World Markets Daily In Brief

World Markets Daily News – In Brief- Thursday 10/03/2022

1842 views

. SYDNEY MORNING HERALD (AUSTRALIA)

ASX closes 1.1% higher, Rio exits Russia, RBA’s Debelle goes to Fortescue

The ASX 200 was up 0.8% at noon to 7109.1 despite the energy sector facing its worst performance since January as oil prices dropped on hints OPEC might pump more oil into global markets

. MINT (INDIA)

Indian share markets trade firm with the Sensex up

Asian share markets are sharply higher today with traders tracking a surge across US and European markets as bargain-buyers stepped in following a Ukraine-fueled rout.

. RTT NEWS (USA)

European Shares Seen Opening Mixed After Strong Rally

European stocks are seen opening mixed on Thursday, after having rallied sharply the previous day on easing worries over the Russia-Ukraine conflict

. CNBC (USA)

Stock futures dip after S&P 500′s best one-day rally since 2020

Stock futures were mildly lower in early morning trading Thursday after the major indexes posted sharp gains as commodity prices cooled.

. FINANCIAL TIMES (UK)

United Arab Emirates to nudge Opec allies to increase oil production

The United Arab Emirates will encourage fellow Opec members to increase oil production as Russia’s invasion of Ukraine has driven crude

. NIKKEI ASIA (JAPAN)

Nikkei index tracks best day in 21 months on Ukraine hopes

Japan’s Nikkei rallied the most in nearly 21 months on Thursday, tracking a rebound in global peers as battered market sentiment recovered with Ukraine and Russia looked set to resume diplomatic talks and crude oil prices easing from recent highs.

. REUTERS (CANADA)

Gold drops as risk appetite rebounds on oil price decline

Gold prices fell on Thursday as traders moved away from safe-haven bets after global shares rallied following a retreat in oil prices.

. BLOOMBERG (USA)

Wall Street Sends Fresh Alarms on Bond Liquidity as QE Era Ends

U.S. government debt yields are the benchmark used to help underpin valuations for an estimated $50 trillion in world assets.

. BARRON’S (USA)

From Nickel to Oil and Stocks, Investors Are in Turmoil. Is the Market Broken?

Markets are evidently in turmoil—but are they broken? At a high level, thankfully, the answer appears to be no.

. MARKETWATCH (USA)

Global oil benchmark bounces after biggest daily fall in almost 2 years

Oil futures were on the rise again Thursday, a day after Brent crude suffered its biggest one-day percentage loss in nearly 2 years,