. SMH (AUSTRALIA)
Global relief rally lifts share market 1.1%, ASIC slams ASX for latest outage
The ASX 200 soared 1.6% in early trade to a one-month high of 7296.8 before closing 1.1% higher at 7250.8 after the US Fed lifted rates 0.25% and said a recession is unlikely.
. CNBC (USA)
Hong Kong’s Hang Seng index soars 6% as tech, property stocks surge; Japan’s Nikkei up 3%
Shares in Asia-Pacific rose in Thursday trade as the Chinese markets continue to extend gains from a rebound, while the U.S. Federal Reserve announced its first rate hike in more than three years.
. RTT NEWS (USA)
European Stocks Seen Opening Near The Flatline
European bourses are expected to open on a restrained note on Thursday in the backdrop of the Fed’s first rate hike since 2018.
. REUTERS (CANADA)
Oil rises after IEA supply shortfall warning
Oil prices climbed on Thursday after the International Energy Agency (IEA) said markets could lose three million barrels per day (bpd) of Russian crude and refined products from April.
Gold gains as Fed hikes rates as expected; focus on Ukraine talks
Gold prices gained on Thursday as the U.S. Federal Reserve raised interest rate as expected, with investors focusing on the Russia-Ukraine peace talks.
. MINT (INDIA)
JPMorgan cuts Indian shares to ‘underweight’, trims target for MSCI EM index
JPMorgan joined Credit Suisse in downgrading Indian equities to “underweight” as soaring commodity prices due to geopolitical tensions fuel inflation worries.
. WALL STREET JOURNAL (USA)
US stocks extend gains after Fed rate hike
U.S. stocks rose and government bond yields edged down after the Federal Reserve raised interest rates. Oil soared as the market’s focus returned to the Ukraine war