world markets news in brief

World Markets Daily News – In Brief – Tuesday 28/06/2022

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. SYDNEY MORNING HERALD (AUSTRALIA)

Commodities boost ASX to fourth day of gains

The S&P/ASX 200 posted its fourth consecutive day of gains, closing 0.9 per cent higher at 6,763.6 thanks to rising commodity prices.

. RTT NEWS (US)

Asian Markets Mostly Lower Amid Cautious Trades

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as investors remained cautious

. BAHA (AUSTRIA)

Europe opens with gains as consumer sentiment worsens

Major European stocks opened Tuesday’s session with gains despite both Germany and France reporting a further decline in consumer confidence during June.

. CNBC (US)

Stock index futures slip following a losing day Monday

Stock futures were little changed early on Tuesday following a losing day as investors prepare to rebalance their portfolios with the end of the quarter fast approaching.

. REUTERS (UK)

Oil extends gains as major producers flag capacity limits

Oil prices rallied for a third day on Tuesday as major producers Saudi Arabia and the United Arab Emirates looked unlikely to be able to boost output significantly while political unrest in Libya and Ecuador added to those supply concerns.

Gold prices steady as investors await fresh impetus

Gold prices were steady on Tuesday, as traders refused to commit in either direction in the absence of market-moving catalysts.

. FINANCIAL TIMES (UK)

G7 ready to explore caps on energy prices to curb Russian revenues

Leaders seek to ease pressures on global economies but officials concede great deal of work still needed