World Markets Daily In Brief

World Markets Daily News – In Brief – Sunday 20/03/2022

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. REUTERS (CANADA)

Wall Street Week Ahead: After sizzling rebound, investors weigh whether stocks have more bounce

Wall Street stormed back this week after absorbing a long-awaited rate hike from the Federal Reserve, leaving investors to determine whether stocks are set for a sustained rebound or more turbulence.

. ECONOMIC TIMES (INDIA)

Dalal Street Week Ahead: Short covering-led market rally may soon come to halt

The previous week saw a strong rally, obviously fueled by short-covering. And this week was no different. Though the markets oscillated in a narrower range of 789 points (vs 1,000+ points last week), that was still wider than usual.

. FINANCIAL TIMES (UK)

Oil supply shortage fears add to price volatility

Renewed anxieties about global supply shortages are pushing oil prices higher again, the latest sharp moves in three weeks

. KHALEEJ TIMES (UAE)

UAE gold prices: 24K seen trading between Dh226 and Dh238

Gold Prices are expected to trade sideways with a support level seen at $1,910 an ounce for the precious metal in the week ahead.

. BLOOMBERG (USA)

The world’s biggest commodities markets are starting to seize up

It’s getting harder to deal in some of the world’s most important commodities as everything from geopolitical turmoil to exchange snafus prompt traders to rush for the exits, rapidly draining liquidity.