world markets news

World Markets Daily News – In Brief – Wednesday 30/03/2022

301 views

. SMH (AUSTRALIA)

Tech boost send ASX 0.7% higher; Fortescue clarifies $50b hydrogen spend

The ASX 200 closed 0.7% higher at 7514.5, its highest since January, with a big tech boost offsetting a decline from energy and mining stocks.

. RTT NEWS (USA)

Russia-Ukraine Peace Talks Boost Asian Markets

Asian stock markets are mostly higher on Wednesday, following the broadly positive cues overnight from Wall Street, extending the momentum with support from technology and financial stocks, as reports about encouraging progress in a cease-fire talks between Russia and Ukraine in Turkey helped lift investor sentiment.

. NIKKEI ASIA (JAPAN)

Yen surges to 121-level as BOJ governor meets Kishida

The Japanese currency rose more than 2 yen at one point against the U.S. dollar on Wednesday from the previous evening as Bank of Japan Gov. Haruhiko Kuroda met with Prime Minister Fumio Kishida in Tokyo.

. CNBC (USA)

European markets set to turn lower amid doubts over latest Russian pledges over Ukraine

European stocks are expected to open flat to lower on Wednesday following the latest round of talks between Russia and Ukraine, aimed at finding a solution to the conflict.

. REUTERS (CANADA)

Oil rebounds on tight supply, prospects of new Russia sanctions

Oil prices clawed back heavy losses on Wednesday, amid tight supply and growing prospects of new Western sanctions against Russia even as signs of progress emerged from peace talks between Moscow and Kyiv.

Gold gains as dollar, yields weaken; Russia-Ukraine optimism weighs

Gold prices rose on Wednesday, supported by a dip in the U.S. dollar and Treasury yields, though signs of progress in Russia-Ukraine peace talks dented the metal’s appeal as a safe haven and kept gains in check.

. THE RIO TIMES (BRAZIL)

Peru imposes sanctions on ten products originating in Colombia

The TJCAN authorized Peru in August 2018 to impose trade sanctions against Colombia for restricting the importation of Peruvian rice into Colombian territory, but that sanction was suspended that year following an agreement between Colombia and Peru to gradually reopen the Colombian market to Peruvian rice. But, according to Mincetur, Colombia failed to comply.

. WALL STREET JOURNAL (USA)

The LNG Export Boom Is Draining U.S. Natural-Gas Supplies and Lifting Prices

The U.S. is shipping more natural gas than ever overseas, which is keeping domestic inventories lean and power prices high.

. FINANCIAL TIMES (UK)

Germany takes step towards gas rationing over payment stand-off with Russia

Berlin activates emergency law as west refuses to comply with Moscow’s demand for roubles

. MARKETWATCH (USA)

U.S. stock futures fall as Russia attacks near Kyiv, despite pledges to scale down operations

U.S. stock index futures pointed to losses Wednesday morning, as investors reassessed potential progress between Russia and Ukraine negotiators and weighed U.S. pay roll data, after four days of gains for equities.