markets in brief

World Markets Daily News – In Brief – Friday 03/06/2022

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. SMH (AUSTRALIA)

Mining, tech stocks drive ASX 200 higher

The Australian sharemarket has bucked volatile conditions to post gains for the third week in a row.

. CNBC (US)

Stock futures are little changed ahead of May’s jobs report

Stock futures were muted early Friday morning as investors focus their attention on more jobs data due out later in the day

. RTT NEWS (US)

Asian markets trade mostly higher

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, fueled largely by strength in materials and energy stocks amid higher commodity prices.

. BAHA (AUSTRIA)

Europe opens higher amid data

Major stock indexes in Europe traded higher at the open on Friday with data reports in focus.

. REUTERS (UK)

Oil prices steady on doubts OPEC+ can make up Russian deficit

Oil prices were roughly unchanged on Friday, clinging to gains made in the previous session on doubts that producers belonging to OPEC+ can hike their crude output enough to make up for lost supply from Russia.

Gold hits one-month high as dollar weakens, set for weekly gain

Gold prices scaled a one-month peak on Friday, riding on a weaker U.S. dollar that has also put bullion on track for a third straight weekly gain.