Rabobank’s RaboResearch Global Economics & Markets team notes that Brent Oil has fallen 5% again despite ongoing Middle East tensions, underscoring a pattern of repeated price pullbacks.
DBS Group Research economists Radhika Rao and Chua Han Teng highlight that ASEAN-6 economies are experiencing asymmetric inflation outcomes despite a common energy shock. Indonesia and Malaysia show relatively contained inflation, while Thailand, Vietnam and Philippines face higher readings.
BNY’s Bob Savage highlights that South American equities are being driven by commodity inflows, with energy holdings sharply above historical averages as investors use the region as a hedge against war-related supply shocks.