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Stocks trade cautiously in Asia, Brent off six-month top

SYDNEY: Stock markets traded cautiously on Monday as oil eased from six-month highs ahead of a week packed with central bank meetings and corporate earnings that will ​further test investor confidence in the AI boom. Brent oil slipped 1.6% to $114.88 following reports that Qatari mediators were in Tehran on Sunday as part of an ‌effort to de-escalate regional tensions in coordination with the US. Brent futures jumped 6.2% last week to their highest weekly close since mid-2022 as Houthi attacks i

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Originally published byBusiness Recorder 1h ago · brecorder.com
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