Oil Prices Stabilize After Weekly Gains Amid Anticipation of Iran’s Response: Oil prices stabilized after achieving their first weekly gains since early July,
as the market awaits Iran’s response to the assassination of a Hamas leader in Tehran last month.

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Asian stocks
Oil prices
European Central Bank

Asian Stocks Rise at the Start of a Data-Heavy Week

The regional stock index rose on Monday, following a 1.5% gain on Friday,
as indices in Australia, Taiwan, and South Korea climbed.
Stocks in Hong Kong fluctuated, while those on the mainland remained relatively unchanged.
The Japanese markets were closed today due to a holiday.

Oil Prices Stabilize After Weekly Gains Amid Anticipation of Iran’s Response

Oil prices stabilized after achieving their first weekly gains since early July,

as the market awaits Iran’s response to the assassination of a Hamas leader in Tehran last month.

Brent crude is trading below $80 per barrel after rising by about 4% last week,
while West Texas Intermediate crude neared $77.
Over the weekend, Tehran confirmed its intention to punish Israel for the killing of Hamas’ political leader,
with state media reporting that an Iranian army missile unit is conducting exercises near the Iraqi border.

The European Central Bank to Cut Interest Rates Six Times by the End of 2025

Economists expect the European Central Bank to cut the deposit rate
once every three months until the end of next year,
signaling an earlier end to the easing cycle than previously anticipated.

A Bloomberg survey showed that the benchmark interest rate will reach 2.25%
in December 2025 after six consecutive quarter-point cuts.
This compares to previous expectations that this level would only be reached in the second quarter of 2026.

Oil Prices Stabilize After Weekly Gains Amid Anticipation of Iran’s Response

Oil Prices Stabilize After Weekly Gains Amid Anticipation of Iran&#8217;s Response

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Oil Prices Stabilize After Weekly Gains Amid Anticipation of Iran’s Response