ASX closes 1.3% higher, AMP and Fortescue soar
The ASX 200 rebounded strongly and closed on a high, up 1.3% or 95.7 points at 7356.9 with energy stocks and miners like Fortescue and BHP lifting the bourse.
. RTT NEWS (USA)
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Thursday, following the mixed cues overnight from Wall Street
. CNBC (USA)
European markets climb on earnings boost as investors monitor Russian gas supplies to Europe
European stocks advanced on Thursday as investors reacted to a slew of earnings and continued to monitor developments in Ukraine, and Russia’s next move on its gas supplies to Europe.
. REUTERS (UK)
Gold falls to 10-week low on lofty dollar, imminent U.S. rate hike
Gold prices fell to a 10-week low on Thursday, as an elevated U.S. dollar hurt demand for greenback-priced bullion, while an impending Federal Reserve interest rate hike also dented the metal’s appeal as an inflation hedge.
Oil falls as China fuel demand concerns linger
Oil prices dropped on Thursday as investor remained cautious about dwindling fuel demand in China, the world’s biggest oil importer, due to COVID-19 restrictions.