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Brent and WTI are set for a steep weekly drop on de-escalation hopes, yet tanker attacks in the Strait of Hormuz keep a floor under the market, Reuters reports.
1 source · Reuters
Global equities wobbled on Tuesday as investors awaited US midterm election results, while Brent fell amid Middle East talks, per Reuters.
2 sources · Reuters
According to Reuters, the Nasdaq rose 0.83% on Tuesday as AI shares recovered, while Apple lost 1.9% after warning that memory chip costs will keep climbing.
2 sources · Reuters
Emkay Global Financial Services, cited by Moody's, sees oil staying elevated after the November 3 US midterms, keeping pressure on Indian assets.
1 source · Moody's