Goldman Sachs raises its 2026 Q4 Brent oil forecast by USD 6 to USD 60/bbl
Goldman Sachs' upward revision of its Q4 2026 Brent oil forecast by USD 6 to USD 60/bbl suggests stronger demand expectations or tighter supply forecasts in the medium term.
Japan is mining for deep sea rare earths to combat China's chokehold, according to FT
South Korea's Industry Minister says chips are not subject to Trump's new tariffs and noted uncertainty regarding US tariffs refund
Goldman Sachs raises its 2026 Q4 Brent oil forecast by USD 6 to USD 60/bbl
South Korean Embassy in Iran advised Korean nationals to leave Iran amid increasing tensions over a possible US military strike on Tehran, according to Yonhap
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Hon Hai (2317 TT) and India-based HCL Group held a groundbreaking ceremony for their JV semiconductor facility in India on Saturday; Taiwan markets reopen following the Chinese New Year holiday closure
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This update may indicate a more bullish outlook for oil prices, which could influence inflation expectations and the performance of oil-sensitive currencies, particularly the CAD and NOK. Traders should monitor broader market reactions as this adjustment might impact energy sectors and commodity currencies.
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