Oil falls on geopolitical relief ahead of big week of data & earnings | MarketTalk: What’s up today? | Swissquote
Crude oil kicked off the week with a more than 4% slump after Israel attacked the Iranian military facilities over the weekend. Not helping: the Chinese industrial profits fell 3.5% from January to September versus a meagre 0.5% printed a month earlier.
In Japan, the market mood is not mixed. The country’s long-ruling coalition lost its majority at the weekend election, rising the political and economic uncertainty in the country and making the Bank of Japan’s (BoJ) rate normalization path blurrier.
In Europe, energy and mining-heavy FTSE futures are slightly in the negative at the time of writing, but the...