European Stocks Rise as Markets Await Key U.S. Inflation Data 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
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 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Oil prices climbed nearly 2% in Asian trading on Monday, recovering from sharp losses last week after U.S. President Donald Trump signaled a more conciliatory approach toward China. The rebound follows heightened market anxiety over escalating trade tensions that had weighed heavily on global demand forecasts.
As of 21:58 ET (01:58 GMT), Brent crude futures for December delivery rose 1.7% to $63.78 per barrel, while West Texas Intermediate (WTI) crude gained 1.8% to $59.95. Both benchmarks had plunged almost 4% to five-month lows on Friday after Trump announced plans to impose an additional 100% tariff on Chinese imports, sparking fears of slower economic growth and weaker oil consumption.
Over the weekend, however, Trump struck a more reassuring tone on Truth Social, stating, “Don’t worry about China, it will all be fine,” and emphasizing that the U.S. aims to “help China, not hurt it.” His remarks fueled optimism that trade negotiations could continue, easing investor jitters and supporting a modest recovery across commodities.
Despite the rebound, analysts caution that the outlook remains fragile. A ceasefire between Israel and Hamas, brokered by Trump, has helped reduce geopolitical risk in the Middle East—traditionally a bullish factor for oil prices. However, the relief was tempered by persistent concerns over oversupply. The U.S. Energy Information Administration (EIA) recently raised its 2025 crude production forecast to a record 13.53 million barrels per day, underscoring expectations of robust U.S. output growth.
Meanwhile, OPEC+ continues its gradual production increases, with plans to raise output by about 137,000 barrels per day in November. The group’s move reflects a balancing act between maintaining price stability and preventing a global supply glut that could cap further price gains.
