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CNBC TV18

Asian stocks hold steady as Brent slips 0.4% to $88.86 amid West Asia tensions

AI Market Summary
Asian equities were steady to modestly higher, while Brent eased 0.4% after reaching the highest close since mid-June, reflecting cautious positioning amid ongoing West Asia tensions and renewed inflation sensitivity. With no confirmed supply disruption or new military action, the immediate risk premium appears contained. Near-term focus shifts to upcoming megacap tech earnings for signals on the durability of the AI-led equity rally.
Impact level
● Medium
Affected assets
NCCO1OILBRENT2USD/USDT+2.09%
AI Insight · NCCO1OILBRENT2USD/USDTAI Insight
● Neutral
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Asian markets were little changed as investors stayed cautious amid renewed inflation worries linked to escalating tensions in West Asia, with Brent crude down 0.4% to $88.86 a barrel. Japan’s Nikkei 225 rose 1.4% while South Korea’s Kospi was flat. U.S. equity index futures eased 0.1%. Traders are also watching megacap tech earnings due this week and next week, according to CNBCTV18.com.
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