Tokyo’s Nikkei index surged Tuesday, regaining ground after a significant drop, as global efforts to stabilize markets gained traction. Major economies are reportedly preparing to tap oil reserves to counter volatility stemming from the Middle East conflict. Japanese Finance Minister Satsuki Katayama indicated G7 energy ministers would convene to discuss reserve releases, offering a glimmer of hope for market stability.Read More
Aluminium prices retreated on Tuesday as investors cashed in profits following U.S. President Donald Trump’s pledge for a swift end to the Middle East conflict. This eased supply concerns, leading to a significant drop in both Shanghai and London Metal Exchange contracts. Despite the current dip, analysts note aluminium remains vulnerable to renewed price surges on any regional supply shock.Read More
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