
Oil Market Softens Ahead of OPEC+ Meeting as Sanction Risks Fade"
PEC+ is scheduled to meet this weekend, with the expectation that the group will agree on an output hike for December

PEC+ is scheduled to meet this weekend, with the expectation that the group will agree on an output hike for December

The Reserve Bank of Australia is expected to hold rates steady. Other highlights of the week include key data on China, Japan, South Korea, Taiwan and the Philippines

Taiwan's export growth has been rather dependent on demand from the US. Fortunately, the tariff hikes in August do not appear to be having a significant impact on Taiwan's exports to the US, at least not yet

The Australian dollar is coming off its best week since July, with gains of close to 1%. In Monday's European session, AUD/USD is trading at 0.6589, down 0.07% on the day.

Strong global demand for AI boosted Korean exports in August while clearer signs of negative impact of US tariffs emerged. Looking forward, fiscal policy is likely to support growth in 2026, mitigating weak external demand and tariff shocks

Tesla shares surged after this year's steep decline following reports the Trump administration is likely to exclude a set of sector-specific tariffs while applying reciprocal levies on April 2. Traders also took advantage of the near 40% decline in the stock so far this year to buy into the EV maker.







