. SYDNEY MORNING HERALD (AUSTRALIA)
ASX posts best day in three weeks thanks to tech rally
The Australian sharemarket has started the week on the front foot, climbing by 1.2 per cent thanks to resources and tech stocks.
. RTT NEWS (US)
Asian Markets Mostly Higher On Global Cues
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from the global markets on Friday
. CNBC (US)
European markets climb, continuing positive global trend; Direct Line down 11%
The pan-European Stoxx 600 index gained 0.9% in early deals, with oil and gas stocks climbing 2.3% to lead gains as almost all sectors and major bourses entered positive territory.
. REUTERS (UK)
Oil drops as China’s rising Covid-19 cases renew fuel demand concerns
Oil prices fell $1 in early trading in Asia on Monday, cutting into gains from Friday, as attention turned back to rising Covid-19 cases in China and the prospect of lockdowns again reducing fuel demand in the world’s top oil importing nation.
Gold gains on dollar retreat; Fed rate hike in focus
Gold prices edged higher on Monday as the U.S. dollar pulled back slightly, although the gains were capped by expectations of aggressive rate hikes by the Federal Reserve.
. WALL STREET JOURNAL (US)
Dollar Extends Gains With No End to Rally in Sight
Few on Wall Street see a change in the U.S. currency’s trajectory, reflecting fears of a global recession and deepening woes in Europe.
