đđđź Global Markets Steady as Oil Drops & Fed Looms in Central Bank-Focused Week
đš Summary:
Markets opened quietly amid widespread Asia-Pacific holidays, while oil fell over 2% after OPEC+ announced accelerated production hikes, fueling supply concerns.
Investors are bracing for pivotal Fed and Bank of England meetings, with tariff tensions and U.S. inflation in sharp focus this week.
đš Key Points:
⢠Brent and WTI crude slid more than $1 a barrel after OPEC+ confirmed more output increases.
⢠Berkshire Hathaway faces leadership uncertainty following Buffettâs departure, stirring long-term investor anxiety.
⢠Trumpâs 100% tariff on foreign films hit Netflix, Disney, and Warner Bros. shares in early trading.
⢠Taiwanâs dollar soared 3% to a near 1980s-era record, spurring fresh speculation over Asian currency policy shifts.
⢠U.S. service sector data, earnings reports from major firms, and Treasury auctions headline today's economic events.
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