⛏Brent Crude Oil Futures
BRENT
▲ PositiveSupplyrelevance
Crude oil surged more than 5% this week, indicating a positive price impact.
Impact on assets 1
Others
Asian equity markets traded mixed on Wednesday following overnight losses on Wall Street amid a selloff in chipmakers, while Hong Kong technology stocks rallied and crude oil surged more than 5% this week. Japan's Nikkei fell 0.87% to below 68,100 and the broader Topix Index declined 0.8% to 4,030, though data showed Japan’s current account surplus increased to 3,968.3 billion yen in May 2026 from 3,320.5 billion yen a year earlier. China's Shanghai Composite rose 0.52% to around 3,984 while the Shenzhen Component dropped 1.6% to 14,988, both extending losses for a third consecutive session. Hong Kong's Hang Seng Index rose 1.98% to 23,963, advancing as technology stocks led broad-based gains. South Korea's KOSPI fell nearly 1% to around 7,590, hitting its lowest level in a month, and India's Sensex fell 0.62% to 77,609. Australia's ASX 200 fell 0.54% to 8,688 in morning trade, extending losses for a third consecutive session, while Reserve Bank of Australia Assistant Governor Sarah Hunter noted that local consumer and business confidence has weakened following the recent oil price shock.
Crude oil surged more than 5% this week, indicating a positive price impact.