European gas prices have surged more than a third this month, weighing on the euro, while Japan’s services inflation reached 3.7%, strengthening the case for a December BOJ hike. The dollar remains supported by expectations of tighter US monetary policy.

Brent slipped below $115 as diplomatic talks involving Iran, Saudi Arabia, Pakistan and Turkey raised hopes of easing regional tensions. Crude shipments have also recovered to near prewar levels, although continued fighting involving the Houthis and reports of Iranian support for Hezbollah leave supply disruptions a possibility. 

Check out today's market updates.