Asia Market Movers: Australia NAB business conditions +6 vs +1 prior

Thursday, 23 Oct, 2025 News Australia NAB business conditions +6 vs +1 prior Prior was +1 Confidence +2 vs 0 prior This index fell to a post-pandemic low in May but has recovered back to May 2024 levels since. The quarterly Australia NAB Quarterly Business Survey offers a deta News Canada's Carney: The decades-long process of economic integration with the US is over Canadian Prime Minister Mark Carney is delivering a major speech ahead of his first budget to be The US has fundamentally changed its approach to trade It's not a smooth transition, it's a rupture The Learn more Commodities WTI crude oil climbs back above $60 as Trump sanctions Russian oil companies US President Donald Trump may be strengthening his tactics in an effort to end the war in Ukraine, sanctions that truly bite Russian oil production. Today he announced sanctions on Russia's two large Stocks United Rentals stock plunges on earnings but the macro indications are good United Rentals shares are down 7.7% after hours and normally that's a terrible sign for the real economy but I'd argue against that take today. Shares have plunged to $925 from $990 at the close at $1 Stocks Tesla shares drop 5.6% after earnings Shares of Tesla fell on earnings and have continued lower so far during the conference call. The company warned about "near-term uncertainty" on sales and profits but said there were long-term growth News Trump says sanctions will hopefully make Putin 'reasonable' Says whenever he speaks with Putin they are good conversations but don't go anywhere Says it didn't feel right to have a meeting with Putin, so he cancelled it Oil prices rose 3.7% today in their best News Trump: Long meeting scheduled with Xi. Thinks something will work out. Long meeting scheduled with China's Xi in South Korea and thinks something will work out Says it did not feel right to have a meeting with Russia's Putin, so he canceled it, and felt it was time for R News US Treas: Imposing sanctions on Russia related oil OFAC (Office of Foreign Assets Control) is designating a number of Russia based Rosneft and Lukoil subsidiaries All entities owned 50% or more, directly or indirectly, by Rosneft and Lukoil are blocke Learn more News investingLive Americas FX news wrap 22 Oct. Concerns about Russia & China weigh on markets Trump debunks WSJ article on USA approval of Ukraine use of long-range missiles US indices close lower as the NASDAQ and Russell 2000 continue to slump US Treasury Secretary Bessent: Substantial picku

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