InvestingLive Asia-Pacific market news: KOSDAQ leaps close to 5% as AI rebounds, oil firms
Three reasons Goldman has added another Fed tightening move to its forecast, higher and higher!Morgan Stanley's Wilson: correction in final phase, three reasons oil can fall into 2027Asia midday: Nikkei up for third day, KOSDAQ surges 5% as AI equities reboundCoreWeave stock surges almost 13%…
In this article
In the latest oil prices update, Three reasons Goldman has added another Fed tightening move to its forecast, higher and higher!Morgan Stanley's Wilson: correction in final phase, three reasons oil can fall into 2027Asia midday: Nikkei up for third day, KOSDAQ surges 5% as AI equities reboundCoreWeave stock surges almost 13% after earnings, according to investingLive. Brent crude climbed roughly 1% and WTI picked up close to 1%.
Key points
- The Hang Seng dropped roughly 0.9% to about 24,330, and the Shanghai Composite eased roughly 0.2%.
- SK Hynix leapt roughly 5.5% and Samsung Electronics picked up about 3%, lifting the KOSPI roughly 1.9% to near 5,340.
- Aramco's East-West pipeline had been targeted in the Medina region, with no revealed impact on operations.
What happened: Oil prices
Aramco's East-West pipeline had been targeted in the Medina region, with no revealed impact on operations, Saudi Arabia's Energy Ministry stated on Monday. SK Hynix leapt roughly 5.5% and Samsung Electronics picked up about 3%, lifting the KOSPI roughly 1.9% to near 5,340. The Hang Seng dropped roughly 0.9% to about 24,330, and the Shanghai Composite eased roughly 0.2%.
Why traders are watching oil prices
Oil prices affect inflation, company costs and the currencies of major producers and importers. Moves in crude often spill over into the Canadian dollar, Norwegian krone and energy stocks.
Supply decisions, inventory data and geopolitical risks can move crude quickly, and higher energy prices can complicate the job of central banks fighting inflation.
Market reaction and data
Crypto prices at the time of writing, from Binance spot data (2026-11-11 05:11 UTC):
| Asset | Last price (USDT) | 24h change | 24h high | 24h low |
|---|---|---|---|---|
| Bitcoin (BTC) | 73,726.00 | -1.51% | 74,996.01 | 72,727.27 |
| Ethereum (ETH) | 2,063.44 | -2.94% | 2,132.07 | 2,006.00 |
| Cardano (ADA) | 0.1748 | -2.29% | 0.1798 | 0.1702 |
On the currency side, the latest ECB daily reference rates (2026-11-10) show EUR/USD 1.1214, GBP/USD 1.3423, AUD/USD 0.6904, NZD/USD 0.5628, USD/JPY 158.18, USD/CHF 0.8207, USD/CAD 1.4136, USD/CNY 6.6703. These are reference fixes, not live quotes.
What to watch next for oil prices
Watch for OPEC+ supply decisions, weekly inventory reports, demand signals from major economies and any geopolitical developments in producing regions.
Key scheduled releases on the economic calendar:
- GBP GDP m/m on Thu Nov 12, 07:00 UTC, forecast 0.0%, previous 0.1%
- USD Core PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.3%, previous 0.7%
- USD PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.4%, previous 1.3%
Follow every update in our Top 10 Forex News Today, read Asia midday: Nikkei up for third day, KOSDAQ surges 5% as AI equities rebound or see all of today's top market news.
FAQ
What is the latest oil prices news?
Three reasons Goldman has added another Fed tightening move to its forecast, higher and higher!Morgan Stanley's Wilson: correction in final phase, three reasons oil can fall into 2027Asia midday: Nikkei up for third day, KOSDAQ surges 5% as AI equities…
What drives oil prices?
Crude prices depend on supply from OPEC+ and other producers, global demand, inventory levels and geopolitical risk in key producing regions.
Where does this information come from?
This report is based on coverage from investingLive, checked against market data where available. It is a summary for information only and not investment advice.
Risk warning: This article is for information only and is not investment advice. Trading forex, CFDs, stocks and crypto carries a high risk of losing money. Prices move fast – check live quotes before you trade.
