This content was published on <\/p>\n
August 18, 2025 – 01:38\n<\/p>\n
(Bloomberg) \u2014 Oil dipped as the US-Russia summit ended without any geopolitical escalation, easing concerns of supply disruption. Stocks were set for a tepid start ahead of talks between Donald Trump and Ukraine\u2019s president.<\/p>\n
Brent crude dipped 0.4% in early Asian trading, extending the decline this year to 12%. Futures for the S&P 500 inched up 0.1% while contracts indicated a mild decline for most Asian indexes. A gauge of the dollar was steady.<\/p>\n
The Friday summit meeting between Trump and his Russian counterpart Vladimir Putin ended without any new sanctions on Russia or buyers of its crude, reducing the likelihood of disruptions to oil exports, wrote Tony Sycamore, market strategist at IG Australia Pte. The spotlight for investors will be on Trump\u2019s talks with Volodymyr Zelenskiy in Washington, as they look for clues on where markets head next.<\/p>\n
With expectations already low heading into the Trump-Putin summit, market reaction is likely to be mild \u201cas a lot still rests on Ukraine\u2019s willingness to accept the terms from Russia,\u201d said Jordan Rochester, Head Of Macro Strategy For EMEA at Mizuho Corp. \u201cBut hope is a powerful thing and this outcome will keep the slow grind of higher risk sentiment alive and well.\u201d<\/p>\n
Zelenskiy and his European allies arrive in Washington on Monday anxious to find out what Trump committed to at his summit with Putin and apprehensive that he\u2019ll force Kyiv into making unpalatable concessions.<\/p>\n
While the US is expected to focus on territorial concessions demanded by Russia, Kyiv will seek to pin down possible security guarantees, according to a person familiar with the matter.<\/p>\n
The end result from Friday\u2019s summit is more of the same, as stakeholders look for next steps in resolving the crisis, said Helima Croft, head of commodity strategy at RBC Capital Markets LLC. Attention now could shift back to India and China as the US tries to look for ways to further crimp the Kremlin\u2019s oil revenues.<\/p>\n
\u201cTrump appears to putting on hold any additional sanctions or secondary tariffs on energy,\u201d Croft said.<\/p>\n
On Friday, the S&P 500 ended lower after data showed US consumer sentiment deteriorated for the first time since April and inflation expectations rose.<\/p>\n
This week, traders will be watching Japanese inflation data for guidance on whether the Bank of Japan will hike rates again this year. China\u2019s loan prime rates will also be in focus amid expectations of more stimulus from Beijing to weather Trump\u2019s trade war.<\/p>\n
Elsewhere, traders will also be positioning ahead of the Federal Reserve\u2019s annual retreat at Jackson Hole with Chairman Jerome Powell\u2019s speech keenly watched for guidance on a September rate cut after recent US data.<\/p>\n
\u201cThe Fed will agonize about the labor market data, the level of unemployment, inflation and all that, but they will still cut rates,\u201d Kit Juckes, head of foreign exchange strategy at Societe Generale, wrote in a note to clients.<\/p>\n
Some of the main moves in markets:<\/p>\n
Stocks<\/p>\n
S&P 500 futures rose 0.1% as of 8:27 a.m. Tokyo time Hang Seng futures were little changed S&P\/ASX 200 futures fell 0.6% Currencies<\/p>\n
The Bloomberg Dollar Spot Index was little changed The euro was little changed at $1.1706 The Japanese yen was little changed at 147.30 per dollar The offshore yuan was unchanged at 7.1886 per dollar Cryptocurrencies<\/p>\n
Bitcoin was little changed at $117,637.64 Ether rose 0.4% to $4,490.7 Commodities<\/p>\n
West Texas Intermediate crude fell 0.2% to $62.66 a barrel Spot gold fell 0.3% to $3,326.78 an ounce This story was produced with the assistance of Bloomberg Automation.<\/p>\n
\u2013With assistance from Matthew Burgess, Weilun Soon and Serene Cheong.<\/p>\n
\u00a92025 Bloomberg L.P.<\/p>\n","protected":false},"excerpt":{"rendered":"This content was published on August 18, 2025 – 01:38 (Bloomberg) \u2014 Oil dipped as the US-Russia summit…\n","protected":false},"author":2,"featured_media":76187,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[64,63,99,12354,171,12355],"class_list":["post-76186","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-au","tag-australia","tag-business","tag-business-general","tag-markets","tag-ticker"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/76186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=76186"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/76186\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/76187"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=76186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=76186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=76186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}