Asian Markets Consolidate Gains as Japan GDP Disappoints and Fed Rate Cut Bets Rise 
RBA Signals Further Interest Rate Hikes if Inflation Persists, Says Governor Michele Bullock 
BOJ Governor Ueda Meets PM Takaichi as Markets Eye Possible Rate Hike 
Yen Surges After Takaichi Election Win as Markets Eye U.S. Inflation Data 
U.S. Stocks End Mixed as January CPI Cools, Treasury Yields Slide 
UK House Prices Hold Steady in February as Rightmove Reports Post-Budget Market Stability 
ECB Expands Euro Liquidity Backstop to Strengthen Global Role of the Euro 
Fed Governor Stephen Miran Warns Tight Monetary Policy Threatens U.S. Economic Growth 
Asian Currencies Slip as Dollar Stabilizes Ahead of U.S. CPI Data 
U.S. Inflation Cools in January as Gas Prices Fall, Core CPI Signals Sticky Price Pressures 
Japan GDP Growth Slows Sharply in Q4 2025 Amid Weak Business Spending and Trade Tensions 
Oil Prices Edge Higher as US-Iran Tensions and Strong Payroll Data Shape Market Sentiment 
Ukraine Secures $8.2 Billion IMF Loan as Tax Conditions Are Eased 
Japan Signals Openness to Gradual BOJ Rate Hikes as Deflation Era Ends 
Gold Prices Steady as Markets Await Key U.S. Inflation Data 
Asian Stocks Hit Record High as Strong U.S. Jobs Data Tempers Fed Rate Cut Hopes 
Oil prices traded in a narrow range on Monday as investors closely monitored upcoming Iran-U.S. nuclear talks and weighed the potential impact on global crude supply. Concerns that escalating tensions between Washington and Tehran could disrupt oil flows helped support prices, while expectations that OPEC+ may resume output increases from April capped gains.
Brent crude futures slipped 3 cents to $67.72 per barrel by 0156 GMT after finishing 23 cents higher in the previous session. U.S. West Texas Intermediate (WTI) crude fell 3 cents to $62.86 per barrel. There was no WTI settlement on Monday due to a U.S. holiday. Last week, both oil benchmarks recorded declines, with Brent crude down roughly 0.5% and WTI losing about 1%, as renewed optimism over a potential diplomatic breakthrough pressured prices.
Market sentiment shifted after U.S. President Donald Trump suggested that Washington could reach a deal with Iran within the next month. The two countries recently resumed negotiations aimed at resolving their long-standing dispute over Iran’s nuclear program and avoiding further military escalation. A second round of talks is scheduled to take place in Geneva on Tuesday.
An Iranian diplomat indicated that Tehran is pursuing a nuclear agreement that could unlock economic benefits, including energy and mining investments and potential aircraft purchases. However, analysts remain cautious. IG market analyst Tony Sycamore noted that expectations for a swift agreement are low, warning that the current stability in crude oil prices may represent a temporary pause in volatility.
Meanwhile, geopolitical risks remain elevated. The United States has deployed a second aircraft carrier to the region, preparing for potential military action if negotiations fail. Iran’s Revolutionary Guards have warned of retaliation against U.S. military bases in the event of an attack.
At the same time, OPEC+ is reportedly leaning toward resuming oil output hikes from April after a three-month pause to meet anticipated peak summer demand. Analysts suggest that without the geopolitical risk premium tied to Iran-U.S. tensions, WTI crude could be trading below $60 per barrel. Global trading activity is expected to remain subdued due to public holidays in China, South Korea, and Taiwan.
