Global Markets Mixed as Oil Prices Stabilize after U.S. Stock Rally

In early trading, France's CAC 40 rose by 0.3% to 8,097.99, while Germany's DAX increased by 0.2% to 25,464.53. Britain's FTSE 100 also gained 0.3%, reaching 10,725.57. Conversely, U.S. futures indicated a decline, with Dow futures dipping 0.3% to 51,992.00 and S&P 500 futures down 0.4% to 7,770.75.

In Asia, Japan's Nikkei 225 fell by 0.7% to 65,877.62. Australia's S&P/ASX 200 rose 0.2% to 8,679.70, while South Korea's Kospi saw a significant drop of 2.7% to 6,889.74. Hong Kong's Hang Seng increased by 0.5% to 24,642.51, contrasting with a 1.7% decline in the Shanghai Composite, which closed at 3,823.62.

In the energy market, benchmark U.S. crude prices rose by 3.41% to $95.56 a barrel, and Brent crude, the international standard, increased by 3.73% to $108.21 a barrel. Last week, Brent oil prices had briefly dropped to around $97, with volatility driven by uncertainty over the impact of the Iran conflict on oil supply, particularly through the Strait of Hormuz.

In currency trading, the U.S. dollar weakened against the Japanese yen, falling to 156.93 from 157.19. The euro declined slightly to $1.1377 from $1.1393. Analysts are focusing on upcoming inflation indicators to gauge whether global central banks will maintain a hawkish stance, while shares of AI companies remain in the spotlight due to strong earnings despite concerns voiced by various prominent figures about the technology.