Global Markets Brace for Geopolitical Shifts and Economic Data

Key TakeawaysU.S. sanctions threaten to strand 48 million barrels of Russian crude oil at sea, as India and China hesitate to purchase due to fears of secondary penalties, signaling escalating geopolitical tensions in energy markets.Japan's National CPI for October met expectations at 3.0% year-over-year, indicating stable inflation, while Australia's S&P/ASX 200 Index experienced a significant early trade decline of 1.9%.Bitcoin's price outlook remains bearish, with increasing odds of the cryptocurrency fa ...