world markets news in brief

World Markets Daily News – In Brief – Monday 20/06/2022

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. SMH (AUSTRALIA)

ASX falls after flat start with energy and mining stocks declining

The ASX has returned to negative territory on the back of falling energy and mining stocks after a steady start in early trade after its worst five-day span in two years last week.

. RTT NEWS (US)

European Shares Set For Mixed Open On Interest-rate Worries

European stocks are seen opening on a mixed note Monday as investors react to central banks’ hawkish rhetoric and concerns over a global economic slowdown.

. CNBC (US)

South Korea drops more than 2%; China keeps benchmark lending rate unchanged

Shares in Asia-Pacific were mixed in Monday trade, as investors monitored market reaction to the release of China’s latest benchmark lending rates.

. REUTERS (UK)

Oil wobbles as global economic worries offset tightening supply

Oil prices edged down on Monday, reversing earlier gains, as concerns about slowing global economic growth and fuel demand offset worries about tightening supplies.

Gold prices inch lower as firm dollar dents appeal

Gold extended losses on Monday as an elevated dollar weighed on bullion demand, with a U.S. market holiday expected to lead to thin trading during the day.