Europe opens mixed as oil spikes, gold retreats and Paris outperforms on a risk-on start
Executive summary: European markets opened with a split tone, as the FTSE 100 and DAX slipped while the CAC 40 and Euro Stoxx 50 advanced. The biggest cross-asset move was Brent crude’s sharp jump to $85.39, while gold and silver eased, suggesting investors were rotating toward energy exposure and away from some traditional havens. Currency moves were modest, with the euro slightly softer against the dollar and sterling fractionally firmer. [Continue Reading]
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Tokyo and Asia-Pacific close mixed as oil spikes, Korea sells off and Hong Kong rallies
Executive summary: Asia-Pacific trading ended with a sharp split, as a surge in WTI crude to $80.28 lifted energy-linked inflation concerns while South Korea’s Kospi tumbled more than 10%. Hong Kong’s Hang Seng led regional gains, Japan’s Nikkei 225 advanced, and gold and silver retreated as investors rotated toward risk and away from havens. The move set a tense tone for the region, with oil, FX and equity leadership all pointing to a market reacting to geopolitical stress and shifting rate expectations. [Continue Reading]

