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Pre-London: Brent eases from Friday's peak, Ifo ahead of Fed week

October 26, 2026 · 2 min read · Pardip Bansal

Pre-London: Brent eases from Friday's peak, Ifo ahead of Fed week

  • Overnight: Japan leading index 118.0, in line; PBoC fix 6.7162 vs 6.6691 expected; Moody's holds France at Aa3, negative outlook; Lula re-elected in Brazil, Bolsonaro seeks annulment

FO view: Oil is cooling as Gulf diplomacy opens in Tehran, but with four central bank decisions and the UK Budget ahead, markets are in wait mode.

Not investment advice.

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