World Markets Daily In Brief

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

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. SMH (AUSTRALIA)

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.

. CNBC (USA)

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%.

. RTT NEWS (USA)

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

. REUTERS (CANADA)

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.

. MARKETWATCH (USA)

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