demand and U.S. output could keep oil prices under pressure in the near term.
