Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today
Over the weekend, all the world was a stage — in many ways.
In Tokyo, Sanae Takaichi took pole position in Japan’s political Grand Prix, becoming the ruling Liberal Democratic Party’s first female leader and likely the country’s next prime minister.
Her stance as a disciple of “Abenomics,” which advocates for a mix of government spending and monetary stimulus, may have investors already bracing for a twist in the Bank of Japan’s rate hike trajectory.
Meanwhile, the OPEC+ bloc hit the gas pedal with a modest increase of 137,000 barrels per day starting November. The move, aimed at reclaiming market share, left Brent futures hovering around $65 a barrel.
