Global Markets Navigate Geopolitical Tensions and Central Bank Expectations; South Korean Stocks Advance

Oil Market - Oil prices are steady as global markets react to heightened geopolitical risks, particularly from Russian energy attacks and calls from US President Donald Trump for NATO countries to stop Russian oil imports and impose sanctions [2][9]. South Korean Market - South Korean stocks opened positively, driven by strong gains in the semiconductor industry and optimism regarding potential tax reforms, despite Hyundai Motor Company's shares falling by 3.1% [3][9]. Currency Market - The USD/JPY pair is trading flat near 147.50, while the EUR/USD remains stable above 1.1700, as investors await the Federal Reserve's policy decision amid increasing expectations for rate cuts [4][9]. Geopolitical Developments - NATO expressed concern over reports of a Russian drone violating Romanian airspace, and Poland's Prime Minister accused the Kremlin of inciting anti-Ukraine sentiments [5][9]. Australian Market - GrainCorp (GNC) shares rose following an upgrade in price target by Jefferies, indicating a positive outlook for the company, while ANZ (ANZ) faced warnings from ASIC regarding public trust issues [6][9].