world markets news

World Markets Daily News – In Brief – Monday 04/04/2022

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. SMH (AUSTRALIA)

ASX bounces back; Iluka, Lynas hit fresh highs, Perpetual falls 6.1% after Pendal bid

The S&P/ASX200 closed 0.3% higher, up 19.9 points to 7513.7 after two days of losses with mining stocks, tech and the energy sector all rising.

. CNBC (USA)

Chinese tech stocks jump as Hong Kong’s Hang Seng index rises nearly 2%

Hong Kong’s Hang Seng index led gains among the major Asia-Pacific markets on Monday as Chinese tech stocks in the city jumped.

. RTT NEWS (USA)

European Shares Set For Steady Open

European stocks looked set for a steady open Monday, even as fighting and bombings continue in cities around Ukraine. Peace talks are scheduled to resume by video today

. NIKKEI ASIA (JAPAN)

Tokyo bourse’s Prime section debuts with 1,839 companies

The Tokyo Stock Exchange overhauled its grouping of shares for the first time in six decades on Monday, seeking to attract overseas investors by offering a top tier of 1,839 blue chips that clear tougher hurdles for corporate governance than the old first section.

. REUTERS (CANADA)

Oil inches up as supply concerns weigh despite reserves release, Yemen truce

Oil prices inched higher on Monday as worries about tight supply persisted even as investors eyed the release of supplies from strategic reserves from consuming nations and a truce in Yemen sparked hopes that supply issues in the Middle East could abate.

Gold steady as stronger dollar, yields counter Ukraine woes

Gold prices were steady on Monday as the dollar and Treasury yields firmed following a solid U.S. payrolls report that raised expectations of aggressive rate hikes, while a worsening Ukraine crisis supported safe-haven bids for bullion.

Germany faces steep recession if Russian oil and gas halted, bank lobby says

Germany will face a steep recession if there is a stop to imports or delivery of Russian gas and oil, a top German bank lobby warned on Monday.

. MARKETWATCH (USA)

U.S. stock futures edge higher as investors prepare for steep rise in interest rates

U.S. stock futures edged higher Monday as investors digest the ramifications of what’s likely to be an imminent steep increase in interest rates.

. BLOOMBERG (USA)

Elon Musk buys 9.2% stake in Twitter

Elon Musk has taken a 9.2% stake in Twitter, a week after hinting about plans to shake up the social media platform.

. POLITICO (BELGIUM)

Austria rejects sanctions against Russian oil, gas

Austria’s finance minister Monday ruled out any EU sanctions that target oil and gas coming from Russia.