World Markets Daily In Brief

World Markets Daily News – In Brief – Monday 21/03/2022



ASX closes 0.2% lower as US futures decline, Block up 9%

The ASX 200 broke its 3 day winning streak closing 0.2% lower at 7278.5 with the tech sector up 2.5% but industrials and the health care sector dragged on the bourse.


Hong Kong’s Hang Seng slips into negative territory in mixed Asia trading

Shares in Asia-Pacific were mixed in Monday morning trade, as investors reacted to the release of China’s latest benchmark lending rate. Oil prices also jumped around 3%.


European Shares Set To Open On Cautious Note

European stocks look set to open lower on Monday as investors monitor the news flow on Russia-Ukraine peace talks


Oil jumps as EU mulls Russian ban, Saudi refinery output hit

Oil prices jumped $3 on Monday, with Brent above $110 a barrel, as European Union nations consider joining the United States in a Russian oil embargo, while a weekend attack on Saudi oil facilities caused jitters.

Gold rises as Ukraine crisis escalates, hawkish Fed caps gains

Gold prices rose on Monday, lifted by safe-haven demand as the Ukraine crisis showed no signs of abatement, although the gains were capped by the U.S. Federal Reserve’s plan of aggressive measures to combat inflation.


Dow under pressure as Boeing falls, after stocks posted biggest weekly gain in more than a year

U.S. stocks on Monday were lower in choppy trade after the strongest weekly performance in more than a year, as Russia’s attack in Ukraine continued with no diplomatic progress in sight