World Markets Daily In Brief

World Markets Daily News – In Brief – Thursday 24/03/2022



ASX finishes higher despite Wall St worries, Crown unfit to hold Perth licence

The ASX 200 eked out its third straight day of gains, closing 0.1% higher, up 9.2 points to 7387.1 despite fresh global concerns over rising inflation and lower growth.

Stock traders brace for a chaotic reopening to Russia’s market

The Russian stock market is set to partially reopen after being shut for a month — the longest break since the collapse of the Soviet Union in 1991.


Asia-Pacific markets mixed; Singapore’s travel-related stocks jump 

Asia-Pacific markets struggled for direction on Thursday as yesterday’s 5% jump in oil prices took a pause. Shares in Singapore outperformed the broader Asia-Pacific region


SGX Nifty hints at gap down start, oil price surge, Ukraine crisis weigh

Indian stock markets are likely to be under pressure in early trade today amid weak Asian equities. Nifty futures trading on Singapore exchange (SGX Nifty) was down 0.3% to 17,204


European Shares Seen Opening Steady

European stocks are seen opening flat to slightly higher on Thursday as investors assess the risks of rising inflation and faster tightening by the U.S. Federal Reserve.


Oil prices see-saw amid hopes of Iran deal, supply woes linger

Crude prices declined in volatile trading on Thursday as investors assessed the potential for new supply in the tight markets amid prospects of a new Iran deal.

Gold flat as stronger dollar counters Ukraine worries

Gold prices were unchanged on Thursday as the dollar gained and yields hovered near multi-year peaks, offsetting support from an escalation in the Ukraine crisis.


US opens higher following jobless claims report

Major stock markets in the United States opened higher on Thursday after the newest weekly report showed the initial jobless claims in the country reached their lowest level of claims since September 6, 1969.