world markets news in brief

World Markets Daily News – In Brief – Wednesday 27/04/2022

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. SMH (AUSTRALIA)

ASX 0.7% lower, AMP deals with Dexus, inflation highest since GST

The ASX 200 pared its losses to be down 0.7% to 7266 at noon with the tech sector down 2.4% after US tech stocks led a broader sell-off on Wall St.

. RTT NEWS (USA)

Asian Markets Trade Mostly Lower

Asian stock markets are a sea of red on Wednesday, following the broadly negative cues overnight from Wall Street

. CNBC (USA)

European markets head for lower open as fears over global growth rattle sentiment

European stocks are expected to open lower on Wednesday as global markets remain mixed, with fears persisting over the global growth outlook.

. REUTERS (CANADA)

Oil rises on Russia gas tension, China stimulus hopes

Oil prices extended gains in early Asian trade on Wednesday amid simmering geopolitical tensions as Russia cut gas supplies to Poland, while hopes of Chinese economic stimulus buoyed the demand outlook.

Gold prices dip as dollar rises to pandemic high

Gold prices fell on Wednesday as the dollar consolidated at its highest level in more than two years and pressured demand for greenback-priced bullion.

FINANCIAL TIMES (UK)

Poland and Bulgaria braced for halt to Russian gas supplies

Russia is to halt the flow of gas to Poland and Bulgaria from Wednesday, according to authorities in both EU nations