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Oil rose in early Asian trade Wednesday amid Middle East conflict uncertainty, after a $5 drop earlier this week to the lowest since early October.
China's A50 index was flat Tuesday as disappointing data revealed a decline in September consumer inflation and deeper producer price deflation.
The euro was flat on Monday after ECB chief Lagarde hinted at a rate cut this month, following two cuts this year amid economic weakness.
Oil futures had their largest gain in over a year last week and are on track for another increase, despite a strong dollar and active options trading.
The Nikkei 225 index advanced on Friday, regaining most of August's losses, while Chinese stocks lost some of their luster.
Chinese stocks steadied Thursday after a sell-off, with analysts noting future momentum will depend more on fiscal policy than on monetary support.
US stocks rallied on Friday as investor confidence in a soft landing grew. The escalating Middle East conflict may shift funds from Europe to the US.
China's A50 lost momentum after the National Day holiday, and the Hang Seng index fell over 10%, signaling trouble for FOMO buyers.
Gold stayed below its September peak as US Treasury yields rose after strong jobs data, with emerging market central banks' purchases at a March low.
Wall Street is bullish on the pound, expecting it to hit 1.35 by year-end and 1.40 in 12 months, though some investors are neutral on sustainability.
Oil prices edged up Thursday as investors evaluated the impact of the escalating Middle East conflict against a well-supplied global market.
Money managers are trading Latin American assets, seeking winners as major economies diverge after the Fed's first rate cut in four years.
Japan's Nikkei rose 1.5% after a 4.8% drop Monday, as investors reacted to Shigeru Ishiba, viewed as a monetary policy hawk, becoming prime minister.
Analysts stayed bullish on Asian currencies, especially the Malaysian ringgit and Thai baht, as the US dollar weakened on dovish Fed expectations.
The China A50 is set for its best week since 2008, pushing Asian shares to 2.5-year highs, while falling oil prices support global disinflation.