. SMH (AUSTRALIA)
ASX slides lower as oil plunge weighs
The Australian sharemarket has fallen in morning trade as recession fears and plunging oil prices hurt resources stocks.
. RTT NEWS (US)
Asian Markets Mostly Lower On Recession Worries
Asian stock markets are trading mostly lower on Wednesday, following the mixed cues overnight from Wall Street
. CNBC (US)
European markets jump as investors look to reverse negative slide; Stoxx 600 up 1.3%
European stocks bounced on Wednesday as markets attempted to reverse a negative slide in the previous trading session.
. REUTERS (UK)
Oil prices bounce back from Tuesday tumble as supply concerns return
Oil prices rose as much as nearly 3% on Wednesday before paring some gains as investors piled back into the market after a heavy rout in the previous session, with supply concerns returning to the fore even as worries about a global recession linger.
Gold prices edge up as dollar rally eases
Gold found temporary respite on Wednesday after touching a near seven-month low in the previous session, as the dollar paused for breath after a blistering surge to 20-year highs.
. FT (UK)
Russia’s war helps Qatar boost its influence over global energy flows
Search for alternatives in wake of Ukraine invasion gives Gulf state a big lift as it seeks to develop a major gasfield
. WSJ (US)
Recession Fears, Slowing Demand Tip Oil Below $100
West Texas Intermediate fell 8.2% to $99.50 a barrel, as traders’ attention shifted to the possibility that a downturn in economic growth could cool demand for fuel.