Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
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 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
Oil prices continued their upward momentum on Tuesday, supported by optimism over global trade developments and heightened geopolitical tensions. Brent crude futures climbed 0.34% to $70.28 per barrel, while U.S. West Texas Intermediate (WTI) crude rose 0.33% to $66.93 per barrel as of 0000 GMT. Both benchmarks gained over 2% in the previous session, with Brent hitting its highest level since mid-July.
The recent U.S.-EU trade agreement eased fears of a wider trade conflict, imposing a 15% import tariff on most European goods but avoiding a full-scale trade war. Analysts noted this outcome helped stabilize market sentiment and supported expectations for stronger fuel demand.
Adding to the bullish tone, the United States and China signaled potential progress in their tariff truce. Senior economic officials from both nations met in Stockholm for more than five hours on Monday, with talks scheduled to continue Tuesday. Investors are closely watching whether extended negotiations could reduce trade tensions and boost global energy consumption.
Geopolitical risk also drove prices higher after U.S. President Donald Trump issued a fresh deadline for Russia to advance peace efforts in Ukraine. Trump warned that sanctions on Moscow and buyers of Russian oil could follow if no progress is made within “10 or 12 days.”
Market analysts, including ANZ’s Daniel Hynes, highlighted that fears of tighter Russian oil supplies were amplified by the EU’s latest sanctions, which include a lower price cap on Russian crude and restrictions on refined products processed from Moscow’s oil abroad.
Oil traders remain focused on upcoming trade talks and potential sanctions, factors likely to shape near-term market direction amid improving economic activity and ongoing geopolitical uncertainty.
