The three major US stock indexes closed higher Monday, with the S&P 500 and Nasdaq 100 hitting intraday record highs ahead of the Fed's key policy meeting.
Oil prices edged lower Friday after a sharp drop, as supply risks from military conflicts in Europe and the Middle East could not offset broad oversupply.
Oil market sentiment has shifted bearish, with the OPEC+ production increase taking center stage. Brent crude oil prices could decline to $55 per barrel.
On September 11, the Nikkei 225 hit a record high, driven by Fed rate cut expectations, SoftBank's surge, and Berkshire Hathaway's larger stake in Japanese firms.
ECB meets with inflation at 2.1% and core 2.3%; deposit at 2.00%. Hold likely today, with guidance on wages and services steering EUR and Bunds after presser.
China CPI fell 0.4% y/y in August and was flat m/m; PPI eased to −2.9% y/y, spotlighting weak demand, softer yuan risks, and targeted policy signals this week.