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Delayed 15 min · 13:01 GMT

FLASH

Central banks' super week: Fed, ECB, BoJ seen holding; Canada may hike Moody’s spares France a downgrade as 10-year yield tops 5% Oil slips from six-month highs as Qatar mediates in Tehran China’s Fifth Plenum opens as AI exports mask weak home demand Lula wins, Brazil markets brace for shock sell-off; Tokyo Brazil ETF plunges ~15% Brazil votes today: Lula faces Flávio Bolsonaro in runoff Fed, ECB, BoJ Rate Decisions This Week: Holds Expected, December in Focus Oil is pricing in the next round of war. Brent tops $116 as Iran tensions drag Wall Street lower Global money is bidding for India's biggest growth stories while leaving India’s index

Central banks' super week: Fed, ECB, BoJ seen holding; Canada may hike Moody’s spares France a downgrade as 10-year yield tops 5% Oil slips from six-month highs as Qatar mediates in Tehran China’s Fifth Plenum opens as AI exports mask weak home demand Lula wins, Brazil markets brace for shock sell-off; Tokyo Brazil ETF plunges ~15% Brazil votes today: Lula faces Flávio Bolsonaro in runoff Fed, ECB, BoJ Rate Decisions This Week: Holds Expected, December in Focus Oil is pricing in the next round of war. Brent tops $116 as Iran tensions drag Wall Street lower Global money is bidding for India's biggest growth stories while leaving India’s index

Industries

$112 oil piles onto bond and tech jitters; global stocks slide

Indexes fell across Asia, Europe and India, and China’s CSI 300 slipped into a bear market.

News | 22 October 2026

$112 oil piles onto bond and tech jitters; global stocks slide

Markets were already nervous. Oil made it worse.

Bond yields were climbing, with France’s 10-year above 5% and US yields around 5.1%, and investors were questioning whether the AI spending boom will pay off.

Then Brent jumped above $112.

Asia took the biggest hit: the Kospi slid 3.5%, the Hang Seng 3% and the Nikkei 2.7%, with chipmakers like SK Hynix and Tokyo Electron among the biggest losers. India’s Nifty dropped more than 1%. China’s CSI 300 is now 20% below its June peak, a bear market.

Europe’s STOXX 600 fell nearly 1%, and US futures point lower. Oil didn’t cause the sell-off on its own, but it turned existing worries into a broad retreat.