Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details 
Trump Questions USMCA Renewal as Trade Talks Continue 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
Dollar Surges After Fed Holds Rates Steady, Signals Potential Tightening Ahead 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas 
Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Oil prices climbed on Monday as investors balanced escalating geopolitical tensions in the Middle East with lingering uncertainty surrounding Russia–Ukraine peace negotiations, both of which could have major implications for global energy supply. The rebound followed sharp losses at the end of last week, when fears of a global supply glut weighed heavily on the market.
Brent crude futures rose by 56 cents, or nearly 1%, to trade around $61.20 per barrel in early Asian hours, while U.S. West Texas Intermediate (WTI) crude gained 51 cents to approximately $57.25 per barrel. Despite the gains, both benchmarks were coming off more than a 2% drop on Friday, reflecting market caution ahead of diplomatic talks between Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump.
Market analysts noted that the primary driver behind Monday’s oil price increase was renewed concern over geopolitical risks. Over the weekend, Russia and Ukraine reportedly continued targeting each other’s energy infrastructure, raising fears of potential supply disruptions. In addition, tensions in the Middle East have intensified, with Saudi Arabia carrying out air strikes in Yemen and Iran warning it is engaged in what it described as a “full-scale war” involving the U.S., Europe, and Israel. These developments have heightened anxiety over the stability of oil supply routes in the region.
Comments from U.S. President Donald Trump offered some optimism, as he stated that peace negotiations with Ukraine were progressing and that both sides were “getting very close” to an agreement. However, both leaders acknowledged that key issues, particularly territorial control over the Donbas region, remain unresolved. Analysts cautioned that without a concrete breakthrough, uncertainty will continue to influence oil markets.
Looking ahead, WTI crude is expected to trade within a $55 to $60 range. Investors are also monitoring U.S. enforcement actions against Venezuelan oil shipments and potential fallout from U.S. military strikes against ISIS targets in Nigeria, a country producing roughly 1.5 million barrels of oil per day. Together, these factors suggest oil prices will remain sensitive to geopolitical headlines in the near term.
