World Stocks Climb and Oil Prices Fall as Markets Anticipate US Inflation Data and Geopolitical Easing

Global stock markets saw gains, while Brent crude futures dropped over 2% below $90 per barrel, as investors reacted to US President Donald Trump's indication that he plans to hold off on new military strikes against Iran. This shift in sentiment, easing some inflation concerns, comes ahead of the crucial US consumer price inflation data for October, which is expected to influence the near-term interest rate outlook.