world markets news in brief

World Markets Daily News – In Brief – Sunday 05/06/2022

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. REUTERS (UK)

Wall St Week Ahead: U.S. stock market rebound faces key inflation test

A rally that lifted U.S. stocks from the brink of a bear market faces an important test next week, when consumer price data offers insight on how much more the Federal Reserve will need to do in its battle against the worst inflation in decades.

. ECONOMIC TIMES (INDIA)

Dalal Street Week Ahead: Market will continue to stay highly stock-specific in nature

The equity markets had an overall positive week, but the broad sentiment remained quite tentative as the Nifty oscillated both ways during the five trading sessions before ending on a positive note.

. BLOOMERG (US)

Middle East IPOs on Track for Best Ever First Half as Oil Surges

Listings in region have raised $11.4 billion already this year. International investors have piled into Gulf IPOs like Borouge

. CNBC (US)

Investors set their sights on upcoming inflation report as the bear market rally falters

The stock market may try to regain its footing in the next few sessions, even as a fresh inflation report looms large at the end of the week.

. AFP (FRANCE)

Global food prices fall again but wheat soars

World food prices fell slightly for the second consecutive month in May but wheat prices rose again as Russia’s war in Ukraine rages on and India banned exports of the commodity, a UN agency said Friday.