{
  "id": 7233884,
  "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",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-14T02:55:11.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40439374/shares-skid-in-asia-as-oil-rises-rate-hikes-loom"
  },
  "original_language": "en",
  "account": "Asian share markets dropped on Monday as oil prices surged due to new geopolitical concerns, while investors prepared for potential interest rate increases in both the United States and Japan this week. Brent crude climbed 3% following attacks on a Saudi oil pipeline and strikes on ships in the Gulf. A scheduled meeting in Oman to discuss opening the Strait of Hormuz was postponed due to worries about the disruption to global energy supplies. The situation has led analysts to fear that oil prices could remain high for an extended period, potentially contributing to inflation worldwide. The U.S. consumer price report on Friday, which found prices rising uncomfortably fast, prompted markets to calculate an 86% probability that the Federal Reserve will raise interest rates by 25 basis points on Wednesday, with another possible hike in December. This would be the first increase since mid-2023. Analyst Michael Feroli from JPMorgan expects the Federal Reserve to raise rates twice this year, in September and December. He added that if the Fed's actions do not match its words, the institution's credibility could be harmed. Brent futures reached $107.36 a barrel, while U.S. crude rose to $102.48 a barrel. Japan’s Nikkei fell 1.7%, and South Korea dropped 3.3%. MSCI’s Asia-Pacific index outside Japan lost 0.8%. On Wall Street, S&P 500 futures slipped 0.5%, and Nasdaq futures fell 1.1%. In Europe, EUROSTOXX 50 futures declined 0.5%, while DAX futures fell 0.4% and FTSE futures dipped 0.1%. The 10-year Treasury yields were reported at 4.967%, slightly down from the previous week. Despite last week's steep 26 basis point increase in 2-year yields, the curve showed signs of flattening. Ben Snider, a chief US equity strategist at Goldman Sachs, stated that strong corporate earnings should help Wall Street if interest rates rise. He added that while equities typically suffer during the Fed's rate hikes, the S&P 500 usually experiences a positive return in the year following the first increase. However, markets believe there is a 76% chance that the Bank of Japan will raise its cash rate by a quarter point to 1.25% during its meeting on Friday. The BOJ is also expected to express a hawkish tone for further tightening as it battles a weakening yen, which was helped by market intervention. The dollar was stable at 153.49 yen, having fallen around 4% over the last two weeks from a July peak of 163.99. The euro remained steady at $1.1592, finding support at $1.1570 on Friday. The British pound held steady at $1.3522, awaiting the Bank of England's decision on interest rates for Thursday.",
  "summary": "SYDNEY: Share markets slid in Asia on Monday as supply concerns caused oil prices to spike anew, while investors braced for possible interest rate hikes in both the United States and Japan this week. Brent climbed 3% as new strikes on Saudi Arabia and on ships in the Gulf tested nerves, after an attack on a Saudi oil pipeline and an advance by Yemen’s Houthis threatened to worsen the wartime…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "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"
      }
    ]
  },
  "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."
}