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World Markets Daily News – In Brief – Thursday 02/06/2022

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. SMH (AUSTRALIA)

ASX set to slide as rate worries send Wall Street lower

A swift jump in Treasury yields is rattling Wall Street, weighing on stock indexes at the start of another month in what’s been a turbulent year.

. RTT NEWS (USA)

Asian markets mirror global weakness

Asian stock markets are mostly lower on Thursday, following the negative cues overnight from the global markets, as traders are digesting comments from JPMorgan CEO Jamie Dimon, warning of an economic “hurricane” amid soaring inflation, global slowdown and the prospects of aggressive monetary tightening by global central banks.

. BAHA (AUSTRIA)

Europe higher premarket with Ukraine in focus

Major European stock market indexes traded higher in the premarket session on Thursday, as investors continue to monitor the situation in Ukraine.

. CNBC (USA)

Stock futures muted as investors dwell on health of the economy

U.S. stock futures were little changed early Thursday morning as economic concerns dragged down investor sentiment.

. REUTERS (UK)

Gold steady as lower bond yields offset dollar strength

Gold held its ground on Thursday, with greenback-priced bullion caught between support from slightly lower U.S. Treasury yields and pressure from a firm dollar.

Oil prices slide after report Saudi Arabia could step up if Russian output dips under sanctions

Oil prices dropped following a report that Saudi Arabia is prepared to raise crude production if Russia’s output significantly falls following European Union sanctions.