{
  "id": 7205323,
  "title": "Shares slip in Asia as oil climbs, rate hikes loom",
  "url": "https://urgent.news/2026/09/13/shares-slip-in-asia-as-oil-climbs-rate-hikes-loom-7205323",
  "topic": "world",
  "section": "World",
  "published": "2026-09-13T23:30:07.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/09/14/shares-slip-in-asia-as-oil-climbs-rate-hikes-loom"
  },
  "original_language": "en",
  "account": "Asian share markets fell on Monday as oil prices surged and investors anticipated possible interest rate increases from both the US and Japan. Brent crude oil rose 3% following attacks on Saudi oil infrastructure and Yemen's Houthi militants disrupting global energy supplies. A postponed meeting in Oman to discuss opening the Strait of Hormuz raised concerns about further oil price volatility. The US consumer price report on Friday spurred markets to price in an 86% likelihood of a 25 basis point Fed rate hike by Wednesday, with another hike possible by December. JPMorgan's chief US economist Michael Feroli expects the Federal Reserve to hike twice this year, in September and December. Analysts warn that failing to follow through on rate hikes could undermine the Fed's credibility. Brent futures rose 3.1% to $107.84 a barrel, while US crude gained 2.8% to $102.85 a barrel. On Wall Street, S&P 500 futures dropped 0.5%, and Nasdaq futures fell 1.0%. High-yield equity valuations remained stable, with 2-year yields up 26 basis points and 10-year yields adding 19 basis points. Goldman Sachs' chief US equity strategist Ben Snider expects strong corporate earnings to support Wall Street despite rising borrowing costs. The S&P 500 has historically experienced a modest negative return in the months following hikes but typically rebounds strongly over the following year. Markets also suggest a 76% probability of the Bank of Japan raising its cash rate by 0.25%, to 1.25%, at its upcoming meeting. The dollar held steady at 153.77 yen, and the euro remained relatively stable at $1.1600.",
  "summary": "Hot US inflation data pushed markets to price an 86% chance of a 25-basis-point Fed rate hike on Wednesday and another by December.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Shares skid in Asia as oil rises, rate hikes loom",
        "url": "https://urgent.news/2026/09/13/shares-skid-in-asia-as-oil-rises-rate-hikes-loom-7215054",
        "published": "2026-09-13T23:10:00.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Shares slip in Asia as oil climbs, rate hikes loom",
        "url": "https://urgent.news/2026/09/13/shares-slip-in-asia-as-oil-climbs-rate-hikes-loom-7195369",
        "published": "2026-09-13T23:12:27.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Shares slip in Asia as oil climbs, rate hikes loom",
        "url": "https://urgent.news/2026/09/13/shares-slip-in-asia-as-oil-climbs-rate-hikes-loom-7201351",
        "published": "2026-09-13T23:30:07.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Shares slip in Asia as oil climbs, rate hikes loom",
        "url": "https://urgent.news/2026/09/13/shares-slip-in-asia-as-oil-climbs-rate-hikes-loom-7202662",
        "published": "2026-09-13T23:32:17.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Shares slip in Asia as oil climbs, rate hikes loom",
        "url": "https://urgent.news/2026/09/14/shares-slip-in-asia-as-oil-climbs-rate-hikes-loom",
        "published": "2026-09-14T01:52:45.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Shares skid in Asia as oil rises, rate hikes loom",
        "url": "https://urgent.news/2026/09/14/shares-skid-in-asia-as-oil-rises-rate-hikes-loom",
        "published": "2026-09-14T02:55:11.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}