Core Viewpoint - The decision by OPEC+ to increase production in December, along with weak U.S. manufacturing data, has reinforced investors' perceptions of a short-term oversupply in the global oil market, leading to a decline in international oil prices [1]. Group 1 - As of the close on Tuesday, December light crude oil futures on the New York Mercantile Exchange settled at $60.56 per barrel, reflecting a decrease of 0.8% [1]. - January Brent crude oil futures closed at $64.44 per barrel, showing a decline of 0.69% [1].

Group 1 - The Federal Reserve's latest Beige Book report indicates price increases related to tariffs across all Federal Reserve districts from mid-July to the end of August [1] - The Dow Jones Industrial Average fell by 0.05%, while the S&P 500 rose by 0.51% and the Nasdaq increased by 1.02% at market close [1] Group 2 - Recent data shows that U.S. job vacancies in July were below expectations, suggesting a slowdown in hiring, which reinforces market expectations for a Federal Reserve rate cut in September [3] - International gold prices rose over 1%, reaching a record closing high, with December gold futures closing at $3,635.5 per ounce, up 1.21% [3] Group 3 - In Europe, a surge in investment-grade bond issuances has led to rising yields and falling prices for corporate and government bonds, prompting some funds to shift towards equities for profit [5] - The three major European stock indices collectively rose, with the UK market up 0.67%, France up 0.86%, and Germany up 0.46% at market close [5][6] Group 4 - Market sources indicate that OPEC+ is planning to announce an increase in production capacity starting in October during an upcoming oil policy meeting, which may exacerbate the global oversupply of crude oil [8] - OPEC+ has increased daily oil production capacity by a total of 2.2 million barrels from April to September this year to capture market share [8] - International oil prices fell significantly, with light crude oil futures for October closing at $63.97 per barrel, down 2.47%, and November Brent crude futures at $67.60 per barrel, down 2.23% [8]