. SMH (AUSTRALIA)
Sharemarket treads water as oil prices hit three-month low
A three-month low in oil prices has caused a slump on Wall Street and weighed on the ASX in early trade.
. RTT NEWS (US)
Asian Markets Trading Mixed
Asian stock markets are trading mixed on Wednesday, following the broadly negative cues from Wall Street overnight, dragged by weakness in materials and energy stocks
. CNBC (US)
Stock futures are flat with all eyes on June’s inflation report
Stock futures were little changed early on Wednesday as investors awaited a key inflation report that is expected to show a fresh high.
. REUTERS (UK)
Oil prices slip on anticipated U.S. inventory build amid demand worries
Oil prices fell in early Asian trading on Wednesday as U.S. inventory data showed buildups in crude oil and refined products amid rising fears of a global economic slowdown.
Gold subdued on dollar strength ahead of U.S. inflation data
Gold prices hovered near a more than nine-month low on Wednesday, with the dollar continuing to hurt bullion demand, while investors awaited monthly U.S. inflation data for cues on the road ahead for the Federal Reserve’s monetary policy.
. FT (UK)
European shares open lower ahead of closely watched US inflation reading
. WSJ (US)
Twitter Sues Elon Musk to Enforce $44 Billion Merger
The lawsuit comes days after the billionaire moved to terminate the deal over fake accounts. Twitter requested expedited treatment of the case